Magyar Bank
New Brunswick, NJ — State Savings Bank
Active
Vitals
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Total Assets587.7M 2.8 %
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Total Deposits502.4M 2.5 %
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Total Net Loans461.7M 10.9 %
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Net Income1.3M 9.2 %
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Book Value48.0M 2.5 %
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Book Value x296.1M 2.5 %
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Book Value x3144.1M 2.5 %
Balance Sheet Highlights
| Financial Highlights | Magyar Bank | All Insured Savings Banks in New Jersey |
| Balance Sheet $(000) | ||
| Total Assets | 587,683 | 1,030,673 |
| Total Net Loans | 461,697 | 693,502 |
| Total Deposits | 502,433 | 776,139 |
| Total Equity | 48,031 | 127,082 |
| Profitability | ||
| Net Income | 1,254 | 6,133 |
| Return on Average Assets | .218 | .346 |
| Return on Average Equity | 2.639 | 2.946 |
| Net Interest Margin | 3.29 | 2.689 |
| Efficiency Ratio | 81.855 | 79.014 |
| Noninterest Income/Revenue | 6.613 | 9.624 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 91.892 | 79.002 |
| Securities/Assets | .107 | .199 |
| Total Equity/Total Assets | .082 | .123 |
| Tangible Equity/Tangible Assets | .082 | .117 |
| Capital Adequacy | ||
| Tier 1 Common Capital | 48,268 | 122,005 |
| Tier 1 Capital | 48,268 | 122,005 |
| Tier 2 Capital | 3,170 | 5,602 |
| Total Capital | 51,438 | 127,603 |
| Total Risk Weighted Assets | 418,906 | 666,944 |
| Leverage Ratio | 8.22 | 11.596 |
| Common Equity Tier 1 Capital Ratio | 11.52 | 21.406 |
| Tier 1 Capital Ratio | 11.52 | 21.406 |
| Total Capital Ratio | 12.28 | 22.306 |
Timeline for Magyar Bank
Magbank Investment Company
Magbank Investment Company became a new subsidiary organization for Magyar Bank.
View Profile Aug 15 2006
Magyar Bancorp, Inc.
Magyar Bancorp, Inc. became a new parent organization for Magyar Bank.
View Profile Jan 24 2006
Magyar Service Corporation
Magyar Service Corporation became a new subsidiary organization for Magyar Bank.
View Profile Jan 24 2006
Hungaria Urban Renewal, Llc
Hungaria Urban Renewal, Llc became a new subsidiary organization for Magyar Bank.
View Profile Jan 24 2006
Magyar Bank
Magyar Bank was established 102 years ago and is currently headquartered in New Brunswick, NJ.
Jan 01 1922| Relationships | Role | Relationship Start | Relationship End |
| Magyar Bancorp, Inc. | Parent | 1/24/2006 | |
| Magyar Service Corporation | Subsidary | 6/30/2007 | |
| Hungaria Urban Renewal, Llc | Subsidary | 6/30/2007 | |
| Magbank Investment Company | Subsidary | 6/30/2007 | |
| Magyar Service Corporation | Subsidary | 1/24/2006 | 6/29/2007 |
| Hungaria Urban Renewal, Llc | Subsidary | 1/24/2006 | 6/29/2007 |
| Magbank Investment Company | Subsidary | 8/15/2006 | 6/29/2007 |
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