Carver Bancorp asset base up 2.9%, deposit base up 5.6% in six months to Sep 30, 2023

CARVER BANCORP INC

Asset base increased 2.9% for six months ended Sep 30, 2023; industry declined 0.5%.
Deposit base increased 5.6%, driven by retail and institutional growth.
Net interest margin of 3.06% for Sep quarter; net charge-offs of 0.0%.
Closed over $48M in new loans; consumer loan closings up 43% in Sep quarter.
Highlighted loans to Brown Coaching, Cornerstone Baptist, Omega Care, and fintech partnership growth.

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