Summit State Bank (SSBI): Business Model Canvas [Jan-2025 Mise à jour]

Plongez dans le plan stratégique de Summit State Bank (SSBI), une institution financière dynamique qui transforme les banques traditionnelles à travers une toile de modèle commercial méticuleusement conçu. En mélangeant l'expertise du marché local avec des solutions numériques de pointe, cette banque basée en Californie offre des expériences bancaires personnalisées qui vont au-delà de simples transactions, créant des partenariats financiers significatifs pour les petites et moyennes entreprises et les clients individuels. Découvrez comment SSBI exploite son approche unique pour redéfinir les services bancaires axés sur la communauté dans le paysage financier compétitif.

Summit State Bank (SSBI) - Modèle commercial: partenariats clés

Associations commerciales locales et chambres de commerce

Summit State Bank maintient des partenariats stratégiques avec des associations commerciales locales dans le comté de Sonoma, en Californie. En 2024, la banque collabore activement avec:

Organisation	Détails du partenariat	Année établie
Chambre de commerce du métro de Santa Rosa	Programme de réseautage d'entreprises et de référence	2012
Conseil de développement économique du comté de Sonoma	Soutien aux prêts aux petites entreprises	2015

Fournisseurs de services financiers régionaux

Les principaux partenariats de services financiers de la banque comprennent:

• Banque fédérale sur les prêts immobiliers de San Francisco (membre depuis 2010)
• Réseaux de traitement des paiements Visa et MasterCard
• CDARS (service de registre des comptes de dépôt)

Réseaux d'investissement communautaire

Summit State Bank participe aux réseaux d'investissement communautaires avec les caractéristiques suivantes:

Réseau	Investissement total de la communauté	Nombre de projets locaux
Coalition de réinvestissement communautaire de North Bay	24,3 millions de dollars	37
California Community Reinvestment Corporation	18,7 millions de dollars	22

TECHNOLOGIE ET ​​DIGILE BANKING SOLUTIONS VENDANTS

Les partenariats technologiques bancaires numériques comprennent:

• Jack Henry & Associés (plateforme bancaire de base)
• Fiserv (Digital Banking Solutions)
• Apiture (technologie bancaire mobile et en ligne)

Depuis 2024, les investissements en partenariat technologique de Summit State Bank totalisent approximativement 3,2 millions de dollars annuellement.

Summit State Bank (SSBI) - Modèle d'entreprise: activités clés

Services bancaires commerciaux et personnels

Au quatrième trimestre 2023, Summit State Bank a déclaré un actif total de 1,36 milliard de dollars en mettant l'accent sur les services bancaires commerciaux et personnels dans le comté de Sonoma, en Californie.

Catégorie de service bancaire	Volume total (2023)
Portefeuille de prêts commerciaux	742,3 millions de dollars
Comptes bancaires personnels	37 542 comptes
Clients bancaires d'entreprise	2 186 clients

Prêt et gestion du crédit

Les activités de prêt de la Banque d'État du Summit comprennent:

• Prêts immobiliers commerciaux
• Prêts aux petites entreprises
• Prêts agricoles
• Financement de la construction et du développement

Type de prêt	Solde total en suspens (2023)
Immobilier commercial	512,6 millions de dollars
Prêts aux petites entreprises	186,4 millions de dollars
Prêts de construction	93,2 millions de dollars

Offres de produits de dépôt et d'investissement

Summit State Bank fournit divers produits de dépôt et d'investissement.

Catégorie de produits	Total des dépôts / investissements (2023)
Dépôts totaux	1,18 milliard de dollars
Comptes chèques	412,7 millions de dollars
Comptes d'épargne	276,5 millions de dollars
Comptes de marché monétaire	189,3 millions de dollars

Maintenance de la plate-forme bancaire numérique

• Services bancaires en ligne
• Application bancaire mobile
• Traitement des transactions numériques
• Infrastructure de cybersécurité

Gestion des risques et surveillance de la conformité

Mesures de gestion des risques pour 2023:

Métrique à risque	Pourcentage / valeur
Ratio de prêts non performants	0.72%
Ratio de capital de niveau 1	12.4%
Coût de conformité réglementaire	3,2 millions de dollars

Summit State Bank (SSBI) - Modèle d'entreprise: Ressources clés

Professionnels bancaires expérimentés

Au quatrième trimestre 2023, Summit State Bank a employé 122 professionnels bancaires à temps plein avec une expérience moyenne de l'industrie de 14,6 ans.

