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Summit Bank, Financial Information

About Summit Bank

 Address:
101 West 23rd Street
Panama City, FL
Bay County, Florida
 Established:
Apr 2008
 Number of domestic offices:
4
Total assets$227M
Net income$2M
Net income, quarterly$1M
Total deposits$187M
Domestic deposits$187M
Equity capital$27M
ROA1.04%
ROAQ, quarterly1.87%
ROA, pretax1.87%
ROAQ, quarterly, pretax2.96%
ROE9.43%
ROEQ, quarterly16.39%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Historical Data