Summit State Bank (SSBI) Balance Sheet
SSBI balance sheet, 2025
December 31, 2025 · U.S. dollars$1.00B assets = $903.4M liabilities + $101.2M equity
Both columns are drawn to the same scale: what SSBI owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SSBI financial health
Descriptive bands, not a rating. Fiscal 2025.
SSBI balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $513.7M2016 | $1.00B2025 | +7.7%/yr | |
| Total liabilities | $455.1M2016 | $903.4M2025 | +7.9%/yr | |
| Shareholders’ equity | $58.6M2016 | $101.2M2025 | +6.3%/yr | |
| Cash & short-term investments | $132.2M2016 | $65.5M2025 | −7.5%/yr | |
| Total debt | $68.9M2016 | $5.9M2025 | −23.8%/yr | |
| Net cash (debt) | $63.4M2016 | $59.6M2025 | −$3.8M | |
| Working capital | −$251.6M2016 | $65.1M2025 | +$316.8M | |
| Book value per share | $8.832016 | $15.042025 | +6.1%/yr | |
| Debt / equity | 1.182016 | 0.062025 | −1.12 | |
| Shares outstanding | 6.6M2016 | 6.7M2025 | +0.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SSBI assets
SSBI liabilities and equity
SSBI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SSBI balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $65.5M | $111.5M | $134.1M | $161.4M | $110.1M | $98.8M | $92.5M | $91.9M | $147.6M | $132.2M |
| Cash & equivalents | $65.5M | $51.4M | $57.8M | $77.6M | $40.7M | $30.8M | $38.3M | $21.7M | $68.8M | $24.5M |
| Short-term investments | $55.4M | $60.1M | $76.3M | $83.8M | $69.4M | $68.0M | $54.2M | $70.2M | $78.8M | $107.8M |
| Receivables | $3.3M | $0 | $0 | $26.0M | $12.9M | $7.6M | $5.1M | $4.7M | $3.2M | $4.2M |
| Inventory | $0 | $0 | $0 | −$81.3M | −$43.5M | −$34.8M | −$40.2M | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $81.3M | $43.5M | $34.8M | $40.2M | $0 | $0 | $0 |
| Total current assets | $65.5M | $111.5M | $134.1M | $187.3M | $123.0M | $106.4M | $97.7M | $96.6M | $150.8M | $136.5M |
| Property, plant & equipment (net) | $4.8M | $5.2M | $5.3M | $5.5M | $5.7M | $6.0M | $6.3M | $5.8M | $5.3M | $5.4M |
| Goodwill & intangible assets | $0 | $0 | $4.1M | $4.1M | $4.1M | $4.1M | $4.1M | $4.1M | $8.2M | $8.2M |
| Long-term investments | $61.9M | $67.5M | $93.0M | $83.8M | $69.4M | $68.0M | $62.2M | $78.2M | $86.8M | $115.7M |
| Other non-current assets | $872.4M | $883.0M | $886.0M | $834.7M | $755.9M | $681.4M | $525.6M | $437.5M | $359.8M | $247.8M |
| Total assets | $1.00B | $1.07B | $1.12B | $1.12B | $958.1M | $865.9M | $696.0M | $622.1M | $610.9M | $513.7M |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | $12.6M | $5.3M | $4.6M | $3.3M | $2.6M | $2.7M | $1.9M |
| Short-term debt | — | $444,000 | $453,000 | $18.5M | $7.9M | $5.4M | $33.5M | $56.8M | $15.0M | $53.9M |
| Deferred revenue | — | — | — | −$5.9M | −$105,000 | −$799,000 | −$30.2M | −$54.2M | −$12.3M | −$52.0M |
| Total current liabilities | $383,000 | $962.6M | $1.01B | $975.2M | $816.9M | $730.8M | $577.2M | $503.8M | $536.2M | $388.1M |
| Long-term debt | $5.9M | $5.9M | $5.9M | $46.9M | $54.4M | $59.4M | $5.9M | $56.8M | $15.0M | $68.9M |
| Other long-term liabilities | $897.5M | $6.9M | $9.2M | $4.7M | $2.5M | $0 | $45.6M | $0 | $0 | $0 |
| Total liabilities | $903.4M | $975.4M | $1.02B | $1.03B | $873.8M | $790.2M | $628.6M | $560.6M | $551.2M | $455.1M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $38.0M | $37.7M | $37.5M | $37.2M | $37.0M | $37.0M | $37.0M | $37.0M | $36.8M | $36.7M |
| Retained earnings (deficit) | $69.7M | $62.9M | $69.0M | $61.4M | $47.6M | $37.5M | $29.9M | $26.3M | $23.4M | $22.8M |
