Summit Bank Group reported net income for the first quarter of $2.4 million or 31 cents per fully diluted share. Comparable earnings for the quarter ended December 31, 2023 were $1.68 million or 22 cents per fully diluted share, representing an increase of 41 percent or 9 cents to earnings and earnings per […]
Summit Bank Group Reports 2024 1st Quarter Earnings Read More
Eugene, OR, April 11, 2024 – Summit Bank, in partnership with Federal Home Loan Bank of Des Moines (FHLB Des Moines), is pleased to announce that DevNW will receive a $20,000 grant from the FHLB Des Moines Member Impact Fund. This matching grant program, introduced in 2023, will provide nearly
Eugene, Oregon, April 8, 2024 – Summit Bank, Oregon’s premier business bank was given a 5-star rating from Bauer Financial for another year, solidifying its position as a top performer in the banking industry. Bauer Financial, the leading independent bank rating firm, has again recognized Summit Bank’s commitment to excellence
Summit Bank Achieves 5-Star Rating from Bauer Financial for Another Consecutive Year Read More
Summit Bank is demonstrating a commitment to the downtown Portland business community by signing a new 10-year lease on the 17th floor of the Koin Tower. The Bank is currently located on the second floor of the same building. The relocation will allow for an upgraded 8,000-square-foot office space. With
Summit Bank signs 10-year lease in Downtown Portland Read More
Eugene, OR, April 3, 2024 – Summit Bank, a leading financial institution, is proud to announce a transition in its leadership team, marking a pivotal moment in its history. After 20 years of dedicated service as the founding Chief Financial Officer (CFO), Scott Goldstein has achieved a significant personal and
Summit Bank Announces Strategic Leadership Transition and New Role Creation  Read More
Eugene, Oregon – February 22, 2024 – Today marks a significant milestone for Summit Bank, Oregon’s premier community business bank, as it celebrates its 20th anniversary. Founded in 2004, Summit Bank opened its doors as the first independent community bank in the Eugene/Springfield area in over 25 years, revitalizing the
Summit Bank: Celebrating 20 Years of Serving Oregon Communities Read More
February 5, 2024: Eugene, OR – Jenny Bennett, Market President of Summit Bank (OTC PINK: SBKO), announced today the promotion of Devon Myers to Assistant Vice President, Marketing Specialist. In his new capacity, Myers will oversee enterprise marketing programs across all the bank’s markets, including Eugene/Springfield, the Portland Metropolitan area,
SUMMIT BANK ANNOUNCES PROMOTION OF DEVON MYERSÂ Â Read More
Portland, OR – Summit Bank is proud to announce that its Chief Operating Officer, Chris Hemmings, has been named an Executive of the Year by the Portland Business Journal. The Executive of the Year award is a prestigious recognition of top executives in the Portland area who have shown outstanding
Chris Hemmings named an Executive of the Year by the Portland Business Journal Read More
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
Summit Bank is excited to announce the well-deserved promotion of Chase Pearson as Assistant Vice President, SBA (Small Business Administration) Portfolio Manager. This promotion marks a significant milestone in Chase’s illustrious career, reflecting his dedication, expertise, and leadership in the banking sector. His journey with Summit Bank began in 2016
