US-listed companies
SUMMIT FINANCIAL GROUP, INC.

SUMMIT FINANCIAL GROUP, INC.SMMF

Market cap

$377.14M

P/E ratio

Income statement Balance sheet Cash flow

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022
Taxable, Loans, including fees	59	55	50	50	52	56	74	85	97	105	112	145
Tax-exempt, Loans, including fees	-	-	-	-	-	-	-	-	-	-	-	0
Taxable, Securities	-	-	-	-	-	-	-	5	7	6	6	8
Tax-exempt, Securities	-	-	-	-	-	-	-	4	3	3	4	5
Interest on interest bearing deposits with other banks	0	0	0	0	0	0	1	1	1	0	0	0
Total interest income	71	64	57	58	59	64	85	95	107	115	122	159
Deposits	18	13	10	9	8	9	11	18	24	16	8	21
Short-term borrowings	0	0	0	0	1	2	4	6	5	2	2	4
Long-term borrowings and subordinated debentures	13	11	8	6	4	4	3	2	1	1	3	5
Total interest expense	31	24	18	15	13	15	18	26	30	20	12	30
Net interest income	40	40	39	42	46	49	66	70	77	95	110	129
Provision for credit losses	10	9	5	2	1	1	1	2	2	15	4	7
Net interest income after provision for credit losses	30	31	34	40	45	49	65	68	76	81	106	122
Fiduciary and Trust	-	-	-	-	-	-	-	3	3	2	3	3
Deposit Account	-	-	-	-	-	-	-	5	5	5	5	6
Credit and Debit Card	-	-	-	-	-	-	-	3	4	4	6	6
Revenue from contracts with customers	-	-	-	-	-	-	-	-	-	-	-	16
Mortgage origination revenue	-	-	-	-	-	-	-	-	-	3	4	1
Net realized (losses)/gains on debt securities	-	-	-	-	-	-	-	-	-	-	0	-1
Net gains on equity investments	-	-	-	-	-	-	-	-	-	-	0	0
Bank owned life insurance and annuities income	1	1	1	1	1	1	1	1	1	2	1	1
Other	1	1	1	1	1	1	1	1	1	0	1	1
Total noninterest income	6	5	11	11	12	12	14	17	19	20	20	18
Salaries, commissions and employee benefits	16	16	16	16	18	20	25	27	29	32	34	40
Net occupancy expense	2	2	2	2	2	2	3	3	3	4	5	5
Equipment expense	2	2	2	2	2	3	4	4	5	6	7	7
Professional fees	1	1	1	1	2	2	1	2	2	2	2	2
Advertising and public relations	-	-	-	-	-	0	1	1	1	1	1	1
Amortization of intangibles	0	0	0	0	0	0	1	2	2	2	2	1
FDIC premiums	2	2	2	2	1	1	1	1	0	1	1	1
Bank card expense	-	-	-	-	-	-	-	-	-	-	-	3
Foreclosed properties expense, net of (gains)/losses	2	1	1	1	1	0	1	-	-	-	-	0
Acquisition-related expenses	-	-	-	-	-	1	2	0	1	2	1	0
Other	5	5	6	6	6	6	8	7	9	9	12	12
Total noninterest expenses	30	30	35	35	34	35	58	50	55	62	69	73
Income before income tax expense	5	7	11	16	23	25	22	35	40	39	57	67
Income tax expense	1	1	3	5	7	8	10	7	8	7	12	14
Net income	4	6	8	11	16	17	12	28	32	31	46	53
Preferred stock dividends	-	-	-	-	-	-	-	-	-	-	1	1
Net income applicable to common shares	4	5	7	11	16	17	12	28	32	31	45	52
Basic earnings per common share (in dollars per share)	0.5	0.66	0.98	1.4	1.56	1.62	1	2.27	2.55	2.42	3.49	4.1
Diluted earnings per common share (in dollars per share)	0.49	0.6	0.84	1.17	1.5	1.61	1	2.26	2.53	2.41	3.47	4.08