Catégorie des employés	Nombre d'employés	Expérience moyenne
Senior	12	22 ans
Gestion intermédiaire	37	16 ans
Spécialistes bancaires	73	11 ans

Forte présence du marché local en Californie

Summit State Bank exploite 16 succursales exclusivement dans le comté de Sonoma, en Californie, avec un actif total de 1,47 milliard de dollars au 31 décembre 2023.

Infrastructure bancaire numérique avancée

• Plateforme bancaire en ligne prenant en charge les transactions 24/7
• Application de la banque mobile avec un taux d'adoption des utilisateurs de 89%
• Infrastructure de cybersécurité avancée avec un investissement annuel de 2,3 millions de dollars

Capital financier robuste et réserves

Mesures financières au 31 décembre 2023:

Métrique financière	Montant
Actif total	1,47 milliard de dollars
Ratio de capital de niveau 1	13.2%
Ratio de capital total basé sur le risque	14.6%
Capitaux propres des actionnaires	176,4 millions de dollars

Systèmes de gestion de la relation client

Implémenté Salesforce CRM System avec 480 000 $ Investissement technologique annuel, gérant 42 637 relations clients actives.

Segment de clientèle	Nombre de clients
Banque d'affaires	3,742
Banque personnelle	38,895

Summit State Bank (SSBI) - Modèle d'entreprise: propositions de valeur

Solutions bancaires personnalisées pour les entreprises locales

Au quatrième trimestre 2023, Summit State Bank fournit des services bancaires commerciaux spécialisés avec un portefeuille total de prêts commerciaux de 385,7 millions de dollars. Les solutions bancaires commerciales locales comprennent:

• Comptes de chèques d'entreprise avec des frais de maintenance mensuels zéro
• Prêts commerciaux jusqu'à 5 millions de dollars
• Services de gestion de trésorerie personnalisés

Produit bancaire	Équilibre moyen	Taux d'intérêt
Vérification des affaires	$87,500	0.25%
Prêts commerciaux	1,2 million de dollars	7.35%

Taux d'intérêt concurrentiels et produits financiers

Summit State Bank propose des tarifs compétitifs sur plusieurs produits financiers:

• Taux d'intérêt du compte d'épargne d'entreprise: 2,15%
• Taux de prêt aux petites entreprises: 6,75% - 8,25%
• Certificat de taux de dépôt: 3,50% - 4,25%

Service client réactif et axé sur les relations

Métriques du service client pour 2023:

Métrique de service	Performance
Temps de réponse moyen	24 minutes
Taux de satisfaction client	92%

Mécanismes de traitement des prêts rapides

Statistiques de traitement des prêts pour 2023:

• Temps d'approbation du prêt moyen: 3,5 jours ouvrables
• Prêts totaux de petites entreprises traités: 427
• Volume total des prêts: 142,6 millions de dollars

Soutien financier axé sur la communauté

Données d'investissement communautaire pour 2023:

Catégorie d'investissement communautaire	Montant
Subventions commerciales locales	1,2 million de dollars
Prêts de développement communautaire	8,7 millions de dollars

Summit State Bank (SSBI) - Modèle d'entreprise: relations avec les clients

Interactions en face à face dans les succursales locales

Summit State Bank exploite 7 succursales dans le comté de Sonoma, en Californie, en 2024. Ces succursales fournissent une interaction directe avec une moyenne de 3 à 4 représentants du service client par emplacement.

Emplacement de la succursale	Nombre de représentants	Interactions moyennes du client quotidien
Branche principale de Santa Rosa	4	52
Succursale de Petaluma	3	37
Succursale du parc Rohnert	3	41

Les gestionnaires des banques de relations dédiées

Summit State Bank fournit 15 gestionnaires dédiés des banques de relations Serviant des clients commerciaux et bancaires personnels.

