Summit Bank (NASDAQ:SBGA)
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From Jul 2019 to Jul 2024
Summit Bank Corporation (Nasdaq:SBGA) announced a
quarterly dividend of $.10 per share payable to all shareholders of
record on August 15, 2005, to be paid on August 25, 2005.
Summit recently announced quarterly earnings of $1.35 million for
the second quarter of 2005 compared to $1.29 million for the same
period in 2004. Earnings per share (diluted) for the second quarter of
2005 were $0.24 compared to $0.23 for the second quarter last year.
Summit's earnings resulted in a return on average shareholders' equity
of 15.58% in 2005 compared to 15.38% for the same three-month period
of 2004. Total assets were $528.1 million at June 30, 2005, up from
$505.8 million at June 30, 2004.
The Company's wholly-owned subsidiary, The Summit National Bank,
is an Atlanta-based community bank with full-service operations in the
metropolitan areas of Atlanta, Georgia and the San Francisco Bay area
of California, as well as a representative office in Shanghai, China.
The Summit National Bank's niche specialties include international
trade finance, small business lending and service to various ethnic
markets, including Asian-American, European-American and
Latin-American businesses. Summit provides its diverse customer base
with a multi-lingual staff proficient in many languages.
Summit Bank Corporation stock is listed on the Nasdaq National
Market under the symbol SBGA.