Briefs



Montecito growth
Montecito Bank & Trust reported 13.6 percent year-over-year loan growth, ending the quarter at $752 million, company officials said.
Total assets for the bank grew $71.5 million during the same 12-month period, closing at $1.3 billion. Total deposit growth was flat versus prior quarter and up 3.3 percent year over year, with a total of $1.1 billion.
Year-to-date net income of $7.2 million was down $800,000 compared to the same period in 2015, which included a $1.7 million ...

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