SSBI (Summit State Bank) Marketable Securities : $60.07 Mil (As of Dec. 2024)

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What is Summit State Bank Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Summit State Bank's Marketable Securities for the quarter that ended in Dec. 2024 was $60.07 Mil.

Summit State Bank's annual Marketable Securities declined from Dec. 2022 ($83.79 Mil) to Dec. 2023 ($76.33 Mil) and declined from Dec. 2023 ($76.33 Mil) to Dec. 2024 ($60.07 Mil).

Summit State Bank Marketable Securities Historical Data

The historical data trend for Summit State Bank's Marketable Securities 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 Marketable Securities Chart

Summit State Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Marketable Securities

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67.95

69.37

83.79

76.33

60.07

Summit State Bank Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Marketable Securities	Get a 7-Day Free Trial															76.33	83.83	83.11	76.21	60.07

Summit State Bank Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Summit State Bank (NAS:SSBI) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Summit State Bank Marketable Securities Related Terms

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Summit State Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Summit State Bank (NAS:SSBI) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

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Address

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

Website

https://www.summitstatebank.com

Summit State Bank provides various banking products and services to individuals and businesses primarily in Sonoma County, California. It offers personal and business checking, money market, sweep, savings, and demand accounts; time certificates of deposit; and specialized deposit accounts, such as professional, small business packaged, tiered, and retirement plan accounts. The company also provides loans, including commercial loans and leases; lines of credit; commercial real estate, small business administration, residential mortgage, and construction loans; home equity lines of credit; and term and equipment loans, as well as loans to agriculture-related businesses.