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Magyar Bancorp Allowance For Loans And Lease Losses

: $-7.13 Mil (As of Dec. 2020)
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Magyar Bancorp's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2020 was $-7.13 Mil.

Magyar Bancorp's quarterly Allowance For Loans And Lease Losses declined from Jun. 2020 ($-6.00 Mil) to Sep. 2020 ($-6.40 Mil) and declined from Sep. 2020 ($-6.40 Mil) to Dec. 2020 ($-7.13 Mil).

Magyar Bancorp's annual Allowance For Loans And Lease Losses declined from Sep. 2018 ($-4.20 Mil) to Sep. 2019 ($-4.89 Mil) and declined from Sep. 2019 ($-4.89 Mil) to Sep. 2020 ($-6.40 Mil).

Magyar Bancorp Allowance For Loans And Lease Losses Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Magyar Bancorp Annual Data
Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Allowance For Loans And Lease Losses Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.06 -3.48 -4.20 -4.89 -6.40

Magyar Bancorp Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Allowance For Loans And Lease Losses Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.10 -5.53 -6.00 -6.40 -7.13

Magyar Bancorp Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Magyar Bancorp Allowance For Loans And Lease Losses Related Terms

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