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Who will lead the tri-county corporate scene over the next decade?

By   /  Friday, April 20th, 2012  /  Columns, Opinion  /  Comments Off on Who will lead the tri-county corporate scene over the next decade?

The ranks of corporate leadership in the Tri-Counties are undergoing a bit of a shakeup.

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MB&T starts 37th year on high note

By   /  Wednesday, March 14th, 2012  /  Banking & Finance, Banking Industry, Latest news, Nonprofits  /  Comments Off on MB&T starts 37th year on high note

Ten nonprofits from across th region received grants on March 14 as Montecito Bank & Trust prepared to celebrate its 37th anniversary and it 20th year of adding a philanthropic twist to the festivities. The bank’s employees selected the 10 organizations, which included All for Animals, Alzheimer’s Association, American Heart Association, Council on Alcoholism and Read More →

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Higher profits in hand, region’s banks look to expand

By   /  Friday, February 3rd, 2012  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Higher profits in hand, region’s banks look to expand

Pacific Capital Bancorp, the largest banking company based in the Tri-Counties, turned a $70.5 million profit in 2011 after years of staggering losses. At the same time, First California Financial Group and Heritage Oaks Bancorp, the next two largest banks on the list, reported improved earnings for the year and bold plans to expand. Here’s Read More →

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Editorial: Community Dividends kickstarts giving season

By   /  Friday, November 25th, 2011  /  Editorials, Opinion  /  Comments Off on Editorial: Community Dividends kickstarts giving season

In what has become a welcome and enduring tradition in the region, Montecito Bank & Trust kicked off Thanksgiving week with its ninth annual Community Dividends luncheon on Nov. 21.

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Earnings roundup: Profits return for most area banks

By   /  Friday, November 4th, 2011  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Earnings roundup: Profits return for most area banks

Banks based in the Tri-Counties reported mostly healthier third-quarter earnings, led by the largest lender in the region, which now has a full year of profits under its belt after a recapilization deal and ownership change last year. Here’s a closer look at how tri-county banks performed in the third quarter: Pacific Capital Bancorp [wikichart Read More →

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Bank sues developer of Atascadero project over $6.2M default

By   /  Friday, October 28th, 2011  /  Law, Real Estate, Top Stories  /  Comments Off on Bank sues developer of Atascadero project over $6.2M default

The Santa Barbara developer pushing to build one of the biggest retail projects on the Central Coast faces a lawsuit from its lender alleging that it has defaulted on $6.2 million in debt. The Rottman Group submitted a joint application with Walmart in 2006 to build a retail complex on the north side of Atascadero Read More →

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Editorial: Give till it helps

By   /  Monday, November 29th, 2010  /  Editorials, Opinion  /  Comments Off on Editorial: Give till it helps

The Business Times encourages tri-county businesses to follow the lead of Montecito Bank & Trust, which gives away $1 million in Community Dividends each fall.

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