April 3, 2024
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Montecito Bank & Trust reports growth in total assets and net income

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Santa Barbara-based Montecito Bank & Trust reported growth in total assets and net income on April 26. The bank’s total assets grew 5.6 percent or $74.8 million during the last 12-month period, closing at $1.4 billion, with loan growth of 1.6 percent year-over-year. Deposit growth was 3.8 percent year-over-year. Total net income for the first…

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