# SUMMIT COMMUNITY BANK INC
MOOREFIELD, WV · FDIC certificate 34102 · asset band $1-10B · latest filing 2024-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $4.63B | |
| Deposits | $3.78B | |
| Loans and leases | $3.70B | |
| Total equity | $545.8M | |
| Loans / deposits | 96.53% (p78 of band) | 86.20% |
| Liquid assets / assets | 13.90% (p18 of band) | |
| Uninsured deposits / deposits | 34.11% (p64 of band) | 29.23% |
| Brokered deposits | 0.71% | |
| Wholesale funding | 6.57% (p38 of band) | |
| FHLB advances / assets | 5.67% | |
| Tier 1 leverage | 10.62% (p62 of band) | 10.04% |
| Unrealized securities loss / equity | -9.81% (p68 of band) | -16.29% |
| AOCI / equity | 0.04% (p81 of band) | |
| ROA (annualized) | 1.58% (p85 of band) | 0.90% |
| Net interest margin | 3.88% (p81 of band) | 3.12% |
| Efficiency ratio | 46.81% (p12 of band) | |
| Noncurrent loans | 0.59% (p68 of band) | 0.34% |
| Net charge-offs (annualized) | -0.01% (p9 of band) | |
| Reserve coverage of noncurrent | 227.61% | |
| Real estate % of loans | 81% | |
| Construction % of loans | 81.92% (p68 of band) | |
| Auto loans | $19.6M (0.53% of loans; DQ 0.88%, NCO 0.00%) | |
| Loans to nondepository financials | $171.1M (31% of equity) (p96 of band) | |
| Deposits YoY | 14.2% | |
| Employees | 487 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | brokered >10%, wholesale funding >15%, losing money, reserve under noncurrent |  |
| 2011-06 | 3 |  | losing money |
| 2011-09 | 3 |  |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 3 |  |  |
| 2012-06 | 3 |  |  |
| 2012-09 | 3 |  |  |
| 2012-12 | 3 |  |  |
| 2013-03 | 4 | charge-offs p90 |  |
| 2013-06 | 4 |  |  |
| 2013-09 | 4 |  |  |
| 2013-12 | 4 |  |  |
| 2014-03 | 4 |  |  |
| 2014-06 | 4 |  |  |
| 2014-09 | 5 | capital falling |  |
| 2014-12 | 3 |  | charge-offs p90, capital falling |
| 2015-03 | 2 |  | brokered >10% |
| 2015-06 | 3 | loans exceed deposits |  |
| 2015-09 | 2 |  | loans exceed deposits |
| 2015-12 | 3 | loans exceed deposits |  |
| 2016-03 | 3 |  |  |
| 2016-06 | 5 | capital falling, loans-to-lenders >50% equity |  |
| 2016-09 | 6 | brokered >10% |  |
| 2016-12 | 6 |  |  |
| 2017-03 | 6 | losing money, expense ratio p90 | loans exceed deposits, loans-to-lenders >50% equity |
| 2017-06 | 5 |  | losing money |
| 2017-09 | 3 |  | capital falling, expense ratio p90 |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 3 |  |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 4 | loans exceed deposits |  |
