XML 42 R30.htm IDEA: XBRL DOCUMENT
v3.22.4

STOCK-BASED COMPENSATION AND STOCK REPURCHASE PROGRAM (Tables) | 12 Months Ended
--- | ---
Sep. 30, 2022
Share-Based Payment Arrangement [Abstract] |
Schedule of stock option activity | The following is a summary of the status of the Company’s stock option activity and related information for its option plan for the period ended September 30, 2022 and 2021:
|  | Number of Stock Options |  | Weighted Average Exercise Price |  | Weighted Average Remaining Contractual Life |  | Aggregate Intrinsic Value
Balance at September 30, 2021 |  |  | — |  | $ | — |  |  | — |  | $ | —
Granted |  |  | 293,200 |  |  | 12.58 |  |  | 9.98 |  |  | —
Exercised |  |  | — |  |  | — |  |  | — |  |  | —
Forfeited |  |  | — |  |  | — |  |  | — |  |  | —
Expired |  |  | — |  |  | — |  |  | — |  |  | —
Balance at September 30, 2022 |  |  | 293,200 |  | $ | 12.58 |  |  | 9.98 |  |  | —
Exercisable at September 30, 2022 |  |  | — |  | $ | — |  |  | — |  | $ | —
Schedule of non-vested restricted shares | The following is a summary of the status of the Company’s non-vested restricted shares as of September 30, 2022 and 2021, and changes during those years:
|  | Number of Stock Awards |  | Weighted Average Grant Date Fair Value
Balance at September 30, 2021 |  |  | — |  | $ | —
Granted |  |  | 156,400 |  |  | 12.63
Vested |  |  | — |  |  | —
Forfeited |  |  | — |  |  | —
Balance at September 30, 2022 |  |  | 156,400 |  | $ | 12.63
Schedule of ESOP shares | The following table presents the components of the ESOP shares as of September 30, 2022:
Unreleased shares at September 30, 2020 |  |  | 14,757 |
Shares released for allocation during the year ended September 30, 2021 |  |  | (14,757 | )
Shares purchased by ESOP trustee during the year ended September 30, 2021 |  |  | 304,377 |
Unreleased shares at September 30, 2021 |  |  | 304,377 |
Shares released for allocation during the year ended September 30, 2022 |  |  | (10,427 | )
Shares purchased by ESOP trustee during the year ended September 30, 2022 |  |  | 8,423 |
Unreleased shares at September 30, 2022 |  |  | 302,373 |
Total released shares |  |  | 187,887 |
Total ESOP shares |  |  | 490,260 |

X
- References No definition available. + Details
Name: | mgyr_ScheduleOfEsopShares
Namespace Prefix: | mgyr_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in stock options. + References No definition available. + Details
Name: | us-gaap_ScheduleOfStockOptionsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration