Vitals
  • Total Assets
    1.2B -1.4 %
  • Total Deposits
    987.4M -2.5 %
  • Total Net Loans
    738.5M -2.2 %
  • Net Income
    3.4M -2.4 %
  • Book Value
    137.4M 6.7 %
  • Book Value x2
    274.7M 6.7 %
  • Book Value x3
    412.1M 6.7 %
ROAA

1.156

ROAE

10.068

Efficiency Ratio

58.582

Net Interest Margin

3.55

Balance Sheet Highlights
Financial Highlights Summit Bank All Insured Commercial Banks in Arkansas
Balance Sheet $(000)
Total Assets 1,180,886 273,242
Total Net Loans 738,531 166,651
Total Deposits 987,371 227,872
Total Equity 137,370 31,758
Profitability
Net Income 3,391 721
Return on Average Assets 1.156 .987
Return on Average Equity 10.068 8.732
Net Interest Margin 3.55 3.921
Efficiency Ratio 58.582 67.561
Noninterest Income/Revenue 11.159 18.889
Balance Sheet Ratios
Loan-to-Deposit 74.798 66.992
Securities/Assets .212 .221
Total Equity/Total Assets .116 .116
Tangible Equity/Tangible Assets .116 .109
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 136,465 29,597
Tier 2 Capital 10,194 2,195
Total Capital 146,659 31,789
Total Risk Weighted Assets 812,433 179,882
Leverage Ratio 11.63 11.011
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 16.8 17.719
Total Capital Ratio 18.05 18.93

Timeline for Summit Bank

Bank Of The Ozarks

Summit Bank was acquired by Bank Of The Ozarks 10 years

View Profile May 17 2014

Summit Real Estate Investments Inc

Summit Real Estate Investments Inc became a new subsidiary organization for Summit Bank.

View Profile Sep 10 2003

Summit Bancorp, Inc.

Summit Bancorp, Inc. became a new parent organization for Summit Bank.

View Profile Jan 16 1998

Summit Bank

Summit Bank was established 27 years ago and is currently headquartered in Arkadelphia, AR.

Jan 21 1997
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Bank Of The Ozarks Buyer 18,430,019 Acquisition Discontinued 5/17/2014
Relationships Role Relationship Start Relationship End
Summit Bancorp, Inc. Parent 1/16/1998 5/16/2014
Summit Real Estate Investments Inc Subsidary 6/30/2007 5/16/2014
Summit Real Estate Investments Inc Subsidary 9/10/2003 6/29/2007
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