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Other Comprehensive Income (Loss) (Notes)
 12 Months Ended
Mar. 31, 2014
Statement of Comprehensive Income [Abstract]  
Comprehensive Income (Loss) Note [Text Block]
OTHER COMPREHENSIVE (LOSS) INCOME

The following table sets forth changes in each component of accumulated other comprehensive (loss) / income, net of tax for the year ended March 31, 2014:
$ in thousands
 
At
March 31, 2013
 
Pension Plan Adjustment
 
Other Comprehensive Income
 
At
March 31, 2014
Net unrealized gain (loss) on securities available-for-sale
 
$
1,064

 
—

 
$
(5,832
)
 
$
(4,768
)
Net unrealized loss on pension liability
 
(501
)
 
(716
)
 
1,217

 
—

Accumulated other comprehensive income (loss)
 
$
563

 
$
(716
)
 
$
(4,615
)
 
$
(4,768
)


The following table sets forth information about amounts reclassified from accumulated other comprehensive income (loss) to the consolidated statement of operations and the affected line item in the statement where net income is presented.
$ in thousands
 
Twelve Months Ended March 31, 2014
 
Affected Line Item in the Consolidated Statement of Operations
Reclassification adjustment for sales of available for-sale securities, net of tax
 
552

 
Gain on sale of securities
 
 
 
 
 
Reclassification adjustment for termination of pension plan, net of tax
 
(1,148
)
 
Employee compensation and benefits
 
 
 
 
 
Total reclassifications for the period
 
$
(596
)
 
 


Comprehensive Income (Loss). Comprehensive income (loss) represents net income (loss) and certain amounts reported directly in stockholders' equity, such as net unrealized gain or loss on securities available-for-sale and loss on pension obligations. The Company has reported its comprehensive income (loss) for fiscal years 2014, 2013 and 2012 in the Consolidated Statements of Comprehensive Income (Loss).  Carver Federal's accumulated other comprehensive loss included net unrealized losses on securities of $5.8 million at March 31, 2014 and $0.7 million at March 31, 2013. Also included in the prior year accumulated other comprehensive income (loss) was a loss on the Bank's pension plan liabilities of $0.5 million.