Magyar Bancorp, Inc. MGYR Income Statement

Magyar bancorp, inc. (MGYR)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Jun'10
Interest and dividend income
Loans, including fees
6,224	6,397	6,359	6,442	6,226	6,127	6,025	5,736	5,408	5,435	5,247	5,042	5,010	4,998	4,895	4,767	4,517	4,586	4,620	4,476	4,432	4,459	4,532	4,497	4,438	4,539	4,428	4,540	4,474	4,546	4,662	4,670	4,692	4,706	4,804	5,076	5,005	5,148	5,543
Investment securities
Taxable
341	338	334	432	546	488	375	399	416	422	413	378	392	379	374	397	426	392	359	347	331	330	334	341	343	413	427	393	381	379	423	483	521	541	502	509	533	502	584
Tax-exempt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	1	0	1	1	1	2	1	1	1	1
Federal Home Loan Bank of New York stock
34	37	34	32	37	46	37	33	33	31	30	27	32	30	27	22	24	24	21	19	20	23	23	21	28	21	23	25	29	28	25	26	29	24	31	31	40	47	33
Total interest and dividend income
6,599	6,772	6,727	6,906	6,809	6,661	6,437	6,168	5,857	5,888	5,690	5,447	5,434	5,407	5,296	5,186	4,967	5,002	5,000	4,842	4,783	4,812	4,889	4,859	4,809	4,973	4,878	4,958	4,884	4,954	5,110	5,180	5,243	5,272	5,339	5,617	5,579	5,698	6,161
Interest expense
Deposits
1,398	1,446	1,493	1,482	1,508	1,438	1,150	981	871	894	858	748	718	729	710	682	695	701	643	605	596	602	564	598	615	644	706	754	775	816	853	969	1,016	1,102	1,176	1,233	1,278	1,416	1,596
Borrowings
169	196	219	200	180	190	241	185	165	162	162	180	186	192	197	185	171	191	187	174	170	219	255	255	248	281	271	323	349	358	393	475	497	504	517	579	597	610	675
Total interest expense
1,567	1,642	1,712	1,682	1,688	1,628	1,391	1,166	1,036	1,056	1,020	928	904	921	907	867	866	892	830	779	766	821	819	853	863	925	977	1,077	1,124	1,174	1,246	1,444	1,513	1,606	1,693	1,812	1,875	2,026	2,271
Net interest and dividend income
5,032	5,130	5,015	5,224	5,121	5,033	5,046	5,002	4,821	4,832	4,670	4,519	4,530	4,486	4,389	4,319	4,101	4,110	4,170	4,063	4,017	3,991	4,070	4,006	3,946	4,048	3,901	3,881	3,760	3,780	3,864	3,736	3,730	3,666	3,646	3,805	3,704	3,672	3,890
Provision for loan losses
420	210	167	194	106	201	214	276	257	250	295	315	403	330	477	420	291	178	328	346	170	420	305	342	381	359	416	254	1,000	441	428	340	323	370	510	402	478	358	494
Net interest and dividend income after provision for loan losses
4,612	4,920	4,848	5,030	5,015	4,832	4,832	4,726	4,564	4,582	4,375	4,204	4,127	4,156	3,912	3,899	3,810	3,932	3,842	3,717	3,847	3,571	3,765	3,664	3,565	3,689	3,485	3,627	2,760	3,339	3,436	3,396	3,407	3,296	3,136	3,403	3,226	3,314	3,396
Other income
Service charges
196	265	489	285	279	321	349	268	222	258	-	279	316	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service charges
-	-	-	-	-	-	-	-	-	-	-	-	-	272	249	233	233	308	245	297	240	199	195	189	182	207	209	226	215	231	236	259	235	267	350	261	235	341	240
Income on bank owned life insurance
79	82	82	75	73	74	75	73	74	71	79	71	71	72	73	73	76	73	74	77	76	77	77	73	83	83	82	83	83	84	88	87	91	84	-	-	-	-	-
Other operating income
31	31	52	35	30	31	29	34	43	25	39	25	28	34	29	34	37	30	31	35	32	23	55	48	32	14	46	18	29	17	13	12	14	28	-249	113	104	112	126
Gains on sales of loans
0	26	-	-	151	-	130	146	30	187	140	72	25	87	159	223	72	171	126	90	93	233	35	25	73	30	50	9	82	265	207	0	143	116	251	35	10	449	40
Gains on sales of investment securities
68	-	-	27	32	-	0	0	0	107	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains on sales of investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1	10	24	39	0	0	12	30	0	0	0	36	1	57	-1	64	0	138	64	84	59	39	35	0	105
