Summit State Bank Ranks #18 on American Banker Magazine’s Top 200 Publicly Traded Community Banks list
2023年6月21日 - 5:00AM
Summit State Bank (Nasdaq: SSBI) announced that the bank has once
again been named to American Banker Magazine’s Top 200 Publicly
Traded Community Banks list. In its June 12, 2023 article, American
Banker ranked Summit State Bank 18th on its Top 200 Publicly Traded
Community Banks list based on three-year average return on equity
(“ROE”) as of 12/31/22 (Source: Capital Performance Group). The
rankings include publicly-traded banks with less than $2 billion in
assets.
“We are honored to have made American Banker’s
Top 200 list,” said Brian Reed, President and CEO. “Being listed in
the Top 200 is a validation of our success in focusing on strong
relationships with our clients and communities.”
About Summit State Bank
Founded in 1982 and headquartered in Sonoma County, Summit State
Bank, is an award-winning community bank serving the North Bay. The
Bank serves small businesses, nonprofits and the community, with
total assets of $1,147 billion and total equity of $93 million as
of March 31, 2023. The Bank has built its reputation over the past
40 years by specializing in providing exceptional customer service
and customized financial solutions to aid in the success of its
customers.
Summit State Bank is dedicated to investing in and celebrating
the diverse backgrounds, cultures and talents of its employees to
create high performance and support the evolving needs of its
customers and community it serves. The Bank has been consistently
recognized for its achievements and has been awarded Best Places to
Work in the North Bay, Top Community Bank Loan Producer, Raymond
James Bankers Cup, Super Premier Performing Bank, and the Piper
Sandler SM-ALL Star Award. For more information, visit
www.summitstatebank.com.
Forward-looking Statements
The financial results in this release are
preliminary. Final financial results and other disclosures will be
reported in Summit State Bank’s quarterly report on Form 10-Q for
the period ended March 31, 2023 and may differ materially from the
results and disclosures in this release due to, among other things,
the completion of final review procedures, the occurrence of
subsequent events or the discovery of additional information.
Except for historical information contained
herein, the statements contained in this news release, are
forward-looking statements within the meaning of the “safe harbor”
provisions of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. This release may contain forward-looking statements that
are subject to risks and uncertainties. Such risks and
uncertainties may include but are not necessarily limited to
fluctuations in interest rates, inflation, government regulations
and general economic conditions, and competition within the
business areas in which the Bank will be conducting its operations,
including the real estate market in California and other factors
beyond the Bank’s control. Such risks and uncertainties could cause
results for subsequent interim periods or for the entire year to
differ materially from those indicated. You should not place undue
reliance on the forward-looking statements, which reflect
management’s view only as of the date hereof. The Bank undertakes
no obligation to publicly revise these forward-looking statements
to reflect subsequent events or circumstances.
Contact: Brian Reed, President and CEO,
Summit State Bank (707) 568-4908
Summit State Bank (NASDAQ:SSBI)
過去 株価チャート
から 11 2024 まで 12 2024
Summit State Bank (NASDAQ:SSBI)
過去 株価チャート
から 12 2023 まで 12 2024