Summit State Bank (SSBI) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	58.2M	58.8M	62.0M	65.1M	56.2M
Cost of Revenue	30.9M	26.0M	37.2M	25.1M	9.1M
Gross Profit	27.3M	32.8M	24.8M	40.0M	47.1M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	16.9M	16.3M	18.4M	18.4M	17.7M
General & Admin Expense	16.3M	16.3M	17.4M	17.1M	16.2M
Selling & Marketing Expense	655.0K	—	965.0K	1.3M	1.5M
Other Expenses	7.4M	7.6M	10.8M	6.3M	5.5M
Total Operating Expenses	24.3M	23.8M	29.2M	24.7M	23.2M
Cost and Expenses	55.3M	49.9M	66.4M	49.8M	32.3M
Operating Income (EBIT)	3.0M	9.0M	(4.4M)	15.3M	23.9M
Non-Operating
Interest Income	56.6M	58.4M	58.2M	59.8M	48.7M
Interest Expense	20.7M	23.5M	29.3M	24.8M	6.5M
Net Interest Income	35.9M	34.9M	29.0M	35.0M	42.1M
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	3.0M	9.0M	(4.4M)	15.3M	23.9M
Income Tax Expense	698.0K	2.2M	(195.0K)	4.5M	6.9M
Bottom Line
Net Income	2.3M	6.8M	(4.2M)	10.8M	17.0M
Earnings from Cont. Ops	2.3M	6.8M	(4.2M)	10.8M	17.0M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	2.3M	6.8M	(4.2M)	10.8M	17.0M
Per Share
Basic EPS	$0.34	$1.01	($0.62)	$1.62	$2.54
Diluted EPS	$0.34	$1.01	($0.62)	$1.62	$2.54
Revenue Per Share	$8.63	$8.74	$9.24	$9.72	$8.40
Shares
Basic Shares Outstanding	6.7M	6.7M	6.7M	6.7M	6.7M
Diluted Shares Outstanding	6.7M	6.7M	6.7M	6.7M	6.7M
Profitability Metrics
EBITDA	3.2M	9.3M	(4.0M)	15.7M	24.3M
D&A	274.0K	380.0K	392.0K	385.0K	391.0K
EBIT	3.0M	9.0M	(4.4M)	15.3M	23.9M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026