SUMMIT FINANCIAL GROUP, INC. Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Summit Financial Group, Inc. quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
  • Summit Financial Group, Inc. Interest Expense for the quarter ending March 31, 2024 was $25.6M, a 57.2% increase year-over-year.
  • Summit Financial Group, Inc. Interest Expense for the twelve months ending March 31, 2024 was $95.3M, a 123% increase year-over-year.
  • Summit Financial Group, Inc. annual Interest Expense for 2023 was $86M, a 189% increase from 2022.
  • Summit Financial Group, Inc. annual Interest Expense for 2022 was $29.8M, a 138% increase from 2021.
  • Summit Financial Group, Inc. annual Interest Expense for 2021 was $12.5M, a 36.1% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $86M +$56.2M +189% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-12
2022 $29.8M +$17.3M +138% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-12
2021 $12.5M -$7.04M -36.1% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-12
2020 $19.5M -$10.5M -34.9% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-10
2019 $30M +$4.38M +17.1% Jan 1, 2019 Dec 31, 2019 10-K 2022-03-04
2018 $25.6M +$7.23M +39.3% Jan 1, 2018 Dec 31, 2018 10-K 2021-03-11
2017 $18.4M +$3.3M +21.9% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-06
2016 $15.1M +$2.22M +17.2% Jan 1, 2016 Dec 31, 2016 10-K 2019-03-01
2015 $12.9M -$2.37M -15.6% Jan 1, 2015 Dec 31, 2015 10-K 2018-03-02
2014 $15.2M -$3.24M -17.5% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-28
2013 $18.5M -$5.59M -23.2% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-26
2012 $24.1M -$7.14M -22.9% Jan 1, 2012 Dec 31, 2012 10-K 2015-03-02
2011 $31.2M -$8.32M -21% Jan 1, 2011 Dec 31, 2011 10-K 2014-03-07
2010 $39.5M 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.