El Camino Bancorp Said 1st-Period Net Quadrupled

El Camino Bancorp, holding company for El Camino Bank of Anaheim, said consolidated first-quarter earnings totaled $324,000, more than four times the $74,000 profit reported for the first three months of 1984.

Stanley Pawlowski, chairman of the bank and the holding company, said Tuesday that he expects 1985 earnings to top $1 million, up from the $871,400 in profits posted for 1984. (In a chart that appeared Sunday in The Times, El Camino Bank’s 1984 earnings were misstated.)

For the El Camino Bank subsidiary, first-quarter earnings hit $343,000, compared with $85,000 a year earlier. The bank reported total assets of $84.6 million on March 31, down 11% from $94.8 million a year earlier.

Deposits fell to $76 million from $87.8 million a year earlier. Loans dropped to $56.9 million from $58.3 million and El Camino’s capital-to-assets ratio increased to 9% from 7.6%.