| 2019-03 | 1 |  | reserve under noncurrent, brokered >10%, loans exceed deposits |
| 2019-06 | 3 | loans exceed deposits, reserve under noncurrent |  |
| 2019-09 | 3 | loans-to-lenders >50% equity | reserve under noncurrent |
| 2019-12 | 0 |  | wholesale funding >15%, loans exceed deposits, loans-to-lenders >50% equity |
| 2020-03 | 1 | loans-to-lenders >50% equity |  |
| 2020-06 | 2 | capital falling |  |
| 2020-09 | 1 |  | capital falling |
| 2020-12 | 1 |  |  |
| 2021-03 | 2 | capital falling |  |
| 2021-06 | 0 |  | loans-to-lenders >50% equity, capital falling |
| 2021-09 | 0 |  |  |
| 2021-12 | 1 | loans-to-lenders >50% equity |  |
| 2022-03 | 0 |  | loans-to-lenders >50% equity |
| 2022-06 | 0 |  |  |
| 2022-09 | 1 | capital falling |  |
| 2022-12 | 0 |  | capital falling |
| 2023-03 | 0 |  |  |
| 2023-06 | 1 | charge-offs p90 |  |
| 2023-09 | 0 |  | charge-offs p90 |
| 2023-12 | 0 |  |  |
| 2024-03 | 0 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2024-05-03 [Burke & Herbert Financial Services Corp. Completes Merger of Equals with Summit Financial Group, Inc. - PR Newswire](https://news.google.com/rss/articles/CBMi6AFBVV95cUxQMXR1WGxZUjViRjZEaEVsRDhLU21CckJoczM3c2lMbk4xRWhmeG5pS2tOcXJQeWh1TGhHMHE5Tm54b0c5T0pQc1lPN2RGZ2xTZ3ZoQ1JFR2hCSTNvQUxHdDY2WUVyTlJrQ01LaXZMMjNKWURQc3Fxc1c1a280R2ZRek84Q21WN1dKbHY2WGFhT0tGaG5DSTlqcHBUVDA2TVZ2M2pINl9MVENVR041UWFuMnZOR0s1QlQyWm1ETGNuVUdobjZkMzZCSTcwd3RUNjhYN0I2R1FRRm55YWJIMlpMVkk2NHBIQTVq?oc=5) · PR Newswire
- 2021-04-23 [MVB Bank to Sell Four Banking Centers to Summit Community Bank - Business Wire](https://news.google.com/rss/articles/CBMiuwFBVV95cUxNUmpybFlGb2FVNWxUMUxEeTRDSXh0dTBlNldyQzR2ZUNmTWJpRXFGVXU2TXg3R0FKS0Nya2tLZ1UybGFKUzVfYWZrSXRFSk5nZkpndWlDV3N6cVJIcjZkektWV1YxekpZbC1mbm9Mejhoblpud3NDbVBGQVlvVzlrRjR6R3JzOURyTmJyYzMzSzFDX2U1WGl5WkZ0ZWF3bjJRRUpxNW1DVUxjcEpValNxb0VtQkozNnM4UGJR?oc=5) · Business Wire
- 2023-08-24 [Burke & Herbert Financial Services Corp. and Summit Financial Group, Inc. Announce Merger of Equals - PR Newswire](https://news.google.com/rss/articles/CBMi5gFBVV95cUxOcnc3VmhoLVpCNW5mWWhZaGtRWjlmMEtvQnJQQXVfVjB0bzlsSnFrbHdhNzVzUUdmSDlKa3NtVFBfMmJlRF9nc3FwVjNTZko0YkRtMzZRZ1VocXV5R01NaVlJak5pMmstQi1CT2VJcW5tTjl6QUlubVlEejA1UnozYWJLeExGZjR6MGRIaVpod0xtQnd1TnJxSWpKX3RtNkpCQ2h1MXIzQmYwamNsTlNyV2s0bklQSEpVd0dhRXItamZaWE1zbDNYM2RobWt2NDdpUmNsdWdZOEJZQmdFUkFTUWU2N3pmUQ?oc=5) · PR Newswire
