Summit State Bank (Summit State Bank) Net Loan : $917.69 Mil (As of Mar. 2024)

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What is Summit State Bank Net Loan?

Summit State Bank's quarterly net loan increased from Sep. 2023 ($932.23 Mil) to Dec. 2023 ($938.63 Mil) but then declined from Dec. 2023 ($938.63 Mil) to Mar. 2024 ($917.69 Mil).

Summit State Bank's annual net loan increased from Dec. 2021 ($820.99 Mil) to Dec. 2022 ($938.63 Mil) and increased from Dec. 2022 ($938.63 Mil) to Dec. 2023 ($917.69 Mil).

Summit State Bank Net Loan Historical Data

The historical data trend for Summit State Bank's Net Loan 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 Net Loan Chart

Summit State Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Loan

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576.55

745.94

820.99

913.71

938.63

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
Net Loan	Get a 7-Day Free Trial															-	924.81	932.23	938.63	917.69

Summit State Bank Net Loan Calculation

Total loans on banks' book. These are the fund that banks have lent out. The loans contribute to banks' income. Some borrower of the loans may stop paying their payment. In this case, the loan is called non-performing loans.

Loans can be divided into residential loans, commercial loans or consumer loans. Peter Lynch loved

Summit State Bank (Summit State Bank) Business Description

Industry

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Traded in Other Exchanges

N/A

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).