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Magyar Bank

New Brunswick, NJ · Cert 30704 · Peer group: banks $1B-$10B in assets in the New York-Newark-Jersey City, NY-NJ area (n=35-36) · Magyar Bcorp Inc.

SI · FDIC · 7 branches

Q2 2026

$1.0BAssets
$888.2MLoans
$860.4MDeposits
$122.6MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 83% of banks $1B-$10B in assets in the New York-Newark-Jersey City, NY-NJ area (rank 7 of 36).
  • Widest gap: net charge-offs / loans trails 61% of banks $1B-$10B in assets in the New York-Newark-Jersey City, NY-NJ area (rank 23 of 36).
  • Overall: at or above the peer median on 8 of 9 directional measures.

Return on Assets

1.25%

Rank 12 of 36

Net Interest Margin

3.49%

Rank 13 of 36

Efficiency Ratio

52.01%

Rank 8 of 35

Equity / Assets

11.70%

Rank 16 of 36

Non-interest income vs. expense

$2.8M$21.1MINCOMEEXPENSE
Unfavorable gap of $18.3M · efficiency ratio beats 80% of banks $1B-$10B in assets in the New York-Newark-Jersey City, NY-NJ area
Bank 52.01%Peer median 63.1%Q4 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets1.25%0.65%1.00%1.72%Beats 67%12 / 36
Return on Equity10.71%5.35%9.30%13.56%Beats 54%16 / 35
Net Interest Margin3.49%2.66%3.13%3.63%Beats 64%13 / 36
Efficiency Ratio52.01%52.19%63.09%75.14%Beats 80%8 / 35
Asset Quality
Nonperforming Loans / Loans0.04%0.46%0.84%1.59%Beats 83%7 / 36
Net Charge-Offs / Loans0.03%n/a0.03%0.14%Beats 39%23 / 36
Capital
Tier 1 Capital Ratio14.89%13.13%14.78%18.34%Beats 53%17 / 36
Total Risk-Based Capital Ratio15.97%13.73%15.96%19.27%Beats 53%17 / 36
Equity / Assets11.70%9.80%11.58%14.82%Beats 56%16 / 36
Liquidity & Funding
Loans / Deposits103.24%81.12%95.13%103.24%75th pctl9 / 36
Loans / Assets84.79%67.44%76.31%84.79%75th pctl9 / 36
Brokered Deposits / Depositsn/aNot reported for this institution