Vitals
  • Total Assets
    1.3B 7.5 %
  • Total Deposits
    1.2B 6.8 %
  • Total Net Loans
    857.5M 22.4 %
  • Net Income
    14.6M -8.5 %
  • Book Value
    135.5M 7.8 %
  • Book Value x2
    271.1M 7.8 %
  • Book Value x3
    406.6M 7.8 %
ROAA

1.139

ROAE

10.628

Efficiency Ratio

73.026

Net Interest Margin

3.934

Balance Sheet Highlights
Financial Highlights Montecito Bank & Trust All Insured Commercial Banks in California
Balance Sheet $(000)
Total Assets 1,337,179 1,346,313
Total Net Loans 857,531 907,793
Total Deposits 1,175,647 1,084,972
Total Equity 135,533 169,778
Profitability
Net Income 14,557 12,577
Return on Average Assets 1.139 .955
Return on Average Equity 10.628 8.072
Net Interest Margin 3.934 3.784
Efficiency Ratio 73.026 64.937
Noninterest Income/Revenue 14.422 13.682
Balance Sheet Ratios
Loan-to-Deposit 72.941 83.983
Securities/Assets .309 .141
Total Equity/Total Assets .101 .126
Tangible Equity/Tangible Assets .096 .113
Capital Adequacy
Tier 1 Common Capital 130,862 147,337
Tier 1 Capital 130,862 147,552
Tier 2 Capital 11,736 11,893
Total Capital 142,598 160,236
Total Risk Weighted Assets 1,149,410 1,009,488
Leverage Ratio 10.01 11.256
Common Equity Tier 1 Capital Ratio 11.39 14.697
Tier 1 Capital Ratio 11.39 14.792
Total Capital Ratio 12.41 16.005

Timeline for Montecito Bank & Trust

Valley Oaks National Bank

Acquisition: Montecito Bank & Trust acquired a new subsidiary, Valley Oaks National Bank, 22 years

View Profile Oct 01 2001

Bankers Alliance Mortgage

Bankers Alliance Mortgage became a new subsidiary organization for Montecito Bank & Trust.

View Profile Sep 01 1995

Montecito Bancorp

Montecito Bancorp became a new parent organization for Montecito Bank & Trust.

View Profile Aug 29 1986

Mountain Financial Corporation

Mountain Financial Corporation became a new subsidiary organization for Montecito Bank & Trust.

View Profile Aug 29 1986

Montecito Bank & Trust

Montecito Bank & Trust was established 49 years ago and is currently headquartered in Santa Barbara, CA.

Mar 17 1975
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Valley Oaks National Bank Seller 66,608 Acquisition Discontinued 10/1/2001
Relationships Role Relationship Start Relationship End
Montecito Bancorp Parent 8/29/1986
Mountain Financial Corporation Subsidary 6/30/2007
Mountain Financial Corporation Subsidary 8/29/1986 6/29/2007
Bankers Alliance Mortgage Subsidary 9/1/1995 8/31/2001
Similar Organizations
Organization City State Total Assets
D. L. Evans Bank
 		Burley ID 1.3B
Glenview State Bank
 		Glenview IL 1.3B
Central Valley Community Bank
 		Fresno CA 1.3B
Southern First Bank
 		Greenville SC 1.3B
Mahopac Bank
 		Mahopac NY 1.3B
Traditional Bank, Inc.
 		Mount Sterling KY 1.3B
Revere Bank
 		Laurel MD 1.3B
Community Bank Of The Chesapeake
 		Waldorf MD 1.3B
New Mexico Bank & Trust
 		Albuquerque NM 1.3B
First United Bank & Trust
 		Oakland MD 1.3B