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Summit Bank Group, Inc. (OTC Pink:SBKO) announced that its Board of Directors approved a five for four stock split of the company’s shares of common stock payable in the form of a stock dividend. The ex-dividend date is April 9 with shareholders of record as of April 1 receiving ...
Summit Bank (OTC Pink: SBKO), in conjunction with Community LendingWorks, is donating $150,000 of its CARES Act PPP SBA loan income to make microloans to underserved members of the community in all three of its markets including Eugene/Springfield, Central Oregon and the Portland Metrop...
Summit Bank (OTC Pink: SBKO) is pleased to announce that Jamie Shulman, a longtime Pacific Northwest commercial banking executive and community leader, has joined Summit Bank as Market President for the Portland Metropolitan and Southwest Washington market. In this newly established rol...
Craig Wanichek, President and Chief Executive Officer of Summit Bank (OTC Pink: SBKO), today announced that Gina Kaveny has joined the local Portland banking team as Vice President and Market Development Officer. This press release features multimedia. View the full release here: ...
Summit Bank (OTC Pink: SBKO): 2020 Net Income - $7.93 million, up 41.3 percent from 5.62 million in 2019. $1.38 per fully diluted share, up 29.1 percent from 1.07 in 2019. 2020 Net Loan Growth - $76.5 million or 17.5 percent (excluding PPP loans). PPP loans made during...
Results are in for U.S. Small Business Administration (SBA) loans in Oregon, and Summit Bank (OTC Pink: SBKO) continues to lead community banks in supporting small businesses. We are pleased to report that Summit Bank is the #1 SBA community bank lender for 2020 as reported in the Por...
Effective immediately, Summit Bank (OTC Pink: SBKO) shareholders have approved the formation of Summit Bank Group, Inc., a bank holding company. All regulatory information and documentation for the Holding Company has been approved, making Summit Bank a wholly owned subsidiary of Summit...
Summit Bank (OTC Pink: SBKO) today announced that it was able to help 440 small businesses and nonprofits across Oregon under the U.S. Small Business Administration’s (SBA) Paycheck Protection Program (PPP). The PPP opened on Friday, April 3, to help small businesses maintain their wor...
Craig Wanichek, President and Chief Executive Officer of Summit Bank (OTC Pink: SBKO), today announced that the bank’s $5,000,000 stock offering has been oversubscribed and closed. The Board of Directors approved a resolution to accept approximately 850,000 shares that were subscribed ...
Craig Wanichek, President and Chief Executive Officer of Summit Bank (OTC Pink: SBKO), today announced that the Summit Bank Board of Directors unanimously approved a $5 million dollar stock offering. On April 23, the Summit Bank Board met to discuss and approve the offering of $5,000,000 ...
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Summit Bank Group (OTC Pink: SBKO) This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240717095310/en/ (Graphic: Business Wire) Q2 2024 Net Income - $2.7 million or $0.35 per fully diluted share, an increase of $223 t...
Summit Bank Group (OTC Pink: SBKO) Q1 2024 Net Income - $2.4 million or $0.31 per fully diluted share. Q1 2024 Net Income increased from $0.30 per share for Q1 2023 and $0.22 per share for Q4 2023. Cash and Securities totaled $149.9 million – 13.0 percent of assets. Year ...
Summit Bank Group (OTC Pink: SBKO), a leading financial institution, is proud to announce a transition in its leadership team, marking a pivotal moment in its history. After 20 years of dedicated service as the founding Chief Financial Officer (CFO), Scott Goldstein has achieved a significant per...