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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2012
Net income / (loss) before attribution of non-controlling interest $ (946) $ (283) $ (22,778)
Net (loss) / income attributable to non-controlling interest, net of taxes (110) (945) 629
Net Income (Loss) Attributable to Carver Bancorp, Inc. (836) 662 (23,407)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Provision for (recovery of) loan losses (426) (3,327) 16,342
Pension plan termination cost 1,148 0 0
Stock based compensation expense 2 2 53
Depreciation and amortization expense 1,079 1,132 1,369
Amortization of intangibles 0 0 76
Loss on real estate owned 257 808 216
Gain on sale of securities, net (552) (174) 0
Gain on sale of loans, net (1,319) (2,250) (257)
Market adjustment on held-for-sale loans (231) (32) (1,870)
Proceeds from sale of loans held-for-sale 21,614 27,840 32,435
Assets repurchased from third parties (2,116) (4,129) 0
(Increase) decrease in accrued interest receivable (310) 52 598
Amortization and accretion of loan premiums and discounts and deferred charges (2,280) (417) (229)
Amortization and accretion of premiums and discounts - securities 176 (358) 253
(Increase) decrease in other assets (207) 20 1,602
(Decrease) increase in other liabilities (563) (268) 1,113
Net cash provided by operating activities 15,546 20,341 31,528
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchase of securities: Available-for-sale (35,180) (75,936) (54,344)
Proceeds from principal payments, maturities, calls and sales of securities: Available-for-sale 51,592 44,830 23,854
Proceeds from principal payments, maturities and calls of securities: Held-to-maturity 5,105 2,692 6,492
Originations of loans held-for-investment (68,450) (35,177) (21,267)
Loans purchased from third parties (54,459) (12,161) 0
Principal collections on loans (89,570) (76,158) (109,542)
Proceeds on sale of loans 398 1,718 2,872
Decrease (increase) in restricted cash 4,311 (4,251) (6,415)
Redemption (purchase) of FHLB-NY stock 402 (1,335) 1,184
Purchase of premises and equipment (305) (218) (144)
Proceeds from sale of real estate owned 1,727 195 564
Net cash (used in) provided by investing activities (5,289) (3,485) 62,338
CASH FLOWS FROM FINANCING ACTIVITIES      
Net increase (decrease) in deposits 13,651 (36,881) (28,102)
Net (decrease) increase in FHLB-NY advances and other borrowings (6,000) 32,974 (69,212)
Capital raise 0 0 51,432
Dividends paid 0 0 (364)
Net cash provided by (used in) by financing activities 7,651 (3,907) (46,246)
Net increase in cash and cash equivalents 17,908 12,949 47,620
Cash and cash equivalents at beginning of period 104,646 91,697 44,077
Cash and cash equivalents at end of period 122,554 104,646 91,697
Noncash financing and investing activities      
Transfer of loans held-for-investment to loans held-for-sale 12,717 9,724 53,815
Cash paid for-      
Interest 3,576 4,455 8,454
Income Taxes $ 130 $ 69 $ 708