Business Services Industry

Summit Financial Group Announces Record Q2 2004 Earnings; Diluted EPS Increases 31.6% to $0.75

Business Wire, July 21, 2004

About the Company

Summit Financial Group, Inc., a financial holding company with total assets of $849 million, operates twelve banking locations through its three wholly-owned community banks: Summit Community Bank, headquartered in Moorefield, West Virginia; Capital State Bank, Inc., headquartered in Charleston, West Virginia; and Shenandoah Valley National Bank in Winchester, Virginia. Summit also operates Summit Financial, LLC, a residential mortgage loan originator located in Herndon, Virginia.

Forward-Looking Statements

This press release contains forward-looking statements as defined by federal securities laws. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results could differ materially from current projections. Please refer to Summit's filings with the Securities and Exchange Commission for a summary of important factors that could affect Summit's forward-looking statements. Summit undertakes no obligation to revise these statements following the date of this press release.


 

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