Summit Bank is updating Business Analysis Statements to give business clients a clearer view of their account activity, fees and earnings credits. A new statement schedule Statements will continue to cover activity through the end of each month. However, statements will now be generated—and Account Analysis fees assessed—on the 15th […]
Business Analysis Statements Are Getting Easier to Read Read More
To Our Clients, Shareholders, and Communities, At Summit Bank, being an independent community business bank is a responsibility we take seriously. We strive daily to earn the trust and confidence of our clients and communities. Founded in Oregon over twenty years ago, Summit Bank remains committed to serving Oregon businesses, professional firms, and nonprofits. Over the past two
Keeping Oregon’s Business Banking Local Read More
FOR IMMEDIATE RELEASE Contact: Craig Wanichek, President & Chief Executive Officer 541-684-7500 EUGENE, Ore. — Summit Bank Group (OTCID: SBKO) Summit Bank Group reported net income for the second quarter of $4.13 million or 52 cents per fully diluted share. Comparable earnings for second quarter of 2025 were $3.33 million or 42 cents per fully diluted share, representing an increase of 24.1 percent or 10 cents to earnings and earnings per fully diluted share respectively. Net interest income was $1.0 million higher
Summit Bank Group Reports 2026 2nd Quarter Earnings Read More
FOR IMMEDIATE RELEASE Contact: Gary O’Connell, Market President for Central Oregon, [email protected] Bend, Ore. — Summit Bank is pleased to announce the addition of Skylar Bush as Vice President, Business Client Advisor in Central Oregon. Bush brings more than a decade of banking experience to Summit Bank, with a strong background
The Pacific Northwest remains one of the best places to build and grow a business, but the environment is changing quickly. In this blog, Brian Thomas shares what he is seeing across the region, including the growing importance of succession planning, labor strategy, capital discipline, technology, and long-term preparation. For
The Next 5 Years Will Decide Who Wins in the Pacific Northwest Read More
Oregon’s Business Bank reports donating more than $1.2 million and logging 6,100 volunteer hours over the past five years. Eugene,Ore. — Summit Bank has released its first Community Impact Report, showing the Bank’s support for nonprofit organizations, local economic development, affordable housing, education, health and basic needs, and community programs across Oregon. The 2025
For construction companies, strong revenue does not always tell the full story. Cash flow can shift quickly between payroll, materials, subcontractor costs, equipment needs, retainage, and project delays. In this blog, Steve Watts explains how banks evaluate construction businesses, what makes the industry unique from a lending perspective, and why
Banking Construction Companies: What Matters Most Read More
FOR IMMEDIATE RELEASE Contact: Piotrek Buciarski, Market President, [email protected] PORTLAND, Ore. — Summit Bank is pleased to announce the addition of Brad Volchok as Senior Vice President, Business Client Advisor in the Bank’s Westside Office located in Hillsboro. With more than 20 years of commercial banking experience and a unique background as both a commercial banker and
Summit Bank Welcomes Brad Volchok as Senior Vice President, Business Client Advisor Read More
FOR IMMEDIATE RELEASE Contact: Craig Wanichek, President & Chief Executive Officer 541-684-7500 Record Quarterly Net Income Summit Bank Group reported net income for the first quarter of $4.56 million or 58 cents per fully diluted share. Comparable earnings for first quarter of 2025 were $2.93 million or 37 cents per fully diluted share, representing an increase of 54.0 percent or 21 cents to earnings and earnings per fully diluted share respectively. The first quarter earnings growth compared to the
Summit Bank Group Reports 2026 1st Quarter Earnings Read More
FOR IMMEDIATE RELEASE Contact: Jenny Bennett, Eugene & Springfield Market President, [email protected] Seasoned commercial banking leader to join Eugene & Springfield Office EUGENE, OR (April 28, 2026) — Summit Bank has announced Troy Reichenberger as Senior Vice President and Commercial Banking Co-Team Leader in its Eugene & Springfield office, adding an experienced commercial banking leader to one
SUMMIT BANK NAMES TROY REICHENBERGER AS COMMERCIAL BANKING CO-TEAM LEAD Read More
