Name | Value |
---|---|
Revenues | 38.5M |
Cost of Revenue | 0.0M |
Gross Profit | 38.5M |
Operating Expense | 1.1M |
Operating I/L | 32.4M |
Other Income/Expense | -13.5M |
Interest Income | 47.8M |
Pretax | 18.9M |
Income Tax Expense | 3.8M |
Net Income/Loss | 15.1M |
Summit Financial Group, Inc. operates as a financial holding company for Summit Community Bank, Inc., offering community banking and financial services in West Virginia, Virginia, and Kentucky. The company provides a range of banking services including deposits, loans, mortgage warehouse lines of credit, trust and wealth management, cash management, and insurance services through its 45 banking offices. Its revenue is generated through interest income from loans, fees from wealth management and insurance services, and other financial products.