### Magyar Bancorp (MGYR)

5.09 +0.06  +1.19%   NASDAQ May 22, 8:00PM BATS Real time Currency in USD

# Magyar Bancorp Net PP&E:

21.39M for Dec. 31, 2012
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## Magyar Bancorp Historical Net PP&E Data

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Dec. 31, 2012 21.39M
Sept. 30, 2012 21.54M
June 30, 2012 21.67M
March 31, 2012 20.19M
Dec. 31, 2011 20.35M
Sept. 30, 2011 20.57M
June 30, 2011 20.01M
March 31, 2011 19.96M
Dec. 31, 2010 19.94M
Sept. 30, 2010 20.14M
June 30, 2010 20.30M
March 31, 2010 20.16M
Dec. 31, 2009 20.40M
Sept. 30, 2009 20.62M
June 30, 2009 20.90M

March 31, 2009 21.12M
Dec. 31, 2008 21.37M
Sept. 30, 2008 21.61M
June 30, 2008 21.86M
March 31, 2008 Go Pro
Dec. 31, 2007 Go Pro
Sept. 30, 2007 Go Pro
June 30, 2007 Go Pro
March 31, 2007 Go Pro
Dec. 31, 2006 Go Pro
Sept. 30, 2006 Go Pro
June 30, 2006 Go Pro
March 31, 2006 Go Pro
Dec. 31, 2005 Go Pro
Sept. 30, 2005 Go Pro

Net PP&E is short for Net Property Plant and Equipment. Property Plant and Equipment is the value of all buildings, land, furniture, and other physical capital that a business has purchased to run its business. The term "Net" means that it is "Net" of accumulated depreciation expenses.

For example, assume that a company buys a building worth \$1,000,000, along with \$50,000 of furniture. Their Net PP&E at the moment of purchase is \$1,050,000.

Each year, however, the company must depreciate the value of that PP&E to account for the fact that it will wear out an need to be fixed or re-purchased in the future. Assume that in the first year, the company depreciates the building and furniture by \$105,000 (or 10% of the original value). Then, at the end of the year, its Net PP&E is:

\$1,050,000 - \$105,000 = \$945,000

As the company buys more PP&E, the value of its Net PP&E will increase, and as time passes, the value will decrease according to depreciation expenses.

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## MGYR Net PP&E Benchmarks

Companies
Ameris Bancorp 72.34M
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## MGYR Net PP&E Rankings

 Overall 60th percentile 3185 of 8006 Sector 59th percentile 385 of 956 in Financial Services Industry 56th percentile 192 of 445 in Banks - Regional - US

## MGYR Net PP&E Range, Past 5 Years

 Minimum 19.94M Dec 2010 Maximum 21.86M Jun 2008 Average 20.74M