XML 80 R69.htm IDEA: XBRL DOCUMENT v3.23.3

BORROWINGS (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Borrowings [Line Items]
Federal advances	$ 29,515
Weighted average interest rate	3.27%	2.48%
Advance federal home loan	$ 122,200	$ 83,200
Federal Home Loan Bank of New York [Member]
Borrowings [Line Items]
Federal advances	$ 29,500	$ 15,600

X

- References

No definition available.

+ Details

Name:	mgyr_BorrowingsLineItems
Namespace Prefix:	mgyr_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Amount of borrowings as of the balance sheet date from the Federal Home Loan Bank, which are primarily used to cover shortages in the required reserve balance and liquidity shortages.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 470
-Name Accounting Standards Codification
-Section 45
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480876/942-470-45-1

+ Details

Name:	us-gaap_AdvancesFromFederalHomeLoanBanks
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

Amount of Federal Home Loan Bank (FHLBank) advances to member financial institutions.

+ References

No definition available.

+ Details

Name:	us-gaap_FederalHomeLoanBankAdvances
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

The calculated weighted average interest rate for Federal Home Loan Bank advances outstanding as of the Balance Sheet date.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03.13(3)(a))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1

+ Details

Name:	us-gaap_FederalHomeLoanBankAdvancesActivityForYearAverageInterestRateAtPeriodEnd
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:percentItemType
Balance Type:	na
Period Type:	instant

X

- Details

Name:	srt_FederalHomeLoanBankAdvancesBranchOfFHLBBankAxis=srt_FederalHomeLoanBankOfNewYorkMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: