Montecito Bank & Trust assets approach $2.5B
Montecito Bank & Trust, the biggest bank based in the tri-county region, reported total assets increased nearly 13% during the 12 months ending June 30. The Santa Barbara-based bank saw total assets grow $276.45 million during the period, closing at $2.46 billion, it said in a quarterly report released Aug. 5. Montecito Bank & Trust Read More →
Montecito Bank reports growth in assets, drop in loans for Q1
Montecito Bank & Trust’s assets increased more than 14% in the year ended March 31, with “strong” deposit growth, the bank said in its May 2 first-quarter earnings release. The Santa Barbara-based bank, the largest financial institution based in the tri-county region, said its total assets rose $302.45 million, closing at $2.39 billion, at the Read More →
Montecito Bank and Trust assets grew 20% in 2021
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Montecito Bank & Trust gives out $1.2M in annual Community Dividends
In recognition of community enrichment through compassion, 179 Central Coast nonprofits received a boost from Montecito Bank & Trust after persevering through 20 months of pandemic-related changes. The bank awarded those nonprofits from Santa Barbara and Ventura counties with a total of $1.2 million at its 19th annual Community Dividends program on Nov. 22. The Read More →
Income up 24% at Montecito Bank, assets top $2B
Montecito Bank & Trust, the biggest bank based in the tri-county region, reported asset growth of nearly 22% in the past year, while loan growth softened because of accelerated pandemic-related loan forgiveness and additional loan payoffs. The Santa Barbara-based bank said in an Oct. 18 earnings release that its total assets grew $404.53 million in Read More →
Montecito Bank & Trust tops $2B in assets
Montecito Bank & Trust’s assets grew by almost half a billion dollars in the past year, with strong deposit and loan growth, the bank said in its May 6 first-quarter earnings release. The Santa Barbara-based bank is the largest financial institution based in the tri-county region. Its assets topped $2 billion at the end of Read More →
Montecito Bank & Trust reports growth in assets, deposits and income
Montecito Bank & Trust saw its total assets grow more than 20% during 2020, on the back of strong loan production, deposit growth and higher net income, the bank said Feb. 5. The bank’s total assets grew $344.1 million, a boost of about 21.4% from the previous year, bringing Montecito Bank & Trust’s total assets Read More →
