INVESTMENT SECURITIES (Tables)

3 Months Ended

Dec. 31, 2025

Schedule of Amortized Cost and Fair Values of Securities Held to Maturity

The following table summarizes the amortized cost and fair values of securities classified as available-for-sale and held-to-maturity at December 31, 2025:

	December 31, 2025
			Gross		Gross			Allowance for
	Amortized		Unrealized		Unrealized			Credit		Fair
	Cost		Gains		Losses			Losses		Value
	(In thousands)
Securities available-for-sale:
Obligations of U.S. government agencies:
Mortgage backed securities - residential	$	6,328	$	—	$	(15	)	$	—	$	6,313
Obligations of U.S. government-sponsored enterprises:
Mortgage-backed securities-residential		14,727		75		(963	)		—		13,839
Corporate securities		6,500		300		—			—		6,800
Total securities available-for-sale	$	27,555	$	375	$	(978	)	$	—	$	26,952
Securities held-to-maturity:
Obligations of U.S. government agencies:
Mortgage-backed securities - residential	$	6,372	$	—	$	(567	)	$	—	$	5,805
Mortgage-backed securities - commercial		3,837		26		(11	)		—		3,852
Obligations of U.S. government-sponsored enterprises:
Mortgage backed securities - residential		39,930		16		(4,455	)		—		35,491
Debt securities		9,454		11		(404	)		—		9,061
Private label mortgage-backed securities - residential		170		—		(3	)		—		167
Obligations of state and political subdivisions		3,426		5		(259	)		—		3,172
Corporate securities		3,000		—		(51	)		—		2,949
Total securities held-to-maturity	$	66,189	$	58	$	(5,750	)	$	—	$	60,497
Total investment securities	$	93,744	$	433	$	(6,728	)	$	—	$	87,449

The following table summarizes the amortized cost and fair values of securities classified as available-for-sale and held-to-maturity at September 30, 2025:

	September 30, 2025
			Gross		Gross			Allowance for
	Amortized		Unrealized		Unrealized			Credit		Fair
	Cost		Gains		Losses			Losses		Value
	(In thousands)
Securities available-for-sale:
Obligations of U.S. government agencies:
Mortgage backed securities - residential	$	90	$	—	$	(8	)	$	—	$	82
Obligations of U.S. government-sponsored enterprises:
Mortgage-backed securities-residential		15,325		70		(1,082	)		—		14,313
Corporate securities		6,500		287		—			—		6,787
Total securities available-for-sale	$	21,915	$	357	$	(1,090	)	$	—	$	21,182
Securities held-to-maturity:
Obligations of U.S. government agencies:
Mortgage-backed securities - residential	$	6,558	$	—	$	(629	)	$	—	$	5,929
Mortgage-backed securities - commercial		3,913		19		(17	)		—		3,915
Obligations of U.S. government-sponsored enterprises:
Mortgage backed securities - residential		40,741		4		(4,679	)		—		36,066
Debt securities		9,449		12		(455	)		—		9,006
Private label mortgage-backed securities - residential		174		—		(2	)		—		172
Obligations of state and political subdivisions		3,431		5		(278	)		—		3,158
Corporate securities		3,000		—		(86	)		—		2,914
Total securities held-to-maturity	$	67,266	$	40	$	(6,146	)	$	—	$	61,160
Total investment securities	$	89,181	$	397	$	(7,236	)	$	—	$	82,342

The following tables summarize the amortized cost of held-to-maturity debt securities at December 31, 2025 and September 30, 2025, aggregated by credit quality indicator:

	Credit Rating at Amortized Cost
	AAA/AA/A		BBB/BB/B		Non-rated
December 31, 2025	(In thousands)
Securities held-to-maturity:
Obligations of U.S. government agencies:
Mortgage-backed securities - residential	$	6,372		—		—
Mortgage-backed securities - commercial		3,837		—		—
Obligations of U.S. government-sponsored enterprises:
Mortgage backed securities - residential		39,930		—		—
Debt securities		9,454		—		—
Private label mortgage-backed securities - residential		170		—		—
Obligations of state and political subdivisions		3,426		—		—
Corporate securities		—		3,000		—
Totals	$	63,189	$	3,000	$	—

	Credit Rating at Amortized Cost
	AAA/AA/A		BBB/BB/B		Non-rated
	(In thousands)
September 30, 2025
Securities held-to-maturity:
Obligations of U.S. government agencies:
Mortgage-backed securities - residential	$	6,558	$	—	$	—
Mortgage-backed securities - commercial		3,913		—		—
Obligations of U.S. government-sponsored enterprises:
Mortgage backed securities - residential		40,741		—		—
Debt securities		9,449		—		—
Private label mortgage-backed securities - residential		174		—		—
Obligations of state and political subdivisions		3,431		—		—
Corporate securities		—		3,000		—
Totals	$	64,266	$	3,000	$	—

Schedule of Amortized Cost of Held-to-Maturity Debt Securities

The contractual maturities of debt securities, municipal bonds and certain information regarding mortgage-backed securities available-for-sale at December 31, 2025 are summarized in the following table:

	December 31, 2025
	Amortized		Fair
	Cost		Value
Securities available-for-sale	(In thousands)
Debt securities:
Due within 1 year	$	—	$	—
Due after 1 but within 5 years		—		—
Due after 5 but within 10 years		6,500		6,800
Due after 10 years		—		—
Total debt securities		6,500		6,800

Mortgage-backed securities:
Residential		21,055		20,152
Commercial		—		—
Total mortgage-backed securities		21,055		20,152
Total securities available-for-sale	$	27,555	$	26,952

Schedule of Maturities Debt Securities and Mortgage Backed Securities Held to Maturity

	December 31, 2025
	Amortized		Fair
	Cost		Value
Securities held-to-maturity	(In thousands)
Debt securities:
Due within 1 year	$	1,500	$	1,475
Due after 1 but within 5 years		13,269		12,721
Due after 5 but within 10 years		1,111		986
Due after 10 years		—		—
Total debt securities		15,880		15,182

Mortgage backed securities:
Residential		46,472		41,463
Commercial		3,837		3,852
Total mortgage-backed securities		50,309		45,315
Total securities held-to-maturity	$	66,189	$	60,497

- Definition

Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-9

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-3

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-2

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-2

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-2

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (aa)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-2

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (aaa)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-2

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-2

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-3

Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-3

Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-3

Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-3

+ Details

- Definition

Tabular disclosure of information about investment in debt security measured at amortized cost (held-to-maturity).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5B

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (aaa)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (f)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (f)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5

Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (f)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5

Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (f)(4)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5

Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5A

Reference 13: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5A
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5A

Reference 14: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5A
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5A

Reference 15: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5B
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5B

Reference 16: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5B
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5B

Reference 17: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5B
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5B

Reference 18: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5B
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5B

+ Details

Magyar Bancorp, Inc. 10-Q