Top Stories
Santa Maria Branch Opening and Staffed with Local Leadership
November 18, 2022
Montecito Bank & Trust has received FDIC approval to open their 15th branch in Santa Maria. Read more
November 18, 2022
Montecito Bank & Trust has received FDIC approval to open their 15th branch in Santa Maria. Read more
On Wednesday evening, Montecito Bank & Trust celebrated its 48th anniversary the same way it has since 1993, by gathering with local nonprofit representatives at the annual Anniversary Grants reception.
03-15-2023
Montecito Bank & Trust reported net income of $18.27 million, an increase of 4.22% year-over-year, while assets closed the year at $2.29 billion, down 2.8% or $65.95 million.
01-30-2023
Montecito Bank & Trust kicked off the holiday season as it has for the last 20 years, with the special annual tradition of the Community Dividends awards luncheon.
11-21-2022
Montecito Bank & Trust has received FDIC approval to open their 15th branch in Santa Maria.
11-18-2022
Montecito Bank & Trust reported total assets grew $276.45 million, an increase of 12.65% during the 12-month period ending June 30, closing at $2.46 billion.
08-05-2022
Montecito Bank & Trust is increasing the number of team members in their Wealth Management division to support the multi-year, double-digit growth of their wealth management business.
06-17-2022
Local nonprofit representatives joined Montecito Bank & Trust employees at the annual Anniversary Grants reception Thursday evening in honor of the Bank’s 47th anniversary.
05-11-2022
Montecito Bank & Trust reported total assets grew $302.45 million, an increase of 14.43% during the 12-month period ending March 31, closing at $2.39 billion.
05-02-2022
Montecito Bank & Trust reports record income and strong asset growth to close out 2021 with $2.35 billion in assets
01-27-2022
Montecito Bank & Trust kicked off the holiday season with the special annual tradition of the Community Dividends awards luncheon.
12-01-2021
Montecito Bank & Trust reports 21% asset growth and 24% deposit growth year-over-year
11-01-2021
09-03-2021
08-16-2021
Montecito Bank & Trust reported total assets grew $493.38 million
05-06-2021
Thomas Fisher will succeed Peter Madlem as Montecito Bank & Trust’s Chief Investment Officer
04-02-2021
Montecito Bank & Trust reports strong asset growth to close out 2020 with $1.95 billion in assets
02-05-2021
The Second PPP is here, and once again Montecito Bank & Trust is accepting applications and "Ready to help the community until the money runs out."
01-28-2021
$25,000 donation and additional $25,000 associate matching fund support the fight against racism and inequality
06-19-2020
Montecito Bank & Trust secures PPP funds for 141 Santa Ynez Valley businesses
05-05-2020
Montecito Bank & Trust assets grow 6.10% in Q1 2020
05-04-2020
The safety and well-being of our associates, our clients and our communities is paramount
03-13-2020
Montecito Bank & Trust assets grow to $1.6 billion in 2019
02-08-2020
Annual effort benefits 188 nonprofit organizations in Santa Barbara and Ventura counties
12-23-2019
188 Local Nonprofits Share in over $1 Million
11-29-2019
By working with local housing authorities to finance acquisitions and rehabilitation projects, bank helps strengthen communities it serves
09-07-2019
With proliferation of scams and fraud, bank steps up efforts to educate and keep clients informed of risks and prepared to recognize warning signs
08-31-2019
With online scams a growing threat, bank provides training and recommendations to protect against dangers
08-24-2019
Students and adults alike benefit from training and resources that create safer communities, successful school curricula
08-17-2019
Montecito Bank & Trust reported total assets grew to $1.54 billion, a 10.8% growth during the 12-month period ending June 30.
08-12-2019
Montecito Bank & Trust reported total assets grew 7.9% or $110.3 million during the 12-month period ending March 31, closing at $1.5 billion, with loan growth of 7.4% year-over-year, ending the first quarter at $957.0 million.
04-26-2019
Montecito Bank & Trust is pleased to announce that Tom Fisher has joined the bank as senior vice president and senior portfolio manager, reporting to Peter Madlem, chief investment officer
03-23-2019
Montecito Bank & Trust reported strong net income of $20.8 million for the year ending 12/31/2018, up 15.2% versus prior year
02-05-2019
Montecito Bank & Trust reported strong year to date net income of $17.5 million, up 43% versus prior year, a one-time deferred tax adjustment contributed to the net income; net income before taxes grew 8.6% to $13.7 million
10-25-2018
Montecito Bank & Trust is pleased to announce the appointment of two new members to its Board of Directors, Christine Garvey and George Leis.
