El Dorado Savings’ earnings decline

By Mark Glover, Sacramento Bee

Placerville-based El Dorado Savings Bank, one of the area’s most consistently profitable financial institutions, saw a year-over-year decline in first-quarter profit.

The bank posted a quarterly profit of slightly more than $2 million, about 18 percent below net income of $2.52 million in the initial quarter of 2010.

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