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Borrowed Money Borrowed Money (Tables)
12 Months Ended
Mar. 31, 2017
Debt Disclosure [Abstract]  
Schedule of Federal Home Loan Bank, Advances
FHLB-NY advances weighted average interest rates by remaining period to maturity at March 31 are as follows:

$ in thousands
 
2017
 
2016
Maturing Year Ended March 31,
 
Weighted
Average Rate
 
Amount
 
Weighted
Average Rate
 
Amount
2017
 
—%
 
$

 
0.49%
 
$
25,000

2018
 
1.04%
 
5,000

 
—%
 

2019 (1)
 
1.50%
 
25,000

 
1.50%
 
25,000

 
 
1.42%
 
$
30,000

 
1.00%
 
$
50,000


(1) Effective rate is 2.13% which includes the net impact of the amortization of the termination fee on restructured borrowing.
Schedule of Debt
The following table sets forth certain information regarding Carver Federal's borrowings as of and for the years ended March 31:
$ in thousands
2017
 
2016
Amounts outstanding at the end of year:
 
 
 
FHLB advances
$
30,000

 
$
50,000

Subordinated debt securities
18,403

 
18,403

Repo
$
1,000

 
$

 
 
 
 
Rate paid at year end:
 
 
 
FHLB advances
1.42
%
 
1.00
%
Subordinated debt securities
3.60
%
 
3.23
%
Repo
1.15
%
 
%
 
 
 
 
Maximum amount of borrowing outstanding at any month end:
 
 
 
FHLB advances
$
40,000

 
$
95,000

Subordinated debt securities
$
18,403

 
$
18,403

Repo
$
1,000

 
$

 
 
 
 
Approximate average amounts outstanding for year:
 
 
 
FHLB advances
$
32,849

 
$
61,230

Subordinated debt securities
$
18,403

 
$
18,403

Repo
$
271

 
$

 
 
 
 
Approximate weighted average rate paid during year:
 
 
 
FHLB advances
1.78
%
 
1.15
%
Subordinated debt securities
4.50
%
 
3.08
%
Repo
1.15
%
 
%