• Portefeuille client moyen par gestionnaire: 87 comptes
• Taux de rétention annuel moyen de la clientèle: 92,4%
• Gestionnaires spécialisés pour les segments bancaires commerciaux et personnels

Plateformes bancaires en ligne et mobiles

Plates-formes bancaires numériques à partir de 2024:

Plate-forme	Nombre d'utilisateurs actifs	Transactions mensuelles
Banque en ligne	12,453	87,642
Application bancaire mobile	9,876	65,421

Services de consultation financière personnalisés

Répartition des services de consultation:

• Consultations gratuites offertes: 1 245 par an
• Durée moyenne de la consultation: 45 minutes
• Types de consultation:
  • Planification financière personnelle
  • Stratégie de banque d'affaires
  • Avis d'investissement

Communication et engagement des clients réguliers

Canaux de communication et fréquence:

Canal de communication	Fréquence	Points de contact annuels
Envoyez des newsletters	Mensuel	12
Communications des déclarations de compte	Mensuel	12
Enquêtes de satisfaction client	Trimestriel	4

Summit State Bank (SSBI) - Modèle d'entreprise: canaux

Réseau de succursale bancaire physique

Summit State Bank exploite 11 succursales à service complet dans le comté de Sonoma, en Californie, au 31 décembre 2023.

Type d'emplacement de la succursale	Nombre de branches
Branches physiques totales	11
Région de Santa Rosa	7
Comté de Sonoma en dehors de Santa Rosa	4

Site Web de banque en ligne

Summit State Bank fournit des services bancaires numériques complets via sa plate-forme en ligne sécurisée.

• URL du site Web: www.summitstatebank.com
• Fonctionnalités bancaires en ligne disponibles 24/7
• Capacités d'accès et de transaction sécurisées

Application bancaire mobile

La banque propose une application bancaire mobile compatible avec les plates-formes iOS et Android.

Fonctionnalité d'application mobile	Disponibilité
Dépôt de chèques mobiles	Oui
Rémunération	Oui
Alertes de compte	Oui

Services bancaires téléphoniques

Summit State Bank fournit un support client via des canaux bancaires téléphoniques dédiés.

• Numéro de téléphone du service client: (707) 568-2800
• Support client à heures prolongées
• Informations sur le compte et assistance aux transactions

Réseau ATM

La banque maintient un réseau de distributeurs automatiques de billets pour la commodité des clients.

Détails du réseau ATM	Quantité
ATM totaux appartenant à des banques	8
Emplacements ATM sans surcharge	8
Partenariats de réseau	AllPoint ATM Network

Summit State Bank (SSBI) - Modèle d'entreprise: segments de clientèle

Petites et moyennes entreprises du nord de la Californie

Au quatrième trimestre 2023, Summit State Bank dessert environ 1 247 petites et moyennes entreprises du nord de la Californie.

Segment d'entreprise	Nombre de clients	Taille moyenne du prêt
Startups technologiques	287	$425,000
Commerces de détail	412	$275,000
Services professionnels	348	$350,000

Clients bancaires individuels locaux

Summit State Bank compte 42 563 clients bancaires individuels au 31 décembre 2023.

• Solde moyen du compte: 87 450 $
• Comptes chèques: 28 376
• Comptes d'épargne: 14 187

Fournisseurs de services professionnels

La banque dessert 673 fournisseurs de services professionnels avec des solutions bancaires spécialisées.

Catégorie professionnelle	Compte de clientèle	Revenus moyens des banques commerciales moyennes
Cabinets juridiques	189	$215,000
Compagnies comptables	247	$185,000
Cabinets de conseil	237	$195,000

Professionnels de l'industrie immobilière et de la construction

Summit State Bank soutient 524 clients de l'industrie immobilière et de la construction.

• Développeurs immobiliers: 276
• Entreprises de construction: 248
• Prêts immobiliers commerciaux totaux: 187,3 millions de dollars

Organisations à but non lucratif

La banque dessert 156 organisations à but non lucratif à travers le nord de la Californie.

