SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C. 20549

                                SCHEDULE 13G
                  Under the Securities Exchange Act of 1934
                             (Amendment No. 7)*

                            Carver Bancorp, Inc.
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                              (Name of Issuer)

                        Common Stock, par value $0.01
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                       (Title of Class of Securities)

                                  14687510
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                               (CUSIP Number)

                              December 31, 2004
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           (Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:

                           [ X ]    Rule 13d-1(b)
                           [ X ]    Rule 13d-1(c)
                           [   ]    Rule 13d-1(d)


                  *The remainder of this cover page shall be filled out for
a reporting person's initial filing on this form with respect to the subject
class of securities, and for any subsequent amendment containing information
which would alter the disclosures provided in a prior cover page.

                  The information required in the remainder of this cover
page shall not be deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934 ("Act") or otherwise subject to the
liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).

                              Page 1 of 5 pages



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 CUSIP No. 14687510                                         Page 2 of 7 Pages
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==============================================================================
     1       NAMES OF REPORTING PERSONS/
             S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
             Donald Leigh Koch
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     2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                                      (a) / /
                                                                      (b) / /
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     3       SEC USE ONLY

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     4       CITIZENSHIP OR PLACE OF ORGANIZATION
             United States
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                             5      SOLE VOTING POWER
                                    59,000
        NUMBER OF         ----------------------------------------------------
         SHARES              6      SHARED VOTING POWER
      BENEFICIALLY                  0
        OWNED BY          ----------------------------------------------------
          EACH               7      SOLE DISPOSITIVE POWER
        REPORTING                   210,250
         PERSON           ----------------------------------------------------
          WITH               8      SHARED DISPOSITIVE POWER
                                    0
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     9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
             PERSON  210,250*
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    10       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
             SHARES                                                       / /
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    11       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
             8.476%**
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    12       TYPE OF REPORTING PERSON
             IN
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             *See Item 4 of this Schedule 13G
             **Based on 2,480,393 shares of Common Stock issued and
               outstanding as of 12/31/04
==============================================================================

                             Page 2 of 5 pages

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 CUSIP No. 14687510                                         Page 3 of 7 Pages
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==============================================================================
     1       NAMES OF REPORTING PERSONS
             I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS: Koch Asset
             Management, L.L.C.; 43-1746061
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     2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                                      (a) / /
                                                                      (b) / /
------------------------------------------------------------------------------
     3       SEC USE ONLY

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     4       CITIZENSHIP OR PLACE OF ORGANIZATION
             Missouri
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                             5      SOLE VOTING POWER
                                    0
        NUMBER OF         ----------------------------------------------------
         SHARES              6      SHARED VOTING POWER
      BENEFICIALLY                  0
        OWNED BY          ----------------------------------------------------
          EACH               7      SOLE DISPOSITIVE POWER
        REPORTING                   210,250
         PERSON           ----------------------------------------------------
          WITH               8      SHARED DISPOSITIVE POWER
                                    0
------------------------------------------------------------------------------
     9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
             210,250*
------------------------------------------------------------------------------
    10       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
             SHARES                                                       / /
------------------------------------------------------------------------------
    11       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
             8.476%**
------------------------------------------------------------------------------
    12       TYPE OF REPORTING PERSON
             IA
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             *See Item 4 of this Schedule 13G
             **Based on 2,480,393 shares of Common Stock issued and
               outstanding as of 12/31/04
==============================================================================

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 CUSIP No. 14687510                                         Page 4 of 7 Pages
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ITEM 1.           (a) Name of Issuer:

                                    Carver Bancorp, Inc.

                  (b) Address of Issuer's Principal Executive Offices:

                                    75 West 125th St.
                                    New York, NY 10027-4512

ITEM 2.           (a) Name of Person Filing:

                                    Donald Leigh Koch
                                    Koch Asset Management, L.L.C.

                                    The Reporting Persons are making a joint
                      filing pursuant to a Joint Filing Agreement filed with
                      Amendment No. 1 to Schedule 13G.

                  (b) Address of Principal Business Offices or, if none,
                      Residence:

                                    The business address of each Reporting
                      Person is 1293 Mason Road, Town & Country, MO 63131

                  (c) Citizenship:

                                    Donald Koch is a citizen of the United
                  States of America. Koch Asset Management is a citizen of
                  Missouri.

                  (d) Title of Class of Securities:

                                    Common Stock

                  (e) CUSIP Number:

                                    14687510

ITEM 3.           IF THIS STATEMENT IS FILED PURSUANT TO SECTION 240.13d-1(b)
                  OR SECTIONS 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON
                  FILING IS A:

                  (a) [ ] Broker or Dealer registered under Section 15 of
                          the Act (15 U.S.C. 78o)
                  (b) [ ] Bank as defined in Section 3(a)(6) of the Act
                          (15 U.S.C. 78c)
                  (c) [ ] Insurance Company as defined in Section 3(a)(19)
                          of the Act (15 U.S.C. 78c)

