Summit Bancshares, Inc.

Summit Bancshares Inc. operates as a holding company of the Summit Bank that provides commercial credit and other banking services to small and mid sized businesses, and professionals. Its product portfolio includes business checking and super NOW checking accounts; savings account, money markets, and certificates of deposits; loans, such as term, commercial real estate, land development and construction, commercial lines of credits, equipment, small business, and letters of credit loans; and credit cards. The company also offers various services, including cash management, online banking, remote deposit capture, merchant card, positive pay, estatements, mobile banking, and safe deposit box services. Summit Bancshares Inc. primarily serves physicians, attorneys, accountants, real estate developers, and retailers, as well as service firms, wholesalers, and distributors through three branches. The company was founded in 1982 and is based in Oakland, California. As of 2006,Summit Bancshares Inc. is a subsidiary of Commerce Bancshares Inc.