Secteur à but non lucratif	Nombre d'organisations	Dépôts totaux
Éducation	47	12,5 millions de dollars
Soins de santé	38	9,7 millions de dollars
Services communautaires	71	6,3 millions de dollars

Summit State Bank (SSBI) - Modèle d'entreprise: Structure des coûts

Compensation et avantages sociaux des employés

En ce qui concerne le rapport annuel de 2022, les frais totaux de rémunération des employés de Summit State Bank étaient de 15,3 millions de dollars. La ventilation comprend:

Catégorie de compensation	Montant ($)
Salaires de base	10,200,000
Bonus de performance	2,500,000
Avantages sociaux	2,600,000

Maintenance de la technologie et des infrastructures numériques

Les coûts d'infrastructure technologique pour 2022 ont totalisé 3,8 millions de dollars, notamment:

• Maintenance des systèmes bancaires de base: 1 500 000 $
• Infrastructure de cybersécurité: 1 200 000 $
• Mises à niveau de la plate-forme bancaire numérique: 800 000 $
• Prise en charge informatique et matériel: 300 000 $

Frais de conformité réglementaire

Les frais liés à la conformité en 2022 s'élevaient à 2,5 millions de dollars, l'allocation suivante:

Zone de conformité	Montant ($)
Représentation juridique et réglementaire	1,000,000
Systèmes de gestion des risques	800,000
Audit et commandes internes	700,000

Coûts opérationnels de la succursale

Les dépenses opérationnelles de la succursale totale pour 2022 étaient de 4,2 millions de dollars, comprenant:

• Loyer et occupation: 1 800 000 $
• Utilitaires: 600 000 $
• Entretien et réparations: 500 000 $
• Équipement et fournitures de succursale: 300 000 $

Frais de marketing et d'acquisition des clients

Les dépenses de marketing en 2022 ont totalisé 1,6 million de dollars:

Canal de marketing	Montant ($)
Marketing numérique	700,000
Publicité traditionnelle	500,000
Parrainages communautaires	400,000

Summit State Bank (SSBI) - Modèle d'entreprise: Strots de revenus

Revenu des intérêts des prêts et des produits de crédit

Pour l'exercice 2023, Summit State Bank a déclaré un revenu net d'intérêts de 32,4 millions de dollars. La répartition du portefeuille de prêts comprend:

Catégorie de prêt	Solde total	Revenu d'intérêt
Immobilier commercial	487,6 millions de dollars	15,2 millions de dollars
Commercial & Prêts industriels	213,4 millions de dollars	7,8 millions de dollars
Immobilier résidentiel	356,2 millions de dollars	9,4 millions de dollars

Frais de service bancaire

Les revenus des frais de service pour 2023 ont totalisé 5,7 millions de dollars, avec la ventilation suivante:

• Frais de maintenance du compte: 2,1 millions de dollars
• Frais de transfert de fil: 1,3 million de dollars
• Frais de transaction ATM: 0,8 million de dollars
• Frais de découvert: 1,5 million de dollars

Commissions de produits d'investissement

Les services d'investissement ont généré 3,2 millions de dollars en commissions en 2023:

Produit d'investissement	Revenus de commission
Services de gestion de la patrimoine	1,9 million de dollars
Services de courtage	0,8 million de dollars
Planification de la retraite	0,5 million de dollars

Frais de transaction

Les revenus des frais de transaction pour 2023 étaient de 2,6 millions de dollars:

• Frais de transaction de carte de débit: 1,4 million de dollars
• Frais de traitement des cartes de crédit: 0,7 million de dollars
• Frais de paiement électronique: 0,5 million de dollars

Frais de maintenance du compte

Les revenus de maintenance du compte en 2023 ont atteint 2,1 millions de dollars, notamment:

• Frais de compte chèques: 1,2 million de dollars
• Frais de compte d'épargne: 0,6 million de dollars
• Frais de maintenance des comptes d'entreprise: 0,3 million de dollars

Summit State Bank (SSBI) - Canvas Business Model: Value Propositions

You're a business owner in Sonoma County needing capital; Summit State Bank offers financial solutions tailored to your specific needs, not just off-the-shelf products.

