Summit Bancshares Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2014
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '14 Dec 31, 2014
Cash & Equivalents	20.5	48.65	85.35	-	19.42
Investment Securities	55.25	72.25	66.04	-	68.73
Total Investments	55.25	72.25	66.04	-	68.73
Gross Loans	206.91	185.72	198.56	-	124.66
Allowance for Loan Losses	-6.58	-5.98	-4.88	-	-3.68
Other Adjustments to Gross Loans	-0.87	-0.75	-0.96	-	-0.7
Net Loans	199.47	178.99	192.71	-	120.28
Property, Plant & Equipment	6.37	6.71	6.58	-	0.16
Accrued Interest Receivable	0.94	0.98	2.39	-	0.38
Long-Term Deferred Tax Assets	3.32	3	2.41	-	2.67
Other Real Estate Owned & Foreclosed	-	-	-	-	1.28
Other Long-Term Assets	7.89	7.8	5.85	-	5.39
Total Assets	293.74	318.38	361.33	-	218.31
Interest Bearing Deposits	106.22	110.39	120.88	-	91.34
Institutional Deposits	29.16	29.21	26.48	-	17.81
Non-Interest Bearing Deposits	102.21	124.7	164.76	-	79.83
Total Deposits	237.58	264.3	312.12	-	188.98
Current Portion of Leases	0.36	-	-	-	-
Accrued Interest Payable	7.56	7.51	6.94	-	0.03
Long-Term Leases	0.68	1.33	1.1	-	-
Other Long-Term Liabilities	-	-	-	-	3.81
Total Liabilities	246.18	273.14	320.16	-	192.83
Common Stock	2.03	2.03	2.03	-	3.39
Retained Earnings	45.53	43.21	39.13	-	22.1
Shareholders' Equity	47.56	45.23	41.16	-	25.48
Total Liabilities & Equity	293.74	318.38	361.33	-	218.31
Total Debt	1.04	1.33	1.1	-	-
Net Cash (Debt)	74.7	119.57	149.29	-	87.76
Net Cash Growth	-37.52%	-19.91%	-	-	33.16%
Net Cash Per Share	64.23	102.76	127.28	-	67.50
Filing Date Shares Outstanding	1.16	1.16	1.17	1.2	1.3
Total Common Shares Outstanding	1.16	1.16	1.17	1.2	1.3
Book Value Per Share	40.85	38.85	35.10	-	19.60
Tangible Book Value	47.56	45.23	41.16	-	25.48
Tangible Book Value Per Share	40.85	38.85	35.10	-	19.60

Updated Nov 14, 2003. Source: S&P Global Market Intelligence. Banks template. Financial Sources.