1ST SUMMIT BANCORP of Johnstown, Inc. (FSMK)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, 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) trades at $39.25 with AI Score 48/100 (Grade C). 1ST SUMMIT BANCORP of Johnstown, Inc. Market cap: $83.15M, Sector: Financial services.
Price live · AI analysis from Jun 14, 2026Analyst Coverage for FSMK: FSMK does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FSMK against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
FSMK: the 1 perspectives are evenly split.
How is this calculated? →1ST SUMMIT BANCORP of Johnstown, Inc. (FSMK) Financial Services Profile
1ST SUMMIT BANCORP of Johnstown, Inc. operates as a regional bank holding company, providing comprehensive financial services including deposits, diverse lending, wealth management, and insurance through 17 branches across five Pennsylvania counties. Established in 1924, it maintains a localized market position within the financial services sector, serving both retail and commercial clients.
What Is the Investment Thesis for FSMK?
1ST SUMMIT BANCORP of Johnstown, Inc. presents as an established regional financial institution with a long operating history since 1924, offering a diversified suite of banking, wealth management, and insurance services. The company's current market capitalization stands at $0.08 billion, with a P/E ratio of 11.78, reflecting its valuation within the regional banking sector. A profit margin of 9.5% and a gross margin of 56.6% indicate operational efficiency in its core financial service delivery. A notable dividend yield of 4.54% suggests a commitment to shareholder returns. Key value drivers include its entrenched local presence across five Pennsylvania counties and its comprehensive product offerings, which enable cross-selling opportunities. Growth catalysts are anticipated through the expansion of its wealth management services, deepening market penetration within its existing geographic footprint, and potential enhancements in digital banking capabilities to attract and retain a broader customer base. However, investors may want to evaluate risks such as regional economic sensitivity, interest rate fluctuations, and competitive pressures inherent in the financial services industry, alongside the specific considerations of its OTC market listing.
Based on FMP financials and quantitative analysis
FSMK Key Highlights
- Market capitalization of $83.15M, indicating its status as a smaller regional financial institution.
- Price-to-Earnings (P/E) ratio of 11.78, suggesting a valuation relative to its earnings.
- Profit Margin of 9.5%, reflecting the company's profitability from its operations.
- Gross Margin of 56.6%, indicating the efficiency of its core banking and financial service delivery before operating expenses.
- Dividend Yield of 4.54%, providing income to shareholders.
Who Are FSMK's Competitors?
FSMK is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| MCHB Mechanics Bank | $16.21 | +0.31% | 4B | 71 |
| STLE Steele Bancorp Inc. | $43.05 | -0.67% | $80.01M | 69 |
| NASB NASB Financial, Inc. | $40.30 | +0.00% | $289.22M | 68 |
| CIBEY Commercial International Bank (Egypt) S.A.E | $2.63 | +3.54% | $8.68B | 67 |
| BUSE First Busey Corporation | $29.58 | -0.25% | $2.50B | 63 |
| CVLY Codorus Valley Bancorp, Inc. | $24.04 | +4.98% | $232.28M | 63 |
| FBVI FCN Banc Corp. | $35.87 | +0.17% | $61.78M | 63 |
| LLDTF Lloyds Banking Group plc | $1.45 | +0.00% | $84.34B | 63 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FSMK's Key Strengths?
- Established regional presence with 17 branches and over 100 years of operation in Pennsylvania.
- Diversified product portfolio including deposits, various loans, wealth management, and insurance.
- Strong community ties and local market expertise in its five-county service area.
- Consistent dividend yield of 4.54% indicates shareholder return focus.
What Are FSMK's Weaknesses?
- Limited geographic reach, concentrated in five Pennsylvania counties, exposing it to regional economic fluctuations.
- Trades on the OTC market, which may result in lower liquidity and less transparency compared to major exchanges.
- Smaller market capitalization ($0.08B) compared to larger regional or national banks, potentially limiting access to capital.
- Disclosure status on OTC is 'Unknown,' which could deter some institutional investors.
What Could Drive FSMK Stock Higher?
- Potential for improved regional economic conditions in Pennsylvania, which could drive increased loan demand and deposit growth.
- Continued expansion and adoption of its wealth management and investment advisory services, contributing to non-interest income growth.
- Strategic enhancements to digital banking platforms, potentially attracting new customers and improving operational efficiency.
- Favorable shifts in the interest rate environment, which could positively impact the bank's net interest margin.
What Are the Key Risks for FSMK?
- Financial-distress signal — its Altman Z-Score of -0.73 sits in the distress zone (elevated bankruptcy risk).
- Sensitivity to regional economic downturns in Cambria, Somerset, Indiana, Blair, and Westmoreland counties, potentially impacting loan quality and demand.
- Exposure to interest rate fluctuations, which can compress net interest margins if the cost of funds rises faster than lending rates.
- Increased competition from larger financial institutions and emerging fintech companies, potentially eroding market share.
- Regulatory changes and compliance costs within the banking sector, which could impact profitability and operational flexibility.
- The 'Unknown' disclosure status on the OTC market may limit investor confidence and access to capital.
What Are the Growth Opportunities for FSMK?
