Summit Bank
Status: | Inactive as of 05/20/2011 |
Absorption - Assisted | |
Successor Bank: | Columbia State Bank |
Headquarters: | Summit Bank 723 Haggen Drive Burlington, WA 98233 |
Established: | 01/01/1914 |
FDIC Insurance: | 01/01/1934 |
FDIC Cert: | #513 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $142,729,000 |
Total Deposits: | $131,631,000 |
History
1914-01-01 | Institution established: Original name:State Bank of Concrete | |
2005-03-03 | Changed name to Summit Bank | |
2007-06-13 | Moved bank headquarters from CONCRETE, WA to BURLINGTON, WA | |
2011-05-20 | Failed. Acquired with government financial assistance and subsequently operated as part of Columbia State Bank (33826) | |
2011-05-27 | Acquired First Heritage Bank (23626) in SNOHOMISH, WA as part of a government assisted transaction. | |
2011-08-05 | Acquired Bank of Whitman (22528) in COLFAX, WA as part of a government assisted transaction. | |
2013-04-01 | Acquired West Coast Bank (2345) in LAKE OSWEGO, OR | |
2014-11-01 | Acquired Panhandle State Bank (23415) in SANDPOINT, ID | |
2017-11-01 | Acquired Pacific Continental Bank (20774) in EUGENE, OR | |
2020-03-31 | Moved bank headquarters from BURLINGTON, WA to Tacoma, WA | |
2021-10-01 | Acquired Merchants Bank of CommerceColumbia State Bank (24074) in Sacramento, CA. |