Summit State Bank

SSBI

SSBISummit State Bank US flag

NASDAQ Global Market

13.55

USD

+0.00

- -

91.75MMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	18	18	18	19	20	21	20	24	25	34	42	50	40	33	35
+ Sales & Services Revenue	18	18	18	19	20	21	20	24	25	34	42	50	40	33	35
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	-6	-7	-9	-10	-8	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	7	8	8	8	8	10	11	12	13	13	15	18	18	18	18
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-7	-8	-8	-8	-8	-10	-11	-12	-13	-13	-15	-18	-18	-18	-18
Operating Income (Loss)	- -	6	7	9	10	8	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-4	- -	- -	- -	- -	- -	-6	-8	-9	-15	-21	-24	-15	4	-9
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-4	- -	- -	- -	- -	- -	-6	-8	-9	-15	-21	-24	-15	4	-9
Pretax Income	4	6	7	9	10	8	6	8	9	15	21	24	15	-4	9
- Income Tax Expense (Benefit)	2	2	3	4	4	3	3	2	2	4	6	7	4	- -	2
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	2	3	4	5	6	5	3	6	6	11	15	17	11	-4	7
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	2	3	4	5	6	5	3	6	6	11	15	17	11	-4	7
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	2	3	4	5	6	5	3	6	6	11	15	17	11	-4	7
- Preferred Dividends	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	2	3	4	5	6	5	3	6	6	11	15	17	11	-4	7
EBIT	- -	6	7	9	10	8	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	1	7	8	10	11	9	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	6.1	35.77	43.7	51.58	52.5	42.34	1.67	1.45	1.96	1.26	0.97	0.79	0.96	1.2	1.09
EBITA	- -	6	7	9	10	8	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	31.91	40.31	49.33	50.58	40.83	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	12.6	18.76	23.7	29	29.73	24	16.23	24.35	25.46	30.56	34.95	34.19	26.87	-12.81	19.42
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.35	0.34	0.34	0.34	0.36	0.35	0.41	0.44	0.44	0.44	0.45	0.48	0.49	0.28	- -
Depreciation Expense	1	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic Weighted Avg Shares	7	7	7	7	7	7	7	7	7	7	7	7	7	7	- -
Basic EPS, GAAP	0.24	0.45	0.62	0.81	0.9	0.75	0.5	0.87	0.97	1.58	2.2	2.54	1.62	-0.62	- -
Basic EPS from Cont Ops	0.34	0.53	0.66	0.83	0.92	0.75	0.5	0.87	0.97	1.58	2.2	2.54	1.62	-0.62	- -
Diluted Weighted Avg Shares	7	7	7	7	7	7	7	7	7	7	7	7	7	7	- -
Diluted EPS, GAAP	0.24	0.45	0.62	0.81	0.89	0.75	0.49	0.87	0.97	1.57	2.2	2.54	1.62	-0.62	- -
Diluted EPS from Cont Ops	0.34	0.53	0.66	0.83	0.91	0.75	0.49	0.87	0.97	1.57	2.2	2.54	1.62	-0.62	- -