08-07-2018
Montecito Bank & Trust reported strong earnings year to date of $13.0 million, up 61% versus prior year, a one-time deferred tax adjustment contributed to the net income; the Bank’s net income before taxes grew 7.8% to $9.0 million
07-26-2018
Montecito Bank & Trust reported total assets grew 5.6% to $74.8 million during the 12-month period, closing at $1.40 billion, with loan growth of 1.6% year-over-year, ending the first quarter at $891.2 million.
04-26-2018
Local nonprofit representatives joined Montecito Bank & Trust employees at the bank’s annual Anniversary Grants reception Thursday evening.
03-16-2018
Montecito Bank & Trust reported total assets grew $56.5 million during the 12-month period, closing at $1.4 billion, with loan growth of 5% year-over-year, ending the year at $912.3 million.
02-08-2018
Vol. 90, No. 75
05-22-2023
Vol. 90, No. 67
05-08-2023
Vol. 90, No. 61
04-24-2023
Vol. 90, No. 52
04-10-2023
Vol. 90, No. 47
03-27-2023
Vol. 90, No. 40
03-13-2023
02-27-2023
02-13-2023
01-30-2023
01-16-2023
01-02-2023
12-19-2022
12-05-2022
11-21-2022
11-07-2022
10-24-2022
10-10-2022
09-26-2022
09-12-2022
08-29-2022
08-15-2022
08-01-2022
07-18-2022
07-04-2022
06-20-2022
06-06-2022
05-23-2022
05-09-2022
04-25-2022
04-11-2022
03-28-2022
03-14-2022
02-28-2022
02-14-2022
01-31-2022
01-17-2022
01-03-2022
12-20-2021
12-06-2021
11-22-2021
11-08-2021
10-25-2021
10-11-2021
09-27-2021
09-13-2021
08-30-2021
08-16-2021
08-02-2021
07-19-2021
07-05-2021
06-21-2021
06-07-2021
05-24-2021
05-10-2021
04-26-2021
04-12-2021
03-29-2021
03-15-2021
03-01-2021
02-15-2021
02-01-2021
01-18-2021
01-04-2021
12-21-2020
11-23-2020
11-09-2020
10-26-2020
10-13-2020
09-28-2020
09-14-2020
08-31-2020
08-17-2020
08-03-2020
07-06-2020
06-22-2020
06-08-2020
REOPENING OPTIMISM
05-01-2020
HOPE FOR THE FUTURE
04-20-2020
A BRIDGE TO THE OTHER SIDE
04-20-2020
STAY THE COURSE
03-24-2020
LOOKING FOR A BOTTOM
03-01-2020
U.S. ECONOMY'S PROMISING END TO 2019
12-19-2019
MODERATING GROWTH AMID TRADE WORRIES
12-16-2019
OCTOBER DATA SHOWS A SLOWING BUT GROWING ECONOMY
11-13-2019
ECONOMIC DATA IMPROVES IN SEPTEMBER
10-15-2019
MIXED U.S. ECONOMIC DATA IN AUGUST
09-12-2019
CONSUMERS PROPEL U.S. ECONOMY IN JULY
08-13-2019
U.S. ECONOMY MODERATES, FED SHIFTS IN JUNE
07-15-2019
SIGNS OF ECONOMIC RESILIENCE IN MAY
06-13-2019
STOCKS REBOUND AMID MIXED ECONOMIC SIGNAL
05-13-2019
GREEN SHOOTS IN APRIL ECONOMIC DATA
04-30-2019
MIXED ECONOMIC SIGNALS CONTINUE IN MARCH
04-12-2019
SOUND ECONOMIC DATA IN FEBRUARY AMID GLOBAL UNCERTAINTY
03-15-2019
SOLID ECONOMY, BUT RISING UNCERTAINTY IN JANUARY REPORTS
02-14-2019
SIGNS OF STRONG U.S. ECONOMY CLOUDED BY MARKET VOLATILITY
01-14-2019
ECONOMIC DATA IMPROVES, TRADE WEIGHS ON BUSINESSES
12-18-2018
SOLID ECONOMIC GROWTH, MANAGEABLE INFLATION
11-15-2018
ROBUST SEPTEMBER ECONOMIC DATA, AS FED HIKES RATES
10-16-2018
ECONOMIC REPORTS SOLID IN AUGUST DESPITE TRADE TENSIONS
09-13-2018
U.S. GROWTH ACCELERATES
08-14-2018
EVIDENCE OF A PICKUP IN U.S. GROWTH
07-17-2018
EVIDENCE OF A PICKUP IN U.S. GROWTH
06-12-2018
