TellerScore

Summit Bank no longer operates under this certificate. It failed on May 20, 2011. See the failure record.

Summit Bank is a bank based in Burlington, Washington.

There is not enough recent publicly reported data to show a TellerScore for Summit Bank.

TellerScore · —

Scorecard

Capital cushion—/100
Tier 1 leverage ratio: —
Loan quality—/100
Noncurrent loans ÷ total loans: —
Earnings—/100
Return on assets (annualized): —
Funding & liquidity—/100
Loans ÷ deposits and uninsured-deposit share: —
Problem-loan coverage—/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): —

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

0 quarters

Health trend

Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio—
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Total risk-based capital—
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Problem loans—
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Net charge-offs—
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Return on assets—
—
Net interest margin—
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Efficiency ratio—
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Loans to deposits—
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Uninsured deposits—
—
Loan-loss reserves—
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Texas ratio—
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Deposit insurance

Is my money safe at Summit Bank?

Summit Bank is no longer an active bank in FDIC records (since 2011).

Check how much of your own balance is covered

Identity & history

Profile

Legal name
Summit Bank
Former names
State Bank of Concrete
Type
State-chartered bank
FDIC certificate #
513
RSSD ID
124773
Primary regulator
FDIC
Holding company
Summit Banking Co
Established
January 1, 1914
Headquarters
723 Haggen Drive, Burlington, WA 98233

Quick answers

Summit Bank: common questions

Is Summit Bank FDIC insured?

Summit Bank is no longer an active bank in FDIC records (since 2011).

Has Summit Bank ever failed?

FDIC records show Summit Bank failed on May 20, 2011.