Brian Reed - Summit State Executive Vice President Chief Credit Officer
| SSBI Stock | USD 13.77 0.10 0.73% |
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 | 67 |
| Tenure | 10 years |
| Address | 500 Bicentennial Way, Santa Rosa, CA, United States, 95403 |
| Phone | 707 568 6000 |
| Web | https://summitstatebank.com |
Summit State Management Efficiency
As of now, Summit State's Return On Tangible Assets are decreasing as compared to previous years. The Summit State's current Return On Assets is estimated to increase to 0.01, while Return On Capital Employed is projected to decrease to 0.02. As of now, Summit State's Return On Tangible Assets are decreasing as compared to previous years. The Summit State's current Fixed Asset Turnover is estimated to increase to 12.81, while Total Assets are projected to decrease to under 622.8 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.Management Performance
| Return On Equity | 0.0705 | ||||
| Return On Asset | 0.0066 |
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 | 0.0705 | ||||
| Return On Asset | 0.0066 | ||||
| Profit Margin | 0.21 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 32.48 M | ||||
| Shares Outstanding | 6.77 M | ||||
| Shares Owned By Insiders | 28.67 % | ||||
| Shares Owned By Institutions | 26.85 % | ||||
| Number Of Shares Shorted | 14.15 K | ||||
| Price To Earning | 8.66 X |
Currently Active Assets on Macroaxis
| FSLY | Fastly Class A | |
| MOB | Mobilicom Limited American | |
| CMG | Chipotle Mexican Grill | |
| CSAN | Cosan SA ADR | |
| RKT | Rocket Companies |
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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is there potential for Regional Banks market expansion? Will Summit introduce new products? 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. Understanding fair value requires weighing current performance against future potential. 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 3.276 | Return On Assets |
Summit State Bank's market price often diverges from its book value, the accounting figure shown on Summit's balance sheet. Smart investors calculate Summit State's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since Summit State's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental 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.