# MAGYAR BANK
NEW BRUNSWICK, NJ · FDIC certificate 30704 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $1.05B | |
| Deposits | $860.4M | |
| Loans and leases | $888.2M | |
| Total equity | $122.6M | |
| Loans / deposits | 102.25% (p90 of band) | 87.10% |
| Liquid assets / assets | 11.05% (p8 of band) | |
| Uninsured deposits / deposits | 42.33% (p78 of band) | 30.76% |
| Brokered deposits | 5.83% | |
| Wholesale funding | 10.78% (p67 of band) | |
| FHLB advances / assets | 4.68% | |
| Tier 1 leverage | 11.29% (p66 of band) | 10.50% |
| Unrealized securities loss / equity | -5.41% (p61 of band) | -7.75% |
| AOCI / equity | -0.01% (p73 of band) | |
| ROA (annualized) | 1.25% (p49 of band) | 1.26% |
| Net interest margin | 3.78% (p55 of band) | 3.70% |
| Efficiency ratio | 52.01% (p29 of band) | |
| Noncurrent loans | 0.04% (p8 of band) | 0.51% |
| Net charge-offs (annualized) | 0.06% (p64 of band) | |
| Reserve coverage of noncurrent | 2364.07% | |
| Real estate % of loans | 98% | |
| Construction % of loans | 11.55% (p11 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 4.2% | |
| Employees | 99 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | losing money, expense ratio p90, reserve under noncurrent |  |
| 2011-06 | 3 |  |  |
| 2011-09 | 1 |  | losing money, expense ratio p90 |
| 2011-12 | 1 |  |  |
| 2012-03 | 2 | expense ratio p90 |  |
| 2012-06 | 2 |  |  |
| 2012-09 | 1 |  | expense ratio p90 |
| 2012-12 | 2 | noncurrent p90 |  |
| 2013-03 | 3 | losing money, charge-offs p90 | noncurrent p90 |
| 2013-06 | 4 | capital falling |  |
| 2013-09 | 3 |  | losing money |
| 2013-12 | 1 |  | charge-offs p90, capital falling |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 2 | expense ratio p90 |  |
| 2015-06 | 2 |  |  |
| 2015-09 | 1 |  | expense ratio p90 |
| 2015-12 | 2 | capital falling |  |
| 2016-03 | 4 | expense ratio p90, charge-offs p90 |  |
| 2016-06 | 3 |  | expense ratio p90 |
| 2016-09 | 2 |  | capital falling |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 0 |  | reserve under noncurrent, charge-offs p90 |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 2 | loans exceed deposits, liquid assets <10% |  |
| 2019-09 | 1 | reserve under noncurrent | loans exceed deposits, liquid assets <10% |
| 2019-12 | 1 |  |  |
| 2020-03 | 3 | capital falling, expense ratio p90 |  |
| 2020-06 | 2 |  | expense ratio p90 |
| 2020-09 | 1 |  | capital falling |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 0 |  | reserve under noncurrent |
| 2022-03 | 0 |  |  |
| 2022-06 | 2 | deposits shrinking, assets shrinking |  |
| 2022-09 | 0 |  | deposits shrinking, assets shrinking |
| 2022-12 | 0 |  |  |
| 2023-03 | 0 |  |  |
| 2023-06 | 2 | capital falling, charge-offs p90 |  |
| 2023-09 | 1 |  | charge-offs p90 |
| 2023-12 | 1 |  |  |
| 2024-03 | 0 |  | capital falling |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 2 | loans exceed deposits, liquid assets <10% |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 1 |  | liquid assets <10% |
| 2026-03 | 0 |  | loans exceed deposits |
