Borrowed Money Borrowed Money (Tables)

12 Months Ended

Mar. 31, 2019

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	2019			2018
Maturing Year Ended March 31,	Weighted Average Rate	Amount		Weighted Average Rate	Amount
2019 (1)	—%	$	—	1.50%	$	25,000
2020	2.66%	8,000		—%	—
	2.66%	$	8,000	1.50%	$	25,000

⁽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	2019			2018
Amounts outstanding at the end of year:
FHLB advances	$	8,000		$	25,000
Subordinated debt securities	13,403			13,403
Rate paid at year end:
FHLB advances	2.66		%	1.50		%
Subordinated debt securities	5.66		%	5.23		%
Maximum amount of borrowing outstanding at any month end:
FHLB advances	$	25,000		$	30,000
Subordinated debt securities	$	13,403		$	13,403
Repo	$	—		$	1,000
Approximate average amounts outstanding for year:
FHLB advances	$	4,118		$	25,616
Subordinated debt securities	$	13,403		$	13,773
Repo	$	—		$	584
Approximate weighted average rate paid during year:
FHLB advances	2.16		%	2.11		%
Subordinated debt securities	6.11		%	4.54		%
Repo	—		%	1.17		%