1ST SUMMIT BANCORP of Johnstown, Inc. (FSMK)
For informational purposes only. Not financial advice. Analysis by Sedat Aydin, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
1ST SUMMIT BANCORP of Johnstown, Inc. (FSMK) with AI Score 48/100 (Weak). 1ST SUMMIT BANCORP of Johnstown, Inc. Market cap: 0, Sector: Financial services.
Last analyzed: Mar 16, 20261ST SUMMIT BANCORP of Johnstown, Inc. (FSMK) Financial Services Profile
1ST SUMMIT BANCORP of Johnstown, Inc., established in 1924, operates as a regional bank holding company in Pennsylvania, providing traditional banking services, wealth management, and loan products. With a market capitalization of $0.08 billion and a dividend yield of 4.65%, it competes with other regional banks in a fragmented market.
Investment Thesis
1ST SUMMIT BANCORP of Johnstown, Inc. presents a community banking model with a focus on serving specific counties in Pennsylvania. With a P/E ratio of 14.65 and a dividend yield of 4.65%, the bank may appeal to income-focused investors. Growth catalysts include expanding its wealth management services and increasing commercial lending activities within its existing footprint. Potential risks involve navigating regulatory changes and managing credit risk within its loan portfolio. The company's profitability, indicated by a 7.6% profit margin, needs to be sustained through efficient operations and strategic growth initiatives.
Based on FMP financials and quantitative analysis
Key Highlights
- Market capitalization of $0.08 billion indicates its size relative to other regional banks.
- P/E ratio of 14.65 suggests its valuation compared to its earnings.
- Profit margin of 7.6% reflects its profitability from operations.
- Gross margin of 40.9% indicates its efficiency in generating revenue from its services.
- Dividend yield of 4.65% provides income to investors, potentially attracting those seeking regular returns.
Competitors & Peers
Strengths
- Established presence in local markets.
- Strong customer relationships.
- Diverse range of financial products and services.
- Experienced management team.
Weaknesses
- Limited geographic reach.
- Reliance on traditional banking model.
- Smaller size compared to larger regional and national banks.
- Exposure to interest rate risk.
Catalysts
- Upcoming: Potential for increased profitability through expansion of wealth management services.
- Ongoing: Continued focus on enhancing digital banking capabilities to attract and retain customers.
- Ongoing: Strategic partnerships with fintech companies to offer innovative financial products.
- Potential: Possible acquisitions of smaller community banks to expand market share.
Risks
- Potential: Increased competition from larger regional and national banks.
- Potential: Economic downturns impacting loan demand and credit quality.
- Ongoing: Regulatory changes and compliance costs affecting profitability.
- Potential: Cybersecurity risks and data breaches compromising customer information.
- Ongoing: Limited liquidity due to OTC market trading.
Growth Opportunities
- Expansion of Wealth Management Services: 1ST SUMMIT BANCORP can capitalize on the growing demand for wealth management services in its operating region. By offering tailored investment advice, retirement planning, and estate planning services, the bank can attract high-net-worth individuals and families. The wealth management market is expected to grow as the population ages and accumulates more wealth, presenting a significant opportunity for 1ST SUMMIT BANCORP to increase its fee-based income. Timeline: Ongoing.
- Increased Commercial Lending: Focusing on expanding its commercial lending portfolio to small and medium-sized businesses (SMBs) in its service area can drive revenue growth. By providing financing for business expansion, equipment purchases, and working capital, 1ST SUMMIT BANCORP can support local economic development and build long-term relationships with business clients. The SMB lending market is substantial, and 1ST SUMMIT BANCORP's local presence gives it a competitive advantage in understanding the needs of these businesses. Timeline: Ongoing.
- Digital Banking Enhancements: Investing in digital banking technologies to improve customer experience and streamline operations can attract and retain customers. By offering mobile banking, online account access, and digital payment solutions, 1ST SUMMIT BANCORP can cater to the evolving preferences of tech-savvy customers. The adoption of digital banking is increasing rapidly, and banks that fail to adapt risk losing market share. Timeline: Ongoing.
- Strategic Acquisitions: Pursuing strategic acquisitions of smaller community banks or financial institutions in adjacent markets can expand 1ST SUMMIT BANCORP's geographic footprint and customer base. By acquiring complementary businesses, the bank can achieve economies of scale, diversify its revenue streams, and enhance its market position. The consolidation trend in the banking industry presents opportunities for 1ST SUMMIT BANCORP to grow through acquisitions. Timeline: Potential.