| 2026-06 | 1 | loans exceed deposits |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-07-23 [MAGYAR BANCORP, INC. ANNOUNCES THIRD QUARTER FINANCIAL RESULTS AND DECLARES DIVIDEND - TradingView](https://news.google.com/rss/articles/CBMi2wFBVV95cUxQVWRuMHUyWXJITk1Qd0JEZGdfNE51Nlppc2w2SFZCREhsWHlPb2xTRUJZMnhoWjNBNWRhTVhnZzZWRkdIRF9VV3hCbmpCZDhPRzl3ZkRuZHRZdUxXamlzMHVlcWRqWVZkRnlpTUttYXM5OGJsTV9wdVNzRmpZRjRxWHRPeU1PVzcydGFQcHdrenF5bEF5TlB5R1pRbTdXOU1jNHh4Q1dZbWwyTTExZU5mQnExZy1PUDVZT0pCaXdTcHBiYjNLVG90TVE1X3ZpUXpmc1JiY2NlUExWeVk?oc=5) · TradingView
- 2026-03-04 [18 N.J. banks acknowledged on Newsweek’s best regional banks list - ROI-NJ](https://news.google.com/rss/articles/CBMiqgFBVV95cUxQWW15TXRoWXpYaTVtb3Q1dFluenVPOXRkWEU1cWIyNWpxWWRyQmthTnhjckVvWUxQN0MxVjI5bXhzLXA1d3BobHNtcjB3UkUwWmZINGxaSFZQSHh3VV84SjdWMzVfWl9JampFQlY3VC1qZWVzUHgyaktkdWVCeGZfM21CRXNiSVl6WnF5cmF6aWdTRXhiZUZRSnozWFRManFPX1hnOE1DRlM2dw?oc=5) · ROI-NJ
- 2021-10-04 [Business briefs: NJBankers welcomes new VP; Magyar Bank's pandemic response - Central New Jersey News](https://news.google.com/rss/articles/CBMizAFBVV95cUxNWElJMy1oN0tQdTRpUmtDTzY4LW9RejM1ck9XcFY0V2xrRkZtb1pheE9yZ1JiVVVxS3g3SU9VZ1F3Ynl1OW9wVTFPdllKdklaNG14Uk02UDZuN3N1YkJ6U0piRFl1X29hOFI1Z25QNUFWa0YxdHA4YzA3Wm5iM3hweDVoYVZiTEtseFkxNlRYVnF0NXBsenVpVFhXMXhfdkJhRDVDMXUzYk1IS0w3SnE0X1k0c1pKUlkzSFVtUW9KWVNPQzl6a25qSzlFMUg?oc=5) · Central New Jersey News
- 2023-08-07 [Whatever happened to the public bank? - NJBIZ](https://news.google.com/rss/articles/CBMiZkFVX3lxTE9ZWFllWWZoUW0wZUVtSHZkOFJJYzYtTFBjUmwxenc1RzBKcWxoNTVWRGgwdm5XUFZkRGExUFBkdk1qMTZxSlpHZXJUaVhwZW5zcEhjQnVBNkxvTUI2ZEV1ckY4TzdjZw?oc=5) · NJBIZ
- 2026-04-27 [Brian Stanley - Higgins and Bonner Echo Lake Funeral Home](https://news.google.com/rss/articles/CBMiZkFVX3lxTE9QaE5WYWllaE1weTFZMmlGcElKanNsUnFDOFRpZU91aWhkc2hWaVl4UnFFaDREcWRnNTRnckpFNS1zTXN2NDhOeV9MUnQ1ZnZWcXI5NlNEdk1meFpCRmVrODVEOUlaZw?oc=5) · Higgins and Bonner Echo Lake Funeral Home
- 2025-04-08 [Best Banks and Credit Unions in New Jersey 2024 - Newsweek Rankings](https://news.google.com/rss/articles/CBMikgFBVV95cUxOVVAzOWJ2YWxhNEgxMjJaYXg0Zzhld0YtaXpkWS0wVUk5STdDRFdWc3FWelRKMDNGamJJVThoSkpoUG5Jb2drb3pFVy1DZFRCaWJjZE1ZbmhMUVhrTlZ4bnNFZ1FtZXpBRnhjelhoQzR3S3FXNTZFQjNEQnY0QnBxb3hhWks2dEdmQkw4b3ZGR1BoZw?oc=5) · Newsweek Rankings
- 2021-02-22 [Magyar Bank (NJ) Review | Review, Fees, Offerings - SmartAsset](https://news.google.com/rss/articles/CBMifEFVX3lxTE1icmpHQlZPSVE0bnRiT0lIalBRTGxHX0xUZ0ZRS0lEUHNJRFh5T0JmOUFRQjRJa0hKTzdRSGdtZTZmZkQzTGd2UklBU1QzbTY5Y0lINmVlT0g0dTNEVFdNWFJLb1FONlAtNzVLTUZydlNESG1URlVyQWxPMGo?oc=5) · SmartAsset
- 2012-03-29 [Magyar Bank to Host Document Shredding Event - Patch](https://news.google.com/rss/articles/CBMijwFBVV95cUxPbzBSbmJkLWt4RXVfV3dqSjBjcUtIeXpPUndwR1d0cHlNMDdOSGF4N1dTWVJWa3BnWjNtN3JLUUk4UE9UM3BUTG5vYWo0RlB3YmFRVDl4UFJET29rNk9IazVBelE3MmhJeXFxT3RWb0ozdzg1M3JEeVp3cExhaDhxbnIxRExvY01uUDBXaFo0UQ?oc=5) · Patch

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=30704 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/48.json (key "30704", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide