For the quarter ending 2026-03-31, MGYR had $40,557K increase in cash & cash equivalents over the period. $6,574K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Provision for loss on other real estate owned | 0 | -1 | 58 |
| Depreciation expense | 424 | 227 | 710 |
| Discount on investment securities, net | 32 | 12 | 6 |
| Provision for credit losses | 280 | 230 | 172 |
| Originations of sba loans held for sale | 5,722 | 2,944 | 8,941 |
| Proceeds from the sales of sba loans | 6,249 | 3,230 | 9,790 |
| Gains on sale of sba loans | 527 | 287 | 848 |
| Gains on the sale of premises and equipment | - | - | 0 |
| Loss (gain) on the sales of other real estate owned | -13 | -1 | 287 |
| Esop compensation expense | 107 | 53 | 134 |
| Stock-based compensation expense | 310 | 155 | 466 |
| Deferred income tax expense | 8 | -119 | -229 |
| Decrease (increase) in accrued interest receivable | 80 | 424 | 318 |
| Income on bank owned life insurance | 336 | 172 | 501 |
| Decrease in other assets | - | 331 | -1,393 |
| (increase) decrease in other assets | -719 | - | - |
| Increase (decrease) in accrued interest payable | 214 | 221 | -143 |
| Increase (decrease) in accounts payable and other liabilities | 552 | 494 | -1,142 |
| Net income | 6,166 | 2,525 | 7,235 |
| Net increase in loans receivable | - | - | 63,490 |
| Net cash provided by operating activities | 6,907 | 2,846 | 7,543 |
| Proceeds from maturities of investment securities held-to-maturity | - | 3,000 | 8,500 |
| Principal repayments on investment securities available-for-sale | - | 686 | 1,084 |
| Proceeds from maturities of investment securities held-to-maturity | 0 | - | - |
| Net increase in loans receivable | - | 83,891 | - |
| Redemption of bank owned life insurance | 0 | 1,732 | 3,245 |
| Proceeds from the sale of loans receivable | - | 7,100 | - |
| Net increase in loans receivable | 20,897 | - | 0 |
| Purchases of investment securities held-to-maturity | 3,179 | 1,945 | 2,446 |
| Proceeds from the sale of premises and land | - | - | 0 |
| Purchases of investment securities available-for-sale | 11,287 | 0 | 6,915 |
| Principal repayments on investment securities held-to-maturity | 2,357 | 1,204 | 4,232 |
| Principal repayments on investment securities available-for-sale | 1,497 | - | - |
| Purchases of premises and equipment, net | 333 | 52 | 522 |
| Proceeds from the sale of other real estate owned | -2,131 | 0 | -1,788 |
| Purchase of federal home loan bank stock | 63 | 2,388 | 545 |
| Redemption of federal home loan bank stock | 86 | 1,815 | 68 |
| Net cash used in investing activities | -29,688 | -9,249 | -55,001 |
| Proceeds from long-term advances | 0 | 15,000 | 8,986 |
| Repayments of long-term advances | - | 2,000 | 1,500 |
| Proceeds from exercise of stock options | -24 | - | 24 |
| Dividends paid on common stock | - | 501 | 1,322 |
| Repayments of long-term advances | 0 | - | - |
| Net increase in deposits | 64,131 | -5,655 | 23,288 |
| Net increase in escrowed funds | 528 | -407 | 306 |
| Dividends paid on common stock | 1,130 | - | - |
| Purchase of treasury stock | 191 | -25 | 869 |
| Net cash provided by financing activities | 63,338 | 6,438 | 28,913 |
| Net increase in cash and cash equivalents | 40,557 | 35 | -18,545 |
| Cash and cash equivalents at beginning of period | - | 25,596 | - |
| Cash and cash equivalents at end of period | - | 7,086 | - |
Magyar Bancorp, Inc. (MGYR)
Magyar Bancorp, Inc. (MGYR)