Call reports 2014
MONTECITO BANK & TRUST — 2014
What MONTECITO BANK & TRUST reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 1,089,670,000 | 1,151,261,000 | 1,160,958,000 | 1,190,168,000 |
| Total loans | 535,412,000 | 540,235,000 | 598,956,000 | 609,243,000 |
| Allowance for loan losses | 12,562,000 | 12,186,000 | 11,676,000 | 11,277,000 |
| Securities available for sale | 474,286,000 | 478,652,000 | 478,004,000 | 488,289,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 966,262,000 | 1,021,024,000 | 1,029,839,000 | 1,053,480,000 |
| Interest-bearing deposits | 936,060,000 | 988,323,000 | 997,656,000 | 1,014,478,000 |
| Noninterest-bearing deposits | 30,202,000 | 32,701,000 | 32,183,000 | 39,002,000 |
| Equity capital | 111,275,000 | 117,545,000 | 117,387,000 | 122,020,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 9,858,000 | 19,845,000 | 29,936,000 | 40,759,000 |
| Interest expense | 427,000 | 833,000 | 1,219,000 | 1,591,000 |
| Net interest income | 9,431,000 | 19,012,000 | 28,717,000 | 39,168,000 |
| Noninterest income | 1,800,000 | 3,599,000 | 6,401,000 | 8,397,000 |
| Noninterest expense | 9,051,000 | 18,333,000 | 27,995,000 | 37,793,000 |
| Provision for loan losses | -500,000 | -1,000,000 | -1,500,000 | -2,000,000 |
| Pretax income | 2,955,000 | 5,826,000 | 10,147,000 | 13,562,000 |
| Income tax | 99,000 | 196,000 | 344,000 | 455,000 |
| Net income | 2,856,000 | 5,630,000 | 9,803,000 | 13,107,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 106,642,000 | 108,349,000 | 111,234,000 | 112,948,000 |
| Total capital | 117,179,000 | 118,985,000 | 122,054,000 | 124,039,000 |
| Risk-weighted assets | 840,345,000 | 848,704,000 | 864,150,000 | 886,543,000 |