El Dorado Saving Bank Earnings Down $100,000
Image:
The Placerville-based bank earned $4.3 million in the first half on assets of $1.8 billion, down from earning $4.4 million on assets of $1.7 billion in the first half last year.
El Dorado Savings Bank earned $2.1 million in the second quarter, down 9.6 percent from earning $2.4 million in the second quarter of 2011.
The Placerville-based bank earned $4.3 million in the first half on assets of $1.8 billion, down from earning $4.4 million on assets of $1.7 billion in the first half last year.
“The drop in earnings was due to the continued record low interests rates available on new loans and investments,” said Tom Meuser, chief executive officer, in a statement.
“As older loans, ...
http://www.bizjournals.com/sacramento/news/2012/07/23/el-dorado-saving-bank-earnings-down.html
---
Syndicate
Recent comments