Summit Bank reported a profit increase for the second quarter, with earnings totaling $3.33 million or $0.42 per share, compared to $2.70 million or $0.35 per share last year. The company’s earnings on a GAAP basis were $3.33 million, up from $2.70 million last year, with an EPS of $0.42 compared to $0.35.

Read more at Nasdaq: Summit Bank Bottom Line Rises In Q2