Malaga Financial Corporation (OTCBB:MLGF) today announced that US Banker had ranked it and its subsidiary Malaga Bank FSB as the top performing publicly traded community bank in California and the 15 th best performing publicly traded community bank in the United States as of December 31, 2010. The rankings included banks and thrifts with less than $2 billion in total assets and whose common stock is traded on a securities exchange, the over the counter bulletin board or the pink sheets. Rankings were based on the 3-year average return on equity, using data provided by SNL Financial. Of the top 200 ranked banks and thrifts, Malaga’s profit margin of 62.46% was the highest and its efficiency ratio was the 2 nd best of the banks listed.

In general, California financial institutions have been hit hard by declines in the real estate market. Only seven other California banks and thrifts made the US Banker’s top 200 list. Malaga’s success, according to Randy Bowers, President and CEO, “is a result of our prudent business practices, conservative credit culture and tight expense control. We have benefited greatly from the long term support and guidance of our Board of Directors, as well as the continued loyalty and hard work of all of our employees. Our results speak for themselves.”

Malaga Bank, a subsidiary of MFC, is a full-service community bank headquartered on the Palos Verdes Peninsula with branch offices located on the Peninsula, in Torrance and San Pedro. For over 26 years, Malaga Bank has been delivering competitive banking services to residents and businesses of the South Bay, including real estate loan products custom-tailored to consumers and investors. As the largest community bank in the South Bay, Malaga is proud of its continuing tradition of relationship-based banking and legendary customer service. The Bank’s web site is located at

Copyright Business Wire 2010

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