Summit State Bank Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	53.75	53.57	52.56	46.12	40.19
Interest Income on Investments	4.68	5.19	7.68	2.83	1.78
Total Interest Income	58.43	58.76	60.24	48.96	41.97
Interest Paid on Deposits	22.73	28.5	24.23	4.94	3.21
Interest Paid on Borrowings	0.75	0.79	0.55	1.59	1.16
Total Interest Expense	23.48	29.29	24.78	6.53	4.37
Net Interest Income	34.95	29.48	35.46	42.43	37.61
Net Interest Income Growth (YoY)	18.56%	-16.88%	-16.42%	12.82%	24.27%
Gain (Loss) on Sale of Investments	-0.01	0.01	-	0	0.07
Other Non-Interest Income	-1.29	0.41	1.85	0.79	0.64
Total Non-Interest Income	0.39	3.46	5.2	7.5	4.9
Non-Interest Income Growth (YoY)	-88.67%	-33.49%	-30.61%	52.93%	10.18%
Revenues Before Loan Losses	35.34	32.94	40.66	49.92	42.51
Provision for Loan Losses	2.53	7.92	0.33	2.54	1.29
Revenue	32.81	25.02	40.33	47.38	41.21
Revenue Growth (YoY)	31.13%	-37.96%	-14.88%	14.97%	26.38%
Salaries and Employee Benefits	14.57	16.05	15.38	14.04	12.26
Occupancy Expenses	1.69	1.29	1.24	1.29	1.24
Selling, General & Administrative	-	1.03	1.77	2.53	1.82
Other Non-Interest Expense	7.59	6.92	6.66	5.66	5.02
Total Non-Interest Expense	23.85	25.29	25.05	23.51	20.33
EBT Excluding Unusual Items	8.96	-0.27	15.28	23.87	20.88
Pretax Income	8.96	-4.39	15.28	23.87	20.88
Income Tax Expense	2.17	-0.2	4.46	6.9	6.18
Net Income	6.8	-4.19	10.82	16.97	14.7
Net Income to Common	6.8	-4.19	10.82	16.97	14.7
Net Income Growth	-	-	-36.22%	15.44%	39.76%
Basic Shares Outstanding	7	7	7	7	7
Diluted Shares Outstanding	7	7	7	7	7
Shares Change (YoY)	0.08%	0.24%	0.16%	0.07%	0.03%
EPS (Basic)	1.01	-0.62	1.62	2.54	2.20
EPS (Diluted)	1.01	-0.62	1.62	2.54	2.20
EPS Growth	-	-	-36.30%	15.34%	40.13%
Dividend Per Share	-	0.280	0.480	0.480	0.480
Dividend Growth	-	-41.67%	-	-	-
Effective Tax Rate	24.18%	-	29.18%	28.92%	29.61%

Updated Jan 27, 2026. Source: S&P Global Market Intelligence. Banks template. Financial Sources.