April 4, 2024
Loading...
You are here:  Home  >  Banking & Finance  >  Current Article

First quarter income flat but MB&T loans, deposits grow

IN THIS ARTICLE

Santa Barbara-based Montecito Bank & Trust reported May 4 that total net income for the first quarter was flat at $2.9 million year-over-year but the bank had strong growth in loans and deposits. Total assets grew 6.1 percent, or $92.1 million, year-over-year, which helped the bank close the quarter with more than $1.6 billion in…

Subscribe

    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.