SSBI: Summit State Bank - Summary | Jitta

Summit State Bank

NASDAQ:SSBI

Price
$15.36
Loss Chance
42.5%
6.60JITTA SCORE
70.18%Under Jitta Line
Jitta Ranking
129 / 366
146 / 758
300 / 5,159
Grow your money with Jitta Ranking. See details.
HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (65)
Recent Business Performance (49)
Financial Strength (86)
Return to Shareholders (58)
Competitive Advantage (75)
Jitta Signs
Revenue and EarningConsistent High Growth in the past 3 years
Operating MarginExpansion
CapExVery Low
Total DepositConsistent Growth
Net Interest MarginEfficiency
Loan to DepositAggressive
Key Stats
Jitta Score
Jitta Line
6.60
70.18%
5.86
19.87%
4.88
177.11%
Regional Banks
7.95
51.82%
7.45
49.33%
7.63
59.90%
COMPANY DESCRIPTION
Summit State Bank provides various banking products and services to individuals and businesses primarily in Sonoma County, California. It offers personal and business checking, money market, sweep, savings, and demand accounts; time certificates of deposit; and specialized deposit accounts, such as professional, small business packaged, tiered, and retirement plan accounts. The company also provides loans, including commercial loans and leases; lines of credit; commercial real estate, small business administration, residential mortgage, and construction loans; home equity lines of credit; and term and equipment loans, as well as loans to agriculture-related businesses. In addition, the company provides Internet and telephone banking; and other services, such as banking by appointment, online banking, direct payroll and social security deposits, letters of credit, access to national automated teller machine networks, courier, safe deposit boxes, night depository facilities, notary, travelers checks, lockbox, and banking by mail. Further, it offers electronic banking, cash management, and electronic bill payment services. Summit State Bank was incorporated in 1982 and is headquartered in Santa Rosa, California.