CONTINUED STEADY BUT SLIGHTLY SLOWER GROWTH
05-10-2018
SOLID ECONOMY OVERSHADOWED BY TRADE TENSIONS
04-12-2018
STEADY GROWTH WITH HIGHER INFLATION
03-13-2018
ECONOMY: ON SOLID FOOTING AS 2018 BEGAN
02-20-2018
DECEMBER DATA POINT TO CONTINUED STEADY GROWTH
01-12-2018
Highlights of the SECURE Act 2.0
05-19-2023
Treasury’s “Green Book” Explains Tax Hikes Proposed for 2024
02-01-2023
SECURE 2.0
01-10-2023
Planning for Non-Fungible Tokens and Metaverse Assets
12-01-2022
Five Years for Claiming Portability
09-27-2022
The Strategic Objectives of Retirement: How to Set the Stage for Retirement Investing & Legacy Success
07-31-2022
New Grantor Trust Rules Coming?
06-20-2022
Human Aspects of Estate Planning
04-29-2022
The Future Taxpayer Experience
03-31-2022
“What You Do [With Me] When I’m Gone” Controlling Body Disposition: The Law and the Macabre
01-31-2022
BBB in the Home Stretch
12-29-2021
Progress Toward Tax Reform
11-18-2021
Trustee Bootcamp: Checklist for the New Trustee
10-25-2021
The House Ways and Means Committee released proposed tax increases totaling $2.18 trillion
09-30-2021
08-26-2021
Directed Trusts
07-23-2021
Green Book Clarifications
06-30-2021
JCT Overview of Taxation of Wealth and High Incomes
05-01-2021
How to Administer Your Irrevocable Trust
04-01-2021
The Biden Administration’s Coming Tax Hike
03-01-2021
COVID-19, e-Wills, and the Estate Planner
01-27-2021
Inflation Adjustments
12-28-2020
The "Perfect Storm" for Estate Planning
12-01-2020
Survey: Possible Tax Changes and What To Do About Them
11-04-2020
Mars Estate Dispute
09-21-2020
Use It or Lose It?
08-24-2020
The Uniform Partition of Heirs Property Act: What Estate Planners Need to Know
07-17-2020
Paycheck Protection Program Fix Passed
06-16-2020
The New Paradigm for Retirement Savings
04-30-2020
Letters of Transit
03-01-2020
Estate Planning Bonanza?
02-20-2020
Cryptocurrency - What Estate Planners Need to Know
01-17-2020
Unified Transfer Tax Credit Up Again
12-19-2019
SECURE Act still stuck
11-15-2019
Electronic wills– What estate planners need to know
10-15-2019
Uncashed check is taxable
09-12-2019
State taxes on trusts under fire
08-16-2019
Better Estate Planning
07-18-2019
SECURE hits a snag, Taxpayer First Act passed
06-18-2019
Retirement savings legislation, no deduction for taxes not paid
05-23-2019
Modern families, Incapacity Planning
05-03-2019
Hope springs eternal - Death Tax
03-15-2019
Extension of time for portability election
02-14-2019
Lady Bird and Transfer on Death Deeds
01-14-2019
Prospects Dim for Technical Corrections
12-18-2018
Middle-Class Tax Cut?
11-30-2018
Modern trust drafting and planning
10-16-2018
Inheritance protection and divorce
09-17-2018
Executor's fees remain deductible
08-20-2018
Living trusts - making a wise decision
07-20-2018
Newman’s Own tax exception
06-25-2018
The next tax reform
05-22-2018
Trust Drafting After the Tax Cuts and Jobs Act of 2017
04-12-2018
New 2018 unified credit
03-13-2018
The “new” estate tax
02-20-2018
Digital assets— A guide to planning and administration
01-24-2018