As covered in the segment on the national economy, there are thousands of leading indicators from which to forecast future conditions. There are exponentially fewer at the local/regional level to track economic shifts. We rely on population, employment, wages, and housing trend data to forecast the financial future. Here’s a […]
Central Oregon Economic Trends 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
Eugene, OR — The United States Small Business Association data is in and Summit Bank has achieved the number one position in the State of Oregon as the Small Business Administration (SBA) top lender for production. In the SBA fiscal year, Summit Bank facilitated a total of $30,709,900 in 7(a) loans. This
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
· Reported record asset-size of $1.08 billion, up 16.0 percent over Q1 2022 · Cash and securities totaled $291.4 million – 27 percent of total assets, an increase of 5.8 percent over Q1 2022 · Year over year Deposit Growth – $108.0 million or 13.0 percent over March 31, 2022 · Year over year
Summit Bank Group Reports 2023 1st Quarter Earnings and Record Asset Size 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
We are so proud of Jenny Bennett, CFMP for being named a finalist for Woman Business leaders Leader of the Year award by the Eugene Area Chamber of Commerce. “Jenny is a loyal and fierce advocate for children and families in our community and selflessly gives of her time and
