Summit National Bank
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Data as of · sourced from FFIEC call reports. How we update
Summit National Bank is an FDIC-insured commercial bank headquartered in Hulett, WY, established in 1984 (FDIC certificate 25054), and it is supervised by the OCC. At Q2 2026 it reported total assets of $65.9M, down 24.6% from Q2 2025, the 21st largest of 24 banks headquartered in Wyoming. Its CET1 capital ratio was 4.82% at Q2 2026, above the 4.5% minimum but inside the capital conservation buffer range, where distributions can be constrained.
- Charter
- Commercial bank
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 25054
- Headquarters
- Hulett, WY
- Established
- 1984
- Total assets, Q2 2026
- $65.9M
- Assets vs Q2 2025
- -24.6%
- CET1 ratio, Q2 2026
- 4.82%
- Domestic offices
- 3 FDIC institution directory, current count
- Routing number
- 102305373
- Holding company
- MODE ELEVEN BANCORP
- Asset rank in state
- 21st of 24 in Wyoming
Summit National Bank spends more to run itself than most banks of its size. Based in Hulett, Wyoming, it had $66 million in assets at June 30, 2026, down 24.6% from a year earlier. It loses about $3.69 a year on every $100 of assets, lower than about 9 in 10 of the 583 banks with less than $100 million in assets (median $1.06). It also keeps 2.40 cents of net interest income on every dollar of earning assets, lower than about 9 in 10 banks its size (median 3.87 cents).
It lost $659,000 in the quarter. Over the same year, loans shrank 20.7% and deposits shrank 24.2%. Where it has less room is capital: it holds common equity equal to 4.82% of its risk-weighted assets, a small fraction of the median of 22.08% for banks its size.
As of June 30, 2026, Summit National Bank reported a CET1 capital ratio of 4.82%, a return on assets of -3.69%, a nonperforming-loan ratio of 0.46% and a Texas ratio of 7.28%. The figures come from its call report filed with the FFIEC.
Summit National Bank ranks as the 21st largest of the 24 banks based in Wyoming, by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets fell 6.7% to $65.9M, loans fell 7.6% and deposits fell 7.0%. Leases made up 45.9% of its total loans on June 30, 2026, its largest category; next came non-owner-occupied commercial real estate loans at 15.6%. Its 3 offices in the FDIC Summary of Deposits are in Hulett, WY, Ekalaka, MT and Salmon, ID; its Hulett office books 59% of its branch deposits. Judged on its Q2 2026 call report, Summit National Bank falls below at least one capital ratio minimum for adequately capitalized.
Headquarters Profile
- Address
- 133 Main St, Hulett, WY 82720
- County
- Crook
- Charter
- Commercial bank, national (federal) charter, Fed member, OCC-supervised
- Primary Regulator
- OCC
- FDIC Region
- San Francisco (Region 14)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 10, Kansas City
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- February 28, 1984
- Domestic offices
- 3 FDIC institution directory, current count
- Employees (FTE)
- 22
- Domestic deposits
- $64.0M
- Allowance for credit losses
- $549K
- Net charge-offs (YTD)
- -$3K
- Average total assets
- $71.5M
- Average total loans
- $18.7M
- Average interest-bearing deposits
- $48.7M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- February 28, 1984
- FDIC Cert
- 25054
- Fed RSSD
- 78559
- SEC CIK
- 1864351 → filed by MODE ELEVEN BANCORP
- Website
- http://www.summitnb.com →
- Parent Holding Company
- MODE ELEVEN BANCORP (RSSD 3402511)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
Summit National Bank's total assets moved between a low of $65.9M (Q2 2026) and a high of $121.6M (Q3 2023) from Q3 2023 to Q2 2026, and it posted no profit in any of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$65.9M total assets against $87.4M; $64.4M total liabilities against $85.0M.
$32.9M net loans and leases against $41.3M; $64.0M total deposits against $84.4M.
$11.3M securities against $12.1M; $18.3M cash and balances due against $31.0M.
$787K total interest income against $1.0M; $398K total interest expense against $465K.
$389K net interest income against $573K.
$37K total noninterest income against $36K; $1.1M total noninterest expense against $1.4M.
$0 provision for credit losses against $0.
-$659K net income against -$783K.
-3.69% return on assets against -3.65%; 2.40% net interest margin against 2.76%.
4.82% CET1 capital ratio against 6.24%; 2.46% tier 1 leverage ratio against 3.31%.
Inside the full Summit National Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
The bank's Common Equity Tier 1 ratio is below the 7% effective floor (4.5% minimum + 2.5% conservation buffer): triggers regulatory restrictions on dividends, buybacks, and discretionary bonuses. Basel III capital conservation buffer, 12 CFR 217.11.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Summit National Bank rankings
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from -12.58% (Q4 2024) to -0.64% (Q1 2026) and its net interest margin ran from 1.91% (Q4 2025) to 2.99% (Q3 2024).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 4.82% | -3.69% | 0.46% | 7.28% | 2.40% |
| Q1 2026 | 4.85% | -0.64% | 0.45% | 7.61% | 2.03% |
| Q4 2025 | 3.91% | -3.52% | 0.44% | 7.82% | 1.91% |
| Q3 2025 | 5.35% | -5.02% | 0.48% | 6.96% | 2.46% |
| Q2 2025 | 6.24% | -3.65% | 0.46% | 5.99% | 2.76% |
| Q1 2025 | 7.70% | -6.18% | 0.51% | 5.59% | 2.40% |
| Q4 2024 | 9.17% | -12.58% | 0.26% | 2.51% | 2.90% |
| Q3 2024 | 14.46% | -2.77% | 0.26% | 1.57% | 2.99% |
Swipe the table sideways to see every column.
Branch Network
View all 3 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Summit National Bank (main office) | Hulett , WY | 82720 | $37.7M |
| Ekalaka Branch | Ekalaka , MT | 59324 | $13.4M |
| Salmon Branch | Salmon , ID | 83467 | $12.9M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| August 29, 2009 | Structure Change | Acquired The First National Bank of Ekalaka Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| August 28, 2009 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 3 against the institution (OCC)
- June 4, 2024, OCC: Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Summit National Bank
- June 5, 2012, OCC: Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Summit National Bank
- October 5, 1992, OCC: Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Hulett National Bank
- Period: Most recent institution action June 4, 2024. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.2% of deposits in WY, rank 40 of 44 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $709K approved, $709K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2015 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Summit National Bank
What are Summit National Bank's total assets?
As of the Q2 2026 filing, Summit National Bank reported total assets of $65.9 million in its FFIEC call report.
Where is Summit National Bank headquartered?
It is headquartered in Hulett, WY, United States.
When was Summit National Bank founded?
It was established in 1984, per the FDIC institution directory.
Is Summit National Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #25054). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Summit National Bank?
Summit National Bank's primary federal regulator is the OCC.
What is Summit National Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 4.82% in its Q2 2026 call report, above the 4.5% minimum but inside the capital conservation buffer range, where distributions can be constrained.
How many branches does Summit National Bank operate?
It operates 3 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Summit National Bank's Texas Ratio?
Its Texas Ratio is 7.28% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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