Capital Ratios

Malaga Financial Corporation (MLGF) reported a 5% YoY decrease in net income for the nine months ended September 30, 2025, to $16.431 million ($1.74/share). The decline is partly attributed to a one-time 2024 ERC credit. Total assets increased 2% to $1.428B, but the loan portfolio decreased 2% to $1.212B. Retail deposits decreased, while wholesale deposits increased 21%. The bank maintains strong capital ratios (16.47% core capital, 29.72% risk-based) and excellent asset quality. Annualized ROAE was 10.15%.