Summit Bancshares, Inc.

SMAL · OTC
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12/31/2007
9/30/2007
6/30/2007
3/31/2007
Revenue$3,737$3,692$3,612$3,745
% Growth1.2%2.2%-3.6%
Cost of Goods Sold$898$880$835$866
Gross Profit$2,839$2,812$2,777$2,879
% Margin76%76.2%76.9%76.9%
R&D Expenses$0$0$0$0
G&A Expenses$783$838$875$830
SG&A Expenses$783$838$875$830
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$559$549$482$484
Operating Expenses$1,342$1,387$1,357$1,314
Operating Income$1,497$1,425$1,420$1,565
% Margin40.1%38.6%39.3%41.8%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$1,497$1,425$1,420$1,565
Tax Expense$543$524$541$614
Net Income$954$901$879$951
% Margin25.5%24.4%24.3%25.4%
EPS0.880.490.480.52
% Growth79.6%2.1%-7.7%
EPS Diluted0.880.490.480.52
Weighted Avg Shares Out1,5181,8241,8241,824
Weighted Avg Shares Out Dil1,5181,8241,8241,824
Supplemental Information
Interest Income$3,562$3,553$3,471$3,613
Interest Expense$889$880$805$821
Depreciation & Amortization$0$0$0$0
EBITDA$1,497$1,425$1,420$1,565
% Margin40.1%38.6%39.3%41.8%