Malaga Bank F.S.B. is headquartered in Palos Verdes Pen and is the 58th largest bank in the state of California. It is also the 745th largest bank in the nation. It was established in 1985 and as of March of 2014, it had grown to 81 employees at 5 locations. Malaga Bank F.S.B. has a A+ health rating.
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The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Malaga Bank F.S.B. had $0 in non-current loans and owned real-estate with $122.9 million in equity and loan loss allowances on hand to cover it. This gives Malaga Bank F.S.B. a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
In the past year, Malaga Bank F.S.B. has increased its total deposits by $36.45 million, resulting in 5.84% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Malaga Bank F.S.B. has shown is excellent.
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Malaga Bank F.S.B. has $909.51 million in assets with $122.9 million in equity, resulting in a capitalization level of 13.51%, which is excellent.
|FDIC Certificate #||32282|
|Assets and Liabilities|
|Equity Capital||$120.02 million|
|Loan Loss Allowance||$2.88 million|
|Real Estate Owned||$0|
|Historic Data - March 2013|
|Equity Capital||$112.66 million|
|Loan Loss Allowance||$2.76 million|
|Real Estate Owned||$0|
|Profit Margin - Quarterly|
|Net Interest Margin||3.48%|
|Return on Assets||1.3%|
|Return on Equity||9.8%|
|Interest Income||$8.98 million|
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|Malaga Bank F.S.B. Locations|
|San Pedro Branch||1460 W. 25th Street||San Pedro, CA 90732|
|Torrance Skypark Branch||23670 Hawthorne Blvd, Ste 101a||Torrance, CA 90505|
|Malaga Bank F.S.B.||2514 Via Tejon||Palos Verdes Peninsula, CA 90274|
|Torrance Branch||25700 Crenshaw Blvd||Torrance, CA 90505|
|Rolling Hills Estates Branch||27450 Hawthoene Boulevard||Rolling Hills Estates, CA 90274|