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Eldorado Bankshares Inc

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BUSINESS
February 3, 1999
Eldorado Bancshares Inc., the Laguna Hills bank holding company, said its shares have been approved for listing on the Nasdaq National Market and will trade under the ticker symbol ELBI. The company also said it still plans to sell about $30 million worth of stock in a public offering, but officials didn't say when the offering would be made. Eldorado postponed plans for a sale of stock in August after the market for new issues went into a tailspin.
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BUSINESS
July 29, 2000
The Laguna Hills operator of Eldorado Bank and Antelope Valley Bank reported second-quarter net income of $2.4 million, or 17 cents a share, compared with net income of $1.1 million, or 8 cents a share, posted for last year's second quarter. Total assets remained at $3 billion.
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BUSINESS
July 22, 1999
Eldorado Bancshares Inc.: The Laguna Hills operator of Eldorado Bank and Antelope Valley Bank reported second-quarter net income of $1.1 million, or 8 cents a share, down 39% from the $1.8 million, or 15 cents a share, a year ago. The company said earnings for 1999 were affected by a lower-than-projected volume of mortgage loans. Total assets were $1.3 billion.
BUSINESS
July 22, 1999
Eldorado Bancshares Inc.: The Laguna Hills operator of Eldorado Bank and Antelope Valley Bank reported second-quarter net income of $1.1 million, or 8 cents a share, down 39% from the $1.8 million, or 15 cents a share, a year ago. The company said earnings for 1999 were affected by a lower-than-projected volume of mortgage loans. Total assets were $1.3 billion.
BUSINESS
January 26, 1999
Eldorado Bancshares Inc., the Laguna Hills holding company for Eldorado Bank, said Monday it has completed its acquisition of Antelope Valley Bank of Lancaster in an all-stock deal. Eldorado has applied to list its stock on the Nasdaq National Market.
BUSINESS
November 6, 1999
Eldorado Bancshares Inc., Laguna Hills operator of Eldorado Bank and Antelope Valley Bank, said net income for the third quarter totaled $1.1 million, or 8 cents a share, down 56% from $2.5 million, or 18 cents a share, a year ago. The bank holding company attributed the earnings decline to poor results in its mortgage division, which reported a substantial reduction in the volume of mortgage loans. Total assets were $1.35 billion.
BUSINESS
September 6, 1998
Laguna Hills-based Commerce Security Bancorp Inc. said it has changed its name to Eldorado Bancshares Inc. Commerce had acquired Tustin-based Eldorado Bank and folded a number of community banks into one institution under the Eldorado name. Early last week, Commerce announced a 1-for-2 reverse split on all of its common stock.
BUSINESS
February 3, 1999
Eldorado Bancshares Inc., the Laguna Hills bank holding company, said its shares have been approved for listing on the Nasdaq National Market and will trade under the ticker symbol ELBI. The company also said it still plans to sell about $30 million worth of stock in a public offering, but officials didn't say when the offering would be made. Eldorado postponed plans for a sale of stock in August after the market for new issues went into a tailspin.
BUSINESS
January 26, 1999
Eldorado Bancshares Inc., the Laguna Hills holding company for Eldorado Bank, said Monday it has completed its acquisition of Antelope Valley Bank of Lancaster in an all-stock deal. Eldorado has applied to list its stock on the Nasdaq National Market.
BUSINESS
September 6, 1998
Laguna Hills-based Commerce Security Bancorp Inc. said it has changed its name to Eldorado Bancshares Inc. Commerce had acquired Tustin-based Eldorado Bank and folded a number of community banks into one institution under the Eldorado name. Early last week, Commerce announced a 1-for-2 reverse split on all of its common stock.
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