Summit State Bank (Summit State Bank) Total Stockholders Equity : $97.88 Mil (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Summit State Bank Total Stockholders Equity?

Summit State Bank's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $97.88 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Summit State Bank's Book Value per Share for the quarter that ended in Mar. 2024 was $14.43. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Summit State Bank's Debt-to-Equity for the quarter that ended in Mar. 2024 was 0.35.

Summit State Bank Total Stockholders Equity Historical Data

The historical data trend for Summit State Bank's Total Stockholders Equity 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.

* Premium members only.

Summit State Bank Total Stockholders Equity Chart

Summit State Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Stockholders Equity

Get a 7-Day Free Trial

67.34

75.63

84.28

88.55

97.68

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
Total Stockholders Equity	Get a 7-Day Free Trial															-	94.44	93.44	97.68	97.88

Summit State Bank (NAS:SSBI) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Summit State Bank's Book Value per Share for the quarter that ended in Mar. 2024 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(97.878	-	0)	/	6.7841
	=	14.43

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Summit State Bank's Debt-to-Equity for the quarter that ended in Mar. 2024 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	34.524)	/	97.878
	=	0.35

Summit State Bank Total Stockholders Equity Related Terms

Thank you for viewing the detailed overview of Summit State Bank's Total Stockholders Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Summit State Bank (Summit State Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Summit State Bank (NAS:SSBI) » Definitions » Total Stockholders Equity

Comparable Companies

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).