Summit Bank Group, Inc. (SBKO)

Summit Bank Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	80.64	72.31	58.74	40.91	33.93
Interest Income on Investments	-	5.88	6.48	4.54	0.53
Total Interest Income	80.64	78.19	65.22	45.45	34.46
Interest Paid on Deposits	24.45	27.25	18.75	4.21	0.65
Net Interest Income	56.19	50.94	46.47	41.24	33.81
Net Interest Income Growth (YoY)	10.31%	9.60%	12.68%	22.00%	18.98%
Other Non-Interest Income	1.91	2.42	2.21	2.72	1.77
Total Non-Interest Income	1.91	1.05	0.51	2.76	1.95
Non-Interest Income Growth (YoY)	82.57%	105.99%	-81.60%	41.56%	12.89%
Revenues Before Loan Losses	58.1	51.98	46.98	44	35.76
Provision for Loan Losses	6.11	7.39	8.97	4.66	2.21
Revenue	51.99	44.59	38.02	39.34	33.55
Revenue Growth (YoY)	16.58%	17.30%	-3.37%	17.26%	27.28%
Salaries and Employee Benefits	-	19.46	16.91	14.98	13.25
Occupancy Expenses	-	1.45	1.09	0.85	0.83
Selling, General & Administrative	-	3.48	3.12	2.34	1.89
Other Non-Interest Expense	32.53	4.98	4.53	3.05	2.91
Total Non-Interest Expense	32.53	29.57	25.8	21.31	18.95
EBT Excluding Unusual Items	19.46	15.02	12.22	18.03	14.6
Pretax Income	19.46	15.02	12.22	18.03	14.6
Income Tax Expense	5.09	3.72	3.3	4.48	3.73
Net Income	14.37	11.31	8.92	13.55	10.87
Net Income to Common	14.37	11.31	8.92	13.55	10.87
Net Income Growth	27.07%	26.74%	-34.18%	24.68%	37.03%
Basic Shares Outstanding	8	8	8	8	8
Diluted Shares Outstanding	8	8	8	8	8
Shares Change (YoY)	0.84%	0.45%	0.60%	0.96%	6.46%
EPS (Basic)	1.85	1.47	1.16	1.78	1.44
EPS (Diluted)	1.83	1.45	1.15	1.76	1.42
EPS Growth	26.21%	26.09%	-34.66%	23.94%	29.09%
Effective Tax Rate	26.16%	24.74%	27.00%	24.83%	25.53%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.