- Partnerships with Fintech Companies: Collaborating with fintech companies to offer innovative financial products and services can enhance 1ST SUMMIT BANCORP's competitiveness and attract new customers. By partnering with fintech firms specializing in areas such as online lending, digital payments, and financial planning, the bank can leverage their expertise and technology to expand its offerings. Fintech partnerships can provide 1ST SUMMIT BANCORP with access to new markets and customer segments. Timeline: Potential.
Opportunities
- Expansion into new markets.
- Adoption of digital banking technologies.
- Strategic acquisitions of smaller banks.
- Growth in wealth management services.
Threats
- Increased competition from larger banks and fintech companies.
- Regulatory changes and compliance costs.
- Economic downturns impacting loan demand and credit quality.
- Cybersecurity risks and data breaches.
Competitive Advantages
- Established local presence with 17 offices in Pennsylvania.
- Long-standing history in the region dating back to 1924.
- Strong relationships with local customers and businesses.
- Personalized service and local market expertise.
About FSMK
1ST SUMMIT BANCORP of Johnstown, Inc., incorporated in 1924, functions as the bank holding company for 1ST SUMMIT BANK. The bank offers a diverse suite of financial products and services, including checking, savings, and money market accounts, as well as certificates of deposit and individual retirement accounts. Loan offerings encompass residential real estate, commercial mortgages, commercial loans, and consumer loans. Additionally, the company provides wealth management, investment, and trust services, along with credit and debit cards and life insurance products. Operating through 17 offices located in Cambria, Somerset, Indiana, Blair, and Westmoreland counties in Pennsylvania, 1ST SUMMIT BANCORP focuses on serving local communities and businesses. Originally known as SUMMIT Bancorp, Inc., the company rebranded in 1996 to its current name, 1ST SUMMIT BANCORP of Johnstown, Inc., marking a strategic shift in its corporate identity and market positioning. The company's long-standing presence in the region underscores its commitment to providing personalized financial solutions to its customer base.
What They Do
- Accepts deposits in the form of checking, savings, and money market accounts.
- Offers certificates of deposit and individual retirement accounts.
- Provides residential real estate loans to individuals.
- Provides commercial mortgage loans for businesses.
- Offers commercial loans to support business operations and growth.
- Provides consumer loans for various personal needs.
- Offers wealth management, investment, and trust services.
- Provides credit and debit cards to customers.
Business Model
- Generates revenue from interest income on loans.
- Earns fees from wealth management, investment, and trust services.
- Collects service charges on deposit accounts.
- Generates interchange income from credit and debit card transactions.
Industry Context
1ST SUMMIT BANCORP of Johnstown, Inc. operates within the regional banking sector, which is characterized by intense competition and evolving customer preferences. The industry is influenced by factors such as interest rate fluctuations, regulatory requirements, and technological advancements. Regional banks like 1ST SUMMIT BANCORP compete with larger national banks and smaller community banks, focusing on personalized service and local market expertise. The banking industry is also seeing increased consolidation, with larger banks acquiring smaller ones to expand their market share and geographic reach.
Key Customers
- Individuals seeking personal banking services.
- Small and medium-sized businesses requiring commercial loans.
- High-net-worth individuals seeking wealth management services.
- Local communities within Cambria, Somerset, Indiana, Blair, and Westmoreland counties in Pennsylvania.
Financials
Chart & Info
1ST SUMMIT BANCORP of Johnstown, Inc. (FSMK) stock price: Price data unavailable
Latest News
No recent news available for FSMK.
Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FSMK.
Price Targets
Wall Street price target analysis for FSMK.
MoonshotScore
What does this score mean?
The MoonshotScore rates FSMK's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Allison S. Johnson
CEO
Allison S. Johnson serves as the CEO of 1ST SUMMIT BANCORP of Johnstown, Inc. Her background includes extensive experience in the financial services industry, with a focus on community banking and regional development. Prior to her role as CEO, she held various leadership positions within the company, overseeing areas such as commercial lending, retail banking, and strategic planning. Johnson's expertise lies in driving growth, enhancing customer relationships, and fostering a strong corporate culture. She is actively involved in community initiatives and serves on the boards of several local organizations.
