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Thursday, January 7, 2010, 1:24PM ET - U.S. Markets close in 2 hours and 36 minutes. Dow Up 0.09% Nasdaq Down 0.38%
Summit Financial Group Inc. (SMMF)At 12:20PM ET: 3.89  Up 0.06 (1.66%)  
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Summit Financial Group Inc.
300 North Main Street
Moorefield, WV 26836
United States - Map
Phone: 304-530-1000
Fax: 304-538-7053
Web Site: http://www.summitfgi.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Mid-Atlantic Banks
Full Time Employees:238

BUSINESS SUMMARY 
Summit Financial Group, Inc. operates as a financial holding company for Summit Community Bank, which provides commercial and retail banking products and services primarily in the eastern Panhandle and south central regions of West Virginia, and the northern region of Virginia. It offers a range of community banking services, including demand, savings, and time deposits; commercial, real estate, and consumer loans; letters of credit; and cash management services. The company also operates Summit Insurance Services, LLC, an insurance agency, which offers commercial and personal lines of insurance, including group health, life, and disability benefit plans. As of December 31, 2008, it operated 15 banking offices. The company was founded in 1987 and is headquartered in Moorefield, West Virginia.
Key Statistics

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    CORPORATE GOVERNANCE 
    Summit Financial Group Inc.'s Corporate Governance Quotient (CGQ®) as of 3-Jan-10 is better than 38.5% of CGQ Universe companies and 23.5% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. H. Charles Maddy III, 46
    Chief Exec. Officer, Pres, Exec. Director, Member of Exec. Committee and Co-Chairman of Summit Community Bank
    $ 456.00K $ 12.00K
    Mr. Robert S. Tissue , 46
    Chief Financial Officer and Sr. VP
    $ 213.00K $ 0
    Mr. C. David Robertson , 66
    Member of Exec. Committee, Co-Chairman of Summit Community Bank, Chief Exec. Officer of Capital State Bank Inc and Pres of Capital State Bank Inc
    $ 195.00K $ 0
    Mr. Ronald F. Miller , 66
    Director, Member of Exec. Committee, Chief Exec. Officer of Shenandoah Valley National Bank and Pres of Shenandoah Valley National Bank
    $ 201.00K $ 0
    Mr. Patrick N. Frye , 51
    Chief Credit Officer, Sr. VP, Director and Member of Exec. Committee
    $ 224.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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