Summit Bancshares, Inc.

Summit Bancshares, Inc. - Current Ratioverified

SMAL

Price:

$58.07

Market Cap:

$67.60M

Summit Bancshares, Inc., operating through its subsidiary Summit Bank in California, provides a range of banking services, including commercial lending. Clients can access various deposit products, such as checking and savings accounts, alongside certificates of deposit. The institution also extends financing for commercial real estate, land development, and construction projects, as well as general commercial and consumer loans, and issues letters of credit. With three branch locations, the company serves a broad customer base, including small and mid-sized businesses, diverse professionals (such as physicians, attorneys, accountants, real estate developers, retailers, service firms, wholes...[Read more]

Industry

Banks - Regional

IPO Date

1999-11-30

Stock Exchange

OTC

Ticker

SMAL

The Current Ratio as of June 2026 (TTM) for Summit Bancshares, Inc. (SMAL) is 82.86

According to Summit Bancshares, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 82.86. This represents a change of 35.36% compared to the average of 0.23 of the last 4 quarters.

Summit Bancshares, Inc. (SMAL) Historical Current Ratio (quarterly & annually)

How has SMAL Current Ratio performed in the past?

The mean historical Current Ratio of Summit Bancshares, Inc. over the last ten years is 8.63. The current 82.86 Current Ratio has changed 95.93% with respect to the historical average. Over the past ten years (40 quarters), SMAL's Current Ratio was at its highest in in the September 2004 quarter at 285.48. The Current Ratio was at its lowest in in the December 2004 quarter at 0.16.

Quarterly (TTM)
Annual

Average

8.63

Median

0.29

Minimum

0.15

Maximum

82.86

Summit Bancshares, Inc. (SMAL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Summit Bancshares, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 32.57%

Maximum Annual Current Ratio = 82.86

Minimum Annual Increase = -62.12%

Minimum Annual Current Ratio = 0.15

Quarterly (TTM)
Annual
YearCurrent RatioChange
202582.8632.57%
20240.25-16.90%
20230.3122.67%
20220.2570.10%
20210.15-20.60%
20200.18-34.09%
20190.28-3.97%
20180.29-62.12%
20170.77-18.68%
20160.9421.32%

Summit Bancshares, Inc. (SMAL) Average Current Ratio

How has SMAL Current Ratio performed in the past?

The current Current Ratio of Summit Bancshares, Inc. (SMAL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

27.81

5-year avg

16.76

10-year avg

8.63

Summit Bancshares, Inc. (SMAL) Current Ratio vs. Peers

How is SMAL’s Current Ratio compared to its peers?

Summit Bancshares, Inc.’s Current Ratio is greater than 1ST SUMMIT BANCORP of Johnstown, Inc. (0.01), greater than Community Heritage Financial, Inc. (0), greater than First Bancshares, Inc. (34.59), greater than KS Bancorp, Inc. (0), greater than Madison County Financial, Inc. (0.27), greater than Bank of San Francisco (0.18), greater than First Bankers Trustshares, Inc. (1.29), greater than Juniata Valley Financial Corp. (1.29), greater than Citizens Bancorp of Virginia, Inc. (0), greater than Keweenaw Financial Corporation (0.10),

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