$MGYR
Magyar Bancorp, Inc. Stock $mgyr

$mgyr Overview Financials Valuation SEC Filings Company Website

2014 Q4 Form 10-Q Financial Statement

#000117494715000221 Filed on February 12, 2015

Income Statement

Concept	2014 Q4	2013 Q4
Revenue	$4.812M	$4.973M
YoY Change	-3.24%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$224.0K	$234.0K
YoY Change	-4.27%	1.74%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense	$821.0K	$925.0K
YoY Change	-11.24%
% of Operating Profit
Other Income/Expense, Net	$3.877M	$3.885M
YoY Change	-0.21%
Pretax Income	$256.0K	$174.0K
YoY Change	47.13%	-57.56%
Income Tax	$74.00K	$41.00K
% Of Pretax Income	28.91%	23.56%
Net Earnings	$182.0K	$133.0K
YoY Change	36.84%	-52.5%
Net Earnings / Revenue	3.78%	2.67%
Basic Earnings Per Share	$0.03	$0.02
Diluted Earnings Per Share	$0.03	$0.02
COMMON SHARES
Basic Shares Outstanding	5.817K shares	5.813K shares
Diluted Shares Outstanding	5.818K shares	5.815K shares

Balance Sheet

Concept	2014 Q4	2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$7.864M	$8.704M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment	$18.42M	$20.70M
YoY Change	-11.03%	-3.27%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets	$524.5M	$536.6M
YoY Change	-2.25%	4.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$3.600M	$3.800M
YoY Change	-5.26%	-7.32%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$5.000M
YoY Change	-100.0%	0.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$3.600M	$3.800M
YoY Change	-5.26%	-7.32%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$0.00	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.600M	$3.800M
Total Long-Term Liabilities	$0.00	$0.00
Total Liabilities	$478.4M	$491.1M
YoY Change	-2.59%	4.62%
SHAREHOLDERS EQUITY
Retained Earnings	$22.56M
YoY Change
Common Stock	$26.36M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$1.211M
YoY Change
Treasury Stock Shares	108.3K shares
Shareholders Equity	$46.20M	$45.40M
YoY Change
Total Liabilities & Shareholders Equity	$524.5M	$536.6M
YoY Change	-2.25%	4.28%

