The bank reported $917 million in gross loans at quarter-end, reflecting 8.38% annualized growth amid broad-based demand.
1ST Summit Bancorp reported second-quarter GAAP earnings per share of $1.18 on revenue of $11.53 million. The results align with the bank’s ongoing expansion in its market area.
Gross loans reached approximately $917 million as of June 30, 2026, marking an 8.38% annualized increase for the quarter. Loan production remained diversified across the bank’s portfolio, signaling sustained demand.
The bank did not disclose immediate market reactions to the earnings release.