Summit State Bank (Summit State Bank) Other Assets for Banks : $23.71 Mil (As of Dec. 2023)

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What is Summit State Bank Other Assets for Banks?

Summit State Bank's quarterly other assets (bank) increased from Jun. 2023 ($-3.04 Mil) to Sep. 2023 ($-2.82 Mil) and increased from Sep. 2023 ($-2.82 Mil) to Dec. 2023 ($23.71 Mil).

Summit State Bank's annual other assets (bank) declined from Dec. 2021 ($0.82 Mil) to Dec. 2022 ($-4.14 Mil) but then increased from Dec. 2022 ($-4.14 Mil) to Dec. 2023 ($23.71 Mil).

Summit State Bank Other Assets for Banks Historical Data

The historical data trend for Summit State Bank's Other Assets for Banks can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Summit State Bank Other Assets for Banks Chart

Summit State Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Assets for Banks

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3.34

3.43

0.82

-4.14

23.71

Summit State Bank Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Other Assets for Banks	Get a 7-Day Free Trial															-4.23	-4.14	-3.04	-2.82	23.71

Summit State Bank Other Assets for Banks Calculation

Banks frequently group a variety of accounts as other assets on their balance sheets. Banks must report several of these accounts, such as investment in unconsolidated subsidiaries, customer liability on outstanding acceptances, and intangible assets as separate line items on Call Reports.

Summit State Bank (Summit State Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Summit State Bank (NAS:SSBI) » Definitions » Other Assets for Banks

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 Bicentennial Way, Santa Rosa, CA, USA, 95403

Website

https://www.summitstatebank.com

Summit State Bank is a state-chartered commercial bank operating a traditional community banking business within the primary service area of Sonoma County in California, however, it also considers and makes loans to borrowers primarily from Marin, Napa, and San Francisco counties. The bank provides a broad array of financial services to small to medium-sized businesses and their owners and employees, entrepreneurs, high-net-worth families, foundations, estates, and individual consumers. Its lending activities are primarily focused on commercial real estate, construction, and business loans to targeted clientele. The bank also has loan production offices in California (Roseville, Irvine, and Tustin), Arizona (Scottsdale), Texas (Montgomery), and Washington (Mukilteo).