Montecito Bank & Trust
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Data as of · sourced from FFIEC call reports. How we update
Montecito Bank & Trust is an FDIC-insured commercial bank headquartered in Santa Barbara, CA, established in 1975 (FDIC certificate 21956), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $2.02B, down 5.4% from Q2 2025, the 41st largest of 113 banks headquartered in California. It reports no CET1 ratio; its Tier 1 leverage ratio was 11.29% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 21956
- Headquarters
- Santa Barbara, CA
- Established
- 1975
- Total assets, Q2 2026
- $2.02B
- Assets vs Q2 2025
- -5.4%
- Tier 1 leverage ratio, Q2 2026
- 11.29%
- Domestic offices
- 17 FDIC institution directory, current count
- Routing number
- 122234783
- Latest call report
- Q2 2026, FFIEC 051 · Montecito Bank & Trust call report
- Holding company
- MONTECITO BANCORP
- Asset rank in state
- 41st of 113 in California
Montecito Bank & Trust spends more to run itself than most banks of its size. The Santa Barbara, California bank had $2.0 billion in assets at June 30, 2026, down 5.4% from a year earlier. It earns about $0.52 a year on every $100 of assets, about a third the median of $1.29 for the 895 banks with $1 billion to $10 billion in assets. It also spends about 82 cents to bring in each dollar of revenue, higher than about 9 in 10 banks its size (median 58 cents).
Earnings jumped: net income for the quarter was $2.8 million, 34% above the same quarter a year earlier. Over the same year, loans grew 3.7% and deposits shrank 7.7%.
As of June 30, 2026, Montecito Bank & Trust reported a return on assets of 0.52%, a nonperforming-loan ratio of 0.17% and a Texas ratio of 1.19%. The figures come from its call report filed with the FFIEC.
Of the 113 banks headquartered in California, Montecito Bank & Trust is the 41st largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets fell 0.9% to $2.02B, loans fell 0.3% and deposits fell 3.6%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 27.2% of total loans, followed by non-owner-occupied commercial real estate loans at 22.3%. The FDIC Summary of Deposits lists 16 offices for it, in 10 cities in CA; its Santa Barbara 5 offices book 33% of its branch deposits. By the capital ratios in its Q2 2026 call report, Montecito Bank & Trust meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 1000 State St, Santa Barbara, CA 93101
- County
- Santa Barbara
- Metro Area
- Santa Maria-Santa Barbara, CA
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- San Francisco (Region 14)
- Federal Reserve member
- No
- Federal Reserve district
- District 12, San Francisco
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- March 17, 1975
- Former names
- The Bank of Montecito (1978-1996)
- Domestic offices
- 17 FDIC institution directory, current count
- Employees (FTE)
- 266
- Domestic deposits
- $1.73B
- Allowance for credit losses
- $13.4M
- Net charge-offs (YTD)
- $142K
- Average total assets
- $2.11B
- Average total loans
- $1.44B
- Average interest-bearing deposits
- $1.07B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- March 17, 1975
- FDIC Cert
- 21956
- Fed RSSD
- 514066
- Website
- www.montecito.bank →
- Parent Holding Company
- MONTECITO BANCORP (RSSD 1138919)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Montecito Bank & Trust reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Montecito Bank & Trust's total assets moved between a low of $2.02B (Q2 2026) and a high of $2.14B (Q1 2025) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$2.02B total assets against $2.13B; $1.83B total liabilities against $1.96B.
$1.37B net loans and leases against $1.32B; $1.73B total deposits against $1.88B.
$482.2M securities against $619.0M; $26.2M cash and balances due against $48.3M.
$21.5M total interest income against $21.6M; $3.3M total interest expense against $5.1M.
$18.2M net interest income against $16.6M.
$3.8M total noninterest income against $3.4M; $18.2M total noninterest expense against $17.2M.
No provision recorded in the last 12 quarters.
$2.8M net income against $2.1M.
0.52% return on assets against 0.37%; 3.60% net interest margin against 3.21%.
11.29% tier 1 leverage ratio against 10.30%.
Inside the full Montecito Bank & Trust terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Montecito Bank & Trust rankings
Its closest position to the top of a national ranking is 593 of 4,196, for total assets; its furthest is 3,313 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.13% (Q4 2024) to 0.63% (Q1 2026) and its net interest margin ran from 3.03% (Q4 2024) to 3.73% (Q1 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.29% | 0.52% | 0.17% | 1.19% | 3.60% |
| Q1 2026 | 11.07% | 0.63% | 0.16% | 1.14% | 3.73% |
| Q4 2025 | 10.74% | 0.50% | 0.23% | 1.65% | 3.55% |
| Q3 2025 | 10.48% | 0.62% | 0.24% | 1.72% | 3.45% |
| Q2 2025 | 10.30% | 0.37% | 0.19% | 1.44% | 3.21% |
| Q1 2025 | 10.19% | 0.22% | 0.20% | 1.52% | 3.03% |
| Q4 2024 | 10.15% | 0.13% | 0.27% | 2.03% | 3.03% |
| Q3 2024 | 10.16% | 0.42% | 0.29% | 1.97% | 3.05% |
Swipe the table sideways to see every column.
Branch Network
View all 16 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Montecito Bank & Trust (main office) | Santa Barbara , CA | 93101 | $311.3M |
| Montecito Branch | Montecito , CA | 93108 | $260.3M |
| Solvang Branch | Solvang , CA | 93463 | $242.8M |
| La Cumbre Branch | Santa Barbara , CA | 93105 | $181.1M |
| Goleta Branch | Goleta , CA | 93117 | $160.1M |
| Carpinteria Branch | Carpinteria , CA | 93013 | $146.6M |
| Ventura Branch | Ventura , CA | 93003 | $133.6M |
| Hollister Branch | Goleta , CA | 93117 | $72.0M |
| Westlake Branch | Westlake Village , CA | 91362 | $69.2M |
| Mesa Branch | Santa Barbara , CA | 93109 | $66.6M |
| Camarillo Branch | Camarillo , CA | 93010 | $37.5M |
| Oxnard Branch | Oxnard , CA | 93036 | $18.5M |
| Santa Maria Branch | Santa Maria , CA | 93454 | $17.4M |
| Casa Dorinda | Montecito , CA | 93108 | $5.3M |
| Samarkand | Santa Barbara , CA | 93105 | $4.5M |
| Maravilla | Santa Barbara , CA | 93111 | $3.0M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| October 1, 2001 | M&A | Acquired Valley Oaks National Bank merger for the acquired bank | SEC |
| October 1, 2001 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 1, 2001 | Structure Change | Acquired Valley Oaks National Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 3 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in CA, rank 67 of 164 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 140 applications, 82 loans originated, $61.4M originated, across 1 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 3 loans, $475K approved, $158K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Montecito Bank & Trust
What are Montecito Bank & Trust's total assets?
As of the Q2 2026 filing, Montecito Bank & Trust reported total assets of $2.02 billion in its FFIEC call report.
Where is Montecito Bank & Trust headquartered?
It is headquartered in Santa Barbara, CA, United States.
When was Montecito Bank & Trust founded?
It was established in 1975, per the FDIC institution directory.
Is Montecito Bank & Trust FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #21956). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Montecito Bank & Trust?
Montecito Bank & Trust's primary federal regulator is the FDIC.
How many branches does Montecito Bank & Trust operate?
It operates 17 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Montecito Bank & Trust's Texas Ratio?
Its Texas Ratio is 1.19% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was Montecito Bank & Trust previously called?
The charter now named Montecito Bank & Trust has also operated as The Bank of Montecito (1978-1996), per FDIC structure-change records.
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