Magyar Bancorp MGYR Cash and Due from Banks
Cash and Due from Banks at other companies
Other financials
Where this comes from
Reported directly by Magyar Bancorp in its filing.
Tagged under the XBRL concept us-gaap:CashAndDueFromBanks.
The official record: Magyar Bancorp’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Magyar Bancorp's cash and due from banks?
- Magyar Bancorp (MGYR) reported cash and due from banks of $17.06M in Q1 2026.
- How has Magyar Bancorp's cash and due from banks changed year-over-year?
- Magyar Bancorp's cash and due from banks increased by 667.1% year-over-year, from $2.22M to $17.06M.
- What is the long-term trend for Magyar Bancorp's cash and due from banks?
- Over 2 years (2023 to 2025), Magyar Bancorp's cash and due from banks has grown at a -32.9% compound annual growth rate (CAGR), from $3.18M to $1.43M.
- What does cash and due from banks mean?
- Represents cash on hand and demand deposits held at other financial institutions, including the Federal Reserve. This metric serves as a primary indicator of immediate liquidity and the bank's ability to settle obligations. It reflects the portion of assets maintained in highly liquid forms to meet regulatory requirements and operational needs.