Magyar Bancorp MGYR Escrowed Funds
Escrowed Funds at other companies
Other financials
Where this comes from
Reported directly by Magyar Bancorp in its filing.
Tagged under the XBRL concept mgyr:EscrowedFunds.
The official record: Magyar Bancorp’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →
Ask your AI about Magyar Bancorp's escrowed funds.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude
Questions, answered.
- What is Magyar Bancorp's escrowed funds?
- Magyar Bancorp (MGYR) reported escrowed funds of $4.74M in Q1 2026.
- How has Magyar Bancorp's escrowed funds changed year-over-year?
- Magyar Bancorp's escrowed funds increased by 4.2% year-over-year, from $4.55M to $4.74M.
- What is the long-term trend for Magyar Bancorp's escrowed funds?
- Over 2 years (2023 to 2025), Magyar Bancorp's escrowed funds has grown at a 9.8% compound annual growth rate (CAGR), from $3.49M to $4.21M.
- What does escrowed funds mean?
- Funds held by the bank on behalf of borrowers, typically for the payment of property taxes, insurance premiums, or other obligations related to mortgaged properties. These liabilities represent a stable source of low-cost funding for the institution. Monitoring these balances provides insight into the volume of the bank's mortgage servicing activities.