-

Summit Bank Welcomes Veteran Portland Banker Jackie Costello

PORTLAND, Ore.--(BUSINESS WIRE)--Brian Thomas, Commercial Banking Team Leader for Summit Bank (OTC Pink: SBKO), announced today that Jackie Costello has been hired as Vice President, Business Client Advisor for Summit Bank’s Portland/Southwest Washington market.

Costello comes to Summit with over 30 years of banking experience supporting commercial and private banking clients in the Portland and Washington area, most recently as a lender for another community bank. She is also a former team lead for a regional trust bank. Always active in the community, Costello serves on the Board of Candlelighters for Children with Cancer. She also delivers meals to the elderly for Meals on Wheels. Costello will help manage Summit Bank’s client portfolio and help grow Summit’s loan and deposit portfolio, while also providing support and mentorship to the development efforts of our team.

“We are excited to have Jackie join our efforts to help Summit Bank grow our market presence in this community. Her long-time banking career will benefit our entire team and expand our client base,” says Thomas.

About Summit Bank

Summit Bank Group Inc., through its wholly owned subsidiary Summit Bank, is a leading independent community bank providing outstanding service to professionals and businesses within various industries including manufacturing, healthcare, public entities, and nonprofits. With offices in Eugene, Central Oregon, and downtown Portland, Summit Bank specializes in high-touch personal banking and local decision making. Summit Bank Group Inc. is quoted on the NASDAQ Over-the-Counter Bulletin Board as SBKO. In 2021, Summit Bank was named the Top Small Business Administration (SBA) Community Bank Lender in the State of Oregon and in 2022, has been named to Oregon Business Magazine’s Top 100 Best Places to Work.

Contacts

Brian Thomas, Commercial Banking Team Leader, Bthomas@sbko.bank

Summit Bank Group Inc.

OTC Pink:SBKO

Release Versions

Contacts

Brian Thomas, Commercial Banking Team Leader, Bthomas@sbko.bank

More News From Summit Bank Group Inc.

Summit Bank Announces Appointment of Steve Ritchie to Eugene & Springfield Advisory Board

EUGENE, Ore.--(BUSINESS WIRE)--Summit Bank is pleased to announce the appointment of Steve Ritchie, CPA, CFE, and Managing Partner at Kernutt Stokes, to its Eugene & Springfield Advisory Board. Ritchie brings a wealth of accounting, finance, and business leadership expertise to strengthen Summit Bank's commitment to exceptional service, fiscal responsibility, and sustainable growth. With more than two decades of industry experience, Ritchie began his career managing his family's business be...

Summit Bank Group Reports 2024 4th Quarter Earnings

EUGENE, Ore.--(BUSINESS WIRE)--Summit Bank Group (OTC Pink: SBKO) Q4 2024 Net Income - $3.01 million or $0.39 per fully diluted share an increase of 78.7 percent over 4th quarter 2023. 2024 Fiscal Year Net Income - $11.3 million or $1.45 per fully diluted share, an increase of $2.39 million or $0.30 per share over the fiscal year 2023. Year over year Net Loan Growth - $127.7 million or 14.0 percent. Year over year Deposit Growth - $196.9 million or 21.5 percent. Cash and securities total $180.8...

Summit Bank Group, Inc. Announces Adoption of Repurchase Program

EUGENE, Ore.--(BUSINESS WIRE)--Summit Bank Group, Inc. (the “Company”) (OTC Pink: SBKO), the holding company for Summit Bank, announced it has adopted a program to repurchase up to $1,000,000 worth of shares of its common stock. This is the Company’s first stock repurchase program since completing its holding company formation in 2020. Repurchases are expected to commence on or after November 20, 2024. Shares may be repurchased in open market or private transactions or pursuant to any trading p...
Back to Newsroom
  1. There was an issue with the authorization server. Please contact support if the issue persists.