Montecito Bank & Trust

Montecito Bank & Trust is headquartered in Santa Barbara and is the 51^st largest bank in the state of California. It is also the 628^th largest bank in the nation. It was established in 1975 and as of December of 2012, it had grown to 190 employees at 10 locations. Montecito Bank & Trust has a 4-star health rating.

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Data for Q4 2012

Institution Statistics Montecito Bank & Trust OTS # 12016 FDIC Certificate # 21956 BankRate Report View Year Established 1975 Employees 190 Primary Regulator FDIC Assets and Liabilities Assets $1.06 billion Loans $514.43 million Deposits $921.63 million Equity Capital $117.43 million Loan Loss Allowance $9.62 million Unbacked Noncurrent Loans $12.88 million Real Estate Owned $15.45 million Historic Data - December 2011 Assets $1.02 billion Equity Capital $108.03 million Loan Loss Allowance $11.89 million Unbacked Noncurrent Loans $20.80 million Real Estate Owned $11.60 million Profit Margin - Quarterly Net Interest Margin 4.02% Return on Assets 1.27% Return on Equity 11.5% Interest Income $41.37 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 December 31, 2012 Montecito Bank & Trust had $28.32 million in non-current loans and owned real-estate with $127.05 million in equity and loan loss allowances on hand to cover it. This gives Montecito Bank & Trust a Texas Ratio of 22.29% 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 27.33% as of December 31, 2011 to 22.29% as of December 31, 2012, resulting in a positive change of 18.45%.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 $45.89 million, resulting in 5.24% 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 $1.06 billion in assets with $127.05 million in equity, resulting in a capitalization level of 11.96%, which is above average.

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