Summit Financial Gp (SMMF) 16.21 $SMMF Summit Financial

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Jun 24, 2016 at 9:18 AM

Summit Financial Gp (SMMF) 16.21 $SMMF

Summit Financial Group, Inc. to Acquire First Century Bankshares, Inc. and Its Wholly-Owned Subsidiary, First Century Bank, Inc.
GlobeNewswire - Wed Jun 01, 4:30PM CDT
Summit Financial Group, Inc. ("Summit"

(NASDAQ:SMMF) and First Century Bankshares, Inc. ("First Century) (OTC Pink:FCBS) announced the signing of a definitive merger agreement between Summit and First Century.
SMMF: 16.21 (+0.02)

Summit Financial Group, Inc. Announces Q2 2016 Dividend of $0.10 per Share
GlobeNewswire - Tue May 31, 3:00PM CDT
Summit Financial Group, Inc. ("Summit"

(NASDAQ:SMMF) today announces its Board of Directors recently declared a second quarter 2016 dividend of $0.10 per share payable on June 30, 2016 to common shareholders of record as of the close of business on June 15, 2016.
SMMF: 16.21 (+0.02)

Summit Financial posts 1Q profit
Automated Insights - Mon Apr 25, 5:13AM CDT
MOOREFIELD, W.Va. (AP) _ Summit Financial Group Inc. (SMMF) on Monday reported first-quarter earnings of $4.1 million.
SMMF: 16.21 (+0.02)

Summit Financial Group, Inc. (Nasdaq: SMMF) to Ring the Nasdaq Stock Market Closing Bell
GlobeNewswire - Fri Jan 29, 9:00AM CST
What:
SMMF: 16.21 (+0.02), NDAQ: 64.41 (+1.32)

Summit Financial Group Reports Fourth Quarter and Full Year 2015 Results
GlobeNewswire - Mon Jan 25, 5:00AM CST
Summit Financial Group, Inc. ("Company" or "Summit"

(NASDAQ:SMMF) today reported fourth quarter 2015 net income applicable to common shares of $4.15 million, or $0.39 per diluted share, compared to $3.01 million, or $0.32 per diluted share, for the fourth quarter of 2014, representing an increase of 37.8 percent, or 21.9 percent per diluted share. Q4 2015 earnings compared to Q4 2014 were positively impacted by a $782,000 increase in net interest income and a $314,000 gain on sale of foreclosed properties, but were negatively impacted by a $336,000 increase in write-downs of foreclosed properties and a $250,000 provision for loan losses compared to zero for Q4 2014.
SMMF: 16.21 (+0.02)

Summit Financial Group, Inc. Announces Q4 2015 Dividend of $0.08 Per Share
GlobeNewswire - Fri Nov 20, 3:00PM CST
Summit Financial Group, Inc. ("Summit"

(NASDAQ:SMMF) today announces its Board of Directors recently declared a fourth quarter 2015 dividend of $0.08 per share payable on December 31, 2015 to common shareholders of record as of the close of business on December 15, 2015.
SMMF: 16.21 (+0.02)

Summit Financial Group Reports Second Quarter and First Half 2015 Results
GlobeNewswire - Mon Jul 27, 5:00AM CDT
Summit Financial Group, Inc. ("Company" or "Summit"

(NASDAQ:SMMF) today reported second quarter 2015 net income applicable to common shares of $4.01 million, or $0.38 per diluted share, compared to $2.24 million, or $0.25 per diluted share, for the second quarter of 2014, representing an increase of 79.1 percent, or 52.0 percent per diluted share. Q2 2015 earnings compared to Q2 2014 were positively impacted by an $802,000 decline in write-downs of foreclosed properties, a $500,000 decrease in provision for loan losses, and a $1.14 million increase in net interest income.
SMMF: 16.21 (+0.02)

Summit Financial Group, Inc. Announces Completion of Rights Offering of Common Stock
GlobeNewswire - Mon Jun 01, 3:08PM CDT
Summit Financial Group, Inc. ("Company" or "Summit"

(Nasdaq:SMMF) announces today the completion of its previously disclosed rights offering (the "Rights Offering"

of Company common stock ("Common Stock"

, which expired at 5:00 p.m., Eastern Time, on May 29, 2015.
SMMF: 16.21 (+0.02)

Summit Financial Group Reports First Quarter 2015 Results
GlobeNewswire - Mon Apr 27, 5:00AM CDT
Summit Financial Group, Inc. ("Company" or "Summit"

(Nasdaq:SMMF) today reported first quarter 2015 net income applicable to common shares of $4.29 million, or $0.41 per diluted share, compared to $2.20 million, or $0.25 per diluted share, for the first quarter of 2014, representing an increase of 95.1 percent, or 64.0 percent per diluted share. Q1 2015 earnings compared to Q1 2014 were positively impacted by a $1.48 million increase in net interest income and a $750,000 decline in provision for loan losses.
SMMF: 16.21 (+0.02)

Summit Financial Group, Inc. Announces Record Date for Rights Offering
GlobeNewswire - Mon Mar 30, 4:00PM CDT
Summit Financial Group, Inc. ("Company" or "Summit"

(Nasdaq:SMMF) today announced that its Board of Directors set the record date for the previously disclosed upcoming rights offering (the "Rights Offering"

of Company common stock ("Common Stock"

as of the close of business April 10, 2015 ("Record Date"

.
SMMF: 16.21 (+0.02)

Summit Financial Group, Inc. Announces Completion of 2nd Closing With Castle Creek
GlobeNewswire - Tue Mar 17, 3:00PM CDT
As previously disclosed, on August 22, 2014, Summit Financial Group, Inc. (the "Company" or "Summit"

(Nasdaq:SMMF) entered into a Securities Purchase Agreement (the "Purchase Agreement"

with Castle Creek Capital Partners V, LP ("Castle Creek"

. Pursuant to the Purchase Agreement, following the satisfaction or waiver of the conditions set forth in the Purchase Agreement, Castle Creek agreed to acquire in a private placement (the "Private Placement"

shares of common stock of the Company ("Common Stock"

in an amount that is expected to approximate 9.9% of the outstanding Common Stock of the Company following consummation of the Private Placement at the price of $9.75 per share. The Private Placement consisted of two closings.
SMMF: 16.21 (+0.02)

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