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Summit Financial Group, Inc. (SMMF)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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25.08+0.05 (+0.20%)
At close: 04:00PM EDT
25.08 0.00 (0.00%)
After hours: 04:02PM EDT

Summit Financial Group, Inc.

300 North Main Street
PO Box 179
Moorefield, WV 26836
United States
304 530 1000
https://www.summitfgi.com

Sector(s)Financial Services
IndustryBanks - Regional
Full Time Employees496

Key Executives

NameTitlePayExercisedYear Born
Mr. H. Charles Maddy IIIVice Chairman, President & CEO938.32kN/A1963
Mr. Robert S. TissueExecutive VP & CFO533.02kN/A1963
Mr. Scott C. JenningsExecutive VP & COO533.16kN/A1961
Mr. Patrick N. FryeExecutive VP & Chief of Credit Administration485.81kN/A1959
Mr. Bradford E. RitchieExecutive VP & President of Summit Community Bank593.06kN/A1968
Ms. Julie R. MarkwoodExecutive VP & Chief Accounting OfficerN/AN/A1983
Ms. Teresa D. ElyCompany Secretary, Executive Assistant to President & CEO and Director of Shareholder RelationsN/AN/AN/A
Ms. Danyl R. FreemanExecutive VP & Chief Human Resources OfficerN/AN/A1970
Angela R. ZirkExecutive VP & Chief Experience OfficerN/AN/AN/A
Ms. Lauren N. KimlelExecutive VP & Chief Banking OfficerN/AN/AN/A
Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Summit Financial Group, Inc. operates as a financial holding company for Summit Community Bank, Inc. that provides community banking and other financial services to individuals and businesses primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia and the Northern, Shenandoah Valley, and Southwestern regions of Virginia, and the Central region of Kentucky. Its community banking services include demand, savings, and time deposits; commercial, commercial real estate, construction and land development, residential real estate, and consumer loans; and mortgage warehouse lines of credit, as well as trust and wealth management, cash management, and insurance services. Summit Financial Group, Inc. was incorporated in 1987 and is headquartered in Moorefield, West Virginia.

Corporate Governance

Summit Financial Group, Inc.’s ISS Governance QualityScore as of April 1, 2024 is 6. The pillar scores are Audit: 6; Board: 5; Shareholder Rights: 6; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.