Call reports 2021
MONTECITO BANK & TRUST — 2021
What MONTECITO BANK & TRUST reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 2,096,304,000 | 2,185,565,000 | 2,290,165,000 | 2,351,262,000 |
| Total loans | 1,372,597,000 | 1,301,573,000 | 1,262,199,000 | 1,174,191,000 |
| Allowance for loan losses | 14,625,000 | 14,885,000 | 14,718,000 | 14,726,000 |
| Securities available for sale | 513,582,000 | 627,724,000 | 680,620,000 | 702,844,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,883,066,000 | 1,967,057,000 | 2,074,662,000 | 2,134,016,000 |
| Interest-bearing deposits | 1,818,683,000 | 1,895,269,000 | 1,297,734,000 | 1,393,330,000 |
| Noninterest-bearing deposits | 64,383,000 | 71,788,000 | 776,928,000 | 740,686,000 |
| Equity capital | 182,972,000 | 192,593,000 | 190,556,000 | 192,589,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 16,428,000 | 34,205,000 | 51,039,000 | 70,418,000 |
| Interest expense | 436,000 | 835,000 | 1,213,000 | 1,588,000 |
| Net interest income | 15,992,000 | 33,370,000 | 49,826,000 | 68,830,000 |
| Noninterest income | 3,088,000 | 6,380,000 | 9,811,000 | 13,424,000 |
| Noninterest expense | 14,047,000 | 28,591,000 | 43,895,000 | 58,433,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 5,262,000 | 11,673,000 | 16,266,000 | 24,367,000 |
| Income tax | 1,435,000 | 3,194,000 | 4,419,000 | 6,840,000 |
| Net income | 3,827,000 | 8,479,000 | 11,847,000 | 17,527,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 179,784,000 | 184,086,000 | 187,109,000 | 192,031,000 |
| Total capital | — | — | — | 207,162,000 |
| Risk-weighted assets | — | — | — | 1,430,124,000 |