Summit State Bank (SSBI)

10.00 -0.19 (-1.86%) As of 09:47AM EDT. Market open.

Summit State Bank

500 Bicentennial Way
Santa Rosa, CA 95403
United States
707 568 6000
https://summitstatebank.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 112

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Brian J. Reed	President, CEO & Director	627.13k	N/A	1959
Ms. Genie M. Del Secco	Executive VP & COO	411.4k	N/A	1969
Ms. Brandy A. Lee Seppi	Executive VP & Chief Lending Officer	398.95k	N/A	1975
Ms. Camille D. Kazarian	Executive VP & CFO	156.48k	N/A	1979
Ms. Elaina Hunt	Vice President of Marketing & Community Relations	N/A	N/A	N/A
Mr. Wayne Hoffer	Senior Vice President	N/A	N/A	N/A
Ms. Karen Holloway	Senior Vice President	N/A	N/A	N/A
Mr. Michael D. Floyd	Executive VP & Chief Credit Officer	N/A	N/A	1968
Ms. Barbara Gradman	Corporate Secretary	N/A	N/A	N/A
Ms. Patty A. Hoagland	Director of Information Services	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

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, and 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 term and equipment loans, as well as loans to agriculture-related businesses. In addition, the company provides Internet and telephone banking; and other services, such as banking by appointment, online banking, direct payroll and social security deposits, letters of credit, access to national automated teller machine networks, courier, safe deposit boxes, night depository facilities, notary, travelers checks, lockbox, and banking by mail. Further, it offers electronic banking, cash management, and electronic bill payment services. Summit State Bank was incorporated in 1982 and is headquartered in Santa Rosa, California.

Corporate governance

Summit State Bank’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.