Summit Bank Group reported net income for the fourth quarter of $1.68 million, or $0.22 per fully diluted share. Comparable earnings for the quarter ended September 30, 2023 were $2.44 million, or $0.32 per fully diluted share, representing a decrease of 31 percent, or $0.11 to earnings and earnings per […]
Summit Bank Group Reports 2023 Year and 4th Quarter Earnings Read More
🚨 Weather Alert: Summit Bank Schedule Changes for Wednesday 1/17/24 🚨 Attention to all clients! Due to severe weather conditions, please note the following changes to our branch hours: 🌨️ Westside Portland Office: Closed on January 17, 2024. We will reopen on January 18. Stay safe and warm! 🌨️ Downtown
Weather Alert: Summit Bank Schedule Changes Read More
Notice to business clients of an important change to the Corporate Transparency Act (CTA) of 2021 regarding beneficial ownership information. Beginning January 1, 2024, many companies in the United States will be required to report information about individuals who ultimately own or control their company. These individuals are referred to
Corporate Transparency Act (CTA) of 2021 regarding beneficial ownership information Read More
Written by Roger Lee, Vice President, Business Client Advisor There are several points of data to help accurately forecast a change in the business cycle. One of the most reliable has historically been an inverted yield curve – when short-term debt instruments have higher yields than their long-term counterparts. Since
Is a National Economic Recession Inevitable in 2024? Read More
Summit Bank Group reported net income for the third quarter of $2.44 million or 32 cents per fully diluted share, equaling the earnings per share result for Q2 2023 and representing an increase of 6.7 percent or 2 cents per fully diluted share over the first quarter of 2023. Comparable
Summit Bank Group Reports 2023 3rd Quarter Earnings Read More
Eugene, OR – Summit Bank is pleased to announce that Chris Hemmings, Chief Operating Officer, has been appointed as the Board Chair for FOOD For Lane County, a leading non-profit organization dedicated to alleviating hunger and building a healthier community. Hemmings, who has been integral to Summit Bank’s growth over
Summit Bank’s Chris Hemmings Appointed Board Chair for FOOD For Lane County Read More
Summit Bank Group reported net income for the second quarter of $2.48 million or 32 cents per fully diluted share, representing an increase of 7 percent or 2 cents per fully diluted share over the first quarter of 2023. Comparable earnings for the second quarter of 2022 were $3.42 million
Summit Bank Group Reports 2023 2nd Quarter Earnings Read More
Summit Bank announced today that Ashley Mielenz has joined the Summit Bank team in Eugene/Springfield as a Relationship Banking Officer. Summit Bank’s corporate headquarters are in downtown Eugene. Mielenz brings to Summit extensive experience in the banking industry, having previously worked at several financial institutions in Oregon. In addition, Mielenz
SUMMIT BANK WELCOMES ASHLEY MIELENZ AS COMMERCIAL RELATIONSHIP BANKER Read More
Summit Bank is pleased to announce the promotion of Chris Barron to Vice President, Relationship Banking Manager for our Portland market. With over a decade of banking experience, Chris brings a wealth of knowledge and expertise to his new role. Since being hired a little over a year ago as
CHRIS BARRON PROMOTED TO VICE PRESIDENT, RELATIONSHIP BANKING MANAGER Read More
WESTSIDE PORTLAND: (April 10, 2023, 1915 NE Stucki Ave, Hillsboro, OR 97006, Suite #155) Summit Bank is happy to announce the addition of Senior Vice President and Commercial Team Lead, Dan Wahlin, to our Westside Portland office. Wahlin is a longtime Beaverton resident and veteran community banker. With almost 40
