XML 62 R51.htm IDEA: XBRL DOCUMENT
v3.7.0.1

LOANS RECEIVABLE, NET AND RELATED ALLOWANCE FOR LOAN LOSSES (Schedule of Activity in the Allowance for Loan Losses by Loan Category) (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Jun. 30, 2017 | Mar. 31, 2017 | Dec. 31, 2016 | Jun. 30, 2016 | Mar. 31, 2016 | Dec. 31, 2015 | Jun. 30, 2017 | Jun. 30, 2016
Activity in the allowance for loan losses by loan category: |  |  |  |  |  |  |  |
Balance at beginning of period | $ 3,313 | $ 3,170 | $ 3,056 | $ 2,890 | $ 3,100 | $ 2,886 | $ 3,056 | $ 2,886
Charge-offs | (248) | (278) | (255) | (512) | (528) | (45) |  |
Recoveries | 5 | 18 | 39 | 102 | 27 | 81 |  |
Provision | 315 | 403 | 330 | 420 | 291 | 178 | 1,048 | 889
Balance at the end of period | 3,385 | 3,313 | 3,170 | 2,900 | 2,890 | 3,100 | 3,385 | 2,900
One-to four-family residential [Member] |  |  |  |  |  |  |  |
Activity in the allowance for loan losses by loan category: |  |  |  |  |  |  |  |
Balance at beginning of period | 647 | 524 | 542 | 499 | 386 | 395 | 542 | 395
Charge-offs | (39) | (52) | (18) | (88) |  | (45) |  |
Recoveries |  |  | 35 |  |  |  |  |
Provision | (49) | 175 | (35) | (15) | 113 | 36 |  |
Balance at the end of period | 559 | 647 | 524 | 396 | 499 | 386 | 559 | 396
Commercial real estate [Member] |  |  |  |  |  |  |  |
Activity in the allowance for loan losses by loan category: |  |  |  |  |  |  |  |
Balance at beginning of period | 1,108 | 1,152 | 1,075 | 871 | 935 | 931 | 1,075 | 931
Charge-offs |  |  |  |  | (61) |  |  |
Recoveries |  |  |  | 100 |  |  |  |
Provision | 65 | (44) | 77 | (49) | (3) | 4 |  |
Balance at the end of period | 1,173 | 1,108 | 1,152 | 922 | 871 | 935 | 1,173 | 922
Construction [Member] |  |  |  |  |  |  |  |
Activity in the allowance for loan losses by loan category: |  |  |  |  |  |  |  |
Balance at beginning of period | 368 | 368 | 361 | 268 | 382 | 453 | 361 | 453
Charge-offs |  |  |  |  |  |  |  |
Recoveries | 3 | 3 | 3 | 2 | 1 |  |  |
Provision |  | (3) | 4 | 39 | (115) | (71) |  |
Balance at the end of period | 371 | 368 | 368 | 309 | 268 | 382 | 371 | 309
Home equity lines of credit [Member] |  |  |  |  |  |  |  |
Activity in the allowance for loan losses by loan category: |  |  |  |  |  |  |  |
Balance at beginning of period | 67 | 71 | 71 | 71 | 55 | 53 | 71 | 53
Charge-offs |  |  |  |  | (84) |  |  |
Recoveries |  | 14 |  |  |  | 80 |  |
Provision | (11) | (18) |  | (2) | 100 | (78) |  |
Balance at the end of period | 56 | 67 | 71 | 69 | 71 | 55 | 56 | 69
Commercial business [Member] |  |  |  |  |  |  |  |
Activity in the allowance for loan losses by loan category: |  |  |  |  |  |  |  |
Balance at beginning of period | 1,012 | 914 | 976 | 993 | 1,225 | 969 | 976 | 969
Charge-offs | (209) | (226) | (237) | (424) | (383) |  |  |
Recoveries | 2 | 1 | 1 |  | 26 | 1 |  |
Provision | 219 | 323 | 174 | 467 | 125 | 255 |  |
Balance at the end of period | 1,024 | 1,012 | 914 | 1,036 | 993 | 1,225 | 1,024 | 1,036
Other [Member] |  |  |  |  |  |  |  |
Activity in the allowance for loan losses by loan category: |  |  |  |  |  |  |  |
Balance at beginning of period | 13 | 7 | 9 | 8 | 9 | 6 | 9 | 6
Charge-offs |  |  |  |  |  |  |  |
Recoveries |  |  |  |  |  |  |  |
Provision | (7) | 6 | (2) | (1) | (1) | 3 |  |
Balance at the end of period | 6 | 13 | 7 | 7 | 8 | 9 | 6 | 7
Unallocated [Member] |  |  |  |  |  |  |  |
Activity in the allowance for loan losses by loan category: |  |  |  |  |  |  |  |
Balance at beginning of period | 98 | 134 | 22 | 180 | 108 | 79 | 22 | 79
Charge-offs |  |  |  |  |  |  |  |
Recoveries |  |  |  |  |  |  |  |
Provision | 98 | 36 | 112 | (19) | 72 | 29 |  |
Balance at the end of period | $ 196 | $ 98 | $ 134 | $ 161 | $ 180 | $ 108 | $ 196 | $ 161

X
- Definition A valuation allowance for financing receivables that are expected to be uncollectible. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953423-111524 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLosses
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of recovery of financing receivables doubtful of collection that were previously charged off. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(4) -URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953423-111524 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of direct write-downs of financing receivables charged against the allowance. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953423-111524 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of expense related loan transactions, lease transactions, credit loss from transactions other than loan and lease transactions, and other loss based on assessment of uncollectability from the counterparty to reduce the account to their net realizable value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953423-111524 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.11) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585 + Details
Name: | us-gaap_ProvisionForLoanLeaseAndOtherLosses
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=mgyr_Residential1To4FamilyRealEstateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_CommercialRealEstateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_ConstructionLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_HomeEquityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_CommercialLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=mgyr_FinancingReceivableOtherMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_UnallocatedFinancingReceivablesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |