About Summit Bank
Summit Bank is a publicly listed company based in Eugene (United States) founded in 2004. Summit Bank is recognized as Oregons leading community business bank. It operates on a Commission-Based model. Its chief executive, as recorded, is Craig Wanichek. Summit Bank offers products and services including Personal Banking and Business Banking. Its focus areas include Banking and Community Banking. Its competitors include Truist, Equity Bank and Citi; 1 of its 3 listed competitors has raised funding.
Company details
Summit Bank is established as a key player in Oregons community banking sector. Personalized service and local decision-making are provided to clients. Business and personal banking solutions are offered with a focus on local engagement. The bank is supported by an Oregon-based Board of Directors and Advisors. Services are tailored to meet the needs of businesses and individuals in Oregon and Southwest Washington. Online banking options are made available for client convenience. Community involvement and client success are prioritized in operations.
- Annual Revenue$82.42 M (USD)as on Dec 31, 2025
- Net Profit$14.36 M (USD)27.05as on Dec 31, 2025
- Latest Funding Round$179.99K (USD), Post-IPO
Jan 2022
Products & Services of Summit Bank
Summit Bank offers a comprehensive portfolio of products and services, including Personal Banking and Business Banking.
Personal banking services are provided for individual clients.
Business banking solutions are offered to local companies.
Apps and channels of Summit Bank
its YouTube channel Summit Bank has 59 subscribers and 30 videos.
Videos from Summit Bank
The most watched videos on Summit Bank's YouTube channel, Summit Bank (59 subscribers). Click a video to play it here.
More on Summit Bank.
Funding Insights of Summit Bank
- Total Rounds 1
- Last Round Post-IPO — $179,985
- First Round $179,985
(Jan 2022)
All 1 funding rounds of Summit Bank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2022 | $179,985 | Post-IPO | – | – | – |
People of Summit Bank
50 people are tracked at Summit Bank (36 in leadership, 14 in team).
| Name | Role | Group |
|---|---|---|
Craig Wanichek | CEO & President | Leadership |
Heather Gabbert | Vice President Market Development Officer | Leadership |
Andrew Schaer | Vp, Commercial Banking Portfolio Manager | Leadership |
Piotrek Buciarski Mba, Oly | Senior Vice President, Commercial Banking Team Leader | Leadership |
Chris Barron | Vp, Relationship Banking Manager | Leadership |
Jamie Louie-Smith | Senior Vice President, Business Client Advisor | Leadership |
Gary O'Connell | Market President | Leadership |
Roger Lee | Vice President & Business Client Advisor | Leadership |
Megan Moreland | Vp, Business Client Advisor | Leadership |
Kristi Allen | Vp, Business Client Advisor | Leadership |
Renda Wolford | Senior Vice President Director Of Operation’s | Leadership |
Mike Ziemann | President And CFO | Leadership |
Chris Hemmings | Evp, Chief Financial Officer | Leadership |
Margaret Fenton (Mickey) | Director, Human Resources | Leadership |
Brian Thomas | Senior Vice President, Commercial Banking Team Lead | Leadership |
Michaela Marcotte | Vp, Director Of Human Resources | Leadership |
Hans McKnight | Vp, Operations Support Officer | Leadership |
Ashley Horner | Executive Vice President, SBA Division President | Leadership |
Maarty Leunen | Assistant Vice President, Market Development | Leadership |
Stacy Koos | Senior Vice President, Market Development Officer | Leadership |
30 more people are available in the full profile.
Complete people profiles for Summit Bank
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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IPO & Listings of Summit Bank
Summit Bank is a publicly listed company on the OTC with ticker symbol SBKO in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date28 Dec 2006
- Listed onOTCMKTS: SBKO
- Listed entitySummit Bank Group, Inc.
- Exchange sectorFinance
- ISINUS86603R1005
- Share price$24.49 · 2026-10-12
- Market capitalisation$193.3M
- Price to earnings11.5
- EPS (diluted, trailing year)$2.13
- Volume (last session)200
Financials of Summit Bank
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $82.4M | $14.4M | |
| 2024 | $79.0M | $11.3M | |
| 2023 | $65.6M | $8.9M | |
| 2022 | $48.1M | $13.6M | |
| 2021 | $36.3M | $10.9M |
Detailed financial statements for Summit Bank
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Summit Bank
3 dated milestones of Summit Bank across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Summit Bank is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $180K.
Competitors of Summit Bank
Summit Bank has 3 listed competitors in our database, 1 of them funded. They include Truist, Equity Bank and Citi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| truist.com | 1872 | Charlotte, United States | 55,480 | Wealth advisory and banking services are offered to clients. | ||
| equitybank.com | 2002 | Wichita, United States | $89.7M | Commercial banking services are provided to businesses and individuals. | ||
| citigroup.com | 1812 | New York, United States | 500 | Diversified financial services are offered through commercial banking operations. |
Detailed competitors of Summit Bank
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Summit Bank
The website of Summit Bank (sbko.bank) receives about 8.4K visits a month.
- Monthly visits8.4K
▲ 48.8% vs previous month
Websites whose visitors overlap most with Summit Bank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| onpointcu.com | 100% | #33,160 | View details | ||
| summitfinancial.com | 85% | #3,577,363 | View details |
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Related news about Summit Bank
Complete news archive for Summit Bank
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Frequently Asked Questions about Summit Bank
Summit Bank was founded in 2004 and raised its 1st funding round 18 years after it was founded.
Summit Bank is headquartered in Eugene, United States. It is registered at Eugene, Oregon, United States.
Craig Wanichek is the CEO of Summit Bank, as recorded in our data.
Annual revenue of Summit Bank is $82.42M as on Dec 31, 2025.
Summit Bank is established as a key player in Oregons community banking sector. Personalized service and local decision-making are provided to clients. Business and personal banking solutions are offered with a focus on local engagement. The bank is supported by an Oregon-based Board of Directors and Advisors. Services are tailored to meet the needs of businesses and individuals in Oregon and Southwest Washington. Online banking options are made available for client convenience. Community involvement and client success are prioritized in operations.
Summit Bank's top competitors include Truist, Citi and Equity Bank.
Summit Bank offers Personal Banking and Business Banking.
Yes, Summit Bank is publicly traded on OTC under the ticker symbol SBKO.
Summit Bank operates through Summit Bank.