Summit Bank [Or] (SBKO) 15.0000 $SBKO
Summit Bank declares offering of USD2m common stock
M2 - Mon Jun 01, 9:05AM CDT
The bank of directors of Summit Bank (OTCBB:SBKO) unanimously approved an offering of USD2m common stock, the company stated on Thursday.
Summit Bank Announces Stock Offering
Business Wire - Fri May 29, 8:00AM CDT
Summit Bank (OTCBB:SBKO) announced that the Board of Directors unanimously approved a $2 million offering of common stock. The additional capital will support growth in both the Eugene - Springfield market area as well as our new Central Oregon market area. The Offering will be available to all shareholders and the general public as of June 1, 2015 and is expected to close at 5:00 PM PT on July 27, 2015. The Offering Circular contains important details and disclosures regarding the offering, and may be accessed via Summit's website at:
Summit Bank Reports 1st Quarter Earnings
Business Wire - Thu Apr 23, 8:00AM CDT
Summit Bank (OTCBB:SBKO) reported net income for the first quarter of $569,000 or 26 cents per fully diluted share. Earnings for the comparable period one year ago were $424,000 or 20 cents per fully diluted share. First quarter 2015 net interest income of $2.3 million represents a 23.6 percent improvement over first quarter 2014 net interest income of $1.9 million. Non-interest income increased from $136 thousand to $222 thousand and managed growth of expenses from $1.2 million to $1.4 million generated the 30 percent increase in net income per share. Fully diluted earnings per share for the trailing four quarters totaled $1.16.
Summit Bank declares intent to open new office in Oregon
M2 - Tue Mar 24, 4:04AM CDT
Summit Bank (OTCBB:SBKO), a provider of banking services, declared on Monday that it will submit an application to the FDIC to open an office in Bend, Oregon.
Summit Bank Announces Opening an Office in Bend, Oregon
Business Wire - Mon Mar 23, 8:00AM CDT
Summit Bank (OTCBB:SBKO), headquartered in Eugene, Oregon, announced today that they will submit an application to the FDIC to open an office in Bend, Oregon. This will be Summit's second Oregon location. The proposed office will be located at 560 SW Columbia Street, on the corner of Colorado and Columbia. With this expansion, Summit Bank also plans to add up to 2 additional board members from the Bend area.
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.
Summit Bank declares offering of USD2m common stock
M2 - Mon Jun 01, 9:05AM CDT
The bank of directors of Summit Bank (OTCBB:SBKO) unanimously approved an offering of USD2m common stock, the company stated on Thursday.
Summit Bank Announces Stock Offering
Business Wire - Fri May 29, 8:00AM CDT
Summit Bank (OTCBB:SBKO) announced that the Board of Directors unanimously approved a $2 million offering of common stock. The additional capital will support growth in both the Eugene - Springfield market area as well as our new Central Oregon market area. The Offering will be available to all shareholders and the general public as of June 1, 2015 and is expected to close at 5:00 PM PT on July 27, 2015. The Offering Circular contains important details and disclosures regarding the offering, and may be accessed via Summit's website at:
Summit Bank Reports 1st Quarter Earnings
Business Wire - Thu Apr 23, 8:00AM CDT
Summit Bank (OTCBB:SBKO) reported net income for the first quarter of $569,000 or 26 cents per fully diluted share. Earnings for the comparable period one year ago were $424,000 or 20 cents per fully diluted share. First quarter 2015 net interest income of $2.3 million represents a 23.6 percent improvement over first quarter 2014 net interest income of $1.9 million. Non-interest income increased from $136 thousand to $222 thousand and managed growth of expenses from $1.2 million to $1.4 million generated the 30 percent increase in net income per share. Fully diluted earnings per share for the trailing four quarters totaled $1.16.
Summit Bank declares intent to open new office in Oregon
M2 - Tue Mar 24, 4:04AM CDT
Summit Bank (OTCBB:SBKO), a provider of banking services, declared on Monday that it will submit an application to the FDIC to open an office in Bend, Oregon.
Summit Bank Announces Opening an Office in Bend, Oregon
Business Wire - Mon Mar 23, 8:00AM CDT
Summit Bank (OTCBB:SBKO), headquartered in Eugene, Oregon, announced today that they will submit an application to the FDIC to open an office in Bend, Oregon. This will be Summit's second Oregon location. The proposed office will be located at 560 SW Columbia Street, on the corner of Colorado and Columbia. With this expansion, Summit Bank also plans to add up to 2 additional board members from the Bend area.
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.