Cashflow Statement

Concept	2014 Q4	2013 Q4
OPERATING ACTIVITIES
Net Income	$182.0K	$133.0K
YoY Change	36.84%	-52.5%
Depreciation, Depletion And Amortization	$224.0K	$234.0K
YoY Change	-4.27%	1.74%
Cash From Operating Activities	$3.437M	-$992.0K
YoY Change	-446.47%	-136.88%
INVESTING ACTIVITIES
Capital Expenditures	$61.00K	$9.000K
YoY Change	577.78%	-111.25%
Acquisitions
YoY Change
Other Investing Activities	-$420.0K	-$8.980M
YoY Change	-95.32%	21.68%
Cash From Investing Activities	-$477.0K	-$8.985M
YoY Change	-94.69%	20.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net	$3.500M	$4.000M
YoY Change	-12.5%
Cash From Financing Activities	-$5.354M	$889.0K
YoY Change	-702.25%	-86.43%
NET CHANGE
Cash From Operating Activities	$3.437M	-$992.0K
Cash From Investing Activities	-$477.0K	-$8.985M
Cash From Financing Activities	-$5.354M	$889.0K
Net Change In Cash	-$2.394M	-$9.088M
YoY Change	-73.66%	-610.56%
FREE CASH FLOW
Cash From Operating Activities	$3.437M	-$992.0K
Capital Expenditures	$61.00K	$9.000K
Free Cash Flow	$3.376M	-$1.001M
YoY Change	-437.26%	-136.14%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2013Q4	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	4539000	USD
CY2013Q4	us-gaap	Interest Income Securities Taxable InterestIncomeSecuritiesTaxable	413000	USD
CY2013Q4	us-gaap	Interest Income Securities Tax Exempt InterestIncomeSecuritiesTaxExempt		USD
CY2013Q4	mgyr	Federal Home Loan Bank Of New York Stock FederalHomeLoanBankOfNewYorkStock	21000	USD
CY2013Q4	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	4973000	USD
CY2013Q4	us-gaap	Interest Expense Deposits InterestExpenseDeposits	644000	USD
CY2014Q4	us-gaap	Profit Loss ProfitLoss	182000	USD
CY2014Q4	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.03
CY2014Q4	mgyr	Service Fees ServiceFees	78000	USD
CY2014Q4	us-gaap	General Insurance Expense GeneralInsuranceExpense	57000	USD
CY2014Q4	us-gaap	Other Noninterest Expense OtherNoninterestExpense	308000	USD
CY2014Q4	us-gaap	Other Expenses OtherExpenses	3877000	USD
CY2014Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	256000	USD
CY2014Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	74000	USD
CY2014Q4	us-gaap	Labor And Related Expense LaborAndRelatedExpense	2002000	USD
CY2014Q4	us-gaap	Occupancy Net OccupancyNet	703000	USD
CY2014Q4	us-gaap	Professional Fees ProfessionalFees	292000	USD
CY2014Q4	us-gaap	Information Technology And Data Processing InformationTechnologyAndDataProcessing	146000	USD
CY2014Q4	us-gaap	Loan Portfolio Expense LoanPortfolioExpense	111000	USD
CY2014Q4	us-gaap	Federal Deposit Insurance Corporation Premium Expense FederalDepositInsuranceCorporationPremiumExpense	180000	USD
CY2014Q4	us-gaap	Revenue Other Financial Services RevenueOtherFinancialServices	199000	USD
CY2014Q4	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	77000	USD
CY2014Q4	us-gaap	Other Operating Income OtherOperatingIncome	23000	USD
CY2014Q4	us-gaap	Gain Loss On Sale Of Loans And Leases GainLossOnSaleOfLoansAndLeases	233000	USD
CY2014Q4	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	30000	USD
CY2014Q4	us-gaap	Other Income OtherIncome	562000	USD
CY2014Q4	us-gaap	Interest Expense Deposits InterestExpenseDeposits	602000	USD
CY2014Q4	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	219000	USD
CY2014Q4	us-gaap	Interest Expense InterestExpense	821000	USD
CY2014Q4	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	3991000	USD
CY2014Q4	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	420000	USD
CY2014Q4	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	3571000	USD
CY2013Q4	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.02
CY2014Q4	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	4459000	USD
CY2014Q4	us-gaap	Interest Income Securities Taxable InterestIncomeSecuritiesTaxable	330000	USD
CY2014Q4	us-gaap	Interest Income Securities Tax Exempt InterestIncomeSecuritiesTaxExempt		USD
CY2014Q4	mgyr	Federal Home Loan Bank Of New York Stock FederalHomeLoanBankOfNewYorkStock	23000	USD
CY2014Q4	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	4812000	USD
CY2014Q4	us-gaap	Share Based Compensation ShareBasedCompensation	4000	USD
CY2013Q4	us-gaap	General Insurance Expense GeneralInsuranceExpense	57000	USD
CY2013Q4	us-gaap	Other Noninterest Expense OtherNoninterestExpense	265000	USD
CY2013Q4	us-gaap	Other Expenses OtherExpenses	3885000	USD
CY2013Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	174000	USD
CY2013Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	41000	USD
CY2013Q4	us-gaap	Profit Loss ProfitLoss	133000	USD
CY2013Q4	us-gaap	Occupancy Net OccupancyNet	718000	USD
CY2013Q4	us-gaap	Professional Fees ProfessionalFees	267000	USD
CY2013Q4	us-gaap	Information Technology And Data Processing InformationTechnologyAndDataProcessing	143000	USD
CY2013Q4	us-gaap	Loan Portfolio Expense LoanPortfolioExpense	186000	USD
CY2013Q4	us-gaap	Federal Deposit Insurance Corporation Premium Expense FederalDepositInsuranceCorporationPremiumExpense	181000	USD
CY2013Q4	mgyr	Service Fees ServiceFees	135000	USD
CY2013Q4	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	83000	USD
CY2013Q4	us-gaap	Other Operating Income OtherOperatingIncome	14000	USD
CY2013Q4	us-gaap	Gain Loss On Sale Of Loans And Leases GainLossOnSaleOfLoansAndLeases	30000	USD
CY2013Q4	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	36000	USD
CY2013Q4	us-gaap	Other Income OtherIncome	370000	USD
CY2013Q4	us-gaap	Labor And Related Expense LaborAndRelatedExpense	1933000	USD
CY2013Q4	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	281000	USD
CY2013Q4	us-gaap	Interest Expense InterestExpense	925000	USD
CY2013Q4	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	4048000	USD
CY2013Q4	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	359000	USD
CY2013Q4	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	3689000	USD
CY2013Q4	us-gaap	Revenue Other Financial Services RevenueOtherFinancialServices	207000	USD
CY2014Q4	us-gaap	Depreciation Depreciation	224000	USD
CY2013Q4	us-gaap	Depreciation Depreciation	234000	USD
CY2014Q4	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	-60000	USD
CY2013Q4	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	-76000	USD
CY2014Q4	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	14000	USD
CY2014Q4	us-gaap	Fair Value Of Assets Acquired FairValueOfAssetsAcquired	1308000	USD
CY2014Q4	us-gaap	Repayments Of Mandatory Redeemable Capital Securities RepaymentsOfMandatoryRedeemableCapitalSecurities	5000000	USD
CY2014Q4	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-5354000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-2394000	USD
CY2014Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	10258000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	7864000	USD
CY2014Q4	us-gaap	Interest Paid Net InterestPaidNet	823000	USD
CY2014Q4	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-477000	USD
CY2014Q4	us-gaap	Increase Decrease In Deposits IncreaseDecreaseInDeposits	-2609000	USD
CY2014Q4	mgyr	Net Decrease Increase In Escrowed Funds NetDecreaseIncreaseInEscrowedFunds	4000	USD
CY2014Q4	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	5701000	USD
CY2014Q4	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	3500000	USD
CY2014Q4	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	50000	USD
CY2014Q4	us-gaap	Proceeds From Sale And Maturity Of Held To Maturity Securities ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities	1426000	USD
CY2014Q4	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	225000	USD
CY2014Q4	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	61000	USD
CY2014Q4	us-gaap	Payments To Acquire Other Real Estate PaymentsToAcquireOtherRealEstate	232000	USD
CY2014Q4	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	3824000	USD
CY2014Q4	us-gaap	Payments To Acquire Federal Reserve Stock PaymentsToAcquireFederalReserveStock	102000	USD
CY2013Q4	us-gaap	Fair Value Of Assets Acquired FairValueOfAssetsAcquired	525000	USD
CY2014Q4	mgyr	Net Increase Decrease In Loans Receivable NetIncreaseDecreaseInLoansReceivable	-7798000	USD
