Call reports 2024
MAGYAR BANK — 2024
What MAGYAR BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 928,098,000 | 943,885,000 | 951,336,000 | 1,007,842,000 |
| Total loans | 741,712,000 | 759,409,000 | 780,162,000 | 805,489,000 |
| Allowance for loan losses | 7,694,000 | 7,743,000 | 7,548,000 | 7,861,000 |
| Securities available for sale | 11,914,000 | 15,583,000 | 15,616,000 | 17,346,000 |
| Securities held to maturity | 83,438,000 | 78,917,000 | 79,816,000 | 80,644,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 782,817,000 | 796,892,000 | 802,525,000 | 854,609,000 |
| Interest-bearing deposits | 609,856,000 | 655,301,000 | 665,073,000 | 717,995,000 |
| Noninterest-bearing deposits | 172,961,000 | 141,591,000 | 137,452,000 | 136,614,000 |
| Equity capital | 100,547,000 | 102,487,000 | 105,674,000 | 107,842,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 12,015,000 | 24,426,000 | 37,254,000 | 50,286,000 |
| Interest expense | 5,027,000 | 10,599,000 | 16,369,000 | 21,857,000 |
| Net interest income | 6,988,000 | 13,827,000 | 20,885,000 | 28,429,000 |
| Noninterest income | 527,000 | 852,000 | 2,762,000 | 3,592,000 |
| Noninterest expense | 4,818,000 | 9,613,000 | 14,578,000 | 19,751,000 |
| Provision for loan losses | -54,000 | -6,000 | -203,000 | 6,000 |
| Pretax income | 2,683,000 | 5,107,000 | 9,460,000 | 12,560,000 |
| Income tax | 556,000 | 1,078,000 | 2,802,000 | 3,622,000 |
| Net income | 2,127,000 | 4,029,000 | 6,658,000 | 8,938,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 101,845,000 | 103,801,000 | 106,431,000 | 108,713,000 |
| Total capital | 110,244,000 | 112,147,000 | 114,428,000 | 116,914,000 |
| Risk-weighted assets | 694,102,000 | 704,575,000 | 721,754,000 | 746,387,000 |