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

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$17 $0.65 (3.68%) SSBI stock closing price Feb 27, 2017 (Closing)

The fundamental analysis of this company requires a thorough look at Summit State Bank balance sheet. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Summit State Bank stock analysis. 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 total assets of $387.62M. View latest and last 10 year balance sheet data to check Summit State Bank financial performance..

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Fiscal year is Jan - Dec. 2011 2010 2009 2008 2007
Cash8.29M12.48M2.93M3.65M12.8M
Marketable Securities----0.08M
Receivables276.56M287.01M295.28M304.87M271.45M
Inventory1.07M0.75M---
Raw Materials-----
Work In Progress-----
Finished Goods-----
Notes Receivable-----
Other Current Assets-----
Summit State Bank Total Current Assets
285.92M300.25M298.21M308.52M284.33M
Property Plant & Equipment-----
Accumulated Depreciation-----
Summit State Bank Net Property Plant & Equipment
6.73M7.3M7.72M7.81M8.46M
Investment & Advances90.85M36.25M30.34M44.12M43.27M
Other Non-Current Assets-----
Deferred Charges-----
Intangibles4.11M4.11M4.11M4.11M4.11M
Deposits & Other Assets-----
Summit State Bank Total Assets
387.62M347.93M340.4M364.58M340.19M
Notes Payable-----
Accounts Payable312.05M279.97M264.25M252.76M249.01M
Current Portion Long-Term Debt-----
Current Portion Capital Leases-----
Accrued Expenses0.8M0.64M0.52M0.85M0.85M
Income Taxes Payable-----
Other Current Liabilities-----
Summit State Bank Total Current Liabilities
312.86M280.62M264.77M253.61M249.87M
Mortgages-----
Deferred Taxes/Income-----
Convertible Debt-----
Long-Term Debt13.75M12M20.12M55.42M42.6M
Non-Current Capital Leases-----
Other Long-Term Liabilities-----
Summit State Bank Total Liabilities
326.61M292.62M284.89M309.03M292.47M
Minority Interest-----
Preferred Stock13.66M8.11M7.98M7.86M-
Common Stock Net36.35M36.31M36.89M36.25M36.24M
Capital Surplus-----
Retained Earnings10.03M10.16M10.61M10.75M11.45M
Treasury Stock-----
Other Liabilities0.96M0.72M-0.67M0.01M
Summit State Bank Shareholders Equity
61M55.3M55.5M55.54M47.71M
Summit State Bank Total Liabilities & Shareholders Equity
387.62M347.93M340.4M364.58M340.19M
All figures in USD. M: Millions of USD, B: Billions of USD.
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The latest Summit State Bank stock price, and Summit State Bank historical stock prices show the stock price movement over time, and the Summit State Bank PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:
  • 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: This item on the balance sheet implies the firm's, in this case Summit State Bank's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for SSBI stock stand at $326.61M.
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