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SSBI News and Press, Summit State Bank From 04/27/21

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Company Name: Summit State Bank
Stock Symbol: SSBI
Market: NASDAQ

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SSBI - Summit State Bank Reports 37% Increase in Net Income to $3,317,000 for First Quarter 2021 and Declaration of Dividend

SANTA ROSA, Calif., April 27, 2021 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today reported record net income for the quarter ended March 31, 2021 of $3,317,000 and diluted earnings per share of $0.55. This compares to net income of $2,415,000 and diluted earnings per share of $0...

SSBI - Summit State Bank Reports Record Earnings, a 62% Increase in Net Income to $10,517,000 for 2020 and Declaration of Dividend

SANTA ROSA, Calif., Jan. 26, 2021 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today reported record net income for the year ended December 31, 2020 of $10,517,000 and diluted earnings per share of $1.73. This compares to net income of $6,477,000 and diluted earnings per share of $1...

SSBI - Summit State Bank Promotes Michael Castlio to Executive Vice President

SANTA ROSA, Calif., Jan. 06, 2021 (GLOBE NEWSWIRE) -- Brian Reed, President and Chief Executive Officer of Summit State Bank (NASDAQ: SSBI) has announced the promotion of Michael Castlio as its newest Executive Vice President. “We are fortunate to have Michael leading Credit Ad...

SSBI - Summit State Bank declares $0.12 dividend

Summit State Bank (SSBI) declares $0.12/share quarterly dividend, in line with previous.Forward yield 3.95%Payable Nov. 20; for shareholders of record Nov. 13; ex-div Nov. 12.See SSBI Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Summit State Bank decl...

SSBI - Summit State Bank Reports 44% Increase in Net Income to $2,954,000 for Third Quarter 2020 and Declaration of Dividend

SANTA ROSA, Calif., Oct. 28, 2020 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today reported net income for the quarter ended September 30, 2020 of $2,954,000 and diluted earnings per share of $0.49.  This compares to net income of $2,045,000 and diluted earnings per share of ...

SSBI - Summit State Bank Reports $1,046,000 or 89% Increase in Net Income for Second Quarter 2020 and Declaration of Dividend

SANTA ROSA, Calif., July 28, 2020 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today reported net income for the quarter ended June 30, 2020 of $2,218,000 and diluted earnings per share of $0.37. This compares to net income of $1,172,000 and diluted earnings per share of $0.19 for t...

SSBI - Summit State Bank Appoints Sharon Wright, Governmental Relations and Public Affairs Consultant, to Board of Directors

SANTA ROSA, Calif., June 08, 2020 (GLOBE NEWSWIRE) -- Summit State Bank (NASDAQ: SSBI) appointed Sharon Wright to its Board of Directors.   “We are pleased to welcome Ms. Wright as a Director. Sharon’s extensive experience and dedication to local businesses and no...

SSBI - Change in Leadership at Summit State Bank; Allan J. Hemphill retires, and James Brush succeeds as Chairman of the Board of Directors

SANTA ROSA, Calif., June 08, 2020 (GLOBE NEWSWIRE) -- Summit State Bank (NASDAQ: SSBI) Chairman of the Board, Allan J. Hemphill confirmed his retirement at today’s Board of Director’s Meeting.  Hemphill joined the Board of Directors in 1999 and had held the position of Ch...

SSBI - Important Update For Summit State Bank Annual Meeting of Shareholders

Change in Location of the Annual Meeting of Shareholders (As announced on the April 17, 2020) Meeting Date: Monday, June 8, 2020 Meeting Time: 10:30 a.m. (Pacific Standard Time) Meeting Access: Virtual Shareholder Meeting www.meetingcenter.io/232693128 . SANTA RO...

SSBI - Summit State Bank names Brian Reed as President and CEO

Summit State Bank (NASDAQ: SSBI ) names Brian Reed, current Executive Vice President/Chief Credit Officer, as president and CEO, succeeding James Brush, who has served as SSBI's President and CEO since 2016. More news on: Summit State Bank, Financial stocks news, Read more ...

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