v3.25.2
Borrowed Money (Tables)
 12 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Federal Home Loan Bank, Advances FHLB-NY advances weighted average interest rates by remaining period to maturity are as follows:
20252024
$ in thousandsAmountWeighted Average RateAmountWeighted Average Rate
Maturing Year Ending March 31,
2025— — %28,027 4.61 %
20261,814 5.45 %— — %
$1,814 $28,027 
Schedule of Maturities of Long-term Debt
The following table presents expected maturities of the Company's long-term borrowings at March 31, 2025:
$ in thousands
Year ending March 31,
2026$1,814 
20272,500 
2028— 
20292,500 
2030— 
Thereafter13,403 
Total$20,217 
Schedule of Debt
The following table sets forth certain information regarding Carver Federal's borrowings as of and for the years ended March 31:
$ in thousands
2025
2024
Amounts outstanding at the end of year:
FHLB advances$1,814 $28,027 
Subordinated debt securities13,403 13,403 
Other5,000 5,000 
Rate paid at year end:
FHLB advances5.45 %4.61 %
Subordinated debt securities7.61 %8.64 %
Other1.50 %1.50 %
Maximum amount of borrowing outstanding at any month end:
FHLB advances$25,000 $25,000 
Subordinated debt securities13,403 13,403 
Other2,500 2,500 
Approximate average amounts outstanding for year:
FHLB advances$24,089 $27,020 
Subordinated debt securities13,403 13,403 
Other5,000 4,813 
Approximate weighted average rate paid during year:
FHLB advances3.7 %4.22 %
Subordinated debt securities8.38 %8.65 %
Other1.51 %1.54 %