Author name: Summit Bank

SUMMIT BANK GROUP, INC. ANNOUNCES NEWS OF REPURCHASE PROGRAM 

Summit Bank Group, Inc. (the “Company”) (OTCID: SBKO), the holding company for Summit Bank, announced it has adopted a new program to repurchase up to $864,000 worth of shares of its common stock.  This is the Company’s second stock repurchase program since completing its holding company formation in 2020.    Repurchases are expected to commence on or after February 2, 2026.  Shares may be repurchased in open market or private transactions or pursuant to any trading […]

SUMMIT BANK GROUP, INC. ANNOUNCES NEWS OF REPURCHASE PROGRAM  Read More

Summit Bank Group Reports  Record Earnings for 4th Quarter 2025 

FOR IMMEDIATE RELEASE  Contact:   Craig Wanichek, President & Chief Executive Officer 541-684-7500  EUGENE, Ore.–(BUSINESS WIRE)–Summit Bank Group (OTCID: SBKO)   Summit Bank Group reported net income for the fourth quarter of $4.18 million or 53 cents per fully diluted share, which was the highest ever single quarter earnings per share for the Company, outperforming the previous quarter’s result of 50 cents per share, which was

Summit Bank Group Reports  Record Earnings for 4th Quarter 2025  Read More

Summit Bank Earns 2026 Best Place for Working Parents Designation in Lane County 

EUGENE, OR — January 16, 2026 – Summit Bank has again been recognized as a 2026 Best Place for Working Parents in Lane County, reaffirming the Bank’s continued commitment to supporting working families through policies and a workplace culture grounded in flexibility, care, and employee wellbeing.  The designation recognizes employers that implement research-backed practices

Summit Bank Earns 2026 Best Place for Working Parents Designation in Lane County  Read More

Banker Spotlight: Meet Heather Gabbert Vice President, Market Development Officer

Approachable, creative, and deeply connected to the community, Heather Gabbert helps clients do more than “manage their money”: she helps them understand their relationship with money. Busting the “just numbers” myth For Heather, banking is never just dollars and decimals: “Banking and finance carry much more emotional weight than we

Banker Spotlight: Meet Heather Gabbert Vice President, Market Development Officer Read More

Spot Scams Before They Happen

Red flags to watch for: End the conversation immediately if you notice any of the following: Unsolicited contact about your accounts: Be cautious of unexpected calls, texts, or emails about your banking. Watch for typos, odd phrasing, or messages that just “don’t sound like us.” Urgent threats or pressure to

Spot Scams Before They Happen Read More

Summit Bank’s Gary O’Connell Named One of Portland Business Journal’s Executives of the Year, an Honor Recognizing the Region’s Top Business Leaders 

FOR IMMEDIATE RELEASE  Contact: Craig Wanichek, President & Chief Executive Officer, [email protected]   Summit Bank today announced that Gary O’Connell, Central Oregon Market President, has been named an Executive of the Year by the Portland Business Journal.  “Gary exemplifies community banking at its best, focused on clients, grounded in relationships, and

Summit Bank’s Gary O’Connell Named One of Portland Business Journal’s Executives of the Year, an Honor Recognizing the Region’s Top Business Leaders  Read More

Neighbors Nourish November Food Drive

This November, we’re launching Neighbors Nourish November across all Summit offices to support our local food banks when demand is highest. Here’s how we’ll make the biggest impact—together. We will have food bins that will be taking food donations in all of our offices. What to bring Most shelf-stable foods: Ready-to-eat items

Neighbors Nourish November Food Drive Read More

Record Quarterly Earnings for Summit Bank Group in 3rd quarter 2025  

FOR IMMEDIATE RELEASE  Contact:  Craig Wanichek, President & Chief Executive Officer 541-684-7500  Summit Bank Group reported net income for the third quarter of $3.94 million or 50 cents per fully diluted share, which was the highest ever single quarter earnings per share for the Company.  Comparable earnings for the third

Record Quarterly Earnings for Summit Bank Group in 3rd quarter 2025   Read More

Scroll to Top