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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Summit State Bank | NASDAQ:SSBI | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.18 | 2.40% | 7.67 | 3.00 | 10.50 | 7.67 | 7.01 | 7.51 | 12,175 | 22:42:26 |
“We have been very pleased with the Bank’s financial performance. Our core operations have achieved high levels of profitability and exceeded our strategic plans despite economic adversity,” said Jim Brush, Chairman of the Board. “The entire staff has been able to deliver meaningful value to our shareholders and this action reflects our continued confidence in the long-term outlook for Summit State Bank.”
Mr. Brush adds “the Bank appreciates being able to continue its history of increasing dividends paid while also increasing the shares available to trade as we expand into new markets and continue solid community growth through strong banking relationships.”
About Summit State Bank
Summit State Bank, a local community bank, has total assets of $902 million and total equity of $79 million at June 30, 2021. Headquartered in Sonoma County, the Bank specializes in providing exceptional customer service and customized financial solutions to aid in the success of local small businesses and nonprofits throughout Sonoma County.
Summit State Bank is committed to embracing the diverse backgrounds, cultures, and talents of its employees to create high performance and support the evolving needs of its customers and the community it serves. At the center of diversity is inclusion, collaboration, and a shared vision for delivering superior service to customers and results for shareholders. Presently, 66% of management are women and minorities with 60% represented on the Executive Management Team. Through the engagement of its team, Summit State Bank has received many esteemed awards including: Best Business Bank, Corporate Philanthropy Award and Best Places to Work in the North Bay. Summit State Bank’s stock is traded on the Nasdaq Global Market under the symbol SSBI. Further information can be found at www.summitstatebank.com.
Contact: Brian Reed, President and CEO, Summit State Bank (707) 568-4908
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