BlastPoint's Banking Scorecard
Magyar Bank
Designations: ✓ Community bank
New Brunswick, NJ
7 branches across NJ
NEW · Q2 2026 RECAP
Your Quarter, Wrapped
A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.
Q2 2026 at a glance
- 1 of 885 banks in the $1B-$10B peer group nationwide — 1 of 18 in NJ.
- Deposits +4.2% year over year ($860.4M on the books).
- Delinquency rate 0.04%.
- Return on assets 1.25%.
- Efficiency ratio 52.01% vs a 59.73% peer average.
- Loan-to-deposit ratio 102.25% vs a 85.04% peer average.
Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.
Magyar Bank has 3 strengths but faces 2 concerns
Key Strengths
Areas where this bank excels compared to peers
- + Delinquency Rate 0.83% below tier average
- + Nonperforming Asset Ratio 0.64% below tier average
- + Efficiency Ratio 7.71% below tier average
Key Concerns
Areas that may need attention
- - ROA 0.14% below tier average
- - Net Interest Margin 0.09% below tier average
Core Metrics
As of 2026-Q2
| Metric | Current | vs Tier | Tier Avg | State Avg (NJ) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$1.0B
+6.2% YoY
-1.9% QoQ
|
-$1.7B |
$2.8B
-0.6% YoY
|
$4.4B
+7.9% YoY
|
$6.3B
+7.7% YoY
|
Bottom 4.3% in tier |
| Total Loans ? |
$879.8M
+5.2% YoY
+1.2% QoQ
|
-$1.1B |
$2.0B
-0.3% YoY
|
$3.3B
+6.8% YoY
|
$3.2B
+9.4% YoY
|
21% |
| Total Deposits ? |
$860.4M
+4.2% YoY
-2.8% QoQ
|
-$1.5B |
$2.3B
-0.5% YoY
|
$3.6B
+8.2% YoY
|
$4.9B
+7.3% YoY
|
Bottom 4.5% in tier |
| Return on Assets ? |
1.25%
+12.5% YoY
+1.0% QoQ
|
-0.14% |
1.39%
+17.0% YoY
|
0.53%
-11.1% YoY
|
1.30%
+12.1% YoY
|
49% |
| Net Interest Margin ? |
3.78%
+9.2% YoY
+0.6% QoQ
|
-0.09% |
3.87%
+6.2% YoY
|
3.11%
+4.3% YoY
|
3.95%
+4.9% YoY
|
54% |
| Efficiency Ratio ? |
52.01%
-7.9% YoY
-0.9% QoQ
|
-7.71% |
59.73%
-12.6% YoY
|
78.52%
+3.6% YoY
|
70.05%
+2.5% YoY
|
72% |
| Delinquency Rate ? |
0.04%
-62.9% YoY
+20.3% QoQ
|
-0.83% |
0.87%
+11.7% YoY
|
0.69%
-16.2% YoY
|
0.98%
+16.3% YoY
|
Top 7.1% in tier |
| Loan-to-Deposit Ratio ? |
102.25%
+1.0% YoY
+4.1% QoQ
|
+17.22% |
85.04%
-0.1% YoY
|
81.90%
-3.2% YoY
|
79.03%
+2.3% YoY
|
Bottom 10.2% in tier |
| Non-Interest-Bearing Deposit Share ? |
17.17%
+16.3% YoY
+8.8% QoQ
|
-4.11% |
21.27%
-1.5% YoY
|
16.56%
-0.1% YoY
|
21.98%
-0.6% YoY
|
35% |
| Nonperforming Asset Ratio ? |
0.03%
-89.0% YoY
+24.0% QoQ
|
-0.64% |
0.67%
+11.7% YoY
|
0.61%
-0.3% YoY
|
0.69%
+15.8% YoY
|
Top 7.7% in tier |
| Tier 1 Capital Ratio ? |
14.89%
+1.7% YoY
+0.8% QoQ
|
+0.05% |
14.84%
-0.4% YoY
|
19.31%
+2.7% YoY
|
17.09%
+0.8% YoY
|
73% |
| Non-Interest Income / Assets ? |
0.13%
-11.4% YoY
+118.5% QoQ
|
-0.39% |
0.53%
+2.5% YoY
|
0.77%
-2.9% YoY
|
0.66%
+5.2% YoY
|
Bottom 14.6% in tier |
Additional Detail
Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2
Additional Detail
Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2
Deposit Composition
% of total deposits
| Metric | Current | vs Tier | Tier Avg | State Avg (NJ) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Noninterest-Bearing |
17.2%
+2.4pp YoY +1.4pp QoQ |
-4.2pp | 21.4% | 16.6% | 22.2% | 34% |
| Brokered Deposits |
7.1%
+2.1pp YoY 0.0pp QoQ |
-2.4pp | 9.5% | 10.1% | 8.5% | 59% |
Loan Composition
% of total loans & leases
| Metric | Current | vs Tier | Tier Avg | State Avg (NJ) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| C&I |
2.1%
-0.1pp YoY -0.1pp QoQ |
-11.9pp | 14.0% | 6.5% | 12.5% | 6% |
| CRE |
68.3%
+2.9pp YoY +0.3pp QoQ |
+18.3pp | 50.0% | 56.3% | 41.4% | 86% |
| 1-4 Family |
30.2%
-2.7pp YoY -0.2pp QoQ |
+3.8pp | 26.4% | 39.4% | 31.3% | 66% |
| Consumer |
0.2%
0.0pp YoY 0.0pp QoQ |
-4.5pp | 4.7% | 4.3% | 5.0% | 19% |
Capital
| Metric | Current | vs Tier | Tier Avg | State Avg (NJ) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| CET1 Ratio |
14.9%
+0.2pp YoY +0.1pp QoQ |
-0.7pp | 15.6% | 18.8% | 19.7% | 68% |
| Leverage Ratio |
11.3%
+0.3pp YoY +0.1pp QoQ |
0.0pp | 11.3% | 13.4% | 12.6% | 66% |
| Total Capital Ratio |
16.0%
+0.3pp YoY +0.1pp QoQ |
-0.7pp | 16.7% | 19.8% | 20.8% | 68% |
Efficiency & Staffing
| Metric | Current | vs Tier | Tier Avg | State Avg (NJ) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Full-Time Employees |
99
+3 (+3.1%) YoY +5 (+5.3%) QoQ |
-215 | 313 | 336 | 482 | 7% |
| Assets per Employee ($) |
$10.6M
+2.9% YoY -6.8% QoQ |
+$100K | $10.5M | $11.2M | $8.8M | 70% |
| Branch Count |
7
0 YoY 0 QoQ |
-13 | 20 | 20 | 18 | 17% |
Asset Quality
| Metric | Current | vs Tier | Tier Avg | State Avg (NJ) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Past Due 90+ Days |
0.0%
0.0pp YoY |
-0.1pp | 0.2% | 0.1% | 0.4% | 28% |
| Nonaccrual |
0.0%
0.0pp YoY 0.0pp QoQ |
-0.8pp | 0.8% | 0.8% | 1.0% | 4% |
| Allowance Coverage |
23.64x
+169.9% YoY -18.9% QoQ |
+4.93x | 18.71x | 6.57x | 20.23x | 94% |
| Net Charge-off Rate (YTD) |
0.1%
+0.1pp YoY +0.1pp QoQ |
-0.2pp | 0.3% | 0.2% | 0.2% | 59% |
Profitability
| Metric | Current | vs Tier | Tier Avg | State Avg (NJ) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| ROE |
10.9%
+0.8pp YoY 0.0pp QoQ |
-1.6pp | 12.6% | 6.4% | 11.6% | 41% |
| Cost of Funds (YTD) |
2.3%
-0.1pp YoY 0.0pp QoQ |
+0.4pp | 1.9% | 1.9% | 1.7% | 78% |
| Net Income ($, YTD) |
$6.6M
+17.8% YoY — QoQ |
-$12.7M | $19.2M | $19.8M | $40.4M | 20% |
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Signature Analysis
Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.
Strengths (0)
Concerns (0)
Metric Rankings
See how this bank ranks across all tracked metrics compared to peers.