Santa Barbara-based Montecito Bank & Trust reported net income of $7.2 million in the second quarter, down $800,000 from the same period last year.

The bank reported 13.6 percent year-over-year loan growth, ending the quarter at $752 million. Total deposit growth was up 3.3 percent from the second quarter of 2015 while total assets grew $71.5 million to $1.3 billion.

MB&T’s total risk-based capital remained at 13 percent.

“We are encouraged by the continuing strong loan demand in our local markets,” President and CEO Janet Garufis said in a news release. “Santa Barbara and Ventura County residents and business owners are taking the necessary steps to grow and invest in their future success, and we are proud to be the local business banking partner who facilitates that growth.”

The 41-year-old Montecito Bank & Trust, an S Corporation, is the oldest and largest locally owned community bank in Santa Barbara and Ventura counties. It has branches in Santa Barbara, Goleta, Solvang, Montecito, Carpinteria, Ventura, Camarillo and Westlake Village.

• Contact Alex Kacik at akacik@pacbiztimes.com.