Magyar Bancorp MGYR Real Estate Owned Valuation Allowance Provision1
Real Estate Owned Valuation Allowance Provision1 at other companies
Other financials
Where this comes from
Reported directly by Magyar Bancorp in its filing.
Tagged under the XBRL concept us-gaap:RealEstateOwnedValuationAllowanceProvision1.
The official record: Magyar Bancorp’s 10-K, filed December 19, 2025, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Magyar Bancorp's real estate owned valuation allowance provision1?
- Magyar Bancorp (MGYR) reported real estate owned valuation allowance provision1 of $550K in Q3 2025.
- How has Magyar Bancorp's real estate owned valuation allowance provision1 changed year-over-year?
- Magyar Bancorp's real estate owned valuation allowance provision1 decreased by 40.5% year-over-year, from $925K to $550K.
- What is the long-term trend for Magyar Bancorp's real estate owned valuation allowance provision1?
- Over 3 years (2022 to 2025), Magyar Bancorp's real estate owned valuation allowance provision1 has grown at a 98.6% compound annual growth rate (CAGR), from $281K to $2.2M.
- What does real estate owned valuation allowance provision1 mean?
- This represents the periodic expense recognized to adjust the carrying value of foreclosed real estate assets to their estimated fair value, less costs to sell. It serves as a key indicator of asset quality deterioration within the bank's real estate portfolio.