{"schema_version":"secwatch.filing_event.v1","accession":"0001174947-22-000068","form_type":"8-K","ticker":"MGYR","cik":"0001337068","company_name":"Magyar Bancorp, Inc.","filed_at":"2022-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:04:06.035946+00:00","generated_at":"2026-06-27T15:49:14.401575+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Magyar Bancorp Q1 net income up 27% to $1.7M; EPS $0.25 vs $0.19","bullets":["Net income $1.693M for quarter ended Dec 31, 2021, up from $1.337M YoY; diluted EPS $0.25.","Net interest margin expanded to 3.46% from 3.38%; net interest income rose 6.5% to $6.4M.","Non-performing loans decreased 23.9% to $6.2M; total loans fell 1.9% to $583.4M.","Provision for loan losses dropped to $101k from $640k; allowance coverage of NPLs improved to 132.4%.","Book value per share increased to $13.87 from $13.76; special dividends paid during quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001174947-22-000068","json":"https://secwatch.observer/filing/0001174947-22-000068.json","markdown":"https://secwatch.observer/filing/0001174947-22-000068.md","text":"https://secwatch.observer/filing/0001174947-22-000068.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1337068/000117494722000068/0001174947-22-000068-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1337068/000117494722000068/form8k-27233_mgyr.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T15:49:14.401575+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}