卡弗储蓄 2025年度报告

CARVER BANCORP, INC. REPORTS THIRD QUARTER FISCAL YEAR 2026 RESULTS Carver Bancorp, Inc. (the “Company”) (OTCQB: CARV), the holding company for Carver Federal Savings Bank (“Carver” orthe “Bank”), announced results for the three and nine months ended December 31, 2025. The Company reported a net loss of$1.7 million, or basic and diluted loss per share of $0.32 for the three months ended December 31, 2025, compared to a net lossof $5.6 million, or basic and diluted loss per share of $1.09 for the prior year quarter ended December 31, 2024.For the ninemonths ended December 31, 2025, net loss totaled $5.3 million, or basic and diluted loss per share of $1.00, compared to a netloss of $10.0 million, or basic and diluted loss per share of $1.93 for the prior year period ended December 31, 2024.The Results of Operations Net Interest Income and Net Interest Margin Net interest income for the quarter ended December 31, 2025 increased $2.1 million, or 70.0%, to $5.1 million, compared to$3.0 million for the quarter ended December 31, 2024.For the nine months ended December 31, 2025, net interest incomeincreased $1.4 million, or 9.7%, to $15.9 million, compared to $14.5 million for the nine months ended December 31, 2024. Interest income increased $1.6 million, or 23.5%, to $8.4 million for the quarter ended December 31, 2025 from $6.8 millionfor the prior quarter ended December 31, 2024. For the nine months ended December 31, 2025, interest income increased $0.3million, or 1.2%, to $26.2 million from $25.9 million for the nine months ended December 31, 2024. Interest income on loansincreased $1.8 million and $1.2 million for the three and nine months ended December 31, 2025, respectively, due to anincrease in the average yield on the portfolio despite a decrease in average loan balances for the two comparative periods. Theprior year periods included adjustments to reverse interest accrued on loans placed on nonaccrual status during the quarter. Interest expense decreased $0.6 million, or 15.4% to $3.3 million for the quarter ended December 31, 2025 from $3.9 millionfor the prior quarter ended December 31, 2024. For the nine months ended December 31, 2025, interest expense decreased $1.1million, or 9.6% to $10.3 million, from the $11.4 million for the nine months ended December 31, 2024.Interest expense ondeposits decreased $0.4 million for the three and nine months ended December 31, 2025, respectively due to a decrease in theaverage balances and rates on certificates of deposit decreased.Interest expense on advances and other borrowed money Net interest margin was 2.98% for the quarter ended December 31, 2025, compared to 1.63% for the quarter endedDecember 31, 2024, an increase of 135 basis points.For the nine months ended December 31, 2025, net interest margin was Non-Interest Income Non-interest income for the three months ended December 31, 2025 totaled $2.0 million, an increase of $1.0 million, or100.0%, compared to $1.0 million for the three months ended December 31, 2024.For the nine months ended December 31,2025, non-interest income increased $2.2 million, or 95.7%, to $4.5 million, compared to $2.3 million for the nine monthsended December 31, 2024.The increase for both periods was primarily due to higher depository and loan fees and revenue Non-Interest Expense Non-interest expense for the three months ended December 31, 2025 totaled $8.8 million, a decrease of $0.7 million, or 7.4%,compared to $9.5 million for the three months ended December 31, 2024. For the nine months ended December 31, 2025, non-interest expense decreased $0.2 million, or 0.8%, to $25.7 million, compared to $25.9 million for the nine months endedDecember 31, 2024.Decreases in data processing, net occupancy costs related to building expenses and other non-interest Financial Condition Assets The Company's assets totaled $690.6 million at December 31, 2025, a decrease of $39.4 million, or 5.4%, from total assets of$730.0 million at March 31, 2025. The decrease in total assets was largely attributable to decreases of $4.4 million in cash andcash equivalents and $1.8 million and $31.9 million in the Bank's net investment and loan portfolios, respectively. Total cash and cash equivalents decreased $4.4 million, or 8.7%, to $45.9 million at December 31, 2025 from $50.3 million atMarch 31, 2025.The decrease in cash was primarily due to a $87.1 million decrease in total deposits, partially offset by net Total investment securities decreased $1.8 million, or 3.9%, to $44.5 million at December 31, 2025 from $46.3 million atMarch 31, 2025 due to scheduled principal payments received of approximately $2.8 million, partially offset by a $1.1 million Gross portfolio loans decreased $40.5 million, or 6.6%, to $573.2 million at December 31, 2025, compared to $613.7 million atMarch 31, 2025.The decrease was primarily due to attrition and payoffs of $56.3 million, partially offset by new loanoriginations of $23.5 million.In addition, th