SUMMIT FINANCIAL GROUP, INC. Annual Current Federal Tax Expense (Benefit) in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current federal tax expense (benefit) pertaining to income (loss) from continuing operations.
Summary
Summit Financial Group, Inc. quarterly/annual Current Federal Tax Expense (Benefit) history and growth rate from 2010 to 2023.
  • Summit Financial Group, Inc. Current Federal Tax Expense (Benefit) for the quarter ending March 31, 2024 was $4.13M, a 16.9% increase year-over-year.
  • Summit Financial Group, Inc. Current Federal Tax Expense (Benefit) for the twelve months ending March 31, 2024 was $14M, a 4.44% increase year-over-year.
  • Summit Financial Group, Inc. annual Current Federal Tax Expense (Benefit) for 2023 was $13.4M, a 9.9% increase from 2022.
  • Summit Financial Group, Inc. annual Current Federal Tax Expense (Benefit) for 2022 was $12.2M, a 20% increase from 2021.
  • Summit Financial Group, Inc. annual Current Federal Tax Expense (Benefit) for 2021 was $10.2M, unchanged from 2020.
Current Federal Tax Expense (Benefit), Trailing 12 Months (USD)
Current Federal Tax Expense (Benefit), Annual (USD)
Current Federal Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $13.4M +$1.21M +9.9% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-12
2022 $12.2M +$2.03M +20% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-12
2021 $10.2M $0 0% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-12
2020 $10.2M +$3.51M +52.6% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-10
2019 $6.68M +$276K +4.31% Jan 1, 2019 Dec 31, 2019 10-K 2022-03-04
2018 $6.4M +$1.31M +25.7% Jan 1, 2018 Dec 31, 2018 10-K 2021-03-11
2017 $5.09M -$2.65M -34.2% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-06
2016 $7.74M +$1.52M +24.4% Jan 1, 2016 Dec 31, 2016 10-K 2019-03-01
2015 $6.22M +$2.84M +84% Jan 1, 2015 Dec 31, 2015 10-K 2018-03-02
2014 $3.38M +$2.52M +293% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-28
2013 $861K -$855K -49.8% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-26
2012 $1.72M -$2.68M -61% Jan 1, 2012 Dec 31, 2012 10-K 2015-03-02
2011 $4.4M +$3.36M +326% Jan 1, 2011 Dec 31, 2011 10-K 2014-03-07
2010 $1.03M Jan 1, 2010 Dec 31, 2010 10-K 2013-02-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.