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Montecito Bank & Trust reports strong growth

By   /   Friday, April 26th, 2019  /   Comments Off on Montecito Bank & Trust reports strong growth

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Montecito Bank & Trust, a Santa Barbara-based bank with 11 branches in the Tri-Counties, reported net earnings of $2.9 million for the first quarter of 2019, ended March 31. That was down by 70 percent year-over-year, the bank reported, due to a one-time tax credit associated with its conversion from an S Corporation to a…

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