Summit Bank Group, Inc.

SBKO

US86603R1005

Banks

Market Closed - OTC Markets Other stock markets 03:05:11 2024-04-26 pm EDT			5-day change	1st Jan Change
11 ^USD	0.00%		+3.77%	-3.51%

Apr. 03	Summit Bank Group Inc. Announces Transition of Scott Goldstein from Chief Financial Officer to Balance Sheet Risk Officer	CI
Apr. 03	Summit Bank Announces Chief Financial Officer Changes	CI

Summit Bank Group, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023

July 19, 2023 at 06:00 am EDT

Summit Bank Group, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 11.24 million. Net income was USD 2.48 million. Basic earnings per share from continuing operations was USD 0.32. Diluted earnings per share from continuing operations was USD 0.32.
For the six months, net interest income was USD 22.18 million compared to USD 18.71 million a year ago. Net income was USD 4.8 million compared to USD 6.15 million a year ago. Basic earnings per share from continuing operations was USD 0.63 compared to USD 0.81 a year ago. Diluted earnings per share from continuing operations was USD 0.62 compared to USD 0.8 a year ago.

Latest news about Summit Bank Group, Inc.

Summit Bank Group Inc. Announces Transition of Scott Goldstein from Chief Financial Officer to Balance Sheet Risk Officer	Apr. 03	CI
Summit Bank Announces Chief Financial Officer Changes	Apr. 03	CI
Summit Bank Group, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 24	CI
Summit Bank Group, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Jan. 24	CI
Summit Bank Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-18	CI
Summit Bank Group, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-07-19	CI
Summit Bank Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-12	CI
Summit Bank Appoints Greg Oakes as Senior Vice President and Team Leader	23-02-01	CI
Summit Bank Grows its Presence in Portland Market and Expands into Washington County with New Office	23-02-01	CI
Summit Bank Group, Inc. Appoints Jamie Moffitt to the Board of Directors	23-01-31	CI
Summit Bank Group, Inc. Reports Earnings Results for the Full Year Ended December 31, 2022	23-01-25	CI
Summit Bank Group, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2022	23-01-25	CI
Summit Bank Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-10-19	CI
Summit Bank Appoints Zak Sundsten as Senior Vice President, Business Client Advisor for the Central Oregon Office	22-10-05	CI
Summit Bank Group, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-07-27	CI
Summit Bank Group, Inc. Announces Promotion of Matt Dynice as Senior Vice President, Credit Administrator	22-06-29	CI
Summit Bank Group, Inc. Announces Promotion of Brian Thomas as Senior Vice President and Commercial Banking Team Lead	22-05-24	CI
Summit Bank Appoints Stacy Koos as Senior Vice President and Market Development Officer for the Eugene/Springfield Region	22-05-23	CI
Summit Bank Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022	22-04-20	CI
Summit Bank Group, Inc. Hires Aaron Walker as Chief Credit Officer	22-04-05	CI
Summit Bank Group, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2021	22-01-26	CI
Summit Bank Group, Inc. Reports Earnings Results for the Full Year Ended December 31, 2021	22-01-26	CI
Summit Bank Group, Inc. announced a financing transaction	21-12-30	CI
Summit Bank Group, Inc. announced that it has received $20 million in funding	21-12-05	CI
Summit Bank Group, Inc. announced that it expects to receive $20 million in funding	21-11-18	CI

Chart Summit Bank Group, Inc.

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Company Profile

Summit Bank is an independent community bank. The Bank provides personalized service and professional banking advice. It provides commercial banking, financing, real estate lending and other services primarily in Lane, Deschutes and Multnomah Counties in Oregon. The Bank's personal banking services include loans, such as home equity lines of credit, personal lines of credit, professional lines of credit, and auto, boat and recreational vehicle (RV) loans. The Bank offers a range of deposits for businesses. It provides a full range of deposit services for business, including customer service, customized business online banking, business mobile banking, automated clearing house (ACH) and wire transfers, remote deposit service, business visa debit card with automated teller machine (ATM) access, corporate credit cards, courier services and lockbox. The Bank's deposits include noninterest-bearing demand deposits, savings and interest-bearing demand deposits, and time deposits.

Sector

Banks

Calendar

2024-07-16 - Q2 2024 Earnings Release (Projected)

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