Magyar Bancorp reported net income of USD 3.1 million for the first quarter ending December 31, 2025, representing a 50.4% increase. The improvement was attributed to higher net interest and dividend income, lower provisions for credit losses, and reduced other expenses, partially offset by lower other income. As of December 31, 2025, non-owner occupied commercial real estate loans to total risk-based capital were estimated at approximately 276%. Management stated that appropriate risk management practices have been implemented, including risk assessments, board-approved underwriting policies, portfolio monitoring, and stress testing under adverse economic conditions. The company noted ongoing attention to loan portfolio performance, particularly in the real estate market in New Jersey, and highlighted the importance of managing risks related to economic conditions, interest rates, and regulatory considerations.

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