Summit State Bank announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported total interest income of $4,296,000 compared to $4,625,000 a year ago. Net interest income before provision for loan losses was $3,619,000 compared to $3,818,000 a year ago. Income before provision for income taxes was $943,000 compared to $746,000 a year ago. Net income available for common stockholders was $379,000 or $0.08 per basic and diluted common share compared to $298,000 or $0.06 per basic and diluted common share a year ago. Return on average assets was 0.56% compared to 0.49% a year ago. Return on average common equity was 3.16% compared to 2.48% a year ago. Return on average common tangible equity was 3.46% compared to 2.71% a year ago. For the year, the company reported total interest income of $18,678,000 compared to $18,886,000 a year ago. Net interest income before provision for loan losses was $15,750,000 compared to $15,333,000 a year ago. Income before provision for income taxes was $3,792,000 compared to $3,183,000 a year ago. Net income available for common stockholders was $1,577,000 or $0.33 per basic and diluted common share compared to $1,255,000 or $0.26 per basic and diluted common share a year ago. Book value per common share was $9.98 compared to $9.95 a year ago. Return on average assets was 0.59% compared to 0.51% a year ago. Return on average common equity was 3.33% compared to 2.64% a year ago. Return on average common tangible equity was 3.65% compared to 2.89% a year ago. The company declared quarterly dividend of $0.09 per share payable on February 23, 2012 with a record date of February 15, 2012.