The bank serves small to medium-sized businesses, professional firms, and nonprofits in its local market. For nonprofit customers, the value proposition is direct financial support via the Nonprofit Partner Program, where contributions are based on average annual account balances. For example, a Non-interest Operating Account holding $100,000 earns an annual rate that translates to a $950 contribution back to the nonprofit. This program has contributed over $6.5 million to Sonoma County Nonprofits since 2009.

The bank has built its reputation over the past 40 years by specializing in providing exceptional customer service. This relationship focus has earned Summit State Bank awards including Top Performing Community Bank by American Banker, Best Places to Work in the North Bay, and Corporate Philanthropy Award by the San Francisco Business Times.

Summit State Bank's lending focus heavily centers on commercial real estate and Small Business Administration (SBA) products. As of September 30, 2025, commercial real estate loans make up 80% of the net loans held for investment, with farmland loans accounting for 7%.

Loan Portfolio Segment (as of 9/30/2025)	Amount	Percentage of Total Net Loans
Commercial Real Estate Loans Total	Not explicitly stated, but 80% of $838,402,000	80%
CRE - Owner Occupied	$216,673,000	32% of CRE Total
CRE - Non-Owner Occupied	$461,388,000	68% of CRE Total
CRE - Office Space Total	$148,802,000	18% of Total Loan Portfolio
Farmland Loans Total	Not explicitly stated, but 7% of $838,402,000	7%

The bank also actively manages its SBA portfolio, recognizing $308,000 in gains on sales of SBA guaranteed loan balances in the third quarter of 2025.

For operational efficiency and client convenience, Summit State Bank offers a suite of services:

• Cash management services for businesses.
• Digital banking platforms for account access.
• A strong capital position, with a Tier 1 Leverage ratio of 10.24% as of September 30, 2025, remaining well above the regulatory minimum of 5%.

The commitment to the local community dates back to the bank's founding in 1982. This commitment is quantified by the $531,000 contributed to 245 nonprofit customers in February 2025 through the Nonprofit Partner Program alone.

Summit State Bank (SSBI) - Canvas Business Model: Customer Relationships

You're focused on how Summit State Bank (SSBI) maintains its connection with its North Bay customer base, which is heavily weighted toward small businesses and nonprofits.

Dedicated relationship managers for commercial clients

Summit State Bank serves small businesses and has a loan portfolio where commercial real estate loans make up 78% of the portfolio as of March 31, 2025. The bank has 106 colleagues supporting its operations across its domestic offices. This structure suggests a reliance on direct, dedicated service for its core commercial borrowers.

High-touch, personalized service model in the North Bay

The bank has built its reputation over 40 years by specializing in providing exceptional customer service and customized financial solutions to aid in the success of its customers in Sonoma County. The service model is inherently high-touch, given the bank's focus on a specific geographic area, the North Bay. The bank maintained 5 domestic offices as of the latest filing, though the Montgomery Village Branch closed on October 24, 2025, leaving 4 remaining locations as of the third quarter end. This local presence supports the personalized approach.

Community engagement via the Nonprofit Partner Program

Community engagement is quantified through the Nonprofit Partner Program, where contributions are based on the nonprofit customer's average annual account balances. In early 2025, Summit State Bank contributed $531,000 to 245 of its nonprofit customers for the prior year's balances. Since 2009, the total contribution through this program exceeds $6.5 million to Sonoma County Nonprofits. The program also offers non-financial relationship benefits.

The contribution rates for the Nonprofit Partner Program are specific based on account type:

Account Type	Annual Contribution Rate	Example on $100,000 Balance
Non-interest Operating Accounts	0.95%	$950
Interest-Bearing Accounts	0.25%	$250
ICS Non-interest	0.65%	$650
ICS Interest-bearing	0.15%	$150

The bank also hosts the annual North Bay Nonprofit Event (NBNE) to deepen relationships and provide resources.

