Call reports 2023
MONTECITO BANK & TRUST — 2023
What MONTECITO BANK & TRUST reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 2,111,553,000 | 2,086,522,000 | 2,082,967,000 | 2,132,719,000 |
| Total loans | 1,175,347,000 | 1,187,444,000 | 1,213,353,000 | 1,230,920,000 |
| Allowance for loan losses | 14,747,000 | 14,696,000 | 14,639,000 | 14,266,000 |
| Securities available for sale | 781,092,000 | 737,326,000 | 704,900,000 | 728,933,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,917,490,000 | 1,874,452,000 | 1,852,464,000 | 1,845,754,000 |
| Interest-bearing deposits | 1,223,045,000 | 1,181,553,000 | 1,163,128,000 | 1,161,335,000 |
| Noninterest-bearing deposits | 694,445,000 | 692,899,000 | 689,336,000 | 684,419,000 |
| Equity capital | 139,742,000 | 136,249,000 | 123,653,000 | 147,950,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 20,426,000 | 39,571,000 | 59,494,000 | 80,098,000 |
| Interest expense | 1,006,000 | 2,868,000 | 5,942,000 | 9,948,000 |
| Net interest income | 19,420,000 | 36,703,000 | 53,552,000 | 70,150,000 |
| Noninterest income | 3,061,000 | 6,232,000 | 9,487,000 | 12,668,000 |
| Noninterest expense | 15,732,000 | 32,158,000 | 48,808,000 | 65,903,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 6,720,000 | 10,742,000 | 14,204,000 | 16,888,000 |
| Income tax | 1,893,000 | 2,987,000 | 3,919,000 | 4,646,000 |
| Net income | 4,827,000 | 7,755,000 | 10,285,000 | 12,242,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 213,238,000 | 215,617,000 | 217,847,000 | 219,105,000 |