OTHER COMPREHENSIVE INCOME (LOSS)

9 Months Ended

Jun. 30, 2025

Other Comprehensive Income (Loss) [Abstract]

NOTE E – OTHER COMPREHENSIVE INCOME (LOSS)

Comprehensive income (loss) includes net income as well as certain other items which result in a change to equity during the period. The Company recorded no reclassification adjustments during the three and nine months ended June 30, 2025 and 2024. The components of other comprehensive income (loss) and the related income tax effects are as follows:

	Three Months Ended June 30,
	2025							2024
						Net of							Net of
	Before Tax		Tax			Tax		Before Tax			Tax		Tax
	Amount		Expense			Amount		Amount			Benefit		Amount
	(In thousands)
Unrealized holding gain (loss) arising during period on:
Available-for-sale investments	$	115	$	(28	)	$	87	$	(14	)	$	4	$	(10	)
Total unrealized holding gain (loss) arising during period		115		(28	)		87		(14	)		4		(10	)
Other comprehensive income (loss), net	$	115	$	(28	)		87	$	(14	)	$	4		(10	)

(a) All amounts are net of tax. Related income tax expense or benefit calculated using an income tax rate approximating 25% for available-for-sale investments

	Nine Months Ended June 30,
	2025							2024
						Net of							Net of
	Before Tax		Tax			Tax		Before Tax		Tax			Tax
	Amount		Expense			Amount		Amount		Expense			Amount
	(In thousands)
Unrealized holding gain arising during period on:
Available-for-sale investments	$	141	$	(35	)	$	106	$	487	$	(120	)	$	367
Total unrealized holding gain arising during period		141		(35	)		106		487		(120	)		367
Other comprehensive income, net	$	141	$	(35	)		106	$	487	$	(120	)		367

(a) All amounts are net of tax. Related income tax expense or benefit calculated using an income tax rate approximating 25% for available-for-sale investments

Magyar Bancorp, Inc. 10-Q