Exhibit 107
Calculation of Filing Fee Tables
Form S-8
(Form Type)
Magyar Bancorp, Inc.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered Securities
Security Type | Security Class Title | Fee Calculation Rule | Amount Registered(1) | Proposed Maximum Aggregate Offering Price Per Share(2) | Maximum Aggregate Offering Price(2) | Fee Rate | Amount of Registration Fee |
Equity | Common stock, $0.01 par value per share | Rules 457(c) and 457(h) | 547,400 | $12.27 | $6,716,598 | 0.0000927 | $623 |
Total Offering Amounts | $623 | ||||||
Total Fee Offsets | $0.00 | ||||||
Net Fee Due | $6,716,598 | $623 |
(1) | Together with an indeterminate number of additional shares that may be necessary to adjust the number of shares reserved for issuance pursuant to the Magyar Bancorp, Inc. 2022 Equity Incentive Plan as a result of a stock split, stock dividend or similar adjustment of the outstanding common stock of Magyar Bancorp, Inc. pursuant to 17 C.F.R. Section 230.416(a). |
(2) | Estimated solely for the purpose of calculating the registration fee pursuant to paragraphs (c) and (h)(1) of Rule 457 under the Securities Act. Based on the average of the high and low prices of the Company’s common stock as reported on the Nasdaq Global Market on August 25, 2022. |