Business & Real Estate

Placerville banking firm reports year-over-year profit gains

Placerville-based El Dorado Savings Bank, which operates 31 branches in California and four in northern Nevada, reported an 8.5 percent year-over-year gain in profits through three quarters of 2016.

Net income through nine months this year totaled $9.28 million, compared with $8.55 million in the same period of 2015.

At the close of the third quarter, the bank reported $2.1 billion in total assets and savings deposits of $1.88 billion.