Summit State Bank (SSBI) Financials

$11.60

$0.18 (-1.53%)
Last update: 04:00 PM EST
Day's range
$11.6
Day's range
$11.72
$80M$80M$60M$60M$40M$40M$20M$20M$0$0-$20M-$20MEarning2018201820192019202020202021202120222022202320232024202440%40%30%30%20%20%10%10%0%0%-10%-10%Profit Margin
Profit Margin
Revenue
Earnings

SSBI Income statement / Annual

Last year (2024), Summit State Bank's total revenue was $62.03 M, a decrease of 4.66% from the previous year. In 2024, Summit State Bank's net income was -$4.19 M. See Summit State Bank,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Operating Revenue $62.03 M $65.06 M $56.16 M $46.43 M $40.58 M $32.47 M $27.88 M $22.43 M $21.93 M $21.22 M
Cost of Revenue $37.22 M $25.05 M $9.07 M $5.66 M $8.26 M $7.73 M $4.48 M $2.66 M $1.23 M $136.00 K
Gross Profit $24.81 M $40.01 M $47.09 M $40.77 M $32.32 M $24.74 M $23.40 M $19.77 M $20.69 M $21.08 M
Gross Profit Ratio 0.4 0.61 0.84 0.88 0.8 0.76 0.84 0.88 0.94 0.99
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $17.41 M $17.11 M $16.25 M $13.95 M $11.77 M $12.16 M $11.57 M $10.05 M $8.73 M $7.46 M
Selling & Marketing Expenses $965.00 K $1.27 M $1.48 M $959.00 K $764.00 K $649.00 K $808.00 K $828.00 K $883.00 K $655.00 K
Selling, General & Administrative Expenses $18.37 M $18.39 M $17.73 M $14.91 M $12.54 M $12.81 M $12.38 M $10.88 M $9.61 M $8.11 M
Other Expenses $10.82 M $6.46 M $5.49 M $4.98 M $4.84 M $3.06 M $2.98 M $2.96 M $2.63 M $2.71 M
Operating Expenses $29.20 M $24.73 M $23.22 M $19.89 M $17.38 M $15.87 M $15.36 M $13.85 M $12.25 M $10.82 M
Cost And Expenses $66.42 M $49.78 M $32.29 M $25.55 M $25.64 M $23.59 M $19.84 M $16.51 M $13.48 M $10.96 M
Interest Income $58.25 M $59.83 M $48.66 M $41.73 M $36.20 M $29.78 M $25.31 M $20.48 M $19.55 M $18.25 M
Interest Expense $29.29 M $24.78 M $6.53 M $4.37 M $6.16 M $7.03 M $3.95 M $2.14 M $1.23 M $936.00 K
Depreciation & Amortization $392.00 K $385.00 K $391.00 K $408.00 K $433.00 K $498.00 K $346.00 K $339.00 K $312.00 K $390.00 K
EBITDA -$4.00 M $15.67 M $24.26 M $21.29 M $15.37 M $9.37 M $8.39 M $6.26 M $8.76 M $10.65 M
EBITDA Ratio -0.06 0.24 0.43 0.46 0.38 0.29 0.3 0.28 0.4 0.5
Operating Income Ratio -0.07 0.23 0.43 0.45 0.37 0.27 0.29 0.26 0.39 0.48
Total Other Income/Expenses Net $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Income Before Tax -$4.39 M $15.28 M $23.87 M $20.88 M $14.94 M $8.88 M $8.04 M $5.92 M $8.45 M $10.26 M
Income Before Tax Ratio -0.07 0.23 0.43 0.45 0.37 0.27 0.29 0.26 0.39 0.48
Income Tax Expense -$195.00 K $4.46 M $6.90 M $6.18 M $4.42 M $2.40 M $2.22 M $2.63 M $3.48 M $4.23 M
Net Income -$4.19 M $10.82 M $16.97 M $14.70 M $10.52 M $6.48 M $5.83 M $3.29 M $4.97 M $6.03 M
Net Income Ratio -0.07 0.17 0.3 0.32 0.26 0.2 0.21 0.15 0.23 0.28
EPS -0.62 1.62 2.54 2.2 1.58 0.97 0.87 0.5 0.75 0.9
EPS Diluted -0.62 1.62 2.54 2.2 1.57 0.97 0.87 0.49 0.75 0.89
Weighted Average Shares Out $6.71 M $6.70 M $6.69 M $6.68 M $6.68 M $6.68 M $6.67 M $6.63 M $6.61 M $6.58 M
Weighted Average Shares Out Diluted $6.71 M $6.70 M $6.69 M $6.68 M $6.68 M $6.68 M $6.68 M $6.66 M $6.64 M $6.65 M
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