Eldorado Bancorp: The Tustin parent company of...

Eldorado Bancorp: The Tustin parent company of Eldorado Bank posted net income of $1.2 million, or 30 cents a share, for the first quarter, down 8% from the $1.3 million, or 34 cents a share, for the same period of 1996. The company attributed the decline to costs associated with the pending merger with Commerce Security Bancorp Inc., narrower net interest margins and lower levels of noninterest income. Total assets increased 2% to $404.1 million from $395.3 million.