Summit Bank Corporation Announces Quarterly Dividend

  
    
  
  
    
      Summit Bank Corporation (Nasdaq: SBGA) announced a quarterly dividend of 
      $.10 per share payable to all shareholders of record on November 14, 
      2006, to be paid on November 24, 2006.
    
    
      Summit recently announced third quarter 2006 earnings of $1.62 million, 
      or $0.23 diluted earnings per share, compared to $1.58 million, or $0.27 
      diluted earnings per share, for the third quarter of 2005. Summit’s 
      earnings resulted in a third quarter 2006 return on average shareholders’ 
      equity of 11.12% compared to 17.79% for the same period last year. The 
      decline in earnings per share and return on shareholders’ 
      equity from last year is attributable to the $20.3 million of additional 
      capital raised from Summit’s common stock 
      offering earlier this year. Total assets were $665.7 million at 
      September 30, 2006, up 24.6% over the $534.2 million at September 30, 
      2005, primarily due to the acquisition of Concord Bank, N.A. (Concord) 
      in Houston, Texas on April 1, 2006.
    
    
      On September 19, 2006 Summit announced that they had entered into a 
      definitive agreement with UCBH Holdings, Inc. (Nasdaq: UCBH) whereby 
      UCBH would acquire Summit for approximately $175.5 million. UCBH is the 
      holding company for United Commercial Bank, a $8.29 billion state 
      chartered bank headquartered in San Francisco, California.
    
    
      Summit Bank Corporation is the parent company of The Summit National 
      Bank, a nationally chartered full-service community bank specializing in 
      the small business and international trade finance markets. It currently 
      operates five branches in the metropolitan Atlanta area and two in the 
      South Bay area of San Francisco, California. Concord now operates as a 
      division of The Summit National Bank in one location in Houston, Texas. 
      The Summit National Bank also operates a representative office in 
      Shanghai, China.
    
    
      Summit Bank Corporation stock is listed on the Nasdaq National Market 
      under the symbol SBGA.
    
  
Summit Bank Corporation (Nasdaq: SBGA) announced a quarterly
dividend of $.10 per share payable to all shareholders of record on
November 14, 2006, to be paid on November 24, 2006.

   Summit recently announced third quarter 2006 earnings of $1.62
million, or $0.23 diluted earnings per share, compared to $1.58
million, or $0.27 diluted earnings per share, for the third quarter of
2005. Summit's earnings resulted in a third quarter 2006 return on
average shareholders' equity of 11.12% compared to 17.79% for the same
period last year. The decline in earnings per share and return on
shareholders' equity from last year is attributable to the $20.3
million of additional capital raised from Summit's common stock
offering earlier this year. Total assets were $665.7 million at
September 30, 2006, up 24.6% over the $534.2 million at September 30,
2005, primarily due to the acquisition of Concord Bank, N.A. (Concord)
in Houston, Texas on April 1, 2006.

   On September 19, 2006 Summit announced that they had entered into
a definitive agreement with UCBH Holdings, Inc. (Nasdaq: UCBH) whereby
UCBH would acquire Summit for approximately $175.5 million. UCBH is
the holding company for United Commercial Bank, a $8.29 billion state
chartered bank headquartered in San Francisco, California.

   Summit Bank Corporation is the parent company of The Summit
National Bank, a nationally chartered full-service community bank
specializing in the small business and international trade finance
markets. It currently operates five branches in the metropolitan
Atlanta area and two in the South Bay area of San Francisco,
California. Concord now operates as a division of The Summit National
Bank in one location in Houston, Texas. The Summit National Bank also
operates a representative office in Shanghai, China.

   Summit Bank Corporation stock is listed on the Nasdaq National
Market under the symbol SBGA.