Summit State Bank
Summit State Bank is a public community bank headquartered in Santa Rosa, California, operating four Sonoma County branches plus a Roseville loan office and serving small businesses, nonprofits, and individuals with deposit, lending, and treasury services.
- Company typePublic
- Founded1982
- HeadquartersSanta Rosa, United States
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Summit State Bank does
Summit State Bank is a California state-chartered community bank headquartered in Santa Rosa, operating four depository branches across Sonoma County (Santa Rosa, Rohnert Park, Healdsburg, Petaluma) plus a loan production office in Roseville. Founded in 1982 and listed on NASDAQ under SSBI since 2006, the bank serves small businesses, nonprofit organizations, and individual consumers in the North Bay region through relationship-based banking with personalized service and local decision-making.
Summit State Bank firmographics
Firmographics- Name
- Summit State Bank
- Legal name
- Summit State Bank
- Website
- https://summitstatebank.com
- Company type
- Public
- Founded year
- 1982
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Summit State Bank is a public community bank headquartered in Santa Rosa, California, operating four Sonoma County branches plus a Roseville loan office and serving small businesses, nonprofits, and individuals with deposit, lending, and treasury services.
- Ownership category
- akta.pro rank
Where Summit State Bank is headquartered
LocationHeadquarters
- HQ city
- Santa Rosa
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Summit State Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Net Interest Income: Primary revenue source from spread between interest earned on loans (primarily commercial real estate and business loans) and interest paid on deposits. Net interest margin was 3.77% in Q1 2026, expanded 58 basis points year-over-year.
- Non-Interest Income: Fee income from deposit accounts, service charges, wire transfer fees, and other banking services. Q1 2026 showed stronger non-interest income contributing to improved performance.
- Deposit Account Fees: Monthly maintenance fees on accounts that fall below minimum balance requirements (e.g., $5 monthly fee for personal checking if balance falls below $500, $15 fee for money market if below $2,500)
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Personal Checking with Interest: 0.00% APY for balances under $2,500; 0.10% APY for $2,500 and above |
| Subscription | Monthly | Business Checking with Interest: 0.00% for under $500; 0.04% for $500-$2,499.99; 0.12% for $2,500+ |
| Subscription | Monthly | Personal Savings: 0.00% under $200; 0.10% for $200-$24,999.99; 0.40% for $25,000+ |
| Subscription | Annual | Certificate of Deposit: 90-day at 3.27% APY; 6-month at 3.22% APY; 1-year at 3.07% APY; 2-year at 2.50% APY (minimum $10,000 for most terms) |
| Subscription | Annual | IRA Certificate of Deposit: 6-month at 2.72% APY; 1-year at 2.57% APY; 24-month at 2.00% APY (minimum $1,000 to open) |
| Subscription | Annual | Nonprofit Partner Program: 0.95% on non-interest bearing operating accounts; 0.25% on interest-bearing accounts; 0.65% on ICS for non-interest bearing accounts |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels6 records
Summit State Bank product offering
Product offeringCore offering
Summit State Bank is a community bank providing personal and business deposit accounts, consumer and commercial lending (including SBA Preferred Lending), treasury and cash management services, and digital banking to individuals, small-to-mid-sized businesses, and nonprofit organizations across Sonoma County, California. It operates physical branches alongside online, mobile, and digital-wallet-enabled banking channels, and maintains a dedicated Nonprofit Partner Program as a differentiated community offering.
Product overview
Summit State Bank operates as a traditional community bank offering a unified set of banking products and services centered around deposit accounts and lending. The core portfolio includes Personal Checking (with Interest and Money Market tiers), Personal Savings, Business Checking, Business Savings, and Business Lending (featuring SBA loans, construction loans, equipment financing, and working capital). These are supported by ancillary services including eBanking (SummitOnline for personal, Summit eBanking for business), Mobile Banking with deposit capabilities, Treasury Management for cash optimization, and a specialized Nonprofit Partner Program providing tiered contribution benefits. All products are delivered through four branch locations in Sonoma County and the bank's digital platforms.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Checking Accounts
- Personal Savings and Money Market Accounts
- Certificates of Deposit (CDs)
- Business Checking Accounts
- Business Savings Accounts
- Commercial Lending
- SBA Lending
- Consumer Lending
- Treasury and Cash Management Services
- eBanking (Online and Mobile Banking)
- Nonprofit Partner Program
Quantifiable outcome
- Net interest margin of 3.77% in Q1 2026, representing 58 basis point expansion year-over-year
- +3 more outcomes
Companies that use Summit State Bank
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Summit State Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature6 records
Summit State Bank partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered supporting and core.