Proactive communication on credit quality and risk management

The bank communicates its proactive stance on asset quality through key regulatory ratios and figures. As of September 30, 2025, the Tier 1 Leverage ratio was 10.24%, exceeding the minimum of 5% required to be categorized as "well-capitalized." The allowance for credit losses to total loans held for investment stood at 1.65% on September 30, 2025. Non-performing assets were $27,978,000, representing 2.78% of total assets at that date. Net loans held for investment decreased 9% to $838,402,000 compared to September 30, 2024, reflecting strategic balance sheet management to reduce risk.

Self-service options through online and mobile banking

Alongside the high-touch model, Summit State Bank supports customer needs through digital channels. The bank continues to serve the community through its physical locations as well as robust online and mobile banking channels. Customers have access to download the mobile app via links for both the Apple Store and Google Play.

• Total Assets as of September 30, 2025: $1.0 billion.
• Total Equity as of September 30, 2025: $100 million.
• Total Deposits at September 30, 2025: $888,784,000.
• Book value per share at September 30, 2025: $14.73.
• Total liquidity at September 30, 2025: $425,706,000, or 42.3% of total assets.

Finance: review the impact of the Montgomery Village branch closure on local commercial client service coverage by next Tuesday.

Summit State Bank (SSBI) - Canvas Business Model: Channels

You're looking at how Summit State Bank (SSBI) gets its value proposition-personalized community banking-out to its customers as of late 2025. The strategy balances a physical footprint in Sonoma County with necessary digital access points. Honestly, for a community bank with total assets around $1.0 billion as of September 30, 2025, this mix is about maintaining local relationships while keeping operational costs in check, especially after closing a branch in late 2025.

The physical presence is tightly focused on the North Bay area, which is where the bank built its reputation. This local focus is supported by a specific office dedicated to loan origination outside the core area. Here's a quick look at the physical and digital infrastructure supporting customer interaction:

Channel Type	Location/Platform	Detail/Data Point (as of late 2025)
Depository Offices (Full-Service)	Sonoma County	Four locations: Santa Rosa, Rohnert Park, Healdsburg, and Petaluma.
Loan Production Office (LPO)	Roseville, CA	Dedicated office for loan origination outside the primary service area.
Digital Access	Online Banking	Robust platform supporting customer transactions.
Digital Access	Mobile Banking	Platform accessible via dedicated apps on Apple Store and Google Play.
Direct Sales/Lending	Commercial & Business Lending	Supported by specialized roles like Vice President and Business Relationship Officer, and Vice President and SBL Commercial Lender.
Consumer Convenience	ATM Network	Access provided for consumer convenience (specific network size not publicly detailed).

The direct sales force is key for their core business of serving small businesses and nonprofits. The bank's lending activity, which saw net loans held for investment at $838,402,000 on September 30, 2025, relies on these relationship managers to drive production. To be fair, the digital channels are essential for scale, especially since total deposits were $888,784,000 as of the same date, but the relationship-based sales effort is what drives the high-touch commercial side.

The shift in the physical footprint is notable; the Montgomery Village Branch in Santa Rosa closed on October 24, 2025, leaving the remaining four offices to cover the core Sonoma County market. This move was cited as prudent due to a significant increase in rents. The bank is actively looking at new branch opportunities, suggesting the physical channel strategy is dynamic.

The digital channels support the entire customer base, which values both the local branch and the convenience of remote access. The bank's focus on digital tools like PWA and HTTP/3 shows an openness to modern technology to enhance the customer experience, even as they maintain a physical presence. The goal is to make banking simple, whether you are checking your balance online or sitting down with a relationship officer.

You can see the scale of the business these channels support through the balance sheet figures from Q3 2025:

• Total Assets: $1.0 billion
• Total Deposits: $888,784,000
• Net Interest Margin (Q3 2025 Annualized): 3.51%
• Tier 1 Leverage Ratio (Sept 30, 2025): 10.24%

Finance: draft 13-week cash view by Friday.

Summit State Bank (SSBI) - Canvas Business Model: Customer Segments

You're looking at the core clientele that drives Summit State Bank's business in the North Bay, which is heavily concentrated around real estate lending as of late 2025. The Bank has built its reputation over the past 40 years by specializing in providing exceptional customer service and customized financial solutions to aid in the success of its customers.