| Accumulated other comprehensive income | −$6.5M | −$8.9M | −$8.8M | −$10.0M | −$376,000 | $1.1M | $457,000 | −$38.8M | −$37.4M | −$37.6M |
| Total shareholders' equity | $101.2M | $91.7M | $97.7M | $88.5M | $84.3M | $75.6M | $67.3M | $61.5M | $59.7M | $58.6M |
| Key figures | ||||||||||
| Total debt | $5.9M | $5.9M | $5.9M | $46.9M | $54.4M | $59.4M | $51.5M | $56.8M | $15.0M | $68.9M |
| Net cash (debt) | $59.6M | $105.5M | $128.2M | $114.4M | $55.7M | $39.4M | $41.1M | $35.1M | $132.6M | $63.4M |
| Working capital | $65.1M | −$851.1M | −$875.6M | −$787.9M | −$693.9M | −$624.5M | −$479.5M | −$407.2M | −$385.4M | −$251.6M |
| Tangible book value | $101.2M | $91.7M | $93.6M | $84.4M | $80.2M | $71.5M | $63.2M | $57.4M | $51.4M | $50.4M |
| Book value per share | $15.04 | $13.66 | $14.58 | $13.24 | $12.61 | $11.32 | $10.08 | $9.21 | $8.95 | $8.83 |
| Shares outstanding | 6.7M | 6.7M | 6.7M | 6.7M | 6.7M | 6.7M | 6.7M | 6.7M | 6.7M | 6.6M |
| Current ratio | 171.08 | 0.12 | 0.13 | 0.19 | 0.15 | 0.15 | 0.17 | 0.19 | 0.28 | 0.35 |
| Quick ratio | 179.80 | 0.12 | 0.13 | 0.19 | 0.15 | 0.15 | 0.17 | 0.19 | 0.28 | 0.35 |
| Debt / equity | 0.06 | 0.06 | 0.06 | 0.53 | 0.65 | 0.79 | 0.76 | 0.92 | 0.25 | 1.18 |
| Equity / assets | 10.1% | 8.6% | 8.7% | 7.9% | 8.8% | 8.7% | 9.7% | 9.9% | 9.8% | 11.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $112.6M | $115.5M | $65.5M | $67.9M | $133.8M | $83.1M | $111.5M | $157.1M | $123.2M | $121.5M | $134.1M | $166.9M |
| Cash & equivalents | $112.6M | $115.5M | $65.5M | $58.0M | $66.4M | $72.4M | $51.4M | $80.9M | $40.1M | $37.7M | $57.8M | $86.6M |
| Short-term investments | — | $10.6M | $55.4M | $10.0M | $67.4M | $10.7M | $60.1M | $76.2M | $83.1M | $83.8M | $76.3M | $80.3M |
| Receivables | $0 | $0 | $3.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $28.1M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$90.4M |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $90.4M |
| Total current assets | $112.6M | $115.5M | $65.5M | $67.9M | $133.8M | $83.1M | $111.5M | $157.1M | $123.2M | $121.5M | $134.1M | $195.0M |
| Property, plant & equipment (net) | $4.8M | $4.7M | $4.8M | $4.9M | $5.0M | $5.1M | $5.2M | $5.3M | $5.3M | $5.3M | $5.3M | $5.3M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.1M | $4.1M | $4.1M | $4.1M | $4.1M |
| Long-term investments | $0 | $70.0M | $61.9M | $16.7M | $74.3M | $75.9M | $67.5M | $83.9M | $91.0M | $92.0M | $93.0M | $80.3M |
| Other non-current assets | $842.4M | $805.7M | $872.4M | $917.0M | $819.4M | $899.3M | $883.0M | $868.4M | $858.3M | $857.2M | $886.0M | $857.5M |
| Total assets | $959.8M | $995.9M | $1.00B | $1.01B | $1.03B | $1.06B | $1.07B | $1.12B | $1.08B | $1.08B | $1.12B | $1.14B |
| Liabilities | ||||||||||||
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | $7.5M |
| Short-term debt | — | — | — | $393,000 | $350,000 | $396,000 | $444,000 | $412,000 | $3.9M | $29.0M | $453,000 | $480,000 |
| Deferred revenue | — | — | — | — | — | — | — | — | — | — | — | $7.1M |
| Total current liabilities | — | $879.3M | $383,000 | $888.8M | $922.6M | $957.1M | $962.6M | $1.00B | $966.6M | $939.2M | $1.01B | $1.04B |
| Long-term debt | $0 | $6.0M | $5.9M | $11.4M | $5.9M | $5.9M | $5.9M | $5.9M | $9.4M | $34.5M | $5.9M | $5.9M |
| Other long-term liabilities | $858.4M | $8.0M | $897.5M | $6.6M | $5.8M | $5.0M | $6.9M | $9.4M | $8.1M | $8.6M | $9.2M | $4.4M |
