Summit Bank

Status:Inactive as of 07/15/2011
 Absorption - Assisted
Successor Bank:The Foothills Bank
Headquarters:Summit Bank
201 North Montezuma St.
Prescott, AZ 86301
Established:11/04/2002
FDIC Insurance:11/04/2002
FDIC Cert:#57442
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$73,066,000
Total Deposits:$67,471,000

History

2002-11-04Institution established: Original name:Summit Bank
2011-07-15Failed. Acquired with government financial assistance and subsequently operated as part of The Foothills Bank (34573)
2017-05-01Merged into and subsequently operated as part of Glacier Bank (30788) in KALISPELL, MT
2018-01-31Acquired Collegiate Peaks Bank (26916) in BUENA VISTA, CO
2018-02-28Acquired First Security Bank (1520) in BOZEMAN, MT
2019-04-29Acquired The First National Bank of Layton (2260) in LAYTON, UT
2019-07-31Acquired Heritage Bank of Nevada (34072) in RENO, NV
2020-02-29Acquired State Bank of Arizona (33508) in LAKE HAVASU CITY, AZ

Financial Information (2011-06-30 and Older)