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Eldorado Bancorp in Laguna Hills, the holding...

Eldorado Bancorp in Laguna Hills, the holding company for Eldorado Bank in Tustin, posted record net income of $982,000 for the third quarter, a 57% increase over $625,000 earned in last year’s third quarter. Total quarterly revenue rose 24% to $6.8 million from $5.5 million last year. For the first 9 months, the company reported net income of $2.4 million, a 33% increase over $1.8 million earned in the same period last year. Total revenue for the period rose 11% to $17.7 million from $15.9 million in last year’s first 9 months. The company’s total assets were $242.8 million at the end of September, an increase of 23% over $197.4 million in assets a year earlier. The bank’s total deposits grew 23% to $217.1 million at the end of the period from $176.6 million a year earlier, while total loans rose 29% to $157.3 million from $122 million last year.

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