Summit State Bank Management
Management criteria checks 4/4
Summit State Bank's CEO is Brian Reed, appointed in Apr 2020, has a tenure of 6.25 years. total yearly compensation is $556.87K, comprised of 97.5% salary and 2.5% bonuses, including company stock and options. directly owns 2.14% of the company’s shares, worth $1.92M. The average tenure of the management team and the board of directors is 7.6 years and 12.5 years respectively.
Key information
Brian Reed
Chief executive officer
US$556.9k
Total compensation
| CEO salary percentage | 97.48% |
| CEO tenure | 6.3yrs |
| CEO ownership | 2.1% |
| Management average tenure | 7.6yrs |
| Board average tenure | 12.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$6m |
| Dec 31 2025 | US$557k | US$543k | US$7m |
| Sep 30 2025 | n/a | n/a | -US$1m |
| Jun 30 2025 | n/a | n/a | -US$2m |
| Mar 31 2025 | n/a | n/a | -US$3m |
| Dec 31 2024 | US$546k | US$521k | -US$4m |
| Sep 30 2024 | n/a | n/a | US$5m |
| Jun 30 2024 | n/a | n/a | US$6m |
| Mar 31 2024 | n/a | n/a | US$8m |
| Dec 31 2023 | US$798k | US$517k | US$11m |
| Sep 30 2023 | n/a | n/a | US$13m |
| Jun 30 2023 | n/a | n/a | US$16m |
| Mar 31 2023 | n/a | n/a | US$17m |
| Dec 31 2022 | US$820k | US$439k | US$17m |
| Sep 30 2022 | n/a | n/a | US$16m |
| Jun 30 2022 | n/a | n/a | US$16m |
| Mar 31 2022 | n/a | n/a | US$15m |
| Dec 31 2021 | US$647k | US$399k | US$15m |
| Sep 30 2021 | n/a | n/a | US$14m |
| Jun 30 2021 | n/a | n/a | US$13m |
| Mar 31 2021 | n/a | n/a | US$11m |
| Dec 31 2020 | US$518k | US$317k | US$11m |
| Sep 30 2020 | n/a | n/a | US$9m |
| Jun 30 2020 | n/a | n/a | US$9m |
| Mar 31 2020 | n/a | n/a | US$7m |
| Dec 31 2019 | US$305k | US$244k | US$6m |
Compensation vs Market: Brian's total compensation ($USD556.87K) is about average for companies of similar size in the US market ($USD659.85K).
Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.
CEO
Brian Reed (67 yo)
Mr. Brian J. Reed has been the President and Chief Executive Officer at Summit State Bank since April 28, 2020 and has been its Director since April 2020. He served as an Executive Vice President and Chief...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.3yrs | US$556.87k | 2.14% $ 1.9m | |
| Executive VP & COO | 8.5yrs | US$358.60k | 0.45% $ 400.6k | |
| Executive VP & Chief Banking Officer | less than a year | US$348.36k | 0.31% $ 277.8k | |
| Executive VP & CFO | 7.6yrs | US$156.48k | 0.22% $ 195.4k | |
| Vice President of Marketing & Community Relations | 12.8yrs | no data | no data | |
| Senior Vice President | 14.8yrs | no data | no data | |
| Senior Vice President | 9.9yrs | no data | no data | |
| Senior VP & Senior Relationship Manager | 1.4yrs | no data | no data | |
| Executive VP & Chief Credit Officer | 2.3yrs | no data | no data | |
| Senior VP & Senior Relationship Manager | no data | no data | no data | |
| Corporate Secretary | no data | no data | no data | |
| Director of Information Services | no data | no data | no data |
Experienced Management: SSBI's management team is seasoned and experienced (7.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.3yrs | US$556.87k | 2.14% $ 1.9m | |
| Independent Director | 28.5yrs | US$25.70k | no data | |
| Independent Director | 26.5yrs | US$47.45k | no data | |
| Independent Chairperson of the Board | 4.2yrs | US$54.15k | 4.85% $ 4.4m | |
| Member of Advisory Board | no data | US$12.40k | no data | |
| Chairman of Advisory Board Member | no data | US$13.20k | no data | |
| Independent Director | 17.4yrs | US$50.70k | 0.37% $ 330.1k | |
| Independent Director | 13yrs | US$43.95k | 0.92% $ 829.1k | |
| Independent Director | 12yrs | US$60.45k | 0.31% $ 274.6k | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Independent Vice Chairperson of the Board | 6.5yrs | US$64.70k | no data |
Experienced Board: SSBI's board of directors are seasoned and experienced ( 12.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/06 14:10 |
| End of Day Share Price | 2026/07/02 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Summit State Bank is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.