Malaga Financial (Malaga Financial) Allowance For Loans And Lease Losses : $-2.31 Mil (As of Sep. 2007)

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What is Malaga Financial Allowance For Loans And Lease Losses?

Malaga Financial's Allowance For Loans And Lease Losses for the quarter that ended in Sep. 2007 was $-2.31 Mil.

Malaga Financial's quarterly Allowance For Loans And Lease Losses declined from Mar. 2007 ($-2.28 Mil) to Jun. 2007 ($-2.29 Mil) and declined from Jun. 2007 ($-2.29 Mil) to Sep. 2007 ($-2.31 Mil).

Malaga Financial's annual Allowance For Loans And Lease Losses declined from Dec. 2004 ($-1.68 Mil) to Dec. 2005 ($-1.98 Mil) and declined from Dec. 2005 ($-1.98 Mil) to Dec. 2006 ($-2.29 Mil).

Malaga Financial Allowance For Loans And Lease Losses Historical Data

The historical data trend for Malaga Financial's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Malaga Financial Allowance For Loans And Lease Losses Chart

Malaga Financial Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Allowance For Loans And Lease Losses

-1.94

-1.93

-1.68

-1.98

-2.29

Malaga Financial Quarterly Data
	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-2.24	-2.29	-2.28	-2.29	-2.31

Malaga Financial Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Malaga Financial Allowance For Loans And Lease Losses Related Terms

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Malaga Financial (Malaga Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Malaga Financial Corp (OTCPK:MLGF) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

2514 Via Tejon, Palos Verdes Estates, CA, USA, 90274

Website

https://www.malagabank.com

Malaga Financial Corp is a full-service community bank. It bank is a real estate lender concentrating on financing apartments, construction projects, and single-family residences. Its operations are related to traditional banking activities, including the acceptance of deposits and the lending and investing of money. Its customers consist of individuals and small-to-midsize businesses located in the Palos Verdes Peninsula and adjoining areas of Los Angeles and Orange Counties, California.