SUMMIT BANK
OAKLAND, CALIFORNIA · FDIC Cert #23864
Capital & Safety Analysis
According to FDIC financial data, SUMMIT BANK holds a Tier 1 capital ratio of 21.55%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning SUMMIT BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
SUMMIT BANK shows strong financial health indicators. With $296M in assets and a Health Score of 100/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
SUMMIT BANK has a Bank Health Score of A (100/100). It holds a Tier 1 capital ratio of 21.55%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
SUMMIT BANK holds $296M in total assets and $241M in total deposits. It is located in OAKLAND, CALIFORNIA (FDIC Certificate #23864).
SUMMIT BANK has a Tier 1 capital ratio of 21.55%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.00%, and the return on assets is 2.17%.
Yes. SUMMIT BANK is FDIC-insured (Certificate #23864). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.