CY2014Q4	us-gaap	Payments To Acquire Loans Receivable PaymentsToAcquireLoansReceivable	674000	USD
CY2014Q4	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities		USD
CY2014Q4	us-gaap	Proceeds From Sale Of Held To Maturity Securities ProceedsFromSaleOfHeldToMaturitySecurities		USD
CY2014Q4	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	2915000	USD
CY2013Q4	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	199000	USD
CY2013Q4	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	889000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-9088000	USD
CY2013Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	17792000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	8704000	USD
CY2013Q4	us-gaap	Interest Paid Net InterestPaidNet	925000	USD
CY2013Q4	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	9000	USD
CY2013Q4	us-gaap	Increase Decrease In Deposits IncreaseDecreaseInDeposits	-12664000	USD
CY2013Q4	mgyr	Net Decrease Increase In Escrowed Funds NetDecreaseIncreaseInEscrowedFunds	-47000	USD
CY2013Q4	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	2000000	USD
CY2013Q4	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	4000000	USD
CY2013Q4	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	15600000	USD
CY2013Q4	us-gaap	Repayments Of Mandatory Redeemable Capital Securities RepaymentsOfMandatoryRedeemableCapitalSecurities		USD
CY2013Q4	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	453000	USD
CY2013Q4	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	9000	USD
CY2013Q4	us-gaap	Payments To Acquire Other Real Estate PaymentsToAcquireOtherRealEstate		USD
CY2013Q4	us-gaap	Payments To Acquire Federal Reserve Stock PaymentsToAcquireFederalReserveStock	612000	USD
CY2013Q4	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-8985000	USD
CY2013Q4	mgyr	Net Increase Decrease In Loans Receivable NetIncreaseDecreaseInLoansReceivable	-3867000	USD
CY2013Q4	us-gaap	Payments To Acquire Loans Receivable PaymentsToAcquireLoansReceivable	5514000	USD
CY2013Q4	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	4419000	USD
CY2013Q4	us-gaap	Proceeds From Sale Of Held To Maturity Securities ProceedsFromSaleOfHeldToMaturitySecurities	3036000	USD
CY2013Q4	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities		USD
CY2013Q4	us-gaap	Proceeds From Sale And Maturity Of Held To Maturity Securities ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities	1748000	USD
CY2014Q4	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	-3000	USD
CY2013Q4	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	-1000	USD
CY2014Q4	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	-780000	USD
CY2013Q4	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	-2151000	USD
CY2014Q4	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	3437000	USD
CY2013Q4	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-992000	USD
CY2014Q4	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	-73000	USD
CY2013Q4	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	-1000	USD
CY2014Q4	mgyr	Increase In Surrender Value Bank Owned Life Insurance IncreaseInSurrenderValueBankOwnedLifeInsurance	78000	USD
CY2013Q4	mgyr	Increase In Surrender Value Bank Owned Life Insurance IncreaseInSurrenderValueBankOwnedLifeInsurance	83000	USD
CY2014Q4	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-64000	USD
CY2013Q4	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-233000	USD
CY2014Q4	us-gaap	Employee Stock Ownership Plan Esop Compensation Expense EmployeeStockOwnershipPlanESOPCompensationExpense	27000	USD
CY2013Q4	us-gaap	Employee Stock Ownership Plan Esop Compensation Expense EmployeeStockOwnershipPlanESOPCompensationExpense	23000	USD
CY2013Q4	us-gaap	Share Based Compensation ShareBasedCompensation	5000	USD
CY2014Q4	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	134000	USD
CY2013Q4	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit		USD
CY2014Q4	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	233000	USD
CY2013Q4	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	30000	USD
CY2014Q4	us-gaap	Gain On Sale Of Investments GainOnSaleOfInvestments	30000	USD
CY2013Q4	us-gaap	Gain On Sale Of Investments GainOnSaleOfInvestments	36000	USD
CY2014Q4	mgyr	Losses Gains On Sales Of Other Real Estate Owned LossesGainsOnSalesOfOtherRealEstateOwned	51000	USD
CY2013Q4	mgyr	Losses Gains On Sales Of Other Real Estate Owned LossesGainsOnSalesOfOtherRealEstateOwned		USD
CY2014Q4	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	420000	USD
CY2013Q4	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	359000	USD
CY2014Q4	mgyr	Provision For Loss On Other Real Estate Owned ProvisionForLossOnOtherRealEstateOwned	25000	USD
CY2013Q4	mgyr	Provision For Loss On Other Real Estate Owned ProvisionForLossOnOtherRealEstateOwned	26000	USD
CY2014Q4	mgyr	Proceeds From Sales Of Loans ProceedsFromSalesOfLoans	3399000	USD
CY2013Q4	mgyr	Proceeds From Sales Of Loans ProceedsFromSalesOfLoans	219000	USD
CY2014Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	18417000	USD
CY2014Q4	us-gaap	Other Real Estate OtherRealEstate	15084000	USD
CY2014Q4	us-gaap	Other Assets OtherAssets	4711000	USD
CY2014Q4	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.34	pure
CY2014Q4	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	87000	USD
CY2013Q4	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	59000	USD
CY2014Q4	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	11000	USD
CY2013Q4	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	11000	USD
CY2014Q4	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	-24000	USD
CY2013Q4	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	-29000	USD
CY2014Q4	mgyr	Financial Instruments Contract Amounts FinancialInstrumentsContractAmounts	52634000	USD
CY2014Q3	mgyr	Financial Instruments Contract Amounts FinancialInstrumentsContractAmounts	54928000	USD
CY2013Q4	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	133000	USD
CY2013Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	5815	shares
CY2013Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.02
CY2013Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	188276	shares
CY2013Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	14.61
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	14.61
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	188276	shares
CY2014Q4	dei	Entity Registrant Name EntityRegistrantName	Magyar Bancorp, Inc.
CY2014Q4	dei	Entity Central Index Key EntityCentralIndexKey	0001337068
CY2015Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	5815444	shares
CY2014Q4	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
CY2014Q4	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2014Q4	dei	Document Type DocumentType	10-Q
CY2014Q4	us-gaap	Bank Owned Life Insurance BankOwnedLifeInsurance	10736000	USD
CY2014Q4	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	1599000	USD
CY2014Q4	us-gaap	Assets Assets	524545000	USD
CY2014Q4	us-gaap	Deposits Deposits	445842000	USD
CY2014Q4	us-gaap	Other Liabilities OtherLiabilities	1161000	USD
CY2014Q4	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	182000	USD
CY2014Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	5817	shares
CY2014Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.03
CY2013Q4	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	133000	USD
CY2013Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	5813	shares
CY2013Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.02
CY2014Q4	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	1	shares
CY2013Q4	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	2	shares
CY2014Q4	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	182000	USD
CY2014Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	5818	shares
CY2014Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.03
CY2014Q4	us-gaap	Demand Deposit Accounts DemandDepositAccounts	83547000	USD
CY2014Q3	us-gaap	Demand Deposit Accounts DemandDepositAccounts	84306000	USD
CY2014Q4	us-gaap	Deposits Savings Deposits DepositsSavingsDeposits	76668000	USD
