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Malaga Financial Corporation Reports Record 2nd Quarter and Year-to-Date Earnings

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Malaga Financial Corporation Reports Record 2nd Quarter and Year-to-Date Earnings Powered By Docstoc
					
				
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posted:7/15/2011
language:English
pages:2
Description: PALOS VERDES ESTATES, Calif.--(EON: Enhanced Online News)--Malaga Financial Corporation (OTCBB:MLGF), the parent company of Malaga Bank FSB, today reported that net income for the quarter ended June 30, 2011 was $2,748,000 ($0.47 basic and $0.46 fully diluted earnings per share), an increase of $116,000 or 4% from net income of $2,632,000 ($0.45 basic and $0.44 fully diluted earnings per share) for the quarter ended June 30, 2010. Net income for the six months ended June 30, 2011 was $5,460,000 a style='font-size:
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