Brian Reed - Summit State Executive Vice President Chief Credit Officer
| SSBI Stock | USD 11.64 0.03 0.26% |
President
Mr. Brian Reed was appointed as Executive Vice President, Chief Credit Officer of the Company effective December 5th, 2016. Brian brings over 30 years of lending and community banking experience to his role. Brian was in banking since 1985, most recently as EVP and Chief Credit Officer for First Community Bank. Brian earned his Master degree from the American Graduate School of International Management in Arizona, and graduated with a Bachelor degree in Business Economics from the University of California at Santa Barbara, with an emphasis in Accounting and Corporationrationrate Finance. Brian is the President elect of the Santa Rosa East Rotary, President of Children Family Circle and Treasurer of Free to Be. since 2016.
| Age | 66 |
| Tenure | 9 years |
| Address | 500 Bicentennial Way, Santa Rosa, CA, United States, 95403 |
| Phone | 707 568 6000 |
| Web | https://summitstatebank.com |
Summit State Management Efficiency
The Summit State's current Return On Tangible Assets is estimated to increase to -0.0037. The Summit State's current Return On Capital Employed is estimated to increase to -0.04. As of now, Summit State's Non Currrent Assets Other are increasing as compared to previous years. The Summit State's current Earning Assets is estimated to increase to about 80 M, while Total Assets are projected to decrease to under 601.8 M. Summit State's management efficiency ratios could be used to measure how well Summit State manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | -0.0141 | ||||
| Return On Asset | -0.0013 |
Summit State Bank Leadership Team
Elected by the shareholders, the Summit State's board of directors comprises two types of representatives: Summit State inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Summit. The board's role is to monitor Summit State's management team and ensure that shareholders' interests are well served. Summit State's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Summit State's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Barbara Gradman, Corporate Secretary | ||
| Michael Floyd, Executive Officer | ||
| Wayne Hoffer, Senior President | ||
| Karen CPA, Senior President | ||
| Brandy Seppi, Chief Credit Officer and Executive VP | ||
| John Osborne, Senior Manager | ||
| Karen Holloway, Senior President | ||
| Genie Secco, Executive COO | ||
| Brian Reed, Executive Vice President Chief Credit Officer | ||
| Elaina Hunt, Vice Relations | ||
| Patty Hoagland, Director Services | ||
| Camille Kazarian, Executive CFO | ||
| Michael Castlio, Executive Officer |
Summit Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Summit State a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.0141 | ||||
| Return On Asset | -0.0013 | ||||
| Profit Margin | (0.05) % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 33.73 M | ||||
| Shares Outstanding | 6.77 M | ||||
| Shares Owned By Insiders | 28.68 % | ||||
| Shares Owned By Institutions | 27.87 % | ||||
| Number Of Shares Shorted | 6.65 K | ||||
| Price To Earning | 8.66 X |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit State Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Summit State. If investors know Summit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit State listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.333 | Earnings Share (0.21) | Revenue Per Share | Quarterly Revenue Growth (0.03) | Return On Assets |
The market value of Summit State Bank is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit State's value that differs from its market value or its book value, called intrinsic value, which is Summit State's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit State's market value can be influenced by many factors that don't directly affect Summit State's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Summit State's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit State is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit State's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.