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Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-In Capital [Member]
Treasury Stock [Member]
Unearned ESOP Shares [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Loss [Member]
Total
Balance at Sep. 30, 2020 $ 59 $ 26,294 $ (1,242) $ (65) $ 33,161 $ (1,357) $ 56,850
Balance, shares at Sep. 30, 2020 5,810,746            
Net income 6,120 6,120
Other comprehensive income (loss)   410 410
Common stock acquired by ESOP   (3,272) (3,272)
ESOP shares allocated 5   102 107
Second-step conversion and stock offering:              
Magyar Bancorp, MHC shares sold in public offering, net of offering costs $ 12 37,414         37,426
Magyar Bancorp, MHC shares sold in public offering, net of offering costs, shares 3,910,000            
Retirement of MHC shares
Retirement of MHC shares, shares (3,200,450)            
Fractional shares and other adjustments resulting from conversion of existing shares at 1.2213 exchange rate shares 577,529            
Balance at Sep. 30, 2021 $ 71 63,713 (1,242) (3,235) 39,281 (947) 97,641
Balance, shares at Sep. 30, 2021 7,097,825            
Net income 7,919 7,919
Dividends paid on common stock         (1,427)   (1,427)
Other comprehensive income (loss) (1,167) (1,167)
Common stock acquired by ESOP       (98)     (98)
ESOP shares allocated 15 164 179
Purchase of treasury stock (4,551) (4,551)
Purchase of treasury stock, shares (352,697)            
Stock-based compensation expense   6         6
Balance at Sep. 30, 2022 $ 71 $ 63,734 $ (5,793) $ (3,169) $ 45,773 $ (2,114) $ 98,502
Balance, shares at Sep. 30, 2022 6,745,128