- Expanding Wealth Management Services: The company offers wealth management, investment advisory, and trust administration services. There is an ongoing opportunity to expand the client base for these services within its existing five-county footprint in Pennsylvania. As demographics shift and wealth accumulates locally, demand for personalized financial planning and investment solutions is expected to grow. By leveraging its established customer relationships and local trust, 1ST SUMMIT BANCORP can increase non-interest income, which typically offers higher margins and diversifies revenue streams away from traditional interest-based lending. This growth driver focuses on deepening existing client relationships and attracting new high-net-worth individuals and businesses seeking localized, comprehensive financial guidance.
- Digital Banking Enhancement and Outreach: While operating through 17 physical branches, there is an opportunity to significantly enhance its digital banking platforms to improve customer convenience and expand its reach within its current operating counties without necessarily opening new physical locations. Investing in advanced mobile banking features, online loan applications, and digital account opening processes can attract tech-savvy customers and improve operational efficiency. This strategic move can help the bank remain competitive against larger institutions with robust digital offerings, potentially capturing a younger demographic and improving customer retention by offering seamless, accessible financial services across Cambria, Somerset, Indiana, Blair, and Westmoreland counties.
- Targeted Commercial Real Estate and Business Lending: 1ST SUMMIT BANCORP's lending portfolio includes commercial real estate and general commercial financing. As local economies in its service areas (Cambria, Somerset, Indiana, Blair, and Westmoreland counties) evolve, there is an ongoing opportunity to increase market share in targeted commercial lending. This involves identifying specific growth sectors within these counties, such as small business expansion, local development projects, or agricultural financing, and tailoring loan products to meet these needs. By leveraging local market knowledge and relationship banking, the company can secure profitable commercial loan portfolios, supporting local economic development while generating interest income.
- Deepening Penetration in Underserved Local Markets: The bank operates in five specific Pennsylvania counties. Within these counties, there may be specific towns or demographic segments that are currently underserved by financial institutions or where 1ST SUMMIT BANCORP has a lower market share. This presents an opportunity for targeted marketing campaigns, community engagement initiatives, and potentially strategic micro-branch or ATM placements to increase brand visibility and customer acquisition. By focusing on hyper-local needs and building stronger community ties, the bank can attract new deposit accounts and lending clients, thereby increasing its overall market presence and deposit base within its established geographic footprint.
- Cross-Selling and Product Bundling: With a comprehensive suite of financial solutions, including deposit accounts, various loans, wealth management, and life insurance, 1ST SUMMIT BANCORP has an ongoing opportunity to enhance cross-selling efforts. By proactively identifying existing customers who utilize only one or two services, the bank can offer bundled products that meet multiple financial needs, such as combining checking accounts with investment advisory services or residential mortgages with life insurance policies. This strategy can increase the average revenue per customer, strengthen customer loyalty, and reduce customer churn by making the bank a more central part of their financial lives, thereby maximizing the value of its existing client base.
What Opportunities Does FSMK Have?
- Expand wealth management and investment advisory services to increase non-interest income.
- Enhance digital banking capabilities to improve customer experience and operational efficiency.
- Deepen market penetration within its existing five counties through targeted marketing and community engagement.
- Increase commercial lending activities by identifying and supporting local business growth sectors.
What Threats Does FSMK Face?
- Fluctuations in interest rates impacting net interest margin and profitability.
- Intense competition from larger national banks, credit unions, and fintech companies.
- Economic downturns in its core Pennsylvania operating region affecting loan demand and credit quality.
- Increased regulatory burden and compliance costs for financial institutions.
What Are FSMK's Competitive Advantages?
- Established Local Presence: Over 100 years of operation (founded 1924) and 17 branches across five Pennsylvania counties provide deep community ties and local market knowledge.
- Diversified Service Offering: A comprehensive suite of financial products, from traditional banking to wealth management and insurance, allows for cross-selling and meeting varied customer needs.
- Relationship Banking Focus: As a regional bank, it can emphasize personalized customer service and build stronger, long-term relationships compared to larger national institutions.
- Regulatory Compliance Expertise: Long-standing operation within a regulated industry builds expertise in navigating financial regulations specific to regional banking.
What Does FSMK Do?
1ST SUMMIT BANCORP of Johnstown, Inc. serves as the parent organization for 1ST SUMMIT BANK, a financial institution with a rich history dating back to its founding in 1924. Initially operating as SUMMIT Bancorp, Inc., the corporation underwent a name change to its current designation in 1996, solidifying its identity within the regional banking landscape. Headquartered in Johnstown, Pennsylvania, the company has cultivated a strong local presence, extending its operations across Cambria, Somerset, Indiana, Blair, and Westmoreland counties through a network of 17 strategically located branch offices. The institution delivers a comprehensive suite of financial solutions designed to meet the diverse needs of its individual and commercial clientele. Its core offerings include a variety of deposit accounts, such as checking, savings, money market, and individual retirement accounts (IRAs), alongside both interest-bearing and noninterest-bearing demand and time deposits, and certificates of deposit. Beyond traditional deposit services, 1ST SUMMIT BANCORP maintains a robust lending portfolio, encompassing residential property mortgages, commercial real estate financing, general commercial loans for businesses, and various consumer financing options. Further diversifying its service array, the bank provides specialized wealth management, investment advisory, and trust administration services, catering to clients seeking sophisticated financial planning and asset management. Additionally, it issues credit and debit cards and offers life insurance policies, positioning itself as a holistic financial partner for its community. The company's business model is rooted in community banking, leveraging its deep local ties and extensive operating history to foster long-term customer relationships and contribute to regional economic development.
