SBKO News Alert Summit Bank [Or] (SBKO) 13.9000 02/15/2015 1
Post# of 64074
Summit Bank Reports 4th Quarter Earnings
PR Newswire - Fri Feb 06, 8:00AM CST
Summit Bank (OTCBB: SBKO) reported net income for the fourth quarter of $675 thousand or 30 cents per fully diluted share, up 24% from last year. Earnings for the comparable period one year ago were $544 thousand or 27 cents per fully diluted share. Fiscal year earnings for 2014 were $2.4 million or $1.10 per fully diluted share, up 67% compared to $1.4 million or $0.69 cents per share for fiscal year 2013. Year to date return on average assets and return on average equity were 1.4 percent and 15.5 percent, respectively.
Summit Bank Reports 3rd Quarter Earnings
Business Wire - Wed Oct 15, 4:00PM CDT
Summit Bank (OTCBB:SBKO) reported net income for the third quarter of $621 thousand or 28 cents per fully diluted share, an increase of 32 percent over the third quarter of 2013. Earnings for the comparable period one year ago were $471 thousand, or 23 cents per fully diluted share. Year to date earnings for 2014 were $1.7 million, or 79 cents per fully diluted share, compared to 44 cents per share for the same period in 2013. Year to date return on average assets and return on average equity were 1.4 percent and 15.2 percent, respectively. Fully diluted earnings per share for the trailing four quarters totaled $1.07.