Summit Bank Group, Inc. (SBKO)

Summit Bank Group Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	75.63	72.31	58.74	40.91	33.93	29.36
Interest Income on Investments	5.88	5.88	6.48	4.54	0.53	0.39
Total Interest Income	81.51	78.19	65.22	45.45	34.46	29.75
Interest Paid on Deposits	25.79	27.25	18.75	4.21	0.65	1.34
Net Interest Income	55.71	50.94	46.47	41.24	33.81	28.41
Net Interest Income Growth (YoY)	12.35%	9.60%	12.68%	22.00%	18.98%	19.56%
Other Non-Interest Income	2.78	2.42	2.21	2.72	1.77	1.39
Total Non-Interest Income	1.4	1.05	0.51	2.76	1.95	1.73
Non-Interest Income Growth (YoY)	112.49%	105.99%	-81.60%	41.56%	12.89%	-5.35%
Revenues Before Loan Losses	57.12	51.98	46.98	44	35.76	30.14
Provision for Loan Losses	7.77	7.39	8.97	4.66	2.21	3.78
Revenue	49.34	44.59	38.02	39.34	33.55	26.36
Revenue Growth (YoY)	17.26%	17.30%	-3.37%	17.26%	27.28%	16.71%
Salaries and Employee Benefits	19.46	19.46	16.91	14.98	13.25	10.84
Occupancy Expenses	1.45	1.45	1.09	0.85	0.83	0.77
Selling, General & Administrative	3.48	3.48	3.12	2.34	1.89	1.71
Other Non-Interest Expense	7.09	4.98	4.53	3.05	2.91	2.15
Total Non-Interest Expense	31.68	29.57	25.8	21.31	18.95	15.69
EBT Excluding Unusual Items	17.66	15.02	12.22	18.03	14.6	10.66
Pretax Income	17.66	15.02	12.22	18.03	14.6	10.66
Income Tax Expense	4.46	3.72	3.3	4.48	3.73	2.73
Net Income	13.2	11.31	8.92	13.55	10.87	7.93
Net Income to Common	13.2	11.31	8.92	13.55	10.87	7.93
Net Income Growth	32.39%	26.74%	-34.18%	24.68%	37.03%	41.17%
Basic Shares Outstanding	8	8	8	8	8	7
Diluted Shares Outstanding	8	8	8	8	8	7
Shares Change (YoY)	0.94%	0.45%	0.60%	0.96%	6.46%	9.62%
EPS (Basic)	1.70	1.47	1.16	1.78	1.44	1.11
EPS (Diluted)	1.68	1.45	1.15	1.76	1.42	1.10
EPS Growth	31.09%	26.09%	-34.66%	23.94%	29.09%	28.51%
Effective Tax Rate	25.25%	24.74%	27.00%	24.83%	25.53%	25.61%

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