SSBI
Price:
$11.13
Market Cap:
$74.78M
Summit State Bank provides various banking products and services to individuals and businesses primarily in Sonoma County, California. It offers personal and business checking, money market, sweep, savings, and demand accounts; time certificates of deposit; and specialized deposit accounts, such as professional, small business packaged, tiered, individual retirement, and other retirement plan accounts. The company also provides loans, including commercial loans and leases; lines of credit; commercial real estate, small business administration, residential mortgage, and construction loans; home equity lines of credit; and lines of credit, term, and equipment loans, as well as loans to agricul...[Read more]
Industry
Banks - Regional
IPO Date
2006-07-14
Stock Exchange
NASDAQ
Ticker
SSBI
According to Summit State Bank’s latest financial reports and current stock price. The company's current Current Ratio is 0.15. This represents a change of 66.86% compared to the average of 0.09 of the last 4 quarters.
The mean historical Current Ratio of Summit State Bank over the last ten years is 0.21. The current 0.15 Current Ratio has changed 6.80% with respect to the historical average. Over the past ten years (40 quarters), SSBI's Current Ratio was at its highest in in the December 2015 quarter at 0.37. The Current Ratio was at its lowest in in the March 2023 quarter at 0.
Average
0.21
Median
0.18
Minimum
0.12
Maximum
0.37
Discovering the peaks and valleys of Summit State Bank 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 = 27.60%
Maximum Annual Current Ratio = 0.37
Minimum Annual Increase = -31.85%
Minimum Annual Current Ratio = 0.12
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.12 | -12.82% |
| 2023 | 0.13 | -30.85% |
| 2022 | 0.19 | 27.60% |
| 2021 | 0.15 | 3.43% |
| 2020 | 0.15 | -13.99% |
| 2019 | 0.17 | -11.71% |
| 2018 | 0.19 | -31.85% |
| 2017 | 0.28 | -20.02% |
| 2016 | 0.35 | -5.37% |
| 2015 | 0.37 | -11.80% |
The current Current Ratio of Summit State Bank (SSBI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.15
5-year avg
0.15
10-year avg
0.21
Summit State Bank’s Current Ratio is greater than Bank of the James Financial Group, Inc. (0), greater than Fifth District Savings Bank (0), less than First US Bancshares, Inc. (8.93), greater than United Bancorp, Inc. (0.03), greater than First Northwest Bancorp (0), greater than IF Bancorp, Inc. (0.00), greater than Broadway Financial Corporation (0), greater than NSTS Bancorp, Inc. (0), less than Pathward Financial, Inc. (165.21), greater than First Seacoast Bancorp (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $80.53M | |
| 0 | $76.35M | |
| 8.93 | $79.81M | |
| 0.03 | $77.75M | |
| 0 | $89.19M | |
| 0.00 | $85.36M | |
| 0 | $58.81M | |
| 0 | $61.03M | |
| 165.21 | $1.69B | |
| 0 | $56.64M |
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What is the Current Ratio?
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What is Summit State Bank's Current Ratio?
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How does the current Current Ratio for Summit State Bank (SSBI) compare to its historical average?