---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-24-000081"
form_type: "8-K"
ticker: "CARV"
cik: "0001016178"
company_name: "CARVER BANCORP INC"
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T21:35:24.335090+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Carver Bancorp reports breakeven quarter; assets up 4.4% to $775M; $1.4M ERP grant income

## Summary
- Net income improved $1.1M YoY to near breakeven; recognized $1.4M ERP grant income in Dec 2023 quarter.
- Year-to-date interest income +$4.0M (+19.6%) vs interest expense +$4.7M (+144%); NIM 3.0%.
- Assets grew 4.4% to $775.3M; over $30M in new institutional deposits from Key Bank, Micron, TIAA.
- Lending activity: $8.9M commercial mortgage, $3.2M multifamily, $4M consumer/specialty, $2M leveraged loans.
- CEO Craig MacKay cites continued organic growth, diversification, and well-capitalized status.

## SEC filing metadata
- accession: 0000943374-24-000081
- form_type: 8-K
- ticker: CARV
- cik: 0001016178
- company_name: CARVER BANCORP INC
- filed_at: 2024-02-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1016178/000094337424000081/0000943374-24-000081-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1016178/000094337424000081/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-24-000081
- JSON: https://secwatch.observer/filing/0000943374-24-000081.json
- Plain text: https://secwatch.observer/filing/0000943374-24-000081.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.