Summit Bank Group Inc
Summit Bank Group, Inc., together with its subsidiaries, commercial banking, financing, real estate lending, and other services in Lane, Deschutes, Multnomah, and Washington counties in Oregon. It accepts various deposit products; certificate of deposit and money market accounts; and offers loan products, including commercial real estate, multi-family real estate, commercial and industrial, and s… Read more
Summit Bank Group Inc (SBKO) - Total Assets
Latest total assets as of June 2025: $1.25 Billion USD
Based on the latest financial reports, Summit Bank Group Inc (SBKO) holds total assets worth $1.25 Billion USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Summit Bank Group Inc - Total Assets Trend (2006–2024)
This chart illustrates how Summit Bank Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Summit Bank Group Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Summit Bank Group Inc's total assets of $1.25 Billion consist of 11.0% current assets and 89.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.3% |
| Accounts Receivable | $4.03 Million | 0.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Summit Bank Group Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Summit Bank Group Inc's current assets represent 11.0% of total assets in 2024, an increase from 5.3% in 2006.
- Cash Position: Cash and equivalents constituted 2.3% of total assets in 2024, down from 4.9% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 0.3% of total assets.
Summit Bank Group Inc Competitors by Total Assets
Key competitors of Summit Bank Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
Summit Bank Group Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Summit Bank Group Inc generates 0.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Summit Bank Group Inc generates $ 0.90 in net profit.
Summit Bank Group Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.07 | 0.13 | 0.14 |
| Quick Ratio | 0.07 | 0.13 | 0.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-816.02 Million | $ -753.55 Million | $ -378.74 Million |
Summit Bank Group Inc - Advanced Valuation Insights
This section examines the relationship between Summit Bank Group Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.40 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 16.1% |
| Total Assets | $1.25 Billion |
| Market Capitalization | $86.26 Million USD |
Valuation Analysis
Below Book Valuation: The market values Summit Bank Group Inc's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Summit Bank Group Inc's assets grew by 16.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Summit Bank Group Inc (2006–2024)
The table below shows the annual total assets of Summit Bank Group Inc from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.25 Billion | +16.11% |
| 2023-12-31 | $1.08 Billion | +11.26% |
| 2022-12-31 | $971.41 Million | +7.42% |
| 2021-12-31 | $904.28 Million | +18.68% |
| 2020-12-31 | $761.97 Million | +50.10% |
| 2019-12-31 | $507.66 Million | +21.83% |
| 2018-12-31 | $416.68 Million | +24.09% |
| 2017-12-31 | $335.79 Million | +18.98% |
| 2016-12-31 | $282.21 Million | +19.43% |
| 2015-12-31 | $236.30 Million | +31.82% |
| 2014-12-31 | $179.27 Million | +17.58% |
| 2013-12-31 | $152.46 Million | +69.96% |
| 2007-12-31 | $89.70 Million | +16.93% |
| 2006-12-31 | $76.72 Million | -- |