Summit Bank (NASDAQ:SBGA)
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From Jun 2019 to Jun 2024
Summit Bank Corporation (Nasdaq: SBGA) announced a
quarterly dividend of $.10 per share payable to all shareholders of
record on November 18, 2005, to be paid on November 29, 2005.
Summit recently announced quarterly earnings of $1.58 million for
the third quarter of 2005 compared to $1.34 million for the same
period in 2004. Earnings per share (diluted) for the third quarter of
2005 were $0.28 compared to $0.23 for the third quarter last year.
Summit's earnings resulted in a return on average shareholders' equity
of 17.79% in 2005 compared to 16.15% for the same three-month period
of 2004. Total assets were $534.2 million at September 30, 2005, up
from $500.9 million at September 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.