BNET Industries
Last Fiscal Year Sales:$31.2M
- Public
- US
Dow Jones Description
Reaching new heights! Summit Bank Corporation (NASDAQ: SBGA) is the holding company for the Summit National Bank that provides services such as the acceptance of deposit products and the offering of commercial, financial, agricultural and other loans. It also provides 24-hour multilingual telephone banking, Internet banking, cash management services, safe deposit boxes, direct deposit of payroll and social security checks, and others. Founded in 1986 and headquartered in Atlanta, GA, it had 2005 revenue of $34.9 million and employs about 130 people. In April 2006, it acquired Concord Bank for a cash price of $23.7 million.
Number of Employees 127
Contact Information
4360 Chamblee-Dunwoody Rd
Atlanta, Georgia 30341
(770) 454-0400
Peer Companies
NAICS Code Commercial Banking: 522110
News & Analysis
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summit bank corp. and ucbh holdings inc. - All News and Analysis
UCBH Holdings, Inc. Completes Acquisition of Summit Bank Corporation
- 2007-01-03
SAN FRANCISCO -- UCBH Holdings, Inc. (NASDAQ:UCBH), the holding company of United Commercial Bank (UCB[TM]), today announced the completion of its acquisition of Summit Bank Corporation ("Summit"), the holding company of The Summit National Bank, on December 29, 2006. With headquarters in Atlanta, Georgia, The Summit National Bank has five...
Summit Bank Corporation Announces Quarterly Dividend
- 2006-10-31
ATLANTA -- Summit Bank Corporation (Nasdaq: SBGA) announced a quarterly dividend of $.10 per share payable to all shareholders of record on November 14, 2006, to be paid on November 24, 2006. Summit recently announced third quarter 2006 earnings of $1.62 million, or $0.23 diluted earnings per share, compared...
UCBH Holdings, Inc. Reports Third Quarter Results
- 2006-10-26
* Topline Growth of 19.2%
UCBH Holdings, Inc. Signs Definitive Agreement to Acquire Summit Bank Corporation; Acquisition Marks Further Expansion of UCBH Platform Into New Markets
- 2006-09-19
SAN FRANCISCO & ATLANTA -- UCBH Holdings, Inc. (Nasdaq:UCBH), the holding company of United Commercial Bank (UCBTM), and Summit Bank Corporation (Nasdaq:SBGA) ("Summit"), the holding company of The Summit National Bank, today announced that they have signed a definitive agreement for UCBH to acquire Summit, in a transaction valued at...
- 1
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