Summit State Bank (SSBI)

Summit State Bank Balance Sheet

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
Cash & Equivalents	57.95	51.4	57.79	77.57	40.7	30.83
Investment Securities	73.4	68.65	85.07	84.41	62.37	61.14
Mortgage-Backed Securities	-	6.99	7.88	8.26	10.5	6.82
Total Investments	73.4	75.64	92.95	92.67	72.87	67.95
Gross Loans	-	921.32	956.25	931.01	833.32	756.75
Allowance for Loan Losses	-	-13.69	-15.22	-14.84	-12.33	-8.88
Other Adjustments to Gross Loans	-	-2.55	-2.4	-2.47	-	-1.93
Net Loans	-	905.08	938.63	913.71	820.99	745.94
Property, Plant & Equipment	4.89	6.39	6.24	6.82	6.86	7.32
Goodwill	-	-	4.12	4.12	4.12	4.12
Accrued Interest Receivable	-	3.48	3.7	3.69	2.79	3.93
Long-Term Deferred Tax Assets	-	3.62	3.12	2.3	2.61	1.39
Other Real Estate Owned & Foreclosed	4.44	4.44	-	-	-	-
Other Long-Term Assets	21.55	11.15	10.43	9.74	2.83	0.95
Total Assets	1,007	1,067	1,123	1,115	958.08	865.85
Interest Bearing Deposits	630.36	635.37	681.47	498.09	469.2	402.46
Institutional Deposits	73.16	141.43	126.32	212.54	107.58	124.74
Non-Interest Bearing Deposits	185.26	185.76	201.91	252.03	234.82	199.1
Total Deposits	888.78	962.56	1,010	962.66	811.6	726.3
Current Portion of Leases	-	0.44	-	-	-	-
Accrued Interest Payable	6.05	1.67	0.62	11.14	4.09	0.31
Long-Term Debt	5.95	5.94	5.92	5.91	5.89	5.88
Federal Home Loan Bank Debt, Long-Term	5.5	-	-	41	48.5	53.5
Long-Term Leases	-	0.84	0.99	1.42	1.23	1.37
Other Long-Term Liabilities	0.51	3.91	7.6	4.68	2.48	2.87
Total Liabilities	906.79	975.37	1,025	1,027	873.8	790.23
Common Stock	37.9	37.74	37.47	37.18	37.01	36.98
Retained Earnings	68.6	62.87	68.96	61.39	47.64	37.51
Comprehensive Income & Other	-6.77	-8.89	-8.75	-10.02	-0.38	1.14
Total Common Equity	99.73	91.72	97.68	88.55	84.28	75.63
Shareholders' Equity	99.73	91.72	97.68	88.55	84.28	75.63
Total Liabilities & Equity	1,007	1,067	1,123	1,115	958.08	865.85
Total Debt	11.45	7.22	6.91	48.33	55.62	60.74
Net Cash (Debt)	46.51	44.18	50.88	29.24	-14.92	-29.92
Net Cash Growth	-37.12%	-13.16%	74.00%	-	-	-
Net Cash Per Share	6.92	6.58	7.60	4.37	-2.23	-4.48
Filing Date Shares Outstanding	6.73	6.78	6.78	6.73	6.68	6.68
Total Common Shares Outstanding	6.73	6.78	6.78	6.73	6.68	6.68
Book Value Per Share	14.81	13.54	14.40	13.15	12.61	11.33
Tangible Book Value	99.73	91.72	93.56	84.43	80.16	71.51
Tangible Book Value Per Share	14.81	13.54	13.79	12.54	11.99	10.71

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.