SSBI News

SANTA ROSA, Calif., Jan. 28, 2020 -- Summit State Bank (Nasdaq: SSBI) today reported net income for the year ended December 31, 2019, of $6,477,000 and diluted earnings per.

We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...

On April 17, 2020, Summit State Bank (SSBI) announced its intention to adjourn its Annual Meeting of Shareholders due to the COVID-19 Pandemic to June 8, 2020, and that the adjourned meeting will be held in a virtual format. The Bank previously provided notice to shareholders that its 2020 Annual Meeting of Shareholders will be held at 10:30 a.m. on Monday, April 27, 2020. The Bank intends to call the meeting to order and immediately adjourn the meeting to Monday, June 8, 2020 at 10:30 a.m. The adjourned meeting scheduled for June 8, 2020 will be held virtually.

Due to the emerging public health impact of the coronavirus outbreak (COVID-19) and to support the health and well-being of our employees, shareholders, and our community please note that the location of the 2020 Annual Meeting of Shareholders has been changed and will be held over the web in a virtual meeting format only. To access the virtual meeting please click the Virtual Shareholder Meeting link. To login to the virtual meeting you have two option: Join as a “Guest” or Join as a “Shareholder”.

Summit State Bank (NASDAQ:SSBI) shareholders are no doubt pleased to see that the share price has bounced 33% in the...

Summit State Bank (NASDAQ:SSBI) shares have retraced a considerable in the last month. But plenty of shareholders will...

In 2016, Jim Brush was appointed CEO of Summit State Bank (NASDAQ:SSBI). This analysis aims first to contrast CEO...

SANTA ROSA, Calif., July 23, 2019 -- Summit State Bank (Nasdaq: SSBI) today reported net income for the quarter ended June 30, 2019 of $1,172,000 and diluted earnings per share.

In 2016 Jim Brush was appointed CEO of Summit State Bank (NASDAQ:SSBI). This analysis aims first to contrast CEO...

SANTA ROSA, Calif., April 27, 2020 -- Summit State Bank (Nasdaq: SSBI) today reported net income for the quarter ended March 31, 2020 of $2,415,000 and diluted earnings per.

Summit State Bank (SSBI) appointed Dawn Ross to its Board of Directors replacing a vacancy created by Board Member Bridget Doherty. Dawn’s extensive experience and dedication to local businesses and nonprofits makes her an excellent addition to our Board of Directors. Ms. Ross is a Founding Partner at Carle, Mackie, Power & Ross LLP and currently serves as the Managing Partner leading the employment group and commercial litigation team.

To the annoyance of some shareholders, Summit State Bank (NASDAQ:SSBI) shares are down a considerable 47% in the last...

Readers hoping to buy Summit State Bank (NASDAQ:SSBI) for its dividend will need to make their move shortly, as the...

Summit State Bank (NASDAQ:SSBI) shareholders are no doubt pleased to see that the share price has bounced 32% in the...

If you buy and hold a stock for many years, you'd hope to be making a profit. Furthermore, you'd generally like to see...

Summit State Bank (“Summit State” or the “Bank”) (SSBI) announced today that it has completed the private placement of $6 million in fixed-to-floating rate subordinated notes due June 30, 2029 (the “Notes”) to institutional accredited investors. Summit State intends to use the net proceeds from this placement to support organic growth and for general corporate purposes. The Notes have been structured to qualify as Tier 2 capital for Summit State for regulatory purposes and will bear interest at a fixed rate of 6.0% per annum until June 30, 2024.

SANTA ROSA, Calif., Oct. 22, 2019 -- Summit State Bank (Nasdaq: SSBI) today reported net income for the quarter ended September 30, 2019, of $2,045,000 and diluted earnings per.

Even if it's not a huge purchase, we think it was good to see that Allan Hemphill, the Chairman of the Board of Summit...

Summit State Bank (SSBI) President and CEO, James Brush announced his retirement as of the Annual Shareholder’s Meeting scheduled for April 27, 2020. Brush assumed the role of President and CEO in April of 2016 and has led the Bank through its recent growth and staff expansion.

Summit State Bank (SSBI) President and CEO, James Brush confirmed his retirement at today’s Board of Director’s Meeting. Brush assumed the role of President and CEO in April of 2016 and has led the Bank through its recent growth and staff expansion. In collaboration with the Board, Jim developed and executed a new and bold vision for the Bank.