CY2014Q3	us-gaap	Deposits Savings Deposits DepositsSavingsDeposits	65123000	USD
CY2014Q4	us-gaap	Deposits Negotiable Order Of Withdrawal Now DepositsNegotiableOrderOfWithdrawalNOW	46418000	USD
CY2014Q3	us-gaap	Deposits Negotiable Order Of Withdrawal Now DepositsNegotiableOrderOfWithdrawalNOW	47029000	USD
CY2014Q4	us-gaap	Deposits Money Market Deposits DepositsMoneyMarketDeposits	102129000	USD
CY2014Q3	us-gaap	Deposits Money Market Deposits DepositsMoneyMarketDeposits	102118000	USD
CY2014Q4	mgyr	Certificates Of Deposit CertificatesOfDeposit	115115000	USD
CY2014Q3	mgyr	Certificates Of Deposit CertificatesOfDeposit	126661000	USD
CY2014Q4	mgyr	Retirement Deposits RetirementDeposits	21965000	USD
CY2014Q3	mgyr	Retirement Deposits RetirementDeposits	23214000	USD
CY2014Q3	us-gaap	Deposits Deposits	448451000	USD
CY2014Q4	dei	Amendment Flag AmendmentFlag	false
CY2014Q4	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--09-30
CY2014Q4	dei	Document Period End Date DocumentPeriodEndDate	2014-12-31
CY2014Q4	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2014Q4	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2014Q4	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2014Q4	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2014Q4	us-gaap	Cash Cash	1416000	USD
CY2014Q3	us-gaap	Cash Cash	1205000	USD
CY2014Q4	us-gaap	Interest Bearing Deposits In Banks InterestBearingDepositsInBanks	6448000	USD
CY2014Q4	us-gaap	Available For Sale Securities AvailableForSaleSecurities	9003000	USD
CY2014Q4	us-gaap	Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment	47495000	USD
CY2014Q4	us-gaap	Federal Home Loan Bank Stock FederalHomeLoanBankStock	1863000	USD
CY2014Q4	us-gaap	Loans And Leases Receivable Net Reported Amount LoansAndLeasesReceivableNetReportedAmount	407773000	USD
CY2014Q4	us-gaap	Advances From Federal Home Loan Banks AdvancesFromFederalHomeLoanBanks	27751000	USD
CY2014Q4	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase		USD
CY2014Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	116000	USD
CY2014Q4	us-gaap	Accounts Payable And Other Accrued Liabilities AccountsPayableAndOtherAccruedLiabilities	3491000	USD
CY2014Q4	us-gaap	Liabilities Liabilities	478361000	USD
CY2014Q4	us-gaap	Preferred Stock Value PreferredStockValue		USD
CY2014Q4	us-gaap	Common Stock Value CommonStockValue	59000	USD
CY2014Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	26296000	USD
CY2014Q4	us-gaap	Treasury Stock Value TreasuryStockValue	1211000	USD
CY2014Q4	us-gaap	Unearned Esop Shares UnearnedESOPShares	847000	USD
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	22564000	USD
CY2014Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-677000	USD
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	46184000	USD
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	524545000	USD
CY2014Q3	us-gaap	Interest Bearing Deposits In Banks InterestBearingDepositsInBanks	9053000	USD
CY2014Q3	us-gaap	Available For Sale Securities AvailableForSaleSecurities	12070000	USD
CY2014Q3	us-gaap	Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment	48963000	USD
CY2014Q3	us-gaap	Federal Home Loan Bank Stock FederalHomeLoanBankStock	1761000	USD
CY2014Q3	us-gaap	Loans And Leases Receivable Net Reported Amount LoansAndLeasesReceivableNetReportedAmount	404195000	USD
CY2014Q3	us-gaap	Bank Owned Life Insurance BankOwnedLifeInsurance	10658000	USD
CY2014Q3	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	1672000	USD
CY2014Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	18580000	USD
CY2014Q3	us-gaap	Other Real Estate OtherRealEstate	17342000	USD
CY2014Q3	us-gaap	Other Assets OtherAssets	4931000	USD
CY2014Q3	us-gaap	Assets Assets	530430000	USD
CY2014Q3	us-gaap	Other Liabilities OtherLiabilities	1157000	USD
CY2014Q3	us-gaap	Advances From Federal Home Loan Banks AdvancesFromFederalHomeLoanBanks	25500000	USD
CY2014Q3	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	5000000	USD
CY2014Q3	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	119000	USD
CY2013Q4	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax		USD
CY2014Q4	us-gaap	Other Comprehensive Income Loss Before Tax OtherComprehensiveIncomeLossBeforeTax	61000	USD
CY2013Q4	us-gaap	Other Comprehensive Income Loss Before Tax OtherComprehensiveIncomeLossBeforeTax	-81000	USD
CY2014Q4	us-gaap	Other Comprehensive Income Loss Tax Portion Attributable To Parent1 OtherComprehensiveIncomeLossTaxPortionAttributableToParent1	22000	USD
CY2013Q4	us-gaap	Other Comprehensive Income Loss Tax Portion Attributable To Parent1 OtherComprehensiveIncomeLossTaxPortionAttributableToParent1	-30000	USD
CY2014Q3	us-gaap	Accounts Payable And Other Accrued Liabilities AccountsPayableAndOtherAccruedLiabilities	4271000	USD
CY2014Q3	us-gaap	Liabilities Liabilities	484498000	USD
CY2014Q3	us-gaap	Preferred Stock Value PreferredStockValue		USD
CY2014Q3	us-gaap	Common Stock Value CommonStockValue	59000	USD
CY2014Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	26295000	USD
CY2014Q3	us-gaap	Treasury Stock Value TreasuryStockValue	1211000	USD
CY2014Q3	us-gaap	Unearned Esop Shares UnearnedESOPShares	877000	USD
CY2014Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	22382000	USD
CY2014Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-716000	USD
CY2014Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	45932000	USD
CY2014Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	530430000	USD
CY2014Q4	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	47846000	USD
CY2014Q3	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	48822000	USD
CY2014Q4	us-gaap	Loans And Leases Receivable Allowance LoansAndLeasesReceivableAllowance	2939000	USD
CY2014Q3	us-gaap	Loans And Leases Receivable Allowance LoansAndLeasesReceivableAllowance	2835000	USD
CY2014Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2014Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2014Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	8000000	shares
CY2014Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	5923742	shares
CY2014Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	5815444	shares
CY2014Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	108298	shares
CY2014Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	108298	shares
CY2014Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	5815444	shares
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	5923742	shares
CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	8000000	shares
CY2014Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued		shares
CY2014Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued		shares
CY2014Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2014Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2014Q4	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	91000	USD
CY2013Q4	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	-81000	USD
CY2014Q4	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax	30000	USD
CY2014Q4	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	39000	USD
CY2013Q4	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-51000	USD
CY2014Q4	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	221000	USD
CY2013Q4	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	82000	USD
CY2014Q4	mgyr	Available For Sale And Held To Maturity Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions AvailableForSaleAndHeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions	21
CY2014Q4	mgyr	Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue		USD
CY2014Q4	mgyr	Availableforsale And Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses2 AvailableforsaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses2		USD
CY2014Q4	mgyr	Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	25311000	USD
CY2014Q4	mgyr	Availableforsale And Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses2 AvailableforsaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses2	465000	USD
CY2014Q4	mgyr	Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Fair Value AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue	25311000	USD
