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REGULATORY CAPITAL (Tables)

12 Months Ended

Sep. 30, 2017

Regulatory Capital Requirements [Abstract]

Schedule of regulatory capital compliance

The following table sets forth the Company’s and the Bank’s actual and required capital levels under those measures:

														To be well-capitalized
										For capital				under prompt corrective
		Actual								adequacy purposes				action provisions
		Amount				Ratio				Amount		Ratio		Amount		Ratio
		(Dollars in thousands)
As of September 30, 2017
Total Capital (to risk-weighted assets)
Magyar Bancorp, Inc.		$	53,936				12.62%			N/A		N/A		N/A		N/A
Magyar Bank		$	53,726				12.57%			34,201		≥  8.00%		42,751		≥ 10.00%
Tier 1 Capital (to risk-weighted assets)
Magyar Bancorp, Inc.		$	50,461				11.80%			N/A		N/A		N/A		N/A
Magyar Bank		$	50,251				11.75%			25,651		≥  6.00%		34,201		≥   8.00%
Common Equity Tier 1 Capital (to risk-weighted assets)
Magyar Bancorp, Inc.		$	50,461				11.80%			N/A		N/A		N/A		N/A
Magyar Bank		$	50,251				11.75%			19,238		≥  4.50%		27,788		≥   6.50%
Tier 1 Capital (to average assets)
Magyar Bancorp, Inc.		$	50,461				8.45%			N/A		N/A		N/A		N/A
Magyar Bank		$	50,251				8.41%			23,892		≥  4.00%		29,865		≥   5.00%
As of September 30, 2016
Total Capital (to risk-weighted assets)
Magyar Bancorp, Inc.		$	51,940				12.55%			N/A		N/A		N/A		N/A
Magyar Bank		$	50,447				12.19%			33,099		≥  8.00%		41,374		≥ 10.00%
Tier 1 Capital (to risk-weighted assets)
Magyar Bancorp, Inc.		$	48,884				11.82%			N/A		N/A		N/A		N/A
Magyar Bank		$	47,391				11.45%			24,825		≥  6.00%		33,099		≥   8.00%
Common Equity Tier 1 Capital (to risk-weighted assets)
Magyar Bancorp, Inc.		$	48,884				11.82%			N/A		N/A		N/A		N/A
Magyar Bank		$	47,391				11.45%			18,618		≥  4.50%		26,893		≥   6.50%
Tier 1 Capital (to average assets)
Magyar Bancorp, Inc.		$	48,884				8.53%			N/A		N/A		N/A		N/A
Magyar Bank		$	47,391				8.27%			22,914		≥  4.00%		28,642		≥   5.00%

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- References

No definition available.

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- Definition

Tabular disclosure of the capital amounts and ratios as of the balance sheet date, indicating whether the entity or entities are in compliance with regulatory capital requirements, by entity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=84167132&loc=SL5958570-112826

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=84167132&loc=SL5958568-112826

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1H
-Subparagraph (c)(2)
-URI http://asc.fasb.org/extlink&oid=84167132&loc=d3e65071-112826

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1G
-URI http://asc.fasb.org/extlink&oid=84167132&loc=SL5958577-112826

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