Call reports 2020
MONTECITO BANK & TRUST — 2020
What MONTECITO BANK & TRUST reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,602,921,000 | 1,882,135,000 | 1,885,633,000 | 1,952,638,000 |
| Total loans | 1,081,392,000 | 1,278,271,000 | 1,321,375,000 | 1,317,609,000 |
| Allowance for loan losses | 13,462,000 | 14,023,000 | 14,584,000 | 14,555,000 |
| Securities available for sale | 441,300,000 | 435,629,000 | 437,392,000 | 469,757,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,372,911,000 | 1,667,647,000 | 1,664,089,000 | 1,732,862,000 |
| Interest-bearing deposits | 1,322,357,000 | 1,607,335,000 | 1,606,168,000 | 1,666,322,000 |
| Noninterest-bearing deposits | 50,554,000 | 60,312,000 | 57,921,000 | 66,540,000 |
| Equity capital | 175,070,000 | 182,918,000 | 187,373,000 | 188,825,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 15,613,000 | 32,093,000 | 48,041,000 | 63,821,000 |
| Interest expense | 1,297,000 | 1,968,000 | 2,588,000 | 3,130,000 |
| Net interest income | 14,316,000 | 30,125,000 | 45,453,000 | 60,691,000 |
| Noninterest income | 2,632,000 | 5,133,000 | 7,978,000 | 10,940,000 |
| Noninterest expense | 12,939,000 | 25,436,000 | 39,706,000 | 54,701,000 |
| Provision for loan losses | 400,000 | 1,200,000 | 1,450,000 | 1,631,000 |
| Pretax income | 4,044,000 | 9,373,000 | 13,377,000 | 16,646,000 |
| Income tax | 1,188,000 | 2,681,000 | 3,798,000 | 4,698,000 |
| Net income | 2,856,000 | 6,692,000 | 9,579,000 | 11,948,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 168,571,000 | 172,036,000 | 174,582,000 | 176,321,000 |