Malaga Financial Corporation reported earnings results for the first quarter ended March 31, 2019. For the quarter, the company reported net income of $3,457,000 or $0.50 basic and fully diluted earnings per share, a decrease of $392,000 or 10% from net income of $3,849,000 or $0.56 basic and $0.55 fully diluted earnings per share for the quarter ended March 31, 2018. Net interest income totaled $7,955,000, a decrease of $177,000 or 2% from the first quarter of 2018.