Eldorado Bancorp: The parent company of Tustin-based...

Eldorado Bancorp: The parent company of Tustin-based Eldorado Bank reported net income of $3.5 million for 1990, down 8% from $3.8 million in 1989. For the fourth quarter of 1990, net income declined to $758,000, down 24% from $1 million a year earlier. At the end of 1990, total assets rose to $294 million, up 6% from $276.6 million a year earlier. J.B. Crowell, president and chief executive, said the decline in earnings was primarily a result of narrower net interest margins and certain non-performing assets.