Summit State Bank (SSBI)

Net assets on the balance sheet as of June 2024 : $97.94 Million USD

According to Summit State Bank's latest financial reports the company has $97.94 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Summit State Bank - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$88.54 M	5.06%
2021-12-31	$$84.28 M	11.44%
2020-12-31	$$75.62 M	12.3%
2019-12-31	$$67.34 M	9.47%
2018-12-31	$$61.52 M	3.09%
2017-12-31	$$59.67 M	1.8%
2016-12-31	$$58.62 M	2.26%
2015-12-31	$$57.32 M	-15.17%
2014-12-31	$$67.58 M	9.65%
2013-12-31	$$61.63 M	-1.97%
2012-12-31	$$62.87 M	3.05%
2011-12-31	$$61 M	10.31%
2010-12-31	$$55.3 M	-0.35%
2009-12-31	$$55.5 M	-0.08%
2008-12-31	$$55.54 M	16.41%
2007-12-31	$$47.71 M	-0.2%
2006-12-31	$$47.81 M	76.8%
2005-12-31	$$27.04 M	6.53%
2004-12-31	$$25.38 M	6.74%
2003-12-31	$$23.78 M	6.54%
2002-12-31	$$22.32 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Summit State Bank (SSBI) - Net assets