Summit State Bank (SSBI) — Financial statements
Income statement, balance sheet, and cash flow for Summit State Bank — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 59↓5.2% | 62↓4.7% | 65↑15.9% | 56↑21.0% | 46 | |
| Cost of Revenue | 26↓30.1% | 37↑48.6% | 25↑176.2% | 9↑60.2% | 6 | |
| Gross Profit | 33↑32.3% | 25↓38.0% | 40↓15.0% | 47↑15.5% | 41 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 16↓6.6% | 17↑1.7% | 17↑5.3% | 16↑16.4% | 14 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 0.97↓24.3% | 1↓14.2% | 1↑54.7% | 0.96 | |
| SG&A Expenses | 16↓11.5% | 18↓0.1% | 18↑3.7% | 18↑18.9% | 15 | |
| Other Expenses | 8↓29.9% | 11↑70.7% | 6↑15.5% | 5↑10.3% | 5 | |
| Operating Expenses | 24↓18.3% | 29↑18.1% | 25↑6.5% | 23↑16.8% | 20 | |
| Total Costs & Expenses | 50↓24.9% | 66↑33.4% | 50↑54.2% | 32↑26.4% | 26 | |
| Operating Results | ||||||
| Operating Income | 9↑304.3% | -4↓128.7% | 15↓36.0% | 24↑14.3% | 21 | |
| Depreciation & Amortization | 0.00↓100.0% | 0.39↑1.8% | 0.39↓1.5% | 0.39↓4.2% | 0.41 | |
| EBITDA | 9↑324.3% | -4↓125.5% | 16↓35.4% | 24↑14.0% | 21 | |
| EBIT | 9↑304.3% | -4↓128.7% | 15↓36.0% | 24↑14.3% | 21 | |
| Interest & Other Income | ||||||
| Net Interest Income | 35↑20.7% | 29↓17.4% | 35↓16.8% | 42↑12.8% | 37 | |
| Interest Income | 58↑0.3% | 58↓2.6% | 60↑23.0% | 49↑16.6% | 42 | |
| Interest Expense | 23↓19.8% | 29↑18.2% | 25↑279.5% | 7↑49.5% | 4 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 9↑304.3% | -4↓128.7% | 15↓36.0% | 24↑14.3% | 21 | |
| Income Tax Expense | 2↑1211.3% | -0.20↓104.4% | 4↓35.4% | 7↑11.6% | 6 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 7↑262.1% | -4↓138.7% | 11↓36.2% | 17↑15.4% | 15 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 7↑262.1% | -4↓138.7% | 11↓36.2% | 17↑15.4% | 15 | |
| Bottom-Line Net Income | 7↑262.1% | -4↓138.7% | 11↓36.2% | 17↑15.4% | 15 | |
| EPS (Basic) | 1.01↑262.9% | -0.62↓138.3% | 1.62↓36.2% | 2.54↑15.5% | 2.20 | |
| EPS (Diluted) | 1.01↑262.9% | -0.62↓138.3% | 1.62↓36.2% | 2.54↑15.5% | 2.20 | |
| Weighted Average Shares | 7↑0.2% | 7↑0.3% | 7↑0.1% | 7↑0.1% | 7 | |
| Weighted Average Diluted Shares | 7↑0.2% | 7↑0.2% | 7↑0.2% | 7↑0.1% | 7 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.