Pioneer Bancorp: The holding company for Pioneer...

Pioneer Bancorp: The holding company for Pioneer Bank in Fullerton posted a first-quarter profit of $80,000, or 3 cents a share, contrasted with a net loss of $214,000, or 9 cents a share, for the comparable period of 1993. Total assets as of March 31 were down 28% from a year ago, to $133 million from $185 million. The company said the reduction was consistent with the planned restructuring of the company’s balance sheet.