Peer Analysis SUMMIT FINANCIAL GROUP, INC. (NASDAQ - SMMF)

Performance Ratios (%) SMMF Peer Median Peer Average
ROAA 1.25 1.21 1.20
ROAE 11.98 9.16 9.43
Net Interest Margin 3.69 3.67 3.92
Efficiency Ratio 52.66 56.66 61.46
Loans / Deposits 98.16 89.58 88.06
Asset Quality Ratios (%)
NPAs / Assets 2.07 0.52 0.74
NCOs / Avg Loans 0.10 0.11 0.17
Reserves / Loans 1.23 0.99 1.06
Reserves / NPAs 47.31 99.28 166.30
Capital Ratios (%)
Tier 1 Capital 11.70 12.93 14.93
Tangible Equity / Tangible Assets 8.95 10.17 10.36
Total Equity / Total Assets 10.19 13.71 12.85
Market Ratios
Price / Earnings (x) 7.61 9.23 9.15
Price / Book (%) 89.89 82.68 81.75
Dividend Yield (%) 3.84 4.35 4.06
Data for trailing four quarters

Summit Financial Group, Inc.'s peer group consists of the following: Access National Corporation (ANCX), American National Bankshares Inc. (AMNB), C&F Financial Corporation (CFFI), Community Bankers Trust Corporation (ESXB), First Community Bankshares, Inc. (FCBC), MVB Financial Corp. (MVBF), National Bankshares, Inc. (NKSH), Premier Financial Bancorp, Inc. (PFBI), Southern National Bancorp of Virginia, Inc. (SONA)

Summit Financial Group, Inc.'s financial data is as of 3/31/2020.

Peer financial data is as of 3/31/2020 except for these companies:

Access National Corporation's financial data is as of 12/31/2018.