Eldorado Bancorp: The holding company for Tustin-based...
From Times Staff and Wire Reports
Eldorado Bancorp: The holding company for Tustin-based Eldorado Bank posted net income of $823,000 for the first quarter, down 18% from the $1 million recorded for the year-earlier period. Total assets rose 2% to $290 million from $283.8 million. J.B. Crowell, president and chief executive, said the earnings decline was primarily due to reduced net interest margins and higher provisions for possible credit losses.
