|
 |
|
|
 Summit Community Bank, Inc
Summit Community Bank, Inc
| RSSD ID 2372774 | CERTIFICATE 34102 | ABA NUMBER 52202225 |
| 310 N Main St |
Quarter Ended : |
2024-03-31 |
| Moorefield, West Virginia, 26836 |
Updated : |
2024-05-08 |
| mysummit.com |
|
| Institution Profile |
| Year Opened : |
1995 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
041 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
57 |
Number of Employees : |
487 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 4,633,672 |
|
Total Interest Income | 65,447 |
| Total Liabilities | 4,087,865 |
|
Total NonInterest Income | 5,119 |
| Total Bank Equity Capital | 545,807 |
|
Total Interest Expense | 24,099 |
| Total Deposits | 3,778,807 |
|
Total NonInterest Expense | 22,736 |
| Net Loans & Leases | 3,647,810 |
|
Net Income | 18,328 |
| Loan Loss Allowance | 49,232 |
|
Net Charge Offs | (93) |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Total capital | 539,145 |
|
Total loans | 3,691,215 |
| Total assets for the leverage ratio | 4,599,548 |
|
Loans secured by real estate: | 3,015,067 |
| Tier 1 Leverage Ratio | 10.62 |
|
Commercial and industrial loans | 443,497 |
| Tier 1 Capital Ratio | 12.02 |
|
Loans to individuals - Credit Cards | 1,508 |
| Total Capital Ratio | 13.27 |
|
Loans to individuals - Other | 43,432 |
|
|
|
|
:· Summit Community Bank, Inc
