Summit Bancshares, Inc.Company Review & Valuation
About Summit Bancshares, Inc.
Summit Bancshares, Inc. operates as the bank holding company for Summit Bank that provides commercial credit and other banking services in California. It accepts checking and savings accounts, money market accounts, and certificates of deposit. The company offers term, commercial real estate, land d… Show moreevelopment and construction, and equipment and small business loans, as well as commercial lines of credit and letters of credit. It also provides credit and debit cards, cash management, online and mobile banking, remote deposit capture, merchant card, positive and bill pay, and e-statement services, as well as safe deposit boxes. The company operates through three branches. It serves small and midsized businesses and professionals, including professional firms of physicians, attorneys, accountants, real estate developers, retailers, service firms, wholesalers, and distributors. The company was founded in 1982 and is based in Oakland, California.Show less