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Income Statement for Magyar Bancorp, Inc (MGYR)

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Income Statement for Magyar Bancorp Inc.  (MGYR) 
$ 7.90      0.06 (+0.77%) Volume: 2.8 k 10:49 AM EDT Oct 7, 2008
Statement: View:
Income in Thousands of Dollars
09/2007 09/2006 09/2005
Total Interest Income 29,228 23,595 15,510
Total Interest Expense (15,548) (10,387) (5,953)
Net Interest Income 13,680 13,208 9,557
Loan Loss Provision (398) (961) (891)
Net Interest Income After Loan Loss Provision 13,282 12,247 8,666
Non-Interest Income 1,454 978 3,651
Non-Interest Expense (13,763) (13,348) (9,806)
Special Income/Charges - - -
Net Income Before Taxes 973 (123) 2,511
Premium Tax (Credit) - - -
Minority Interest - - -
Income Taxes (257) 128 (951)
Net Income from Continuing Operations 716 5 1,560
Net Income from Discontinued Operations - - -
Net Income from Total Operations 716 5 1,560
Extraordinary Income/Loss - - -
Income from Cum. Effect of Acct Change - - -
Income from Tax Loss Carryforward - - -
Other Gains - - -
Total Net Income 716 5 1,560
Results in Dollars (Preferred Dividends in Thousands)
09/2007 09/2006 09/2005
Dividends Paid Per Share 0.00 0.00 0.00
Preferred Dividends - - -
Basic EPS from Continuing Operations 0.12 0.00 0.00
Basic EPS from Discontinued Operations 0.00 0.00 0.00
Basic EPS from Total Operations 0.12 0.00 0.00
Basic EPS from Extraordinary Inc 0.00 0.00 0.00
Basic EPS from Cum. Effect of Acct Chg 0.00 0.00 0.00
Basic EPS from Tax Loss Carryforward 0.00 0.00 0.00
Basic EPS from Other Gains(Loss) 0.00 0.00 0.00
Basic EPS, Total 0.12 0.00 0.00
Basic Normalized Net Income/Share 0.12 N/A N/A
Diluted EPS from Continuing Operations 0.12 0.00 0.00
Diluted EPS from Discontinued Operations 0.00 0.00 0.00
Diluted EPS from Total Operations 0.12 0.00 0.00
Diluted EPS from Extraordinary Inc 0.00 0.00 0.00
Diluted EPS from Cum. Effect of Acct Chg 0.00 0.00 0.00
Diluted EPS from Tax Loss Carryforward 0.00 0.00 0.00
Diluted EPS from Other Gains(Loss) 0.00 0.00 0.00
Diluted EPS, Total 0.12 0.00 0.00
Diluted Normalized Net Income/Share 0.12 N/A N/A

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Date:Sep 3, 2008
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