CY2014Q4	mgyr	Aggregate Unrealized Losses Total AggregateUnrealizedLossesTotal	-465000	USD
CY2014Q3	mgyr	Available For Sale And Held To Maturity Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions AvailableForSaleAndHeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions	29
CY2014Q3	mgyr	Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	12134000	USD
CY2014Q3	mgyr	Availableforsale And Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses2 AvailableforsaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses2	81000	USD
CY2014Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	4.41
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod		shares
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
CY2014Q3	mgyr	Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	27167000	USD
CY2014Q3	mgyr	Availableforsale And Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses2 AvailableforsaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses2	877000	USD
CY2014Q3	mgyr	Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Fair Value AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue	39301000	USD
CY2014	mgyr	Aggregate Unrealized Losses Total AggregateUnrealizedLossesTotal	-958000	USD
CY2013Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	45320000	USD
CY2013Q4	us-gaap	Stock Issued During Period Value Employee Stock Ownership Plan StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan	23000	USD
CY2013Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	5000	USD
CY2014Q4	us-gaap	Stock Issued During Period Value Employee Stock Ownership Plan StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan	27000	USD
CY2014Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	4000	USD
CY2014Q3	us-gaap	Impaired Financing Receivable With Related Allowance Recorded Investment ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment	2186000	USD
CY2014Q3	us-gaap	Impaired Financing Receivable Related Allowance ImpairedFinancingReceivableRelatedAllowance	385000	USD
CY2014Q3	us-gaap	Impaired Financing Receivable With No Related Allowance Recorded Investment ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment	15032000	USD
CY2014Q3	us-gaap	Impaired Financing Receivable Recorded Investment ImpairedFinancingReceivableRecordedInvestment	17218000	USD
CY2014Q3	us-gaap	Impaired Financing Receivable Unpaid Principal Balance ImpairedFinancingReceivableUnpaidPrincipalBalance	22315000	USD
CY2014Q4	us-gaap	Impaired Financing Receivable Average Recorded Investment ImpairedFinancingReceivableAverageRecordedInvestment	17277000	USD
CY2013Q4	us-gaap	Impaired Financing Receivable Average Recorded Investment ImpairedFinancingReceivableAverageRecordedInvestment	24126000	USD
CY2014Q4	us-gaap	Loans And Leases Receivable Gross Carrying Amount LoansAndLeasesReceivableGrossCarryingAmount	410518000	USD
CY2014Q3	us-gaap	Loans And Leases Receivable Gross Carrying Amount LoansAndLeasesReceivableGrossCarryingAmount	406813000	USD
CY2014Q4	us-gaap	Financing Receivable Recorded Investment Current FinancingReceivableRecordedInvestmentCurrent	398248000	USD
CY2014Q4	us-gaap	Financing Receivable Recorded Investment30 To59 Days Past Due FinancingReceivableRecordedInvestment30To59DaysPastDue	405000	USD
CY2014Q4	us-gaap	Financing Receivable Recorded Investment60 To89 Days Past Due FinancingReceivableRecordedInvestment60To89DaysPastDue	1282000	USD
CY2014Q4	us-gaap	Financing Receivable Recorded Investment Equal To Greater Than90 Days Past Due FinancingReceivableRecordedInvestmentEqualToGreaterThan90DaysPastDue	10583000	USD
CY2014Q4	us-gaap	Financing Receivable Recorded Investment Past Due FinancingReceivableRecordedInvestmentPastDue	12270000	USD
CY2014Q4	us-gaap	Financing Receivable Recorded Investment Nonaccrual Status FinancingReceivableRecordedInvestmentNonaccrualStatus	10583000	USD
CY2014Q3	us-gaap	Financing Receivable Recorded Investment Current FinancingReceivableRecordedInvestmentCurrent	394123000	USD
CY2014Q3	us-gaap	Financing Receivable Recorded Investment30 To59 Days Past Due FinancingReceivableRecordedInvestment30To59DaysPastDue	1675000	USD
CY2014Q3	us-gaap	Financing Receivable Recorded Investment60 To89 Days Past Due FinancingReceivableRecordedInvestment60To89DaysPastDue	1230000	USD
CY2014Q3	us-gaap	Financing Receivable Recorded Investment Equal To Greater Than90 Days Past Due FinancingReceivableRecordedInvestmentEqualToGreaterThan90DaysPastDue	9785000	USD
CY2014Q3	us-gaap	Financing Receivable Recorded Investment Past Due FinancingReceivableRecordedInvestmentPastDue	12690000	USD
CY2014Q3	us-gaap	Financing Receivable Recorded Investment Nonaccrual Status FinancingReceivableRecordedInvestmentNonaccrualStatus	9785000	USD
CY2014Q3	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	2835000	USD
CY2014Q4	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	-353000	USD
CY2014Q4	us-gaap	Financing Receivable Allowance For Credit Losses Recovery FinancingReceivableAllowanceForCreditLossesRecovery	37000	USD
CY2014Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	2939000	USD
CY2013Q3	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	3013000	USD
CY2013Q4	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	-183000	USD
CY2013Q4	us-gaap	Financing Receivable Allowance For Credit Losses Recovery FinancingReceivableAllowanceForCreditLossesRecovery	11000	USD
CY2014Q4	us-gaap	Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1 FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1	402000	USD
CY2014Q4	us-gaap	Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment	2537000	USD
CY2014Q4	us-gaap	Financing Receivable Individually Evaluated For Impairment FinancingReceivableIndividuallyEvaluatedForImpairment	17335000	USD
CY2014Q4	us-gaap	Financing Receivable Collectively Evaluated For Impairment FinancingReceivableCollectivelyEvaluatedForImpairment	393183000	USD
CY2014Q3	us-gaap	Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1 FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1	385000	USD
CY2014Q3	us-gaap	Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment	2450000	USD
CY2014Q3	us-gaap	Financing Receivable Individually Evaluated For Impairment FinancingReceivableIndividuallyEvaluatedForImpairment	17218000	USD
CY2014Q3	us-gaap	Financing Receivable Collectively Evaluated For Impairment FinancingReceivableCollectivelyEvaluatedForImpairment	389595000	USD
CY2014Q4	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	9055000	USD
CY2014Q4	us-gaap	Available For Sale Securities Gross Unrealized Gains AvailableForSaleSecuritiesGrossUnrealizedGains	-33000	USD
CY2014Q4	us-gaap	Available For Sale Securities Gross Unrealized Loss AvailableForSaleSecuritiesGrossUnrealizedLoss	-85000	USD
CY2014Q3	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	12183000	USD
CY2014	us-gaap	Available For Sale Securities Gross Unrealized Gains AvailableForSaleSecuritiesGrossUnrealizedGains	-43000	USD
CY2014	us-gaap	Available For Sale Securities Gross Unrealized Loss AvailableForSaleSecuritiesGrossUnrealizedLoss	-156000	USD
CY2014Q4	us-gaap	Available For Sale Securities Debt Maturities Next Rolling Twelve Months Amortized Cost Basis AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis		USD
CY2014Q4	us-gaap	Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue		USD
CY2014Q4	us-gaap	Available For Sale Securities Debt Maturities Rolling Year Two Through Five Amortized Cost Basis AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis		USD
CY2014Q4	us-gaap	Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue		USD
CY2014Q4	us-gaap	Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Amortized Cost Basis AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis		USD
CY2014Q4	us-gaap	Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Fair Value AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue		USD
CY2014Q4	us-gaap	Available For Sale Securities Debt Maturities Rolling After Year Ten Amortized Cost Basis AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis		USD
