Summit Community Bank, Inc
This institution is no longer FDIC-active (merged, renamed, or closed). FDIC certificate #34102.
Total assets
—
Deposits
$3.8B
Q1 2024
Active branches
—
Closings since Jan 2020
9
7 openings since Jan 2020
Financial snapshot — Q1 2024
All quarters →Net income (quarter)
$18M
Return on assets
1.58%
Return on equity
13.61%
Noncurrent loan rate
0.59%
Deposits by year (Summary of Deposits)
22019
22020
32021
32022
42023
Values in $ billions, June 30 of each year.
Closings by year
32020
22021
12022
12023
22024
Openings by year
52020
12023
12024
Other network changes since 2020
- 1 branch relocations
- 17 branches acquired through purchases or mergers
Recent closings
- Summit Community Bank, Inc — Huntington, WVbank exits city940 5TH AVE · closed January 5, 2024
- Summit Community Bank, Inc — Huntington, WVbank exits city999 4TH AVE · closed January 5, 2024
- Summit Community Bank, Inc — Winchester, VAbank exits city2350 SOUTH PLEASANT VALLEY ROAD · closed March 31, 2023
- Summit Community Bank, Inc — Winchester, KYbank exits city57 S MAIN ST · closed August 26, 2022
- Summit Community Bank, Inc — Charleston, WVbank exits city620 VIRGINIA STREET EAST · closed October 1, 2021
- Summit Community Bank, Inc — Parkersburg, WVbank exits city2107 PIKE STREET · closed June 30, 2021
- Summit Community Bank, Inc — Martinsburg, WVbank exits city1321 EDWIN MILLER BLVD. · closed April 24, 2020
- Summit Community Bank, Inc — Bluefield, WVbank exits city500 FEDERAL STREET · closed March 2, 2020
- 7835 UNIVERSITY TOWN CENTRE DR. · closed March 2, 2020
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits.