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Malaga Financial Corporation Reports First Quarter 2013 Net Income of $2.7 Million Pre-Tax ROE 20.47%

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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 quarter ended March 31, 2013 was $2,704,000 ($0.46 per share basic and fully diluted), a decrease of $350,000 or 11% from net income of $3,054,000 ($0.52 per share basic and fully diluted) for the quarter ended March 31, 2012. Net income decreased primarily due to a decrease in net interest income. Net income in the first quarter a style='fo

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