CY2014Q4	us-gaap	Available For Sale Securities Debt Maturities Rolling After Year Ten Fair Value AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue		USD
CY2014Q4	mgyr	Schedule Of Impaired Financing Receivable Average Recorded Investment ScheduleOfImpairedFinancingReceivableAverageRecordedInvestment	<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 13.5pt; text-align: justify; text-indent: 0;"><font style="font-size: 10pt;">The following table presents the average recorded investment in impaired loans for the periods indicated. There was <font>no</font> interest income recognized on impaired loans during the periods presented.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 13.5pt; text-align: justify; text-indent: -13.5pt;"><font style="font-size: 10pt;"> </font></p> <div class="CursorPointer"> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family: 'times new roman', times, serif; width: 100%;"> <tr style="vertical-align: bottom; font: 10pt times new roman, times, serif;"> <td style="font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px;" nowrap="nowrap"></td> <td style="font: bold 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px;" nowrap="nowrap"></td> <td style="font: bold 10pt times new roman, times, serif; text-align: center; font-family: 'times new roman'; padding: 0px;" colspan="2" nowrap="nowrap"><font style="font-size: 10pt;"><font>Three</font> Months</font></td> <td style="font: bold 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px;" nowrap="nowrap"></td> </tr> <tr style="vertical-align: bottom; font: 10pt times new roman, times, serif;"> <td style="font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px;" nowrap="nowrap"></td> <td style="font: bold 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px;" nowrap="nowrap"></td> <td style="font: bold 10pt times new roman, times, serif; text-align: center; font-family: 'times new roman'; border-bottom: #000000 1pt solid !important; padding: 0px;" colspan="2" nowrap="nowrap"><font style="font-size: 10pt;">Ended December 31, 2014</font></td> <td style="font: bold 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px;" nowrap="nowrap"></td> </tr> <tr style="vertical-align: bottom; font: 10pt times new roman, times, serif;"> <td style="font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px;" nowrap="nowrap"></td> <td style="font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px;" nowrap="nowrap"></td> <td style="text-align: center; font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px;" colspan="2" nowrap="nowrap"><font style="font-size: 10pt;">(Dollars in thousands)</font></td> <td style="font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px;" nowrap="nowrap"></td> </tr> <tr style="vertical-align: bottom; font: 10pt times new roman, times, serif;"> <td style="font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px; vertical-align: top; text-align: left;" nowrap="nowrap"></td> <td style="font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px; vertical-align: top; text-align: left;" nowrap="nowrap"></td> <td style="font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px; vertical-align: top; text-align: left;" colspan="2" nowrap="nowrap"></td> <td style="font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px; vertical-align: top; text-align: left;" nowrap="nowrap"></td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; font: 10pt times new roman, times, serif;"> <td style="text-align: left; font-style: normal; font-variant: normal; font-weight: normal; font-size: 10pt; line-height: normal; font-family: 'times new roman'; padding: 0px; width: 88%; text-indent: 10px;" nowrap="nowrap"><font style="font-size: 10pt;"><font>One</font>-to <font>four</font>-family residential</font></td> <td style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family: 'times new roman'; padding: 0px; width: 1%;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> <td style="text-align: left; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family: 'times new roman'; padding: 0px 10px 0px 0px; vertical-align: bottom; white-space: nowrap; width: 1%;" nowrap="nowrap"><font style="font-size: 10pt;">$</font></td> <td style="text-align: right; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap; width: 9%;" nowrap="nowrap"><font><font style="font-size: 10pt;">8,401</font></font></td> <td style="text-align: left; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> </tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt times new roman, times, serif;"> <td style="text-align: left; font-style: normal; font-variant: normal; font-weight: normal; font-size: 10pt; line-height: normal; font-family: 'times new roman'; padding: 0px; text-indent: 10px;" nowrap="nowrap"><font style="font-size: 10pt;">Commercial real estate</font></td> <td style="font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> <td style="text-align: left; font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> <td style="text-align: right; font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap;" nowrap="nowrap"><font><font style="font-size: 10pt;">4,980</font></font></td> <td style="text-align: left; font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; font: 10pt times new roman, times, serif;"> <td style="text-align: left; font-style: normal; font-variant: normal; font-weight: normal; font-size: 10pt; line-height: normal; font-family: 'times new roman'; padding: 0px; text-indent: 10px;" nowrap="nowrap"><font style="font-size: 10pt;">Construction</font></td> <td style="font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> <td style="text-align: left; font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> <td style="text-align: right; font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap;" nowrap="nowrap"><font><font style="font-size: 10pt;">2,231</font></font></td> <td style="text-align: left; font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> </tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt times new roman, times, serif;"> <td style="text-align: left; font-style: normal; font-variant: normal; font-weight: normal; font-size: 10pt; line-height: normal; font-family: 'times new roman'; padding: 0px; text-indent: 10px;" nowrap="nowrap"><font style="font-size: 10pt;">Home equity lines of credit</font></td> <td style="font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> <td style="text-align: left; font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> <td style="text-align: right; font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap;" nowrap="nowrap"><font><font style="font-size: 10pt;">479</font></font></td> <td style="text-align: left; font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; font: 10pt times new roman, times, serif;"> <td style="text-align: left; font-style: normal; font-variant: normal; font-weight: normal; font-size: 10pt; line-height: normal; font-family: 'times new roman'; padding: 0px; text-indent: 10px;" nowrap="nowrap"><font style="font-size: 10pt;">Commercial business</font></td> <td style="font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> <td style="font: 10pt times new roman, times, serif; text-align: left; font-family: 'times new roman'; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> <td style="font: 10pt times new roman, times, serif; text-align: right; font-family: 'times new roman'; border-bottom: #000000 1pt solid !important; padding: 0px; vertical-align: bottom; white-space: nowrap;" nowrap="nowrap"><font><font style="font-size: 10pt;">1,187</font></font></td> <td style="text-align: left; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> </tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt times new roman, times, serif;"> <td style="text-align: left; font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px;" nowrap="nowrap"><font style="font-size: 10pt;">Average investment in impaired loans</font></td> <td style="font: 10pt times new roman, times, serif; font-family: 'times new roman'; padding: 0px;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> <td style="font: 