Total other income
374	404	723	422	565	426	583	521	369	648	647	447	440	465	509	573	442	621	476	499	453	562	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Losses on OREO
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-131	-157	-135	60
Total other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	362	335	370	370	387	393	409	661	544	496	547	579	1,188	317	227	767	571
Other expenses
Compensation and employee benefits
2,584	2,589	2,591	2,581	2,517	2,444	2,390	2,496	2,443	2,358	2,320	2,272	2,270	2,222	2,147	2,140	2,132	2,063	2,051	2,030	2,057	2,002	1,920	1,911	1,940	1,933	1,883	1,900	1,842	1,798	1,809	1,784	1,871	1,855	1,850	1,863	1,987	1,870	1,846
Occupancy expenses
743	744	750	749	744	740	750	718	755	718	711	697	708	687	713	679	697	638	697	701	733	703	717	712	732	718	676	708	723	698	728	691	726	729	719	671	709	666	699
Advertising
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43	49	53	36
Professional fees
430	349	274	258	278	291	257	284	255	230	247	251	279	241	237	247	264	236	247	270	260	292	310	221	233	267	164	218	274	225	209	204	332	233	254	201	303	247	285
Data processing expenses
147	154	176	165	154	153	158	143	143	137	128	129	124	132	124	118	123	121	117	109	148	146	148	141	144	143	138	144	154	140	146	150	135	122	-	-	-	-	-
OREO expenses
30	103	62	12	214	46	77	63	168	232	168	169	76	179	27	239	121	383	99	107	130	111	126	77	174	186	154	155	179	141	111	181	260	258	565	87	113	123	75
FDIC deposit insurance premiums
108	108	-5	114	109	108	108	114	95	109	115	125	128	130	151	193	188	188	185	178	178	180	173	181	181	181	181	173	174	174	171	178	181	176	181	248	357	349	366
Loan servicing expenses
86	50	115	65	47	59	91	73	78	80	91	62	68	48	60	46	55	59	54	65	79	78	97	140	118	135	98	96	63	52	74	85	87	96	-36	138	145	145	144
Insurance expense
47	52	52	51	49	53	54	50	43	59	59	58	50	66	65	66	64	58	61	61	56	57	54	58	56	57	54	59	59	56	55	59	62	62	-	-	-	-	-
Other expenses
385	384	377	430	377	400	388	418	375	414	370	390	345	329	326	343	327	305	316	331	460	308	315	293	304	265	308	296	319	302	294	318	332	306	-48	394	391	465	427
Total other expenses
4,560	4,533	4,392	4,425	4,489	4,294	4,273	4,359	4,355	4,337	4,209	4,153	4,048	4,034	3,850	4,071	3,971	4,051	3,827	3,852	4,101	3,877	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,860	3,734	3,882	3,885	3,656	3,749	3,787	3,586	3,597	3,650	3,986	3,837	4,167	3,645	4,054	3,918	3,878
Income before income tax expense
426	791	1,179	1,027	1,091	964	1,142	888	578	893	813	498	519	587	571	401	281	502	491	364	199	256	267	265	53	174	216	271	-618	414	382	242	-32	38	157	75	-601	163	89
Income tax expense
121	238	361	301	324	279	436	289	182	564	325	210	219	240	219	149	103	193	168	119	52	74	77	77	-10	41	86	78	-275	132	87	69	-42	7	195	56	-244	36	-3,446
Net income
305	553	818	726	767	685	706	599	396	329	488	288	300	347	352	252	178	309	323	245	147	182	190	188	63	133	130	193	-343	282	-	-	-	31	-38	19	-357	127	3,535
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	173	10	-	-	-	-	-	-
Net income per share-basic and diluted
0.05	0.10	0.14	0.12	0.13	0.12	0.12	0.10	0.07	0.06	0.08	0.05	0.05	0.06	0.07	0.04	0.03	0.05	0.05	0.04	0.03	0.03	0.04	0.03	0.01	0.02	0.03	0.03	-0.06	0.05	-	0.03	-	0.01	-0.00	0.00	-0.06	0.02	0.61
Weighted average basic and diluted shares outstanding
5,819	5,820	5,820	5,820	5,820	5,820	5,820	5,820	5,820	5,820	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) per share-basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	-	-	-	-	-