XML 39 R29.htm IDEA: XBRL DOCUMENT
v3.22.4

IMPAIRMENT OF INVESTMENT SECURITIES (Tables) | 3 Months Ended
--- | ---
Dec. 31, 2022
Impairment of Investment Securities [Abstract] |
Schedule of investment securities with fair values greater than their amortized cost contain unrealized gains |
|  |  |  |  | Less Than 12 Months |  |  | 12 Months Or Greater |  |  | Total |
|  | Number of |  |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |
|  | Securities |  |  | Value |  |  | Losses |  |  | Value |  |  | Losses |  |  | Value |  |  | Losses |
December 31, 2022 |  |  |  |  | (Dollars in thousands) |
Obligations of U.S. government agencies: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Mortgage-backed securities - residential |  |  | 6 |  |  | $ | 2,306 |  |  | $ | (138 | ) |  | $ | 2,494 |  |  | $ | (589 | ) |  | $ | 4,800 |  |  | $ | (727 | )
Mortgage-backed securities - commercial |  |  | 1 |  |  |  | 613 |  |  |  | (1 | ) |  |  | — |  |  |  | — |  |  |  | 613 |  |  |  | (1 | )
Obligations of U.S. government-sponsored enterprises |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Mortgage-backed securities - residential |  |  | 49 |  |  |  | 15,061 |  |  |  | (2,020 | ) |  |  | 34,658 |  |  |  | (6,885 | ) |  |  | 49,719 |  |  |  | (8,905 | )
Debt securities |  |  | 14 |  |  |  | 9,870 |  |  |  | (457 | ) |  |  | 12,722 |  |  |  | (1,777 | ) |  |  | 22,592 |  |  |  | (2,234 | )
Private label mortgage-backed securities residential |  |  | 1 |  |  |  | 206 |  |  |  | (14 | ) |  |  | — |  |  |  | — |  |  |  | 206 |  |  |  | (14 | )
Obligations of state and political subdivisions |  |  | 6 |  |  |  | 526 |  |  |  | (2 | ) |  |  | 2,213 |  |  |  | (433 | ) |  |  | 2,739 |  |  |  | (435 | )
Corporate securities |  |  | 2 |  |  |  | 2,661 |  |  |  | (339 | ) |  |  | 4,943 |  |  |  | (57 | ) |  |  | 7,604 |  |  |  | (396 | )
Total |  |  | 79 |  |  | $ | 31,243 |  |  | $ | (2,971 | ) |  | $ | 57,030 |  |  | $ | (9,741 | ) |  | $ | 88,273 |  |  | $ | (12,712 | )
September 30, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Obligations of U.S. government agencies: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Mortgage-backed securities - residential |  |  | 6 |  |  | $ | 2,364 |  |  | $ | (140 | ) |  | $ | 2,551 |  |  | $ | (588 | ) |  | $ | 4,915 |  |  | $ | (728 | )
Mortgage-backed securities - commercial |  |  | 1 |  |  |  | 631 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 631 |  |  |  | — |
Obligations of U.S. government-sponsored enterprises |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Mortgage-backed securities - residential |  |  | 49 |  |  |  | 21,180 |  |  |  | (2,795 | ) |  |  | 29,088 |  |  |  | (6,660 | ) |  |  | 50,268 |  |  |  | (9,455 | )
Debt securities |  |  | 14 |  |  |  | 11,664 |  |  |  | (660 | ) |  |  | 10,763 |  |  |  | (1,735 | ) |  |  | 22,427 |  |  |  | (2,395 | )
Private label mortgage-backed securities residential |  |  | 1 |  |  |  | 215 |  |  |  | (10 | ) |  |  | — |  |  |  | — |  |  |  | 215 |  |  |  | (10 | )
Obligations of state and political subdivisions |  |  | 7 |  |  |  | 1,268 |  |  |  | (181 | ) |  |  | 1,577 |  |  |  | (457 | ) |  |  | 2,845 |  |  |  | (638 | )
Corporate securities |  |  | 2 |  |  |  | 2,646 |  |  |  | (353 | ) |  |  | 4,917 |  |  |  | (83 | ) |  |  | 7,563 |  |  |  | (436 | )
Total |  |  | 80 |  |  | $ | 39,968 |  |  | $ | (4,139 | ) |  | $ | 48,896 |  |  | $ | (9,523 | ) |  | $ | 88,864 |  |  | $ | (13,662 | )

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

X
- Definition For all investments in an unrealized loss position, including those for which other-than-temporary impairments have not been recognized in earnings (including investments for which a portion of an other-than-temporary impairment has been recognized in other comprehensive income), a tabular disclosure of the aggregate related fair value of investments with unrealized losses and the aggregate amount of unrealized losses (that is, the amount by which amortized cost basis exceeds fair value). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=126970911&loc=d3e27290-111563 + Details
Name: | us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration