CARVER BANCORP INC - FORM 10-Q - EX-11 - EXHIBIT 11

file	filename
10-Q - FORM 10-Q - CARVER BANCORP INC	c12472e10vq.htm
EX-31.2 - EXHIBIT 31.2 - CARVER BANCORP INC	c12472exv31w2.htm
EX-31.1 - EXHIBIT 31.1 - CARVER BANCORP INC	c12472exv31w1.htm
EX-32.1 - EXHIBIT 32.1 - CARVER BANCORP INC	c12472exv32w1.htm
EX-32.2 - EXHIBIT 32.2 - CARVER BANCORP INC	c12472exv32w2.htm

EXHIBIT 11
COMPUTATION OF EARNINGS PER SHARE
(In thousands, except share data)
(Unaudited)


	Three Months Ended					Nine Months Ended
	December 31,					December 31,
	2010			2009		2010			2009*
Earnings per common share — basic
Net (loss) income	$	(8,188	)	$	788	$	(34,041	)	$	1,169
Less: CPP Preferred Dividends		82			237		588			712
Dividends paid and undistributed (losses)/earnings allocated to participating securities		(59	)		4		(248	)		8

Net Income Available to Common Shareholders	$	(8,210	)	$	547	$	(34,381	)	$	449


Weighted average common shares outstanding		2,484,285			2,474,719		2,483,350			2,473,164


Earnings per common share	$	(3.30	)	$	0.22	$	(13.84	)	$	0.18


Earnings per common share — diluted
Net income				$	788				$	1,174
Less: CPP Preferred Dividends					237					712
Dividends paid and undistributed earnings allocated to participating securities					4					8

Net Income Available to Common Shareholders				$	547				$	454


Weighted average common shares outstanding — basic					2,474,719					2,473,164
Effect of dilutive securities — stock options and unvested restricted stock					18,223					18,223

Weighted average shares outstanding — diluted					2,492,942					2,491,387


Earnings per common share				$	0.22				$	0.18


*		Restated as previously disclosed in a Form 8-K filed with the Securities and Exchange Commission on July 15, 2010

CARVER BANCORP INC - FORM 10-Q - EX-11 - EXHIBIT 11 - February 14, 2011