- Select BankcardsupportingPartnership for merchant services enabling businesses to accept card and digital payments. Summit State Bank refers customers to Select Bankcard for payment processing capabilities, reducing reliance on coins and supporting digital payment options.
- Watch DutycoreWildfire alert nonprofit organization recognized by the Bank as a featured community partner. Bank has contributed to Watch Duty through its Nonprofit Partner Program and features the organization on its website.
- Petaluma Health CentercoreHealthcare nonprofit recipient of contributions through the Bank's Nonprofit Partner Program, one of 250 nonprofits supported annually.
- 4Cs Sonoma CountycoreEducation-focused nonprofit recipient of contributions through the Bank's Nonprofit Partner Program supporting early childhood education in Sonoma County.
- STAR NetworksupportingATM network affiliation providing customers access to cash at over 300 Sonoma County locations through STAR network.
Scale indicators11 records
Recent moves8 records
Expansion highlights5 records
Summit State Bank competitors and assessment
Company assessmentDirect peers
- First Northern Community Bancorp: Northern California community bank (First Northern Bank) serving Sonoma, Napa, Yolo, and Sacramento counties. Closely comparable in geography, customer segments (small business, nonprofit, consumer), and asset size range.
- Sierra Bancorp: Central California community bank (Bank of the Sierra) with comparable asset size, similar commercial and SBA lending focus, and community banking DNA. Useful comparable for NIM and operating efficiency benchmarking.
- TriCo Bancshares: Northern California community bank holding company (Tri Counties Bank) operating across the Central Valley, Bay Area, and Central Coast. Similar community banking model with comparable SMB and consumer lending mix.
- Bank of Marin Bancorp: North Bay California community bank serving Marin, Sonoma, Napa, and San Francisco counties. Comparable size range, similar business banking and SBA lending focus, and overlapping target customer segments.
- Luther Burbank Savings: Santa Rosa-based thrift institution with strong Sonoma County deposit franchise and similar relationship banking model. Direct competitor for local deposits, small business lending, and community nonprofit relationships.
- CVB Financial Corp: Ontario, California-based community bank holding company (Citizens Business Bank) focused on commercial banking, including SBA lending. Comparable asset size range and similar emphasis on business deposit gathering.
- Westamerica Bancorp: California-focused community bank holding company (Westamerica Bank) with multi-county Northern and Central California presence. Comparable commercial banking model with heavier branch distribution and similar SMB deposit franchise.
- Heritage Commerce Corp: Bay Area community bank holding company (Heritage Bank of Commerce) targeting SMBs and nonprofits with similar relationship banking emphasis. Comparable in customer mix and Northern California footprint overlap.
- Exchange Bank: Santa Rosa-headquartered community bank serving Sonoma County with comparable deposit and small business lending focus. Most direct geographic peer given overlapping footprint and similar SMB/nonprofit orientation.
Broad incumbents
- Pacific Premier Bancorp: Larger California-based community bank with broader geographic footprint and more diversified business lines. Competes for the same SMB and nonprofit deposit customers but operates at meaningfully larger scale across Southern and Western US markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Summit State Bank social profiles
Digital presenceSummit State Bank compliance and trust
Trust signalCompliance4 records
Summit State Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Summit State Bank leadership team
Management profileNumber of profiles
Profiles5 records
Summit State Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Summit State Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Summit State Bank
What does Summit State Bank do?
Summit State Bank is a community bank providing personal and business deposit accounts, consumer and commercial lending (including SBA Preferred Lending), treasury and cash management services, and digital banking to individuals, small-to-mid-sized businesses, and nonprofit organizations across Sonoma County, California. It operates physical branches alongside online, mobile, and digital-wallet-enabled banking channels, and maintains a dedicated Nonprofit Partner Program as a differentiated community offering.
Is Summit State Bank a public or private company?
Summit State Bank is a public company. It is classified as public and is currently operating.
When was Summit State Bank founded?
Summit State Bank was founded in 1982. It employs 51 to 100 people.
Where is Summit State Bank based?
Summit State Bank is headquartered in Santa Rosa, United States, in the North America region.
How does Summit State Bank make money?
Three revenue lines are on record. Net Interest Income is the primary driver. The others are non-Interest Income and deposit Account Fees.
Who are Summit State Bank's main competitors?
Direct peers on record are First Northern Community Bancorp, Sierra Bancorp, TriCo Bancshares, Bank of Marin Bancorp, Luther Burbank Savings, CVB Financial Corp, Westamerica Bancorp, Heritage Commerce Corp and Exchange Bank. Pacific Premier Bancorp is listed as a broad incumbent.
Does Summit State Bank have an API?
No public API is recorded for Summit State Bank.