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 CUSIP No. 14687510                                         Page 5 of 7 Pages
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                  (d) [ ] Investment Company registered under Section 8 of the
                          Investment Company Act of 1940 (15 U.S.C. 809-8)
                  (e) [X] An investment adviser in accordance with Section
                          240.13d-1(b)(1)(ii)(E)
                  (f) [ ] An employee benefit plan or endowment fund in
                          accordance with Section 240.13d-1(b)(1)(ii)(F)
                  (g) [ ] A parent holding company or control person, in
                          accordance with Section 240.13d-1(b)(ii)(G)
                  (h) [ ] A savings association as defined in Section 3(b) of
                          the Federal Deposit Insurance Act (12 U.S.C. 1813)
                  (i) [ ] A church plan that is excluded from the definition
                          of an investment company under section 3(c)(14) of
                          the Investment Company Act of 1940 (15 U.S.C. 80-a-3)
                  (j) [ ] Group, in accordance with Section
                          240.13d-1(b)(1)(ii)(J)

                  Koch Asset Management, L.L.C. is an investment advisor in
                  accordance with Section 240.13d-1(b)(1)(ii)(E) and has
                  filed this Amendment 7 to Schedule 13G pursuant to Section
                  240.13d-1(b). Donald Leigh Koch has filed this Amendment 7
                  to Schedule 13G pursuant to Section 240.13d-1(c).

ITEM 4.           OWNERSHIP.

                  The information in items 1 and 5-11 on each of the cover
                  pages of this Schedule 13G is hereby incorporated by
                  reference.

                  Koch Asset Management, L.L.C. is a registered investment
                  adviser which furnishes investment advice to individual
                  clients by exercising trading authority over securities
                  held in accounts on behalf of such clients (collectively,
                  the "Managed Portfolios"). In its role as an investment
                  adviser to the Managed Portfolios, Koch Asset Management
                  has sole dispositive power over the Managed Portfolios
                  and, as a result, may be deemed to be the beneficial owner
                  of shares of Carver Bancorp, Inc. Common Stock (the
                  "Common Stock") held by such Managed Portfolios. However,
                  Koch Asset Management does not have the right to vote or
                  to receive any dividends from, or the proceeds from the
                  sale of, the Common Stock held in such Managed Portfolios
                  and disclaims any ownership associated with such rights.

                  Donald Leigh Koch owns 100% of Koch Asset Management and
                  serves as the sole Managing Member. Mr. Koch is filing
                  this joint statement with Koch Asset Management as a
                  result of his ownership of and position in Koch Asset
                  Management, from which Mr. Koch may be deemed to have the
                  power to exercise any dispositive power that Koch Asset
                  Management may have with respect to the Common Stock held
                  by the Managed Portfolios. Mr. Koch, individually, and Mr.
                  Koch and his spouse, jointly, own and hold voting power
                  with respect to Managed Portfolios containing
                  approximately 59,000 shares of Common Stock, or an

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 CUSIP No. 14687510                                         Page 6 of 7 Pages
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                  aggregate of approximately 2.38% of the total number of
                  outstanding shares of Common Stock (collectively, the
                  "Koch Shares"). Other than with respect to the Koch
                  Shares, all shares reported herein have been acquired by
                  Koch Asset Management and Mr. Koch specifically disclaims
                  beneficial ownership over any shares of Common Stock that
                  he or Koch Asset Management may be deemed to beneficially
                  own. Furthermore, other than with respect to the Koch
                  Shares, Mr. Koch does not have the right to vote or to
                  receive any dividends from, or the proceeds from the sale
                  of, the securities held in the Managed Portfolios and
                  disclaims any ownership associated with such rights.

ITEM 5.           OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

                  N/A

ITEM 6.           OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
                  PERSON.

                  Each advisory client of Koch Asset Management who owns
                  Common Stock in a Managed Portfolio has the right to
                  receive dividends from, or the proceeds from the sale of,
                  the Common Stock held in the client's Managed Portfolio.

ITEM 7.           IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
                  ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
                  COMPANY.

                  N/A

ITEM 8.           IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

                  N/A

ITEM 9.           NOTICE OF DISSOLUTION OF GROUP.

                  N/A

ITEM 10.          CERTIFICATIONS.

                  By signing below I certify that, to the best of my
                  knowledge and belief, the securities referred to above
                  were acquired in the ordinary course of business and were
                  not acquired for the purpose of and do not have the effect
                  of changing or influencing the control of the issuer of
                  such securities and were not acquired in connection with
                  or as a participant in any transaction having such
                  purposes or effect.

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 CUSIP No. 14687510                                         Page 7 of 7 Pages
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                                  SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth on this statement is true, complete
and correct.

                                    DONALD LEIGH KOCH

                                    February 9, 2005
                                    ----------------------------------
                                    Date

                                    /s/ Donald L. Koch
                                    ----------------------------------
                                    Signature

                                    Donald Leigh Koch
                                    ----------------------------------
                                    Name/Title



                                    KOCH ASSET MANAGEMENT, L.L.C.

                                    February 9, 2005
                                    ----------------------------------
                                    Date

                                    /s/ Donald L. Koch
                                    ----------------------------------
                                    Signature

                                    Donald Leigh Koch, Managing Member
                                    ----------------------------------
                                    Name/Title

                                   - 7 -