Quarterly gains posted by El Dorado Savings Bank
El Dorado Savings Bank’s third quarter profits increased $876,717 from 2016 to $3,696,981.
“The continued strong profits reflect the strong performance of the loan and investment portfolios,” CEO George L. Cook Jr. said in a statement.
The bank operates 35 branches, including in South Lake Tahoe.
El Dorado ended the quarter with $2.178 billion in total assets and savings deposits of $1.94 billion.
— Lake Tahoe News staff report
