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 |
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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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