| Total liabilities | $858.4M | $893.3M | $903.4M | $906.8M | $934.4M | $968.0M | $975.4M | $1.02B | $984.1M | $982.3M | $1.02B | $1.05B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $38.0M | $38.0M | $38.0M | $37.9M | $37.8M | $37.8M | $37.7M | $37.7M | $37.6M | $37.6M | $37.5M | $37.4M |
| Retained earnings (deficit) | $70.0M | $71.3M | $69.7M | $68.6M | $67.8M | $65.4M | $62.9M | $70.0M | $69.7M | $69.5M | $69.0M | $67.9M |
| Accumulated other comprehensive income | −$6.7M | −$6.7M | −$6.5M | −$6.8M | −$7.5M | −$7.8M | −$8.9M | −$7.0M | −$9.3M | −$9.2M | −$8.8M | −$11.8M |
| Total shareholders' equity | $101.4M | $102.7M | $101.2M | $99.7M | $98.1M | $95.3M | $91.7M | $100.7M | $97.9M | $97.9M | $97.7M | $93.4M |
| Key figures | ||||||||||||
| Total debt | $6.0M | $6.0M | $5.9M | $11.4M | $5.9M | $5.9M | $5.9M | $5.9M | $9.4M | $34.5M | $5.9M | $5.9M |
| Net cash (debt) | $106.6M | $109.5M | $59.6M | $56.5M | $127.8M | $77.1M | $105.5M | $151.2M | $113.8M | $87.0M | $128.2M | $161.0M |
| Working capital | — | −$763.8M | $65.1M | −$820.9M | −$788.8M | −$874.0M | −$851.1M | −$845.6M | −$843.3M | −$817.7M | −$875.6M | −$843.4M |
| Tangible book value | $101.4M | $102.7M | $101.2M | $99.7M | $98.1M | $95.3M | $91.7M | $96.5M | $93.8M | $93.8M | $93.6M | $89.3M |
| Book value per share | $15.02 | $15.24 | $15.02 | $14.81 | $14.57 | $14.19 | $13.65 | $14.98 | $14.58 | $14.61 | $14.58 | $13.94 |
| Shares outstanding | 6.7M | 6.7M | 6.7M | 6.7M | 6.7M | 6.7M | 6.7M | 6.7M | 6.7M | 6.7M | 6.7M | 6.7M |
| Current ratio | — | 0.13 | 171.08 | 0.08 | 0.15 | 0.09 | 0.12 | 0.16 | 0.13 | 0.13 | 0.13 | 0.19 |
| Quick ratio | — | 0.13 | 179.80 | 0.08 | 0.15 | 0.09 | 0.12 | 0.16 | 0.13 | 0.13 | 0.13 | 0.19 |
| Debt / equity | 0.06 | 0.06 | 0.06 | 0.11 | 0.06 | 0.06 | 0.06 | 0.06 | 0.10 | 0.35 | 0.06 | 0.06 |
| Equity / assets | 10.6% | 10.3% | 10.1% | 9.9% | 9.5% | 9.0% | 8.6% | 9.0% | 9.1% | 9.1% | 8.7% | 8.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 31, 2025); data from EODHD.
SSBI financial position
At the end of fiscal 2025 (December 31, 2025), Summit State Bank had total assets of $1.0 billion (down 5.9% from a year earlier), total liabilities of $903.4 million and shareholders' equity of $101.2 million. It held $65.5 million in cash and short-term investments against $5.9 million of debt, a net cash position of $59.6 million. Its current ratio was 171.08. In the latest quarter (ended June 30, 2026) total assets were $959.8 million and equity $101.4 million.
Related: SSBI income statement, SSBI cash flow statement, SSBI key metrics. See the SSBI stock overview for the latest quote and news.
SSBI balance sheet FAQ
What are Summit State Bank's total assets?
Summit State Bank reported total assets of $1.0 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.1 billion a year earlier.
How much debt does Summit State Bank have?
Summit State Bank had $5.9 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.06.
How much cash does Summit State Bank have?
Summit State Bank held $65.5 million in cash and short-term investments at the end of fiscal 2025; with $5.9 million of debt that is net cash of $59.6 million.
What is Summit State Bank's book value?
Summit State Bank's shareholders' equity (book value) was $101.2 million at the end of fiscal 2025, or $15.04 per share.
What is Summit State Bank's current ratio?
Summit State Bank had current assets of $65.5 million and current liabilities of $0.4 million, a current ratio of 171.08 (it can cover its short-term obligations).