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Summit Bank Reports 2nd Quarter Earnings and Stock Offering Update

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EUGENE, Ore.--(BUSINESS WIRE)--Summit Bank (OTCBB:SBKO) reported net income for the second quarter of $820 thousand or 36 cents per fully diluted share. Earnings for the comparable period one year ago were $681 thousand or 31 cents per fully diluted share. Year to date earnings were $1.39 million or 62 cents per fully diluted share, representing a 21.6 percent increase over the 51 cents per share that the Bank earned during the first six months of 2014. Year to date non-interest income increase

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