SMALSummit Bancshares, Inc.

About Summit Bancshares, Inc. (SMAL)

Summit Bancshares, Inc. (SMAL) is a Banks - Regional company headquartered in Oakland, CA, United States whose shares trade over-the-counter on the Pink tier.

Summit Bancshares, Inc. operates as the bank holding company for Summit Bank that provides banking and financial products and services to small and medium businesses, professionals, and individuals in California. It offers checking and savings accounts, money market accounts, and certificates of deposit. The company also provides term, commercial real estate, land development and construction, and equipment and small business loans, as well as commercial lines of credit and letters of credit. In addition, it offers credit and debit cards, cash management, online banking, remote deposit capture, and merchant card services, as well as safe deposit boxes. The company operates through three branches. The company was founded in 1982 and is based in Oakland, California

Products and services

Summit Bancshares, Inc is the holding company of Summit Bank located at 2969 Broadway, Oakland, CA 94611. Summit Bank is a local community bank which provides banking services to the community.

SMAL key facts

Ticker symbol

SMAL

Market tier

Pink

Sector

Financial Services

Industry

Banks - Regional

Headquarters

Oakland, CA, United States

Country of incorporation

US

Year of incorporation

1982

Employees

33

Estimated market cap

$52.45M (as of Apr 11, 2025)

Shares outstanding

1,164,191

Reporting standard

U.S. Reporting: Bank/Thrift

Audit status

Audited

Fiscal year end

12/31

Latest filing

Annual Report (Dec 31, 2023)

Summit Bancshares, Inc. leadership

• Shirley W. Nelson — CEO
• Steven K. Nelson — President
• Mani Ganesamurthy — CFO
• George Hollidge — Secretary
• Xong Chaymany — Accountant

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