Summit Bank (OR)
Summit Bank (OR) is headquartered in Eugene and is the 8th largest bank in the state of Oregon. It is also the 1,808th largest bank in the nation. It was established in 2004 and as of June of 2018, it had grown to 70 employees at 3 locations. Summit Bank (OR) has an A health rating.
Family Friendly And Good Value.
I've banked with Summit Bank for several years and never plan to return to a big bank again. Everyone who has helped me seems happy to be of service, unlike other banks I've dealt with. Even with small transactions like deposits, withdrawals or money orders, the tellers are friendly and helpful. I did have one disappointing experience there however. I was trying to educate myself about investments. I spoke with a specialist there who seemed friendly at the time. But she failed to follow up with me like she promised. She said she'd call with options specifically suited to my needs, but I never heard from her.
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 57706 |
| Year Established | 2004 |
| Employees | 70 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.32% |
| Return on Equity - YTD | 13.36% |
| Annual Interest Income | $10.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $382.5MM$313.9MM |
| Loans | Q2 2018vs Q2 2017 | $314.0MM$255.1MM |
| Deposits | Q2 2018vs Q2 2017 | $341.6MM$277.7MM |
| Equity Capital | Q2 2018vs Q2 2017 | $37.0MM$32.6MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $4.7MM$3.8MM |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $1.6MM$214.00K |
| Real Estate Owned | Q2 2018vs Q2 2017 | $628.00K$658.00K |
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| Summit Bank (OR) Locations | ||
|---|---|---|
| Summit Bank | 96 East Broadway | Eugene, OR 97401 |
| Bend Branch | 560 Sw Columbia Street | Bend, OR 97702 |