SSBI

SANTA ROSA, Calif., Oct. 27, 2026 (GLOBE NEWSWIRE) -- Summit State Bank (the “Bank”) (Nasdaq: SSBI) today reported a net loss of $1,098,000, or $0.16 loss per diluted share for the third quarter ended September 30, 2026, compared to net income of $818,000, or $0.12 earnings per diluted share for the third quarter ended September 30, 2025. The current quarter's results were impacted by a $5,688,000 provision for credit losses on loans. During the third quarter of 2026, the Bank also recognized $507,000 in gross charge-offs as part of a comprehensive review of certain higher-risk credits and obtaining new information pertaining to collateral values. These actions reflect the Board's and management's ongoing efforts to address identified credit risks and pursue appropriate resolution strategies.

SANTA ROSA, Calif., July 28, 2026 (GLOBE NEWSWIRE) -- Summit State Bank (the “Bank”) (Nasdaq: SSBI) today reported a net loss of $1,307,000, or $0.19 loss per diluted share for the second quarter ended June 30, 2026, compared to net income of $2,417,000, or $0.36 per diluted share for the second quarter ended June 30, 2025.

SANTA ROSA, Calif., April 28, 2026 (GLOBE NEWSWIRE) -- Summit State Bank (the “Bank”) (Nasdaq: SSBI) today reported net income of $1,674,000, or $0.25 per diluted share for the first quarter ended March 31, 2026, compared to net income of $2,494,000, or $0.37 per diluted share for the first quarter ended March 31, 2025.