SSBI
Income statement / Annual
Last year (2025), Summit State Bank's total revenue was $58.82 M,
a decrease of 5.17% from the previous year.
In 2025, Summit State Bank's net income was $6.80 M.
See Summit State Bank,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2025 |
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 |
| Operating Revenue |
$58.82 M |
$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 |
| Cost of Revenue |
$26.01 M
|
$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
|
| Gross Profit |
$32.81 M
|
$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
|
| Gross Profit Ratio |
1
|
0.4
|
0.61
|
0.84
|
0.88
|
0.8
|
0.76
|
0.84
|
0.88
|
0.94
|
| 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 |
$16.26 M
|
$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
|
| Selling & Marketing Expenses |
$0.00
|
$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
|
| Selling, General & Administrative Expenses |
$16.26 M
|
$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
|
| Other Expenses |
$7.59 M
|
$10.82 M
|
$6.34 M
|
$5.49 M
|
$4.98 M
|
$4.84 M
|
$3.06 M
|
$2.98 M
|
$2.96 M
|
$2.63 M
|
| Operating Expenses |
$23.85 M
|
$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
|
| Cost And Expenses |
$49.86 M
|
$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
|
| Interest Income |
$58.43 M
|
$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
|
| Interest Expense |
$23.48 M
|
$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
|
| Depreciation & Amortization |
$0.00
|
$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
|
| EBITDA |
$8.96 M |
-$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 |
| EBITDA Ratio |
0.27
|
-0.06
|
0.24
|
0.43
|
0.46
|
0.38
|
0.29
|
0.3
|
0.28
|
0.4
|
| Operating Income Ratio |
0.5
|
-0.07
|
0.23
|
0.43
|
0.45
|
0.37
|
0.27
|
0.29
|
0.26
|
0.39
|
| 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 |
$8.96 M
|
-$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
|
| Income Before Tax Ratio |
0.27
|
-0.07
|
0.23
|
0.43
|
0.45
|
0.37
|
0.27
|
0.29
|
0.26
|
0.39
|
| Income Tax Expense |
$2.17 M
|
-$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
|
| Net Income |
$6.80 M
|
-$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
|
| Net Income Ratio |
0.21
|
-0.07
|
0.17
|
0.3
|
0.32
|
0.26
|
0.2
|
0.21
|
0.15
|
0.23
|
| EPS |
1.01 |
-0.62 |
1.62 |
2.54 |
2.2 |
1.58 |
0.97 |
0.87 |
0.5 |
0.75 |
| EPS Diluted |
1.01 |
-0.62 |
1.62 |
2.54 |
2.2 |
1.57 |
0.97 |
0.87 |
0.49 |
0.75 |
| Weighted Average Shares Out |
$6.73 M
|
$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
|
| Weighted Average Shares Out Diluted |
$6.73 M
|
$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
|
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