Attached files
file | filename |
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EX-32.2 - EXHIBIT 32.2 - CARVER BANCORP INC | september30201710qex322.htm |
EX-32.1 - EXHIBIT 32.1 - CARVER BANCORP INC | september30201710qex321.htm |
EX-31.2 - EXHIBIT 31.2 - CARVER BANCORP INC | september30201710qex312.htm |
EX-31.1 - EXHIBIT 31.1 - CARVER BANCORP INC | september30201710qex311.htm |
10-Q - 10-Q - CARVER BANCORP INC | a20170930-10q.htm |
EXHIBIT 11
COMPUTATION OF EARNINGS (LOSS) PER SHARE
(Unaudited)
Three Months Ended September 30, | Six Months Ended September 30, | |||||||||||||||
$ in thousands except per share data | 2017 | 2016 Restated (1) | 2017 | 2016 Restated (1) | ||||||||||||
Earnings (loss) per common share | ||||||||||||||||
Net (loss) income (1) | $ | (594 | ) | $ | (251 | ) | $ | (1,235 | ) | $ | 74 | |||||
Less: Participated securities share of undistributed earnings (1) | — | — | — | 45 | ||||||||||||
Net (loss) income available to common shareholders (1) | $ | (594 | ) | $ | (251 | ) | $ | (1,235 | ) | $ | 29 | |||||
Weighted average common shares outstanding - basic | 3,696,420 | 3,696,420 | 3,696,420 | 3,696,420 | ||||||||||||
Effect of dilutive Management Recognition Plan ("MRP") shares | — | — | — | 4,000 | ||||||||||||
Weighted average common shares outstanding - diluted | 3,696,420 | 3,696,420 | 3,696,420 | 3,700,420 | ||||||||||||
Basic (loss) earnings per common share (1) | $ | (0.16 | ) | $ | (0.07 | ) | $ | (0.33 | ) | $ | 0.01 | |||||
Diluted (loss) earnings per common share (1) | $ | (0.16 | ) | $ | (0.07 | ) | $ | (0.33 | ) | $ | 0.01 |
(1) September 30, 2016 balances have been restated from previously reported results to correct for material and certain other errors from prior periods. Refer to Note 1 for further detail.