Summit Community Bank, Inc

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Summit Community Bank, Inc Locations

Deposit Rates - May 13, 2021

SAVINGS RATES APY MIN MAX
Savings
0.05% $2,500 $4,999 Compare
CD RATES APY MIN MAX
6 Mo CD
0.16% $10,000 $14,999 Compare
6 Mo CD
0.21% $100,000 $199,999 Compare
12 Mo CD
0.26% $10,000 $14,999 Compare
12 Mo CD
0.21% $10,000 $14,999 Compare
12 Mo CD
0.31% $100,000 $199,999 Compare
12 Mo CD
0.26% $100,000 $199,999 Compare
Special: 14 Mo CD
0.47% $50,000 - Compare
Special: 14 Mo CD
0.42% $50,000 - Compare
18 Mo CD
0.36% $10,000 $14,999 Compare
18 Mo CD
0.31% $10,000 $14,999 Compare
18 Mo CD
0.41% $100,000 $199,999 Compare
18 Mo CD
0.36% $100,000 $199,999 Compare
24 Mo CD
0.41% $10,000 $14,999 Compare
24 Mo CD
0.36% $10,000 $14,999 Compare
24 Mo CD
0.46% $100,000 $199,999 Compare
24 Mo CD
0.41% $100,000 $199,999 Compare
30 Mo CD
0.46% $10,000 $14,999 Compare
30 Mo CD
0.41% $10,000 $14,999 Compare
30 Mo CD
0.51% $100,000 $199,999 Compare
30 Mo CD
0.46% $100,000 $199,999 Compare
36 Mo CD
0.56% $10,000 $14,999 Compare
36 Mo CD
0.51% $10,000 $14,999 Compare
36 Mo CD
0.61% $100,000 $199,999 Compare
36 Mo CD
0.56% $100,000 $199,999 Compare
48 Mo CD
0.61% $10,000 $14,999 Compare
48 Mo CD
0.66% $100,000 $199,999 Compare
60 Mo CD
0.71% $10,000 $14,999 Compare
60 Mo CD
0.76% $100,000 $199,999 Compare
MM RATES APY MIN MAX
Money Market
0.05% $2,500 $2,999 Compare
Money Market
0.10% $10,000 $14,999 Compare
Money Market
0.10% $25,000 $29,999 Compare
INT CHECKING RATES APY MIN MAX
Int Ckg
0.05% $2,500 $3,499

Overview 2021

General Bank Information

FDIC Insured Yes
FDIC Certificate # 34102
Date Established 1995
Assets $ 3.11 billion
Loans $ 2.38 billion
Deposits $ 2.60 billion
Capital $ 327.35 million

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 99.72 million
Interest-bearing balances $ 80.27 million
Total securities $ 386.44 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 2.38 billion
Loan loss allowance $ 32.25 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 15.59 million
Goodwill and other intangibles $ 56.16 million
All other assets $ 107.24 million
     Total Assets $ 2.78 billion

LIABILITIES
Total deposits $ 2.60 billion
      Interest-bearing deposits $ 2.15 billion
      Deposits held in domestic offices $ 2.60 billion
      % insured (estimated) 77.03%
Federal funds purchased and repurchase agreements $ 0.15 million
Trading liabilities N.A.
Other borrowed funds $ 146.29 million
Subordinated debt N.A.
All other liabilities $ 29.90 millionn
      Total Liabilities $ 2.78 billion
      Shareholders’ Equity $ 327.35 million

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 114.98 million
Total Interest Expense $ 18.41 million
Net interest income $ 96.57 million
Provision for loan and lease losses $ 14.50 million
Total non interest income $ 14.49 million
Total non interest expense $ 58.76 million
Pre-tax Net Operating Income $ 37.81 million

Summit Community Bank, Inc is an FDIC insured institution headquartered at 310 N Main St, Moorefield, WV 26836.
It was founded in 1995 and has approximately $3 billion in assets. Customers can open an account at one of its 32 branches.