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BankHealth

SUMMIT STATE BANK

SANTA ROSA, CALIFORNIA · FDIC Cert #32203

D
Health Score
40/100
$1.1B
Total Assets
$967M
Total Deposits
10.22%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, SUMMIT STATE BANK holds a Tier 1 capital ratio of 10.22%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning SUMMIT STATE BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

3.87%
Nonperforming Loans
High — significant loan problems
11.39%
Liquidity Ratio
Adequate liquidity
0.61%
Return on Assets
Low profitability
$967M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

SUMMIT STATE BANK shows some financial weakness with a Health Score of 40/100. This does not mean the bank will fail, but some financial indicators are below average. Your FDIC-insured deposits (up to $250,000) are fully protected by the US government.

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 STATE BANK has a Bank Health Score of D (40/100). It holds a Tier 1 capital ratio of 10.22%, 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 STATE BANK holds $1.1B in total assets and $967M in total deposits. It is located in SANTA ROSA, CALIFORNIA (FDIC Certificate #32203).

SUMMIT STATE BANK has a Tier 1 capital ratio of 10.22%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 3.87%, and the return on assets is 0.61%.

Yes. SUMMIT STATE BANK is FDIC-insured (Certificate #32203). 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.

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