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REGULATORY CAPITAL (Schedule of Bank’s actual and required capital levels ) (Details) | Sep. 30, 2022 | Sep. 30, 2021
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Magyar Bank [Member] |  |  |
Tier 1 leverage ratio |  |  |
Tier 1 leverage ratio (to average assets) ratio |  | 11.13% | 10.18%
Required amount of Tier 1 Capital for adequacy purposes effective, ratio |  | 4.00% | 4.00%
Minimum Tier 1 Capital required to be well-capitalized, ratio |  | 5.00% | 5.00%
Common Equity Tier 1 Capital (to risk-weighted assets) ratio |  | 15.22% | 15.74%
Required amount of common equity Tier 1 Capital for adequacy purposes effective, ratio | [1] | 7.00% | 7.00%
Minimum common equity Tier 1 Capital required to be well-capitalized, ratio |  | 6.50% | 6.50%
Tier 1 risk-based capital ratio |  |  |
Tier 1 risk-based capital ratio (to risk-weighted assets) ratio |  | 15.22% | 15.74%
Required amount of Tier 1 Capital for adequacy purposes effective, ratio | [1] | 8.50% | 8.50%
Minimum Tier 1 Capital required to be well-capitalized, ratio |  | 8.00% | 8.00%
Total risk-based capital ratio |  |  |
Total risk-based capital ratio (to risk-weighted assets) ratio |  | 16.47% | 16.99%
Required amount of capital for adequacy purposes effective, ratio | [1] | 10.50% | 10.50%
Minimum Capital required to be well-capitalized, ratio |  | 10.00% | 10.00%
Magyar Bancorp, Inc. [Member] |  |  |
Tier 1 leverage ratio |  |  |
Tier 1 leverage ratio (to average assets) ratio |  | 12.57% | 12.43%
Common Equity Tier 1 Capital (to risk-weighted assets) ratio |  | 17.16% | 19.19%
Tier 1 risk-based capital ratio |  |  |
Tier 1 risk-based capital ratio (to risk-weighted assets) ratio |  | 17.16% | 19.19%
Total risk-based capital ratio |  |  |
Total risk-based capital ratio (to risk-weighted assets) ratio |  | 18.41% | 20.44%
[1] | Includes 2.50% capital conservation buffer

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