Montecito Bank & Trust reports big increase in net income
IN THIS ARTICLE
- Banking & Finance Topic
- Staff Report Author
By Staff Report Thursday, July 26th, 2018
Montecito Bank & Trust, the largest independent bank in the Tri-Counties, said net income grew $13 million, or 61 percent, in the first half of the year as deposits grew and tax adjustments helped its bottom line. The privately-held bank said deposits grew 4.1 percent to $1.2 billion, but the loan portfolio was flat at…
Related Articles
Friday, October 14th, 2022