SBGA Summit Bank

Summit Bank Corporation (Nasdaq:SBGA) announced a quarterly dividend of $.10 per share payable to all shareholders of record on May 16, 2005, to be paid on May 26, 2005. Summit recently announced quarterly earnings of $1,306,000 for the first quarter of 2005 compared to $1,321,000 for the same period in 2004. Earnings per share (diluted) for the first quarters of both 2005 and 2004 were $.23 (diluted). Summit's earnings resulted in a return on average shareholders' equity of 15.1% in 2005 compared to 15.9% for the three-month period of 2004. Total assets were $522 million at March 31, 2005, down 5% from year-end 2004, as a result of steps taken to de-leverage the balance sheet. The Company's wholly-owned subsidiary, The Summit National Bank, is an Atlanta-based community bank with full-service operations in the metropolitan areas of Atlanta, Georgia and the San Francisco Bay area of California, as well as a representative office in Shanghai, China. The Summit National Bank's niche specialties include international trade finance, small business lending and service to various ethnic markets, including Asian-American, European-American and Latin-American businesses. Summit provides its diverse customer base with a multi-lingual staff proficient in many languages. Summit Bank Corporation stock is listed on the Nasdaq National Market under the symbol SBGA.