Vitals
  • Total Assets
    66.2M 4.1 %
  • Total Deposits
    51.8M 6.3 %
  • Total Net Loans
    46.4M 3.3 %
  • Net Income
    1.1M 37.2 %
  • Book Value
    11.3M 5.9 %
  • Book Value x2
    22.6M 5.9 %
  • Book Value x3
    34.0M 5.9 %
ROAA

2.337

ROAE

12.932

Efficiency Ratio

51.17

Net Interest Margin

4.933

Balance Sheet Highlights
Financial Highlights Summit Community Bank All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 66,240 127,701
Total Net Loans 46,449 78,251
Total Deposits 51,785 109,892
Total Equity 11,320 13,011
Profitability
Net Income 1,074 1,001
Return on Average Assets 2.337 .994
Return on Average Equity 12.932 9.51
Net Interest Margin 4.933 3.817
Efficiency Ratio 51.17 70.407
Noninterest Income/Revenue 12.006 13.414
Balance Sheet Ratios
Loan-to-Deposit 89.696 68.963
Securities/Assets .116 .2
Total Equity/Total Assets .171 .102
Tangible Equity/Tangible Assets .171 .1
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 10,993 12,656
Tier 2 Capital 608 996
Total Capital 11,601 13,678
Total Risk Weighted Assets 48,286 87,507
Leverage Ratio 17.26 10.063
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 22.77 15.531
Total Capital Ratio 24.03 16.657

Timeline for Summit Community Bank

Peoples Bank Midwest

Summit Community Bank was acquired by Peoples Bank Midwest 10 years

View Profile Dec 07 2013

Summit Community Bank

Summit Community Bank was established 17 years ago and is currently headquartered in Maplewood, MN.

May 07 2007

Hayward Bancshares, Inc.

Hayward Bancshares, Inc. became a new parent organization for Summit Community Bank.

View Profile May 07 2007
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Peoples Bank Midwest Buyer 321,902 Pooling of Interests Discontinued 12/7/2013
Relationships Role Relationship Start Relationship End
Hayward Bancshares, Inc. Parent 5/7/2007 12/6/2013
Similar Organizations
Organization City State Total Assets
First Bank And Trust Company
 		Minden NE 67.4M
Bank Of Lake Village
 		Lake Village AR 65.3M
Root River State Bank
 		Chatfield MN 68.1M
The Pleasants County Bank
 		Saint Marys WV 62.8M
The Bank Of Holyrood
 		Holyrood KS 62.6M
First Citizens Bank Of Butte
 		Butte MT 63.5M
Bank Of Hillsboro
 		Hillsboro MO 66.2M
Osb Community Bank
 		Brooklyn MI 65.5M
G. W. Jones Exchange Bank
 		Marcellus MI 60.4M
First State Bank Of Warner, S. Dak.
 		Warner SD 64.9M