10pt times new roman, times, serif; text-align: left; font-family: 'times new roman'; border-bottom: #000000 2.80pt double !important; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;" nowrap="nowrap"><font style="font-size: 10pt;">$</font></td> <td style="font: 10pt times new roman, times, serif; text-align: right; font-family: 'times new roman'; border-bottom: #000000 2.80pt double !important; padding: 0px; vertical-align: bottom; white-space: nowrap;" nowrap="nowrap"><font><font style="font-size: 10pt;">17,277</font></font></td> <td style="text-align: left; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> </tr> </table> </div> <div class="CursorPointer"> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family: 'times new roman', times, serif; width: 100%;"> <tr style="vertical-align: bottom;"> <td style="font-family: 'Times New Roman';" nowrap="nowrap"></td> <td nowrap="nowrap" style="font-family: 'times new roman'; padding: 0px;"><font style="font-size: 10pt;"><strong> </strong></font></td> <td colspan="2" nowrap="nowrap" style="text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 10pt;"><strong><font>Three</font> Months</strong></font></td> <td nowrap="nowrap" style="font-family: 'times new roman'; padding: 0px;"><font style="font-size: 10pt;"><strong> </strong></font></td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: 'Times New Roman';" nowrap="nowrap"></td> <td nowrap="nowrap" style="font-family: 'times new roman'; padding: 0px;"><font style="font-size: 10pt;"><strong> </strong></font></td> <td colspan="2" nowrap="nowrap" style="text-align: center; font-family: 'times new roman'; border-bottom: #000000 1pt solid !important; padding: 0px;"><font style="font-size: 10pt;"><strong>Ended December 31, 2013</strong></font></td> <td nowrap="nowrap" style="font-family: 'times new roman'; padding: 0px;"><font style="font-size: 10pt;"><strong> </strong></font></td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: 'Times New Roman';" nowrap="nowrap"></td> <td style="font-family: 'Times New Roman';" nowrap="nowrap"></td> <td style="text-align: center; font-family: 'times new roman'; padding: 0px;" colspan="2" nowrap="nowrap"><font style="font-size: 10pt;">(Dollars in thousands)</font></td> <td style="font-family: 'Times New Roman';" nowrap="nowrap"></td> </tr> <tr style="vertical-align: bottom;"> <td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" nowrap="nowrap"></td> <td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" nowrap="nowrap"></td> <td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" colspan="2" nowrap="nowrap"></td> <td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" nowrap="nowrap"></td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff;"> <td style="text-align: left; font-family: 'times new roman'; padding: 0px; width: 88%; text-indent: 10px;" nowrap="nowrap"><font style="font-size: 10pt;"><font>One</font>-to <font>four</font>-family residential</font></td> <td style="font-family: 'times new roman'; padding: 0px; width: 1%;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> <td style="text-align: left; font-family: 'times new roman'; padding: 0px 10px 0px 0px; vertical-align: bottom; white-space: nowrap; width: 1%;" nowrap="nowrap"><font style="font-size: 10pt;">$</font></td> <td style="text-align: right; font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap; width: 9%;" nowrap="nowrap"><font><font style="font-size: 10pt;">14,257</font></font></td> <td style="text-align: left; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> </tr> <tr style="vertical-align: bottom; background-color: white;"> <td style="text-align: left; font-family: 'times new roman'; padding: 0px; text-indent: 10px;" nowrap="nowrap"><font style="font-size: 10pt;">Commercial real estate</font></td> <td style="font-family: 'Times New Roman';" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> <td style="text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> <td style="text-align: right; font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap;" nowrap="nowrap"><font><font style="font-size: 10pt;">5,560</font></font></td> <td style="text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff;"> <td style="text-align: left; font-family: 'times new roman'; padding: 0px; text-indent: 10px;" nowrap="nowrap"><font style="font-size: 10pt;">Construction</font></td> <td style="font-family: 'Times New Roman';" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> <td style="text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> <td style="text-align: right; font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap;" nowrap="nowrap"><font><font style="font-size: 10pt;">3,196</font></font></td> <td style="text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> </tr> <tr style="vertical-align: bottom; background-color: white;"> <td style="text-align: left; font-family: 'times new roman'; padding: 0px; text-indent: 10px;" nowrap="nowrap"><font style="font-size: 10pt;">Home equity lines of credit</font></td> <td style="font-family: 'Times New Roman';" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> <td style="text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> <td style="text-align: right; font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap;" nowrap="nowrap"><font><font style="font-size: 10pt;">1,027</font></font></td> <td style="text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff;"> <td style="text-align: left; font-family: 'times new roman'; padding: 0px; text-indent: 10px;" nowrap="nowrap"><font style="font-size: 10pt;">Commercial business</font></td> <td style="font-family: 'times new roman'; padding: 0px;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> <td style="text-align: left; font-family: 'times new roman'; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> <td style="text-align: right; font-family: 'times new roman'; border-bottom: #000000 1pt solid !important; padding: 0px; vertical-align: bottom; white-space: nowrap;" nowrap="nowrap"><font><font style="font-size: 10pt;">88</font></font></td> <td style="text-align: left; font-family: 'times new roman'; padding: 0px; /* border-bottom: #000000 1pt solid !important; / white-space: nowrap; padding-right: 5px; padding-left: 5px;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> </tr> <tr style="vertical-align: bottom; background-color: white;"> <td style="text-align: left; font-family: 'times new roman'; padding: 0px;" nowrap="nowrap"><font style="font-size: 10pt;">Average investment in impaired loans</font></td> <td style="font-family: 'times new roman'; padding: 0px;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> <td style="text-align: left; font-family: 'times new roman'; border-bottom: #000000 2.80pt double !important; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;" nowrap="nowrap"><font style="font-size: 10pt;">$</font></td> <td style="text-align: right; font-family: 'times new roman'; border-bottom: #000000 2.80pt double !important; padding: 0px; vertical-align: bottom; white-space: nowrap;" nowrap="nowrap"><font><font style="font-size: 10pt;">24,126</font></font></td> <td style="text-align: left; font-family: 'times new roman'; padding: 0px; / border-bottom: #000000 2.80pt double !important; */ white-space: nowrap; padding-right: 5px; padding-left: 5px;" nowrap="nowrap"><font style="font-size: 10pt;"> </font></td> </tr> </table> </div> </div>
CY2014Q4	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis		USD
CY2014Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities		USD
CY2014Q4	mgyr	Available For Sale Securities Residential Mortgage Maturities Amortized Cost AvailableForSaleSecuritiesResidentialMortgageMaturitiesAmortizedCost	9055000	USD
CY2014Q4	mgyr	Available For Sale Securities Residential Mortgage Securities AvailableForSaleSecuritiesResidentialMortgageSecurities	9003000	USD
CY2014Q4	mgyr	Available For Sale Securities Commercial Mortgage Maturities Amortized Cost AvailableForSaleSecuritiesCommercialMortgageMaturitiesAmortizedCost		USD
