Magyar Bancorp MGYR Interest Expense Borrowings
Interest Expense Borrowings at other companies
Other financials
Where this comes from
Reported directly by Magyar Bancorp in its filing.
Tagged under the XBRL concept us-gaap:InterestExpenseBorrowings.
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 interest expense borrowings?
- Magyar Bancorp (MGYR) reported interest expense borrowings of $397K in Q1 2026.
- How has Magyar Bancorp's interest expense borrowings changed year-over-year?
- Magyar Bancorp's interest expense borrowings increased by 78.0% year-over-year, from $223K to $397K.
- What is the long-term trend for Magyar Bancorp's interest expense borrowings?
- Over 4 years (2021 to 2025), Magyar Bancorp's interest expense borrowings has grown at a 12.7% compound annual growth rate (CAGR), from $654K to $1.05M.
- What does interest expense borrowings mean?
- Interest costs associated with non-deposit funding sources such as federal funds purchased, repurchase agreements, and long-term debt obligations. It reflects the bank's reliance on wholesale funding markets to supplement retail deposit growth.