- 2023-04-03 [Summit Financial Group, Inc. Completes Acquisition of PSB Holding Corp. and Subsidiary, Provident State Bank - GlobeNewswire](https://news.google.com/rss/articles/CBMiiwJBVV95cUxPZG5fWl9UTXFteEVlYWpzcGVlLUs1eDVmNW1DaE5lRzZCZEJnczJvTzRIT2U5TzlmcURtcHRFbUU4S3pNMXV4RWF4YlpFajlMaXB1SC1tUXliazdOMy1LQkhUZ2VuMkRtbXZER0FHQ1BZLWFGMjZKTUdJSnVfcW1NVUlRbXJ4ZEFvLXpyZXI4YmJyX240U2I5elllSnpMOUdfUnl5NnpjY2RMVEhWeTJ2NXdlWnJLWU1yeVRJbHpIbkdZendZZ1dycWppTHFjZkpJVlBBdy0xS1FTMFdUUFh0MVJabW5lV1dzM0s0blpVWmRXZk1zSU5yZ0djQXVURjJINXRSQXF2bG94RzA?oc=5) · GlobeNewswire
- 2025-03-23 [Summers County Courthouse News: March 16 through March 22 - The Real WV](https://news.google.com/rss/articles/CBMilAFBVV95cUxOMG5fVzFTYk4xSnFSbmFUOUF2TDQ1cnFKM3VkVTFUQWtSY3ZqYU5DdTNzbG5pVTNHT1JDdDNJYjZrSG5RNC14WE9GU19SRHpIRTBxY0swWTRDZW1EMzNGaFRFMXNCZjg4eG1ia196SEZLQ2c5NmdFaEdfWV9zQVpUNlZjdE04djdZUUVoNld3VzdBVXVF?oc=5) · The Real WV
- 2021-07-15 [W.Va. State Police release name of Greenbrier County robbery bank suspect - WCHS](https://news.google.com/rss/articles/CBMilAFBVV95cUxNcklONDlMVHlJbktjMzFoaXV5UldLMi1SdHBRM0VzWlR4WE9fRUMzSVVyVGNMRUsyZjhhd0x6RE12S1VDT01kYkJhMG44dV9kM09EYVk4ZTM3ODM3QVg2M1dLTHR2d2Q3ckJVUDlBeVAwRUNXNUhCM1d6LVFma2NFc1hfa2pVbU1qYXppMjVWTkxkcm9t?oc=5) · WCHS
- 2020-12-15 [Summit Financial Group, Inc. Completes Acquisition of WinFirst Financial Corp. and Subsidiary, WinFirst Bank - GlobeNewswire](https://news.google.com/rss/articles/CBMihwJBVV95cUxNMlBqZzJJX1p6cWRjNHNRMnRtSXhZd3VUTjUwTnZIcGkwNktqWkl5Tlk5SU9VYi0zbDQ3N201Z3JuSVhTa3pkVWxiNWY1LXNxaWozX3NEakJad1RqcUtjNFFMU1BpeHBCTnNZZUxVTENMQnVpTTVERFp6dnRkMDlYeGhfOGdVclVTRjRDeEswcGpGLWgxYzkzU3A1aGszQkJsWGNaZXhhNnp6X20xUWRsam5mUFRlZXpDeTBocmltWW1mSlVCS2dDRDl4S2QwT3VqcGhzRVRoWERPS2k0SlFRdjEyYXptZ1FYMDZCWDRWTW5uQ3RCV1drZExlUV9kNml0eURwY1l6dw?oc=5) · GlobeNewswire
- 2017-04-03 [Summit Financial Group, Inc. Completes its Acquisition of - GlobeNewswire](https://news.google.com/rss/articles/CBMimAJBVV95cUxOOGxxUUNwRURqc1c2QzFmb0JXTlo5bXhNWlNEZFQxMUxBLXc5LWoxR0czRXUzS255Y0MtYmRmcVdRdWgzNzBiUlU1VkQ1dFAybDVuX1NTQjdUclUwSU1KLWt2NmU2ZndvTl9SU3p2X0xJcXRPX3ZwMVpjSThPcXByakxWODNWM2FSY3dSRE5YdGRnZFdMVkVQbUNqWnFZTDh4MWVlb0VMTFN3bU1oMS1vNW5QWnlsTHdDc0JxenV1OUlUa1hCbzRrc3JqalhhVFZQanVxVEl4Q2F0VjRCenBmeUtfUHdLRFZmNHVocFVsTUJSMDlWdTZ6U1gzSTRhOUZoTEdfbkJvYjBCTDlmTi1oZTFwWVJPaGJP?oc=5) · GlobeNewswire

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34102 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/54.json (key "34102", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide