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Malaga Financial Corporation Reports Record Earnings for 7th Consecutive Year; Increases Quarterly Dividend by 20%

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Malaga Financial Corporation Reports Record Earnings for 7th Consecutive Year; Increases Quarterly Dividend by 20% Powered By Docstoc
					
				
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posted:1/19/2013
language:Japanese
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Description: PALOS VERDES ESTATES, Calif.--(BUSINESS WIRE)--Malaga Financial Corporation (OTCBB:MLGF), the parent company of Malaga Bank FSB, today reported that net income for the twelve months ended December 31, 2012 was $11,689,000 ($1.98 basic and $1.96 fully diluted earnings per share) as compared to $11,115,000 ($1.90 basic and $1.89 fully diluted earnings per share) for the twelve months ended December 31, 2011, a 5% increase. Net income for the quarter ended December 31, 2012 was $2,757,000 ($0.47 ba a st
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