Summit Bank Group, Inc. (SBKO) Summit Bank Group, Inc., together with its subsidiaries, commercial banking, financing, real estate lending, and other services in Lane, Deschutes, Multnomah, and Washington counties in Oregon. It accepts various deposit products; certificate of deposit and money market accounts; and offers loan products, including commercial real estate, multi-family real estate, commercial and industrial, and secured and unsecured consumer loans, as well as real estate acquisition, development, and construction loans. The company also provides retail lockbox, online and mobile banking, remote deposit capture, and debit and credit card services. The company was founded in 2004 and is based in Eugene, Oregon.
Sector: Banks - Regional
Industry: Banks - Regional
Summit Bank Group, Inc. OTC:SBKO Financial Services · Banks - Regional
All Press Release SEC Filings News
Press Release ⚠ 2
Summit Bank Group Reports Record Quarterly Earnings in 3rd Quarter of 2026
Summit Bank Group reported record Q3 2026 net income of $4.65 million, or $0.58 per fully diluted share, up 16.5% year-over-year.
Year-to-date diluted EPS rose 29.3% to $1.68, with net loans up $52.9 million (4.8%) and deposits up $65.4 million (5.7%) YoY; the deposit mix shifted toward demand and money market balances as CDs declined.
The balance sheet remains highly liquid, with $199.6 million of cash and short-term securities (14.5% of assets) plus $411 million of available secured borrowing, covering an estimated 144% of uninsured deposits.
Asset quality is clean, with non-performing assets at just 0.43% of assets, mostly SBA-guaranteed, and capital strong at a 13.0% Tier 1 ratio.
• 7d ago AI analysis › Press Release
Summit Bank Group Reports 2026 2nd Quarter Earnings
Summit Bank Group reported Q2 2026 net income of $4.13 million, or $0.52 per fully diluted share, representing a 24.1% increase over the prior year. Year-to-date earnings per share grew 37.4%, driven by a $1.0 million increase in net interest income and improved provisions for loan losses.
The bank achieved balanced growth with net loans and deposits both increasing approximately 5.5% year-over-year. Liquidity remains robust, with cash and securities totaling $153.5 million and total available secured borrowing capacity reaching $378 million.
Asset quality improved during the quarter as non-performing assets fell to 0.46% of total assets, down from 0.54% in the previous quarter. Return on average equity was 12.5% for the quarter.
• 3mo ago AI analysis › Press Release ● Major ⚠ 1
Summit Bank Group Reports 2026 1st Quarter Earnings
Summit Bank Group reported record first-quarter net income of $4.56 million, or $0.58 per share, representing a 54% increase over the prior year.
The balance sheet showed balanced growth with net loans up 5% and deposits up 4.3% year-over-year, while liquidity remained robust at $500 million in cash and available borrowing.
Asset quality metrics showed non-performing assets rising to 0.54% of total assets, though the bank notes these are mostly SBA-guaranteed, reducing net exposure to 0.15%.
• 5mo ago AI analysis ›