Track Record: Under Allison S. Johnson's leadership, 1ST SUMMIT BANCORP has focused on expanding its market share in key regions and enhancing its digital banking capabilities. She has overseen the implementation of new technologies to improve customer service and streamline operations. Johnson has also prioritized community engagement and corporate social responsibility, strengthening the bank's reputation as a trusted local partner. Key milestones include achieving consistent profitability and maintaining a strong capital position.
FSMK OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that 1ST SUMMIT BANCORP of Johnstown, Inc. may not meet the minimum financial standards or disclosure requirements for higher tiers like OTCQX or OTCQB. Companies in this tier often have limited trading volume and less stringent regulatory oversight compared to those listed on major exchanges like the NYSE or NASDAQ. Investing in companies on the OTC Other tier carries higher risks due to the potential for limited information and price volatility.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited liquidity and trading volume.
- Less stringent regulatory oversight and disclosure requirements.
- Potential for price manipulation and fraud.
- Higher risk of financial distress or bankruptcy.
- Difficulty in obtaining reliable information about the company.
- Verify the company's financial statements and disclosures.
- Assess the company's management team and corporate governance practices.
- Evaluate the company's business model and competitive landscape.
- Understand the risks associated with investing in OTC stocks.
- Consult with a financial advisor before making any investment decisions.
- Check for any regulatory actions or legal proceedings against the company.
- Review the company's history and track record.
- Long operating history since 1924.
- Presence of physical offices in multiple locations.
- Provision of regulated banking services.
- Membership in industry associations.
1ST SUMMIT BANCORP of Johnstown, Inc. Stock: Key Questions Answered
What does 1ST SUMMIT BANCORP of Johnstown, Inc. do?
1ST SUMMIT BANCORP of Johnstown, Inc. operates as a bank holding company, primarily through its subsidiary, 1ST SUMMIT BANK. The bank offers a range of financial services, including deposit accounts, loans, wealth management, and investment services. It serves individuals, families, and businesses in Cambria, Somerset, Indiana, Blair, and Westmoreland counties in Pennsylvania, focusing on providing personalized banking solutions and supporting local economic development.
What do analysts say about FSMK stock?
As of March 16, 2026, there is no readily available analyst coverage or consensus on FSMK stock due to its OTC listing and smaller market capitalization. Investors should conduct their own independent research and consider factors such as the company's financial performance, growth prospects, and risk profile before making any investment decisions. Key valuation metrics include the P/E ratio of 14.65 and the dividend yield of 4.65%.
What are the main risks for FSMK?
The main risks for 1ST SUMMIT BANCORP of Johnstown, Inc. include increased competition from larger banks and fintech companies, regulatory changes and compliance costs, economic downturns impacting loan demand and credit quality, and cybersecurity risks. As an OTC-listed company, FSMK also faces risks related to limited liquidity and transparency. Managing credit risk within its loan portfolio is also a key concern for the bank.
How does 1ST SUMMIT BANCORP of Johnstown, Inc. make money in financial services?
1ST SUMMIT BANCORP of Johnstown, Inc. generates revenue primarily through interest income earned on loans, including residential real estate, commercial mortgage, and consumer loans. The company also earns fees from wealth management, investment, and trust services, as well as service charges on deposit accounts and interchange income from credit and debit card transactions. The bank's profitability depends on its ability to efficiently manage its assets and liabilities and maintain a healthy net interest margin.
What is 1ST SUMMIT BANCORP of Johnstown, Inc.'s credit quality and risk management approach?
1ST SUMMIT BANCORP of Johnstown, Inc.'s credit quality is a critical factor in its financial performance. The bank's risk management approach involves assessing the creditworthiness of borrowers, diversifying its loan portfolio, and establishing adequate loan loss reserves. Monitoring delinquency rates, non-performing assets, and loan loss provisions is essential for maintaining a healthy balance sheet and mitigating credit risk. The bank's ability to effectively manage credit risk is crucial for sustaining profitability and stability.
What are the key factors to evaluate for FSMK?
1ST SUMMIT BANCORP of Johnstown, Inc. (FSMK) currently holds an AI score of 48/100, indicating low score. Key strength: Established presence in local markets.. Primary risk to monitor: Potential: Increased competition from larger regional and national banks.. This is not financial advice.
How frequently does FSMK data refresh on this page?
FSMK prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.
What has driven FSMK's recent stock price performance?
Recent price movement in 1ST SUMMIT BANCORP of Johnstown, Inc. (FSMK) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: Established presence in local markets.. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- OTC data may have limited reliability.
- Analyst coverage may be limited due to the company's size and OTC listing.