{"schema_version":"secwatch.filing_event.v1","accession":"0001174947-25-000061","form_type":"8-K","ticker":"MGYR","cik":"0001337068","company_name":"Magyar Bancorp, Inc.","filed_at":"2025-01-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.382699+00:00","generated_at":"2026-05-27T13:39:29.748501+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Magyar Bancorp Q1 net income up 26% to $2.1M; assets surpass $1B","bullets":["Net income $2.1M vs $1.7M YoY (+26%); diluted EPS $0.34 vs $0.26.","Net interest income $7.4M (+2.8%); provision for credit losses fell to $101K from $481K.","Total assets $1.0B (+5.9% seq.); deposits grew 6.5% to $848.8M; loans +3.2% to $805.5M.","Declared $0.06/share quarterly dividend, payable Feb 20, 2025 to holders of record Feb 6.","Book value $17.23; repurchased 31,737 shares at avg $13.75 during quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001174947-25-000061","json":"https://secwatch.observer/filing/0001174947-25-000061.json","markdown":"https://secwatch.observer/filing/0001174947-25-000061.md","text":"https://secwatch.observer/filing/0001174947-25-000061.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1337068/000117494725000061/0001174947-25-000061-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1337068/000117494725000061/form8k-33425_mgyr.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T13:39:29.748501+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"}