Summit State Bank (Summit State Bank) Accounts Payable & Accrued Expense : $0.00 Mil (As of Mar. 2024)

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What is Summit State Bank Accounts Payable & Accrued Expense?

Summit State Bank's quarterly accounts payable & accrued expense declined from Sep. 2023 ($7.55 Mil) to Dec. 2023 ($0.00 Mil) but then stayed the same from Dec. 2023 ($0.00 Mil) to Mar. 2024 ($0.00 Mil).

Summit State Bank's annual accounts payable & accrued expense increased from Dec. 2021 ($5.32 Mil) to Dec. 2022 ($12.56 Mil) but then declined from Dec. 2022 ($12.56 Mil) to Dec. 2023 ($0.00 Mil).

Summit State Bank Accounts Payable & Accrued Expense Historical Data

The historical data trend for Summit State Bank's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Summit State Bank Accounts Payable & Accrued Expense Chart

Summit State Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3.34

4.55

5.32

12.56

Summit State Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	8.31	7.55	-	-

Summit State Bank Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Summit State Bank (Summit State Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Summit State Bank (NAS:SSBI) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

500 Bicentennial Way, Santa Rosa, CA, USA, 95403

Website

https://www.summitstatebank.com

Summit State Bank is a state-chartered commercial bank operating a traditional community banking business within the primary service area of Sonoma County in California, however, it also considers and makes loans to borrowers primarily from Marin, Napa, and San Francisco counties. The bank provides a broad array of financial services to small to medium-sized businesses and their owners and employees, entrepreneurs, high-net-worth families, foundations, estates, and individual consumers. Its lending activities are primarily focused on commercial real estate, construction, and business loans to targeted clientele. The bank also has loan production offices in California (Roseville, Irvine, and Tustin), Arizona (Scottsdale), Texas (Montgomery), and Washington (Mukilteo).