Montecito Bank & Trust

Montecito Bank & Trust is headquartered in Santa Barbara and is the 50^th largest bank in the state of California. It is also the 641^st largest bank in the nation. It was established in 1975 and as of March of 2012, it had grown to 186 employees at 10 locations. Montecito Bank & Trust has a 4-star health rating.

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Data for Q1 2012

Institution Statistics Montecito Bank & Trust FDIC Certificate # 21956 BankRate Report View Year Established 1975 Employees 186 Primary Regulator FDIC Assets and Liabilities Assets $1.04 billion Loans $507.19 million Deposits $873.60 million Equity Capital $111.24 million Loan Loss Allowance $11.29 million Unbacked Noncurrent Loans $16.35 million Real Estate Owned $12.42 million Historic Data - March 2011 Assets $933.53 million Equity Capital $94.18 million Loan Loss Allowance $12.31 million Unbacked Noncurrent Loans $22.41 million Real Estate Owned $7.99 million Profit Margin - Quarterly Net Interest Margin 4.13% Return on Assets 1.26% Return on Equity 11.8% Interest Income $10.61 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Montecito Bank & Trust had $28.77 million in non-current loans and owned real-estate with $122.52 million in equity and loan loss allowances on hand to cover it. This gives Montecito Bank & Trust a Texas Ratio of 23.48% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Montecito Bank & Trust decreased slightly from 28.33% as of March 31, 2011 to 23.48% as of March 31, 2012, resulting in a positive change of 17.12%.This indicates that the balance sheet and financial strength for Montecito Bank & Trust has improved slightly in recent periods. Deposit Growth In the past year, Montecito Bank & Trust has increased its total deposits by $69.04 million, resulting in 8.58% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Montecito Bank & Trust has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Montecito Bank & Trust has $1.04 billion in assets with $122.52 million in equity, resulting in a capitalization level of 11.84%, which is above average.

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