Vitals
  • Total Assets
    1.2B 9.8 %
  • Total Deposits
    931.7M 7.5 %
  • Total Net Loans
    847.4M 14.1 %
  • Net Income
    10.3M -1.1 %
  • Book Value
    100.0M 9.0 %
  • Book Value x2
    200.0M 9.0 %
  • Book Value x3
    300.1M 9.0 %
ROAA

1.208

ROAE

14.413

Efficiency Ratio

55.669

Net Interest Margin

4.785

Balance Sheet Highlights
Financial Highlights Summit Bank, National Association All Insured Commercial Banks in Texas
Balance Sheet $(000)
Total Assets 1,178,730 149,651
Total Net Loans 847,441 85,707
Total Deposits 931,655 127,203
Total Equity 100,025 14,964
Profitability
Net Income 10,320 3,146
Return on Average Assets 1.208 1.489
Return on Average Equity 14.413 15.278
Net Interest Margin 4.785 4.6
Efficiency Ratio 55.669 64.993
Noninterest Income/Revenue 9.83 13.938
Balance Sheet Ratios
Loan-to-Deposit 90.961 63.474
Securities/Assets .211 .664
Total Equity/Total Assets .085 .1
Tangible Equity/Tangible Assets .076 -.165
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 92,378 14,394
Tier 2 Capital 10,399 1,001
Total Capital 102,777 15,388
Total Risk Weighted Assets 884,781 96,598
Leverage Ratio 8.03 10.325
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 10.44 17.244
Total Capital Ratio 11.62 18.276

Timeline for Summit Bank, National Association

Frost Bank

Summit Bank, National Association was acquired by Frost Bank 17 years

View Profile Dec 09 2006

Arlington National Bank

Acquisition: Summit Bank, National Association acquired a new subsidiary, Arlington National Bank, 19 years

View Profile May 01 2004

Sia Insurance Agency, Inc.

Sia Insurance Agency, Inc. became a new subsidiary organization for Summit Bank, National Association.

View Profile Jan 22 2003

Summit Delaware Financial Corporation

Summit Delaware Financial Corporation became a new parent organization for Summit Bank, National Association.

View Profile Dec 14 2001

Summit Community Bank, National Association

Acquisition: Summit Bank, National Association acquired a new subsidiary, Summit Community Bank, National Association, 22 years

View Profile May 14 2001

Want to see more?

Complete timeline for Summit Bank, National Association is available.

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Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Frost Bank Buyer 29,633,441 Acquisition Discontinued 12/9/2006
Arlington National Bank Seller 95,403 Acquisition Discontinued 5/1/2004
Summit Community Bank, National Association Seller 440,851 Pooling of Interests Discontinued 5/14/2001
Summit Bancservices, Inc. Seller Pooling of Interests Discontinued 5/14/2001
Relationships Role Relationship Start Relationship End
Summit Delaware Financial Corporation Parent 12/14/2001 12/8/2006
Summit Bancshares, Inc. Parent 7/8/1980 12/13/2001
Idi Summit, Ltd Subsidary 5/14/2001 12/8/2006
Sia Insurance Agency, Inc. Subsidary 1/22/2003 12/8/2006
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