The primary focus for lending and relationship building centers on local entities and individuals within Sonoma County and the broader North Bay area. This includes:

• Small to medium-sized businesses in the North Bay, CA
• Local Sonoma County nonprofit organizations
• Entrepreneurs and business owners
• Affluent individuals and families

The most significant customer segment, based on loan concentration, is clearly commercial real estate investors. As of March 31, 2025, commercial real estate loans made up 78% of the total loan portfolio. By June 30, 2025, this concentration was reported at 80% of the portfolio, with net loans held for investment at $851,309,000. This concentration dictates a heavy reliance on the local commercial property market for revenue generation.

Here's a quick look at the loan portfolio composition around the mid-2025 period, showing where the focus lies:

Loan Category	Percentage of Portfolio (Q1 2025)	Percentage of Portfolio (Q2 2025)	Dollar Amount (Q2 2025)
Commercial Real Estate Loans	78%	80%	(Calculated based on $851,309,000 total loans)
Farmland Loans	8%	7%	$53,118,000

Breaking down that dominant commercial real estate segment as of June 30, 2025, shows the split between local business support and pure investment:

• Owner-occupied commercial real estate loans: 32% of the total CRE portion, equating to $218,209,000.
• Non-owner-occupied commercial real estate loans: 68% of the total CRE portion, equating to $470,880,000.

The Bank maintains four other Sonoma County branch locations, in addition to the one whose lease was not renewed as of October 24, 2025, and supports its customer base through robust online and mobile banking channels. The total assets for Summit State Bank were reported at $1.0 billion as of September 30, 2025.

For entrepreneurs and business owners, the Bank offers customized financial solutions, which is part of the reputation it has built over four decades. The focus on local nonprofits is also explicitly stated as a core service area. Affluent individuals and families are served through the general community banking model, often overlapping with the needs of local business owners in the North Bay.

Finance: review the loan origination pipeline for Q4 2025 to see if CRE concentration is trending below 80% by year-end.

Summit State Bank (SSBI) - Canvas Business Model: Cost Structure

You're looking at the core expenses driving Summit State Bank (SSBI)'s operations as of late 2025. Honestly, the bank has been aggressively managing costs following the challenges of 2024, which is clear when you look at the expense line items.

Interest expense on deposits and borrowings

Interest expense is a major cost component, tied directly to the rates paid on liabilities like deposits and borrowings. For the third quarter of 2025, the Total Interest Expense for Summit State Bank was $5,554,000. This represented a significant decrease of 28% compared to the $7,705,000 in the third quarter of 2024.

The primary driver for this reduction was the cost of funds. Specifically, Interest expense on Deposits for Q3 2025 totaled $5,373,000. This was down from $5,875,000 in the second quarter of 2025. Also contributing was a decrease in borrowing costs; Interest expense on Federal Home Loan Bank advances was only $54,000 in Q3 2025, down from $7,277,000 in Q2 2024 interest expense overall, which included FHLB advances.

Provision for credit losses on loans, managing non-performing assets

Managing credit risk translates directly into the provision for credit losses, which can swing earnings significantly. For the third quarter of 2025, Summit State Bank recorded a Provision for credit losses on loans of $2,709,000. This provision was almost entirely driven by one substantial loan secured by real property that was placed on non-accrual and charged down to fair value. This contrasts with the $0 provision recorded in the second quarter of 2025.

The bank's efforts to manage non-performing assets (NPA) show progress, though the level remains elevated compared to mid-2025. Non-performing assets stood at $27,978,000 as of September 30, 2025. This is up from the low of $13,762,000 at June 30, 2025, but significantly lower than the $41,971,000 reported on September 30, 2024. The allowance for credit losses to total loans held for investment was 1.65% at September 30, 2025.

Employee salaries, benefits, and branch operating expenses

The bank has actively sought operational efficiencies, especially through workforce adjustments. Total Operating Expenses for the third quarter of 2025 were $5,545,000, down from $6,181,000 in Q3 2024. This reduction stemmed from several actions.