CY2014Q4	mgyr	Available For Sale Securities Commercial Mortgage Securities AvailableForSaleSecuritiesCommercialMortgageSecurities		USD
CY2014Q4	us-gaap	Held To Maturity Securities Unrecognized Holding Gains HeldToMaturitySecuritiesUnrecognizedHoldingGains	-731000	USD
CY2014Q4	us-gaap	Held To Maturity Securities Unrecognized Holding Losses HeldToMaturitySecuritiesUnrecognizedHoldingLosses	-380000	USD
CY2014	us-gaap	Held To Maturity Securities Unrecognized Holding Gains HeldToMaturitySecuritiesUnrecognizedHoldingGains	-661000	USD
CY2014	us-gaap	Held To Maturity Securities Unrecognized Holding Losses HeldToMaturitySecuritiesUnrecognizedHoldingLosses	-802000	USD
CY2014Q4	us-gaap	Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount	1000000	USD
CY2014Q4	us-gaap	Held To Maturity Securities Debt Maturities After Ten Years Fair Value HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue	981000	USD
CY2014Q4	us-gaap	Held To Maturity Securities HeldToMaturitySecurities	3000000	USD
CY2014Q4	mgyr	Total Debt Securities TotalDebtSecurities	2908000	USD
CY2014Q4	mgyr	Held To Maturity Securities Mortgage Residential Maturities Net Carrying Amount HeldToMaturitySecuritiesMortgageResidentialMaturitiesNetCarryingAmount	43343000	USD
CY2014Q4	mgyr	Held To Maturity Securities Mortgage Residential Maturities Fair Value HeldToMaturitySecuritiesMortgageResidentialMaturitiesFairValue	43788000	USD
CY2014Q4	us-gaap	Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount		USD
CY2014Q4	us-gaap	Held To Maturity Securities Debt Maturities Within One Year Fair Value HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue		USD
CY2014Q4	us-gaap	Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount		USD
CY2014Q4	us-gaap	Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue		USD
CY2014Q4	us-gaap	Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount	2000000	USD
CY2014Q4	us-gaap	Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue	1927000	USD
CY2014Q4	mgyr	Held To Maturity Securities Mortgage Commercial Maturities Net Carrying Amount HeldToMaturitySecuritiesMortgageCommercialMaturitiesNetCarryingAmount	1152000	USD
CY2014Q4	mgyr	Held To Maturity Securities Mortgage Commercial Maturities Fair Value HeldToMaturitySecuritiesMortgageCommercialMaturitiesFairValue	1150000	USD
CY2014Q4	us-gaap	Stock Option Plan Expense StockOptionPlanExpense	0	USD
CY2013Q4	us-gaap	Stock Option Plan Expense StockOptionPlanExpense	4000	USD
CY2014Q4	us-gaap	Employee Stock Ownership Plan Esop Shares In Esop EmployeeStockOwnershipPlanESOPSharesInESOP	217863	shares
CY2014Q4	mgyr	Employee Stock Ownership Plan Esop Value In Esop EmployeeStockOwnershipPlanESOPValueInESOP	2300000	USD
CY2014Q4	us-gaap	Employee Stock Ownership Plan Esop Weighted Average Purchase Price Of Shares Purchased EmployeeStockOwnershipPlanESOPWeightedAveragePurchasePriceOfSharesPurchased	10.58
CY2014Q4	mgyr	Interest Rate Of Loan With Respect To Employee Stock Ownership Plan InterestRateOfLoanWithRespectToEmployeeStockOwnershipPlan	0.0325	pure
CY2014Q4	us-gaap	Employee Stock Ownership Plan Esop Number Of Allocated Shares EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares	128437	shares
CY2014Q4	us-gaap	Employee Stock Ownership Plan Esop Number Of Suspense Shares EmployeeStockOwnershipPlanESOPNumberOfSuspenseShares	89426	shares
CY2014Q4	us-gaap	Employee Stock Ownership Plan Esop Deferred Shares Fair Value EmployeeStockOwnershipPlanESOPDeferredSharesFairValue	754755	USD
CY2014Q4	us-gaap	Employee Stock Ownership Plan Esop Debt Structure Direct Loan Description EmployeeStockOwnershipPlanESOPDebtStructureDirectLoanDescription	The ESOP trust purchased 217,863 shares of common stock in the open market using proceeds of a loan from the Company. The total cost of shares purchased by the ESOP trust was $2.3 million, reflecting an average cost per share of $10.58. The Bank will make cash contributions to the ESOP on an annual basis sufficient to enable the ESOP to make the required loan payments to the Company. The loan bears a variable interest rate that adjusts annually every January 1st to the then published Prime Rate (3.25% at January 1, 2015) with principal and interest payable annually in equal installments over thirty years. The loan is secured by shares of the Company?s stock.
CY2014Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	188276	shares
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross		shares
CY2014Q4	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised		shares
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod		shares
CY2014Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	14.61
CY2014Q4	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2014Q4	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
CY2014Q4	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue		USD
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	188276	shares
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	14.61
CY2014Q4	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1		USD
CY2014Q4	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1	P2Y2M12D
CY2014Q4	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1	P2Y2M12D
CY2014Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	5302	shares
CY2013Q4	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax		USD
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod		shares
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod		shares
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	5302	shares
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	4.41
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
CY2014Q4	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	34000	USD
CY2014Q4	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	57000	USD
CY2013Q4	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	-30000	USD
CY2013Q4	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-51000	USD
CY2013Q4	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax		USD
CY2014Q4	us-gaap	Loans And Leases Receivable Deferred Income LoansAndLeasesReceivableDeferredIncome	-194000	USD
CY2014Q3	us-gaap	Loans And Leases Receivable Deferred Income LoansAndLeasesReceivableDeferredIncome	-217000	USD
CY2014Q4	us-gaap	Impaired Financing Receivable With Related Allowance Recorded Investment ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment	1129000	USD
CY2014Q4	us-gaap	Impaired Financing Receivable Related Allowance ImpairedFinancingReceivableRelatedAllowance	402000	USD
CY2014Q4	us-gaap	Impaired Financing Receivable With No Related Allowance Recorded Investment ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment	16206000	USD
CY2014Q4	us-gaap	Impaired Financing Receivable Recorded Investment ImpairedFinancingReceivableRecordedInvestment	17335000	USD
CY2014Q4	us-gaap	Impaired Financing Receivable Unpaid Principal Balance ImpairedFinancingReceivableUnpaidPrincipalBalance	20572000	USD

Files In Submission

Name	View Source	Status
0001174947-15-000221-index-headers.html	Edgar Link	pending
0001174947-15-000221-index.html	Edgar Link	pending
0001174947-15-000221.txt	Edgar Link	pending
0001174947-15-000221-xbrl.zip	Edgar Link	pending
ex31-1.htm	Edgar Link	pending
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ex32-2.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
form10q-12996_mgyr.htm	Edgar Link	pending
mgyr-20141231.xml	Edgar Link	completed
mgyr-20141231.xsd	Edgar Link	pending
mgyr-20141231_cal.xml	Edgar Link	unprocessable
mgyr-20141231_def.xml	Edgar Link	unprocessable
mgyr-20141231_lab.xml	Edgar Link	unprocessable
mgyr-20141231_pre.xml	Edgar Link	unprocessable
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$MGYR
Magyar Bancorp, Inc. Stock $mgyr

2014 Q4 Form 10-Q Financial Statement

#000117494715000221 Filed on February 12, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MGYR Magyar Bancorp, Inc. Stock $mgyr

2014 Q4 Form 10-Q Financial Statement

#000117494715000221 Filed on February 12, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MGYR
Magyar Bancorp, Inc. Stock $mgyr