 PALOS VERDES ESTATES, Calif., Oct. 15, 2021 GLOBE NEWSWIRE -- Malaga Financial Corporation OTCPink:MLGF, the parent company of Malaga Bank FSB, today reported that net income for the nine months ended September 30, 2021 was 14,639,000 1.90 basic and fully diluted earnings per share compared to 13,592,000 1.77 basic and fully diluted earnings per share, as adjusted for the stock dividend declared on November 13, 2020 for the same period ended September 30, 2020, an increase of 1,047,000 or 8. Net income for the quarter ended September 30, 2021 was 5,017,000 0.65 basic and fully diluted earnings per share, an increase of 229,000 or 5 from net income of 4,788,000 0.63 basic and fully diluted earnings per share, as adjusted for the stock dividend declared on November 13, 2020 for the quarter ended September 30, 2020. Net income for the quarter ended September 30, 2021 was 5,017,000 0.65 basic and fully diluted earnings per share, an increase of 111,000 or 2 from net income of 4,906,000 0.64 basic and fully diluted earnings per share for the quarter ended June 30, 2021. For the first nine months of 2021, the Companys annualized return on average equity was 12.09 and the annualized return on average assets was 1.43. 