Here's a breakdown of the key components impacting operating expenses in recent quarters:

Expense Component	Q3 2025 Amount (or Change)	Reference Period/Context
Salaries, Bonus, and Employee Benefits Reduction	$242,000 reduction	Q3 2025 vs Q3 2024
Salaries and Employee Benefits Decrease	$455,000 decrease	Q1 2025 vs Q1 2024 (due to 8% reduction in force)
Branch Closures	1 branch closed	Montgomery Village Branch closed October 24, 2025
Operating Expenses (Q2 2025)	$6,305,000	Compared to $6,627,000 in Q2 2024

The 8% reduction in force, initiated in the fourth quarter of 2024, is definitely showing up in the year-over-year comparisons for personnel costs. That's a real cost saving you can see.

Technology and data processing costs for digital services

Specific, isolated figures for technology and data processing costs for digital services aren't explicitly broken out in the readily available Q3 2025 summary filings. However, the overall cost management strategy implies scrutiny over all non-interest expenses, including technology spend.

General and administrative expenses, including regulatory compliance

General and administrative costs show variability based on regulatory and production activity. For Q3 2025, the bank realized savings due to changes in certain non-interest expenses:

• FDIC insurance expense accruals saw a $250,000 reduction in Q3 2025 compared to the prior year period.
• Commission expense decreased by $270,000 in Q3 2025, linked to lower loan and deposit production volumes.
• The allowance for credit losses on unfunded loan commitments resulted in a $49,000 provision in Q3 2025.

These non-interest expense adjustments help support the bottom line when credit provisions are high. Finance: draft 13-week cash view by Friday.

Summit State Bank (SSBI) - Canvas Business Model: Revenue Streams

You're looking at the core ways Summit State Bank (SSBI) brings in money as of the third quarter of 2025. For a bank, this primarily boils down to the spread between what it earns on its assets and what it pays for its liabilities, plus fees for services.

The engine for the Net Interest Income (NII) stream is the loan book. As of September 30, 2025, the Net loans held for investment stood at $838,402,000. This asset base is managed to generate a strong return, evidenced by the Net interest margin hitting 3.51% for the third quarter of 2025. That margin is a solid improvement, up 80 basis points compared to the third quarter of 2024.

Beyond the core lending margin, Summit State Bank pulls in revenue from various non-interest sources. Total Noninterest income for the third quarter of 2025 was $887,000. This figure was down from $1,030,000 in the third quarter of 2024, partly due to lower gains on sales of SBA guaranteed loan balances, which totaled $308,000 in Q3 2025 versus $474,000 in Q3 2024.

Interest income from the investment portfolio is another component. Total Interest and dividend income for the third quarter of 2025 was $14,220,000 compared to $14,977,000 in the third quarter of 2024. The component related to Interest income from investment securities saw a decrease of $179,000 due to a lower volume of investments held.

The bottom line for this revenue generation effort in the period was the reported Net income. For the third quarter ended September 30, 2025, Summit State Bank reported net income of $818,000, or $0.12 per diluted share.

Here's a quick view of the key revenue-related figures from Q3 2025:

Metric	Amount / Rate
Net Loans Held for Investment (as of 9/30/2025)	$838,402,000
Net Interest Margin (Q3 2025)	3.51%
Total Noninterest Income (Q3 2025)	$887,000
Total Interest and Dividend Income (Q3 2025)	$14,220,000
Net Income (Q3 2025)	$818,000

The revenue streams are supported by the following activities and results:

• Interest and fees on loans decreased by $527,000 from Q3 2024 due to lower portfolio volume.
• Interest expense decreased 28% to $5,554,000 in Q3 2025 versus Q3 2024.
• The cost of deposits decreased to 2.38% in Q3 2025 from 3.05% in Q3 2024.
• Gain on sales of SBA guaranteed loan balances was $308,000 in Q3 2025.
• Annualized return on average assets for Q3 2025 was 0.32%.
• Annualized return on average equity for Q3 2025 was 3.25%.

The strategic decision to suspend cash dividends for Q3 2025 is a move to bolster capital, which directly impacts retained earnings, a key component of equity supporting future revenue generation. Finance: draft 13-week cash view by Friday.