Summit State Bank
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Summit State Bank's balance sheet done over the years? Its assets were worth $1,122,508,000 last year, which is more than in the previous period. 91% of Summit State Bank’s total assets is currently financed by debt. Its liabilities reached the amount of $1,024,830,000, which means an decrease by 0% compared compared to last year.
Debt to Assets
| 2014 | 459675000 | 392.09M | 85.3% |
|---|---|---|---|
| 2015 | 513365000 | 456.04M | 88.83% |
| 2016 | 513704000 | 455.08M | 88.59% |
| 2017 | 610864000 | 551.18M | 90.23% |
| 2018 | 622104000 | 560.58M | 90.11% |
| 2019 | 695978000 | 628.63M | 90.32% |
| 2020 | 865854000 | 790.22M | 91.27% |
| 2021 | 958080000 | 873.79M | 91.2% |
| 2022 | 1115343000 | 1.02B | 92.06% |
| 2023 | 1122508000 | 1.02B | 91.3% |
SSBI Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 57.78M | 77.56M | 40.69M | 30.82M | 38.29M | 21.69M | 68.81M | 24.47M | 16.32M | 22.55M |
Short term investments | 84.54M | 83.78M | 69.36M | 67.95M | 54.24M | 70.17M | 78.77M | 107.77M | 128.59M | 124.72M |
Net receivables | 0 | 25.96M | 12.91M | 7.59M | 5.13M | 4.69M | 3.21M | 4.22M | 4.91M | 3.95M |
Inventory | 0 | -81.25M | -43.48M | -34.75M | -40.23M | 0 | 0 | 0 | 0 | 0 |
Other current assets | 0 | 81.25M | 43.48M | 34.75M | 40.23M | 437.46M | 363.90M | 251.95M | 219.31M | 163.82M |
Total current assets | 57.78M | 187.31M | 122.97M | 106.37M | 97.67M | 534.01M | 514.71M | 388.42M | 369.16M | 315.05M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 5.31M | 5.46M | 5.67M | 5.99M | 6.30M | 5.80M | 5.27M | 5.41M | 5.49M | 5.80M |
Goodwill | 4.11M | 4.11M | 4.11M | 4.11M | 4.11M | 4.11M | 4.11M | 4.11M | 4.11M | 4.11M |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 92.95M | 83.78M | 69.36M | 67.95M | 62.23M | 78.16M | 86.75M | 115.74M | 134.58M | 134.7M |
Other non-current assets | 952.55M | -10.45M | -6.13M | -4.43M | -3.00M | -2.46M | -1.44M | -1.66M | 491.99M | 430.85M |
Total non-current assets | 1.06B | 93.36M | 79.16M | 78.06M | 72.65M | 88.08M | 96.15M | 125.27M | 144.20M | 144.62M |
Total assets | 1.12B | 1.11B | 958.08M | 865.85M | 695.97M | 622.10M | 610.86M | 513.70M | 513.36M | 459.67M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | -5.92M | -105K | -799K | -30.16M | -54.20M | -12.32M | -51.96M | 0 | 0 |
Short term debt | 0 | 18.48M | 7.91M | 5.35M | 33.49M | 56.8M | 0 | 53.9M | 0 | 0 |
Total current liabilities | 926.18M | 12.56M | 7.80M | 4.55M | 3.33M | 2.59M | 2.67M | 1.93M | 2.99M | 1.83M |
| Non-current liabilities: | ||||||||||
Long term debt | 5.92M | 46.90M | 54.39M | 59.37M | 51.46M | 56.8M | 0 | 68.9M | 55.8M | 35M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 96.19M | -34.34M | -54.39M | -59.37M | -51.46M | 2.59M | 0 | -901K | -55.8M | -35M |
Total non-current liabilities | 102.11M | 12.56M | 54.39M | 59.37M | 51.46M | 56.8M | 15M | 68.9M | 55.8M | 35M |
Total liabilities | 1.02B | 1.02B | 873.79M | 790.22M | 628.63M | 560.58M | 551.18M | 455.08M | 456.04M | 392.09M |