Eldorado Bancorp, parent of Eldorado Bank in...

Eldorado Bancorp, parent of Eldorado Bank in Tustin, reported record second-quarter earnings of $734,000, a 26% increase from $584,000 earned in last year’s second quarter. Revenue rose to $5.4 million this year from $5.3 million last year. For the first six months, the company reported net income of $1.4 million, a 20% increase over $1.2 million in the same period last year. Revenue for the period grew 5% to $10.9 million this year from $10.4 million last year. Total assets increased 28% to $245 million at the end of June from $191 million a year earlier. The company’s growth was spurred by its acquisition in March of American Merchant Bank. The bank’s total deposits rose 27% to $219 million at the end of the period from $173 million a year earlier, while total loans grew 34% to $158 million this year from $118 million last year.