Summit Bancshares Inc

PINK:SMAL USA Banks - Regional
Market Cap
$52.39 Million
Market Cap Rank
#22986 Global
#8070 in USA
Share Price
$45.00
Change (1 day)
-0.88%
52-Week Range
$45.00 - $46.30
All Time High
$48.86
About

Summit Bancshares, Inc., through its subsidiary, Summit Bank, provides commercial credit and other banking services in California. It offers checking and savings accounts, and certificates of deposit. The company also provides commercial real estate, land development and construction, and commercial and consumer loans, as well as letters of credit. The company offers commercial credits and other … Read more

Summit Bancshares Inc (SMAL) - Total Liabilities

Latest total liabilities as of December 2007: $162.74 Million USD

Based on the latest financial reports, Summit Bancshares Inc (SMAL) has total liabilities worth $162.74 Million USD as of December 2007.

Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.

Summit Bancshares Inc - Total Liabilities Trend (1999–2024)

This chart illustrates how Summit Bancshares Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.

Summit Bancshares Inc Competitors by Total Liabilities

The table below lists competitors of Summit Bancshares Inc ranked by their total liabilities.

Company Country Total Liabilities
AleAnna, Inc. Class A Common Stock
NASDAQ:ANNA
USA $41.73 Million
Sunny Elec
KO:004770
Korea ₩1.24 Billion
King Gen PCL
BK:KGEN
Thailand ฿624.99 Million
Heartbeam Inc
NASDAQ:BEAT
USA $2.47 Million
National Energy Services Reunited Corp Warrants
NASDAQ:NESRW
USA $937.97 Million
Sernova Corp
OTCQB:SEOVF
USA $25.84 Million
Sotherly Hotels Inc
NASDAQ:SOHO
USA $374.63 Million

Liability Composition Analysis (1999–2024)

This chart breaks down Summit Bancshares Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric Value Description
Current Ratio 0.24 Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio N/A More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio N/A Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity 7.68 Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets 0.88 Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Summit Bancshares Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Summit Bancshares Inc (1999–2024)

The table below shows the annual total liabilities of Summit Bancshares Inc from 1999 to 2024.

Year Total Liabilities Change
2024-12-31 $246.18 Million -9.87%
2023-12-31 $273.14 Million -14.69%
2022-12-31 $320.16 Million -2.72%
2021-12-31 $329.13 Million +22.16%
2020-12-31 $269.42 Million +21.06%
2019-12-31 $222.55 Million -5.83%
2018-12-31 $236.34 Million +0.68%
2017-12-31 $234.76 Million +9.80%
2016-12-31 $213.80 Million +5.81%
2015-12-31 $202.07 Million +598714705.93%
2014-12-31 $33.75 -23.88%
2013-12-31 $44.34 -100.00%
2010-12-31 $165.54 Million +2.88%
2009-12-31 $160.90 Million -2.05%
2008-12-31 $164.27 Million +0.94%
2007-12-31 $162.74 Million -9.13%
2006-12-31 $179.09 Million +18.26%
2005-12-31 $151.45 Million -2.36%
2004-12-31 $155.11 Million +11.53%
2003-12-31 $139.07 Million +8.41%
2002-12-31 $128.28 Million -0.89%
2001-12-31 $129.44 Million +7.20%
1999-12-31 $120.75 Million --