Call reports 2024
MONTECITO BANK & TRUST — 2024
What MONTECITO BANK & TRUST reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 2,100,034,000 | 2,122,580,000 | 2,128,911,000 | 2,110,843,000 |
| Total loans | 1,240,989,000 | 1,265,193,000 | 1,276,957,000 | 1,288,157,000 |
| Allowance for loan losses | 14,106,000 | 14,112,000 | 14,143,000 | 14,309,000 |
| Securities available for sale | 706,684,000 | 696,552,000 | 694,596,000 | 665,089,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,780,019,000 | 1,802,015,000 | 1,794,790,000 | 1,810,736,000 |
| Interest-bearing deposits | 1,122,709,000 | 1,130,799,000 | 1,118,574,000 | 1,159,476,000 |
| Noninterest-bearing deposits | 657,310,000 | 671,216,000 | 676,216,000 | 651,260,000 |
| Equity capital | 148,535,000 | 149,943,000 | 169,224,000 | 157,110,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 20,860,000 | 41,872,000 | 63,183,000 | 84,632,000 |
| Interest expense | 4,771,000 | 10,091,000 | 15,678,000 | 21,477,000 |
| Net interest income | 16,089,000 | 31,781,000 | 47,505,000 | 63,155,000 |
| Noninterest income | 3,246,000 | 6,587,000 | 10,059,000 | 13,400,000 |
| Noninterest expense | 17,620,000 | 34,235,000 | 50,536,000 | 68,618,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,318,000 | 4,259,000 | 7,403,000 | 8,354,000 |
| Income tax | 603,000 | 1,098,000 | 1,941,000 | 2,168,000 |
| Net income | 1,715,000 | 3,161,000 | 5,462,000 | 6,186,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 220,725,000 | 222,172,000 | 223,973,000 | 224,062,000 |