Summit State Bank
Major Rating Factors:
Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.7 has resulted in Fair (3.4) profitability. A current level of 21.0 percent of nonperforming loans to core capital combined with 22.6 percent from a year earlier contributes to the Weak asset quality (2.0).
Other Rating Factors:
Excellent current capitalization (9.1 on a scale of 0 to 10) based on a risk-based capital ratio of 13.7 and a capital leverage ratio of 10.4. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.8 on a scale of 0 to 10).
Asset Mix:
Comm re (63%), cash (7%), securities (7%), comm loans (6%), home mtgs (5%), consumer loans (0%), other (13%)
States with Branches:
CA
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Investment Rating
--
Address
500 Bicentennial Way
Santa Rosa, CA 95403
Santa Rosa, CA 95403
Phone Number
(707) 568-6000
Year Founded
1982
FDIC Number
Website
Largest Affiliates
No affiliate information available.