Advertisement
Magyar Bank
New Brunswick, NJ · FDIC Certificate #30704 · Chartered 01/0
Total assets
$1.05B
Total deposits
$860.39M
Total equity
$122.57M
Net loans
$879.76M
Branches (offices)
7
Net income (YTD)
$6.57M
Rank: #1,007 of 4,213 U.S. banks by assets · #23 of 49 in New Jersey. Assets changed 6.2% and deposits 4.2% over the year to June 30, 2026.
Advertisement
Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.25% |
| Return on equity | 10.95% |
| Net interest margin (YTD) | 3.78% |
| Equity to assets | 11.70% |
| Tier 1 leverage ratio | 11.29% |
| Uninsured deposits (share of deposits) | 42.3% |
| Noncurrent loans (share of loans) | 0.04% |
| Net charge-offs (share of loans) | 0.07% |
| Loans to deposits | 102.3% |
| Real estate loans (share of loans) | 98.6% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $867.48M | 98.6% | |
| Commercial & industrial | $18.86M | 2.1% | |
| Consumer / individual | $1.83M | 0.2% | |
| Construction & development | $14.16M | 1.6% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $790.62M | $677.18M | $3.92M | $84.41M |
| Jun 2023 | $857.21M | $703.65M | $4.11M | $93.23M |
| Jun 2024 | $943.88M | $796.89M | $4.03M | $102.49M |
| Jun 2025 | $986.85M | $825.53M | $5.57M | $112.62M |
| Jun 2026 | $1.05B | $860.39M | $6.57M | $122.57M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| New Jersey | $860.39M | 7 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $860.39M.
Similar-sized banks
Firstier Bank ($1.05B) · Ubank ($1.05B)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
Advertisement