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	97	149	132	147	145	132	148	92	93	99	110	161	134	111	121
+ Cash & Cash Equivalents	8	23	18	23	16	24	69	22	38	31	41	78	58	51	66
+ ST Investments	89	126	114	125	129	108	79	70	54	68	69	84	76	60	55
+ Accounts & Notes Receiv	7	4	7	4	5	4	3	5	5	8	13	26	- -	- -	- -
+ Accounts Receivable, Net	7	4	7	4	5	4	3	5	5	8	9	17	- -	- -	- -
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4	9	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-104	-153	-139	-151	-150	-136	-151	-97	-98	-106	-123	-187	-134	-111	-121
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip, Net	7	5	6	6	5	5	5	6	6	6	6	5	5	5	5
+ Property, Plant & Equip	13	12	12	12	12	12	12	12	13	13	14	14	14	14	14
- Accumulated Depreciation	6	7	6	6	6	6	7	7	7	7	8	8	9	9	9
+ LT Investments & Receivables	89	126	129	135	135	116	87	78	62	68	73	93	85	67	62
+ LT Investments	89	126	129	135	135	116	87	78	62	68	73	93	85	67	62
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-95	-131	-135	-141	-140	-121	-92	-84	-69	-74	-79	-98	-90	-73	-67
+ Total Intangible Assets	4	4	4	4	4	4	4	4	4	4	4	4	4	- -	- -
+ Goodwill	4	4	4	4	4	4	4	4	4	4	4	4	4	- -	- -
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-100	-135	-139	-145	-144	-125	-96	-88	-73	-78	-83	-102	-94	-73	-67
Total Assets	388	445	454	460	513	514	611	622	696	866	958	1,115	1,123	1,067	1,005
+ Payables & Accruals	1	1	3	2	3	2	3	3	3	5	5	13	- -	- -	- -
+ Accounts Payable	1	1	3	2	3	2	3	3	3	5	5	13	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-1	-1	-3	-2	-3	-2	-3	-3	-3	-5	-5	-13	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-1	-1	-3	-2	-3	-2	-3	-3	-3	-5	-5	-13	- -	- -	- -
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	14	40	48	35	56	69	15	57	51	59	54	47	6	6	6
+ LT Borrowings	14	40	48	35	56	69	15	57	51	59	54	47	6	6	6
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	-14	-40	-48	-35	-56	-69	-15	-57	-51	-59	-54	-47	-6	-6	-6
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-14	-40	-48	-35	-56	-69	-15	-57	-51	-59	-54	-47	-6	-6	-6
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	327	382	392	392	456	455	551	561	629	790	874	1,027	1,025	975	903
+ Preferred Equity and Hybrid Capital	14	14	14	14	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	73	73	73	73	73	73	74	74	37	37	37	37	37	38	38
+ Common Stock	36	36	37	37	37	37	37	37	37	37	37	37	37	38	38
+ Additional Paid in Capital	36	36	37	37	37	37	37	37	- -	- -	- -	- -	- -	- -	- -
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	10	11	13	17	20	23	23	26	30	38	48	61	69	63	70
+ Other Equity	1	2	-2	1	1	-1	-1	-2	- -	1	- -	-10	-9	-9	-6
Equity Before Minority Interest	61	63	62	68	57	59	60	62	67	76	84	89	98	92	101
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	61	63	62	68	57	59	60	62	67	76	84	89	98	92	101
Total Liabilities & Equity	388	445	454	460	513	514	611	622	696	866	958	1,115	1,123	1,067	1,005
Shares Outstanding	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	5	17	30	12	39	44	-54	35	13	29	14	-31	-52	-45	-60
Net Debt to Equity	8.95	27.11	49.31	18.42	68.86	75.78	-90.18	57.07	19.55	37.75	16.25	-34.63	-53.1	-49.57	-58.89
Tangible Common Equity Ratio	11.27	10.23	9.74	10.93	10.45	10.7	9.16	9.29	9.14	8.3	8.4	7.6	8.37	8.6	10.07
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	2	3	4	5	6	5	3	6	6	11	15	17	11	-4	7
+ Depreciation & Amortization	1	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Non-Cash Items	3	2	1	-1	-1	- -	-1	-1	18	-6	-7	-7	-5	9	3
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	1
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4	- -
+ Other Non-Cash Adj	3	2	1	-1	-1	- -	-1	-1	18	-6	-8	-8	-5	5	3
+ Chg in Non-Cash Work Cap	1	3	1	- -	- -	- -	1	-1	-1	-2	- -	3	-9	1	-4
+ (Inc) Dec in Accts Receiv	- -	2	-1	1	-1	2	1	-1	- -	-2	-1	-4	-2	-1	-3
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	2	-1	1	-1	1	- -	-1	- -	- -	7	-7	2	-1
+ Inc (Dec) in Other	- -	- -	- -	- -	-1	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	7	9	6	5	5	5	4	4	24	4	7	14	-2	6	7
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	-1	-1	- -	- -	- -	-1	-1	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	- -	- -	-1	-1	- -	- -	- -	-1	-1	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	-53	-36	-10	-1	-1	17	29	7	19	-4	-5	-32	- -	13	5
+ Dec in LT Investment	33	75	14	18	19	88	46	10	19	62	31	2	1	16	6
+ Inc in LT Investment	-86	-111	-24	-20	-20	-71	-17	-3	- -	-66	-36	-34	-1	-4	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	6	-14	-6	6	-56	-11	-82	-65	-90	-165	-70	-85	-20	24	74
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-47	-50	-17	4	-57	6	-52	-60	-72	-169	-75	-117	-20	37	79
+ Dividends Paid	-2	-2	-2	-2	-2	-2	-3	-3	-3	-3	-3	-3	-3	-2	- -
+ Net Cash From Debt	- -	-7	15	6	-15	4	- -	- -	18	41	-5	-8	-41	- -	- -
+ Cash From Debt	- -	- -	15	6	- -	15	- -	- -	18	46	- -	- -	- -	1,572	1,164
+ Repayments of Debt	- -	-7	- -	- -	-15	-11	- -	- -	- -	-5	-5	-8	-41	-1,572	-1,164
+ Other Financing Activities	39	62	-6	-6	64	-4	95	10	49	119	85	151	47	-47	-71
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	36	53	7	-2	47	-2	93	7	64	157	77	140	3	-49	-71
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-4	12	-4	7	-6	9	45	-49	17	-7	10	37	-20	-6	14
EBITDA	1	7	8	10	11	9	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	6.1	35.77	43.7	51.58	52.5	42.34	1.67	1.45	1.96	1.26	0.97	0.79	0.96	1.2	1.09
Free Cash Flow	7	8	5	4	4	5	4	3	23	4	7	14	-3	6	7
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	7	8	5	4	4	5	4	3	23	4	7	14	-3	- -	7
Free Cash Flow to Equity	12	1	20	10	-24	9	4	3	42	45	2	6	-44	6	7
Free Cash Flow per Basic Share	1.01	1.29	0.83	0.63	0.67	0.76	0.61	0.43	3.52	0.54	1.11	2.03	-0.39	0.84	- -
Price/Free Cash Flow	3.53	3.7	6.86	11.99	14.46	13.29	17.16	15.48	3.09	21.21	13.68	7.6	-38.5	8.45	- -
Cash Flow to Net Income	3.05	2.47	1.48	0.89	0.75	1.05	1.29	0.64	3.78	0.35	0.51	0.81	-0.22	-1.4	0.97
Capital Expenditures	- -	- -	-1	-1	- -	- -	- -	-1	-1	- -	- -	- -	- -	- -	- -