Eldorado Bancorp: The parent company of Eldorado...
Eldorado Bancorp: The parent company of Eldorado Bank in Tustin reported third-quarter earnings of $722,000, or 27 cents per share, down 15% from $846,000, or 31 cents per share, in the year-earlier quarter. For the nine-month period, earnings declined 18% to $2.3 million, or 86 cents per share, from $2.8 million, or $1 per share, for the corresponding period in 1990. Total assets rose 4% to $295.3 million from $283.7 million. J.B. Crowell, president and chief executive, attributed the lower earnings to reduced real estate lending activity and a significant increase in operating expenses.
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