Summit State Bank Balance Sheet - Annual (NASDAQ:SSBI)

Add to My Stocks
$14.4 $0.05 (0.35%) SSBI stock closing price Dec 09, 2016 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Summit State Bank stock analysis. Financial strength can be guaged by performing Summit State Bank stock analysis and by analyzing the balance sheet. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. The Summit State Bank balance sheet for 2011 shows cash on hand of $8.29M. The cash has decreased by $4.19M. View latest and last 10 year balance sheet data to check Summit State Bank financial performance..

show more
Annual
View Previous Years
View Next Years
Fiscal year is Jan - Dec. 2011 2010 2009 2008 2007 2006
Cash8.29M12.48M2.93M3.65M12.8M10.6M
Marketable Securities----0.08M0.45M
Receivables276.56M287.01M295.28M304.87M271.45M257.06M
Inventory1.07M0.75M----
Raw Materials------
Work In Progress------
Finished Goods------
Notes Receivable------
Other Current Assets------
Summit State Bank Total Current Assets
285.92M300.25M298.21M308.52M284.33M268.12M
Property Plant & Equipment------
Accumulated Depreciation------
Summit State Bank Net Property Plant & Equipment
6.73M7.3M7.72M7.81M8.46M8.17M
Investment & Advances90.85M36.25M30.34M44.12M43.27M32.52M
Other Non-Current Assets------
Deferred Charges------
Intangibles4.11M4.11M4.11M4.11M4.11M4.11M
Deposits & Other Assets------
Summit State Bank Total Assets
387.62M347.93M340.4M364.58M340.19M312.95M
Notes Payable-----0.25M
Accounts Payable312.05M279.97M264.25M252.76M249.01M232.97M
Current Portion Long-Term Debt------
Current Portion Capital Leases------
Accrued Expenses0.8M0.64M0.52M0.85M0.85M0.44M
Income Taxes Payable------
Other Current Liabilities------
Summit State Bank Total Current Liabilities
312.86M280.62M264.77M253.61M249.87M233.67M
Mortgages------
Deferred Taxes/Income------
Convertible Debt------
Long-Term Debt13.75M12M20.12M55.42M42.6M31.46M
Non-Current Capital Leases------
Other Long-Term Liabilities------
Summit State Bank Total Liabilities
326.61M292.62M284.89M309.03M292.47M265.13M
Minority Interest------
Preferred Stock13.66M8.11M7.98M7.86M--
Common Stock Net36.35M36.31M36.89M36.25M36.24M36.69M
Capital Surplus------
Retained Earnings10.03M10.16M10.61M10.75M11.45M11.25M
Treasury Stock------
Other Liabilities0.96M0.72M-0.67M0.01M-0.14M
Summit State Bank Shareholders Equity
61M55.3M55.5M55.54M47.71M47.81M
Summit State Bank Total Liabilities & Shareholders Equity
387.62M347.93M340.4M364.58M340.19M312.95M
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Years
View Next Years
Get Balance sheet for another ticker

Most investors just check the Summit State Bank stock price, and Summit State Bank historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Summit State Bank PE ratio chart. Below is a brief explanation of common balance sheet terms:
  • Assets: An asset is a resource that a corporation like Summit State Bank owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for SSBI stock as of year is $387.62M. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for Summit State Bank is $326.61M. Shareholders' equity comes under liabilities as it is money the company owes the holders of SSBI stock.
.