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SSBI News and Press, Summit State Bank From 06/13/22

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Company Name: Summit State Bank
Stock Symbol: SSBI
Market: NASDAQ
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SSBI - Summit State Bank Welcomes Douglas V. Reynolds, President and Chief Executive Officer of Energy Services of America, to Board of Directors

SANTA ROSA, Calif., June 13, 2022 (GLOBE NEWSWIRE) -- Summit State Bank (NASDAQ: SSBI) welcomes Douglas Reynolds to its Board of Directors. Mr. Reynolds was elected to the Board of Directors at the bank’s annual meeting of shareholders held on May 23, 2022. “We are pleas...
SSBI - Summit State Bank Reports 19% Increase in Net Income to $3,935,000 for First Quarter 2022 and Declaration of Dividend

SANTA ROSA, Calif., April 26, 2022 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today reported net income for the quarter ended March 31, 2022 of $3,935,000 and diluted earnings per share of $0.59. This compares to net income of $3,317,000 and diluted earnings per share of $0.50 for...

SSBI - Summit State Bank Reports Record Earnings, a 40% Increase in Net Income to $14,698,000 for 2021 and Declaration of Dividend

SANTA ROSA, Calif., Jan. 25, 2022 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today reported record net income for the year ended December 31, 2021 of $14,698,000 and diluted earnings per share of $2.20. This compares to net income of $10,517,000 and diluted earnings per share of $...

SSBI - Summit State Bank Appoints Belinda Guadarrama, President and Chief Executive Officer of GC Micro Corporation, to Board of Directors

SANTA ROSA, Calif., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Summit State Bank (NASDAQ: SSBI) appointed Belinda Guadarrama to its Board of Directors. “We are pleased to welcome Ms. Guadarrama as a Director. Belinda’s experience and advocacy of small and minority businesses, and...
SSBI - Summit State Bank Reports 29% Increase in Net Income to $3,796,000 for Third Quarter 2021 and Declaration of Dividend

SANTA ROSA, Calif., Oct. 27, 2021 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today reported net income for the quarter ended September 30, 2021 of $3,796,000 and diluted earnings per share of $0.63. This compares to net income of $2,954,000 and diluted earnings per share of $0.49 ...

SSBI - ELVT and SI among financial gainers, PHCF and NAVI among losers

Gainers: Greenidge Generation Holdings (NASDAQ:GREE) +17%. Elevate Credit (NYSE:ELVT) +14%. Silvergate Capital (NYSE:SI) +6%. Xiaobai Maimai (NASDAQ:HX) +5%. Summit State Bank (NASDAQ:SSBI) +5%. Losers: PTK Acquisition (NYSE:PTK) -20%. Puhui Wealth Investment Management (NASDAQ:PHCF) -13%. Na...

SSBI - Summit State Bank Declaration of Stock Dividend

SANTA ROSA, Calif., Sept. 28, 2021 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today announced that its Board of Directors declared a 10% stock dividend to be paid on or about November 4, 2021 to shareholders of record as of the close of business on October 29, 2021. Each sharehold...
SSBI - Summit State Bank Reports 76% Increase in Net Income to $3,898,000 for Second Quarter 2021 and Declaration of Dividend

SANTA ROSA, Calif., July 27, 2021 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today reported record net income for the quarter ended June 30, 2021 of $3,898,000 and diluted earnings per share of $0.64. This compares to net income of $2,218,000 and diluted earnings per share of $0.3...

SSBI - Summit State Bank Among Top Performing Banks, Earning the Raymond James Bankers Cup

SANTA ROSA, Calif., April 27, 2021 (GLOBE NEWSWIRE) -- Summit State Bank has been selected as one of the 25 top performing banks in the nation based on assets between $500MM and $10 billion. “We are incredibly honored to receive this prestigious recognition, ranking 14th among the to...

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...
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