Montecito Bank & Trust reports growth in total assets and net income
IN THIS ARTICLE
- Banking & Finance Topic
- Staff Report Author
By Staff Report Friday, April 27th, 2018
Santa Barbara-based Montecito Bank & Trust reported growth in total assets and net income on April 26. The bank’s total assets grew 5.6 percent or $74.8 million during the last 12-month period, closing at $1.4 billion, with loan growth of 1.6 percent year-over-year. Deposit growth was 3.8 percent year-over-year. Total net income for the first…