Carver Bancorp, Inc - Parent Company Only

12 Months Ended

Mar. 31, 2012

Carver Bancorp, Inc. - Parent Company Only [Abstract]

Condensed Financial Information of Parent Company Only Disclosure [Text Block]

CARVER BANCORP, INC.  - PARENT COMPANY ONLY

ONDENSED STATEMENTS OF FINANCIAL CONDITION:

$ in thousands	As of March 31,
	2012		2011
Assets
Cash on deposit with subsidiaries	$	4,775	$	16
Investment in subsidiaries	65,603		42,473
Other assets	39		10
Total Assets	$	70,417	$	42,499
Liabilities and Stockholders' Equity
Borrowings	$	13,403	$	13,516
Accounts payable to subsidiaries	311		750
Other liabilities	129		559
Total liabilities	$	13,843	$	14,825
Stockholders’ equity	56,574		27,674
Total Liabilities and Stockholders’ Equity	$	70,417	$	42,499

ONDENSED STATEMENTS OF INCOME:

$ in thousands	Years Ended March 31,
	2012			2011			2010
Income
Equity in net income (loss) from subsidiaries	$	(21,103	)	$	(28,507	)	$	302
Other income	50			14			15
Total income (loss)	(21,053		)	(28,493		)	317
Expenses
Interest Expense on Borrowings	467			464			493
Salaries and employee benefits	272			415			203
Shareholder expense	308			444			377
Other	631			346			228
Total expense	1,678			1,669			1,301
Loss before income taxes	(22,731		)	(30,162		)	(984		)
Income tax expense	—			2,651			41
Net (loss)	(22,731		)	(32,813		)	(1,025		)

CONDENSED STATEMENTS OF CASH FLOW:

$ in thousands	Years Ended March 31,
	2012			2011			2010
Cash Flows From Operating Activities
Net loss	$	(22,731	)	$	(32,813	)	$	(1,025	)
Adjustments to reconcile net loss to net cash
from operating activities:
Loss (equity) in net income of Subsidiaries	21,103			28,507			(567		)
Income taxes from the Bank	—			2,651			41
(Increase) decrease in account receivable from subsidiaries	(160		)	—			621
(Increase) decrease in other assets	(28		)	49			(34		)
(Decrease) increase in accounts payable to subsidiaries	(693		)	690			(1,817		)
Increase (decrease) in other liabilities	(17		)	260			192
Other, net	205			1,212			243
Net cash (used in) provided by operating activities	(2,321		)	556			(2,346		)
Cash Flows From Investing Activities
Dividends Received from Bank	247			—			3,325
Capital contribution from CPP	—			—			—
Capital raise	51,432			—			—
Net cash provided by investing activities	51,679			—			3,325
Cash Flows From Financing Activities
Increase in borrowings	(113		)	113			—
Redemption of treasury stock, net	(122		)	—			(68		)
Dividends paid	(364		)	(712		)	(1,942		)
Push Down of Capital Raise	(44,000		)	—			—
Net cash used in financing activities	(44,599		)	(599		)	(2,010		)
Net increase (decrease) in cash	4,759			(43		)	(1,031		)
Cash and cash equivalents – beginning	16			59			1,090
Cash and cash equivalents – ending	4,775			16			59