XML 65 R54.htm IDEA: XBRL DOCUMENT
v3.20.2

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, 2020 | Mar. 31, 2020 | Dec. 31, 2019 | Jun. 30, 2019 | Mar. 31, 2019 | Dec. 31, 2018 | Jun. 30, 2020 | Jun. 30, 2019
Activity in the allowance for loan losses by loan category: |  |  |  |  |  |  |  |
Balance at beginning of period | $ 5,525 | $ 5,100 | $ 4,888 | $ 4,600 | $ 4,402 | $ 4,200 | $ 4,888 | $ 4,200
Charge-offs | (65) |  |  | (101) |  |  |  |
Recoveries | 102 | 5 | 2 |  | 92 | 1 |  |
Provision (credit) | 438 | 420 | 210 | 194 | 106 | 201 | 1,069 | 501
Balance at the end of period | 6,000 | 5,525 | 5,100 | 4,693 | 4,600 | 4,402 | 6,000 | 4,693
One-to four-family residential [Member] |  |  |  |  |  |  |  |
Activity in the allowance for loan losses by loan category: |  |  |  |  |  |  |  |
Balance at beginning of period | 939 | 707 | 731 | 710 | 698 | 687 | 731 | 687
Charge-offs |  |  |  |  |  |  |  |
Recoveries | 2 | 5 | 2 |  | 92 |  |  |
Provision (credit) | 128 | 227 | (26) | 3 | (80) | 11 |  |
Balance at the end of period | 1,069 | 939 | 707 | 713 | 710 | 698 | 1,069 | 713
Commercial real estate [Member] |  |  |  |  |  |  |  |
Activity in the allowance for loan losses by loan category: |  |  |  |  |  |  |  |
Balance at beginning of period | 2,376 | 1,919 | 2,066 | 1,685 | 1,590 | 1,540 | 2,066 | 1,540
Charge-offs |  |  |  | (1) |  |  |  |
Recoveries |  |  |  |  |  |  |  |
Provision (credit) | 241 | 457 | (147) | 219 | 95 | 50 |  |
Balance at the end of period | 2,617 | 2,376 | 1,919 | 1,903 | 1,685 | 1,590 | 2,617 | 1,903
Construction [Member] |  |  |  |  |  |  |  |
Activity in the allowance for loan losses by loan category: |  |  |  |  |  |  |  |
Balance at beginning of period | 644 | 574 | 511 | 816 | 674 | 493 | 511 | 493
Charge-offs | (65) |  |  |  |  |  |  |
Recoveries |  |  |  |  |  |  |  |
Provision (credit) | 108 | 70 | 63 | (52) | 142 | 181 |  |
Balance at the end of period | 687 | 644 | 574 | 764 | 816 | 674 | 687 | 764
Home equity lines of credit [Member] |  |  |  |  |  |  |  |
Activity in the allowance for loan losses by loan category: |  |  |  |  |  |  |  |
Balance at beginning of period | 182 | 140 | 138 | 138 | 121 | 109 | 138 | 109
Charge-offs |  |  |  |  |  |  |  |
Recoveries | 0 |  |  |  |  | 1 |  |
Provision (credit) | 0 | 42 | 2 | 1 | 17 | 11 |  |
Balance at the end of period | 182 | 182 | 140 | 139 | 138 | 121 | 182 | 139
Commercial business [Member] |  |  |  |  |  |  |  |
Activity in the allowance for loan losses by loan category: |  |  |  |  |  |  |  |
Balance at beginning of period | 1,208 | 1,495 | 1,184 | 1,104 | 1,182 | 1,151 | 1,184 | 1,151
Charge-offs |  |  |  | (100) |  |  |  |
Recoveries | 100 |  |  |  |  |  |  |
Provision (credit) | (47) | (287) | 311 | 26 | (78) | 31 |  |
Balance at the end of period | 1,261 | 1,208 | 1,495 | 1,030 | 1,104 | 1,182 | 1,261 | 1,030
Other [Member] |  |  |  |  |  |  |  |
Activity in the allowance for loan losses by loan category: |  |  |  |  |  |  |  |
Balance at beginning of period |  | 2 | 8 | 3 | 4 | 25 | 8 | 25
Charge-offs |  |  |  |  |  |  |  |
Recoveries |  |  |  |  |  |  |  |
Provision (credit) | 1 | (2) | (6) | 1 | (1) | (21) |  |
Balance at the end of period | 1 |  | 2 | 4 | 3 | 4 | 1 | 4
Unallocated [Member] |  |  |  |  |  |  |  |
Activity in the allowance for loan losses by loan category: |  |  |  |  |  |  |  |
Balance at beginning of period | 176 | 263 | 250 | 144 | 133 | 195 | 250 | 195
Charge-offs |  |  |  |  |  |  |  |
Recoveries |  |  |  |  |  |  |  |
Provision (credit) | 7 | (87) | 13 | (4) | 11 | (62) |  |
Balance at the end of period | $ 183 | $ 176 | $ 263 | $ 140 | $ 144 | $ 133 | $ 183 | $ 140

X
- Definition Amount of allowance for credit loss on financing receivable. Excludes allowance for financing receivable covered under loss sharing agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953423-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(7)(2)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121599878&loc=SL82895884-210446 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLosses
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of increase in allowance for credit loss on financing receivable from recovery. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 79 -URI http://asc.fasb.org/extlink&oid=121647567&loc=SL82922352-210448 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(4) -URI http://asc.fasb.org/extlink&oid=121611835&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 writeoff of financing receivable, charged against allowance for credit loss. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953423-111524 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 79 -URI http://asc.fasb.org/extlink&oid=121647567&loc=SL82922352-210448 + 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953423-111524 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.11) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121586364&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: |