# SUMMIT BANK
PRESCOTT, AZ · FDIC certificate 57442 · asset band <$300M · latest filing 2011-06 · FAILED

**Verdict on the desk:** this could be *credit-stressed*. Composite score 9 (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 | $73.1M | |
| Deposits | $67.5M | |
| Loans and leases | $57.2M | |
| Total equity | $1.4M | |
| Loans / deposits | 79.68% (p67 of band) | 71.80% |
| Liquid assets / assets | 20.10% (p19 of band) | |
| Uninsured deposits / deposits | 0.20% (p3 of band) | 7.92% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 5.47% (p65 of band) | |
| FHLB advances / assets | 5.47% | |
| Tier 1 leverage | 1.98% (p0 of band) | 9.80% |
| Unrealized securities loss / equity | 1.32% (p36 of band) | 2.62% |
| AOCI / equity | 5.09% (p89 of band) | |
| ROA (annualized) | -3.24% (p2 of band) | 0.68% |
| Net interest margin | 4.25% (p74 of band) | 3.84% |
| Efficiency ratio | 110.16% (p93 of band) | |
| Noncurrent loans | 10.53% (p96 of band) | 1.53% |
| Net charge-offs (annualized) | 3.06% (p98 of band) | |
| Reserve coverage of noncurrent | 56.75% | |
| Real estate % of loans | 95% | |
| Construction % of loans | 664.25% (p100 of band) | |
| Auto loans | $109,000 (0.19% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | – | |
| Employees | 17 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 9 | leverage <7%, leverage <5%, losing money, expense ratio p90, noncurrent p90, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 9 |  |  |

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

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2026-07-09 [Cambria City Ethnic Festival announces 1st Summit Bank sponsorship, unveils new logo - The Tribune-Democrat](https://news.google.com/rss/articles/CBMigwJBVV95cUxNWlFiYk9oRTVOTExmc2JSdGtVWlRPSHhJOF9yelRiYmlPNFlSSUdhY0FOTGJVSlg1ZncyRWNrSjBielVPQzdVMk9LOF9oTFdpZ2JabjZlVWxKakNiZmVfSjJWR0swR1g5T3J4c0Ria1ZUZU9uMzdBdzdaTHROMGkzX2dnYzNuNHZlTzQyOERxYlpzNFVDOFNQVi1ScURhNDR5UklRTU9mSzUyRmxJMnpqZ3ZKQm1Jb2VMRldmczVCX1lMS2tWa3gzYTFNZmR2NmRrRzRIVEd3M0RoN0dJTXA2VGZPQzF4aGdJaGJaeUxZNTZUc1pCSGpvcXBoc255UUhtNFN3?oc=5) · The Tribune-Democrat
- 2025-08-05 [Yes, credit unions are buying more banks - American Banker](https://news.google.com/rss/articles/CBMikgFBVV95cUxNMGlqZE1neUZndlVlY0plSVl5SGpvYlpITERxdFczd3RCajUwQU5Nd0w1NG9GZXFLOUUyNlNPR0RyZEhlMzdyd3JhS2p2ZllpRUtUMUU4aUFTbWtDWTJNVEJpN1AtNVM3ZU9EemdOSXA5MDd3WHM1QmJqTldmQ2psWmlYQ3FlMW11V0NCNUNTTWpXQQ?oc=5) · American Banker
- 2020-02-05 [75-year-old charged in January Lee's Summit bank robbery - FOX4KC.com](https://news.google.com/rss/articles/CBMihwFBVV95cUxQb3pYZjR5UTkwaDRhcEtxakV2MWczYkxobnAzN0RzNUtGMFRYM2JSd01kT240T2VCQ2NRbWYxZXFuMExSWUh2bnhUZEYycW1fMWV1NFlpdjVlcEFvNngyZ1dWR0gwRFFER0ZEWTQ0TnNXUUVDcXZpcHl0d1EtNXBDRW14S1RQWm_SAYwBQVVfeXFMTmVsV1FvaHZKRkEzVnVVZC1pRkZtZzI1Z2hxbHBwQWNYOUNXZFNiQVZDUDZndlJTYmh4bnkxdzRXdGx3dTNEakZEVC1jYWdDV2Y4ajJOV3RjekJNOXlDNllwbjdjVWt5dl9EVTR0ekV5R2czeGVRcWFINl9ZbWJCb2JzR2ppVHBUNXc2VUo?oc=5) · FOX4KC.com
- 2026-06-03 [Bank Of America CEO Moynihan: Consumer Spending Still Resilient Despite Strains - Forbes](https://news.google.com/rss/articles/CBMizgFBVV95cUxPUlJzSXFtQWtmUUJmUzFTUWhuTEhLT21iRS1NRnF4X1JkQmdSXzVYRVVXdUczaEdGVTcxcHFHMTJzTDJ5TnEyTWFVNEZxajZ4VE9lcU9tY3lWSlJLTWJPOGx4VzhTR3lGT1FEUlVfWnBKWnVuS2g0QTR4cEVlWjB3UE5QUFNTMVV4ajVKLWtVRE13U0NrbTFJYl96aURzb2lsWFRsbUdSQzR1VDhiOGhrT0JtWl8wSFZXUXg2Y0xmSTBHN1NTdlRWYWs0YzhyUQ?oc=5) · Forbes
- 2014-09-11 [LRPD: Summit Bank Robbed - KARK](https://news.google.com/rss/articles/CBMiX0FVX3lxTFBkZXJlLUcxVGpvTXpyTHNrMjdaX0NLTUV6ZWhTZGZqUk9Rb282WUNRVDlKN1Q2ZjNPaUJidnZlWlEyMXd4MFBjS0RrTXIwdS1BcGpSUzVnU1BZa2lDeW9Z?oc=5) · KARK
- 2025-07-26 [America First CU To Acquire $1.35B Meadows Bank In Industry’s Second-Biggest Bank Buy - cutoday.info](https://news.google.com/rss/articles/CBMivgFBVV95cUxPY19MWTZpcmVKY0JnWW1mU2pQdWtySmJTX2sxU2JnWWdFRFZVUFNyTnBvUjA2TFpZejVJYjlyQ1dLRU54VHVvVlYxU09ZdGwySVh3MkFKZGRjeWhBaVFEMXNyajByQ3h1dWpVQ2FaRVlWT1B3NHpPUnJoU2RBWE1iWnZuTU1XaXZVcUIyazN4M1l6a0JkRG9uQnFkRWVXS0FabTBOYlhrM0tURVh2cnZPcWtIM1hrYUtfNDY4c0NB?oc=5) · cutoday.info
- 2024-12-04 [List of Recent Failed Banks in the United States (2023-2024) - Norada Real Estate Investments](https://news.google.com/rss/articles/CBMia0FVX3lxTE4zaWFvQzhqc24zdE1QZ1haYnk2b1NsLWxONmNTTV9jVldzbjZqLUM1NV85U3dyaENaUGhWVm0wdllpUlNMZlIteHExdVUzS0JTdXlRWTJiUGJfaEtZSk5wcWhNNG1ZS0U5Y0Vz?oc=5) · Norada Real Estate Investments

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57442 (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/34.json (key "57442", 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