Magyar Bancorp, Inc. company info

CIK 1337068
IRS Number 000000000
State of incorporation DE
Business address 400 SOMERSET STREET
Mail address 400 SOMERSET STREET

Short summary

Magyar Bancorp, Inc. is a New Jersey company, with head office located at 400 Somerset Street New Brunswick, New Jersey 08901. In 2017 the company owned a total of 616.14 million USD worth of assets. An analysis of the recent trend shows a steady growth of company assets, with a 4.86% growth from the last year and a 17.03% increase in the 7 year period.

Magyar Bancorp, Inc. Income Statement

Name [in Millions USD]200920102011201220132014201520162017Trends
Interest expense 9.317.415.814.353.463.203.533.77
Income Tax Expense (Benefit) -3.740.

Magyar Bancorp, Inc. Balance Sheet

Name [in Millions USD]200920102011201220132014201520162017Trends
Cash and cash equivalents 15.197.7126.8213.778.299.4815.9112.7513.49
Property, Plant and Equipment, Gross 29.0229.6529.3928.0128.0929.0329.33
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 8.448.118.519.4310.2710.9511.76
Total assets 526.48527.82532.46533.04540.76568.17587.57616.14
Total liabilities 482.06483.04487.70487.17494.11520.67538.94565.59
Common Stock, Value, Issued
Retained Earnings (Accumulated Deficit) 21.1121.3121.7122.1922.9323.9825.2727.27
Accumulated Other Comprehensive Income (Loss), Net of Tax -0.42-0.52-1.04-0.56-0.66-1-1.31-1.53

Magyar Bancorp, Inc. Cash Flow

Name [in Millions USD]200920102011201220132014201520162017Trends
Depreciation 1.140.970.940.930.920.850.780.82
Deferred Income Tax Expense (Benefit) -3.470.
Net Cash Provided by (Used in) Operating Activities 7.5516.0012.8310.915.568.513.60
Payments to Acquire Property, Plant, and Equipment 0.661.410.310.
Net Cash Provided by (Used in) Investing Activities 35.25-7.70-0.66-30.82-6.76-36.01-21.76
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -6.76-23.71-41.58
Proceeds from Issuance of Long-term Debt 34.697.1011.096.710.87
Payments for Repurchase of Common Stock 0.05
Net Cash Provided by (Used in) Financing Activities -29.63-14.35-17.1627.66-6.3431.1918.69
Cash and Cash Equivalents, Period Increase (Decrease) 13.17-6.05-4.997.75-7.537.853.700.53