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

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$12.65 $0.05 (0.4%) SSBI stock closing price Sep 22, 2017 (Closing)

The financial analysis of a company like Summit State Bank involves checking the three financial statements of the company in detail, of which the balance sheet is one. Financial strength can be guaged by performing Summit State Bank stock analysis and by analyzing the balance sheet. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. The Summit State Bank balance sheet for 2011 shows cash on hand of $8.29M. The cash has decreased by $4.19M. View latest 0 year balance sheet data to check Summit State Bank financial performance.

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Fiscal year is Jan - Dec.20112010200920082007
Marketable Securities----0.08M
Raw Materials-----
Work In Progress-----
Finished Goods-----
Notes Receivable-----
Other Current Assets-----
Summit State Bank Total Current Assets
Property Plant & Equipment-----
Accumulated Depreciation-----
Summit State Bank Net Property Plant & Equipment
Investment & Advances90.85M36.25M30.34M44.12M43.27M
Other Non-Current Assets-----
Deferred Charges-----
Deposits & Other Assets-----
Summit State Bank Total Assets
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
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
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
Summit State Bank Total Liabilities & Shareholders Equity
All figures in USD. M: Millions of USD, B: Billions of USD.

Looking at Summit State Bank historical stock prices and the current Summit State Bank stock price can tell you how the stock price has moved, whereas the Summit State Bank PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:
  • Assets: An asset is a resource that a corporation like Summit State Bank owns and has monetary significance. SSBI assets grew from $347.93M in 2010 to $387.62M in 2011 . Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • 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.

Summit State Bank Balance Sheet - Key Ratios