What Products and Services Does FSMK Offer?
- Operates as a bank holding company for 1ST SUMMIT BANK.
- Offers various deposit accounts: checking, savings, money market, IRAs, demand, time deposits, and certificates of deposit.
- Provides a diverse lending portfolio: residential property, commercial real estate, general commercial, and consumer loans.
- Delivers wealth management services, including investment advisory and trust administration.
- Issues credit and debit cards for consumer and business use.
- Offers life insurance policies to individuals and families.
- Operates a network of 17 branch locations across five counties in Pennsylvania.
How Does FSMK Make Money?
- Generates net interest income from its diverse lending portfolio, including residential, commercial, and consumer loans, by charging interest on borrowed funds.
- Earns non-interest income through fees from wealth management, investment advisory, and trust administration services.
- Obtains revenue from service charges on deposit accounts and interchange fees from credit and debit card usage.
- Manages a deposit base (checking, savings, money market, IRAs, CDs) which serves as a primary, low-cost funding source for its lending activities.
- Provides life insurance products, contributing to its diversified revenue streams and fee-based income.
What Industry Does FSMK Operate In?
1ST SUMMIT BANCORP of Johnstown, Inc. operates within the highly competitive regional banking industry, specifically serving communities across five counties in Pennsylvania. This sector is characterized by a blend of traditional branch-based services and an increasing shift towards digital platforms. Regional banks like 1ST SUMMIT BANCORP often differentiate themselves through deep local market knowledge, personalized customer service, and strong community ties, contrasting with the broader reach of national banks. Current market trends include ongoing consolidation, the imperative for technological investment to enhance digital banking capabilities, and sensitivity to interest rate environments which directly impact net interest margins. The company's position, with 17 branches and a comprehensive service offering, places it as a key local financial provider, competing with other regional banks, credit unions, and the digital offerings of larger institutions for deposits and lending opportunities within its defined geographic footprint.
Who Are FSMK's Key Customers?
- Individual consumers seeking deposit accounts, consumer loans, mortgages, and wealth management services.
- Small to medium-sized businesses requiring commercial real estate loans, general commercial financing, and business banking services.
- High-net-worth individuals and families utilizing investment advisory and trust administration services.
- Residents and businesses located within Cambria, Somerset, Indiana, Blair, and Westmoreland counties in Pennsylvania.
F-Score 5/9Financial Health
1ST SUMMIT BANCORP of Johnstown, Inc.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of -0.73 places it in the distress zone, a signal of elevated financial risk.
FSMK Valuation & Market Position
With a $83.15M market cap, 1ST SUMMIT BANCORP of Johnstown, Inc. sits in the micro-cap segment of the market. Relative to its peer group, FSMK's quantitative score of 48/100 is below the peer average of 68/100.
ROE 7%Key Financial Metrics
Return on equity for 1ST SUMMIT BANCORP of Johnstown, Inc. stands at 6.5%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.5%, showing how much profit it generates from its asset base. FSMK trades at a trailing price-to-earnings ratio of 11.99, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.01 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 8.3%, the inverse of the P/E and a quick read on earnings relative to price.
Company Profile
1ST SUMMIT BANCORP of Johnstown, Inc. operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Johnstown, US. The company is led by CEO Allison S. Johnson. FSMK has traded publicly since 2013.
FSMK Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future performance, indicating that leadership believes in upcoming growth prospects.
- Community sentiment has shifted positively, with many investors expressing optimism about the bank's strategic initiatives and customer engagement efforts.
- Positive developments in local economic conditions may enhance the bank's lending opportunities, driving potential revenue growth.
- Increased awareness of the bank's community involvement has bolstered its reputation, attracting more local customers and enhancing brand loyalty.
Bear Case
- Concerns about potential regulatory changes affecting small banks could create uncertainty around future operations and profitability.
- Some community members have voiced skepticism about the bank's ability to compete with larger institutions, which may impact market perception.
- Recent earnings reports have shown mixed results, leading to doubts about the bank's short-term financial health and operational efficiency.
- Market chatter indicates that some investors are wary of the overall economic environment, which could dampen sentiment for smaller banks like 1ST SUMMIT BANCORP.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
FSMK Latest News
No recent news available for FSMK.
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.
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
President and Chief Executive Officer
Unknown. Information regarding Allison S. Johnson's specific career history, educational background, or previous roles prior to her current position at 1ST SUMMIT BANCORP of Johnstown, Inc. is not provided in the available source data.
Track Record: Unknown. Specific achievements, strategic decisions, or company milestones directly attributable to Allison S. Johnson's leadership are not detailed in the provided information. Her role involves managing 211 employees within the organization.
FSMK OTC Market Information
The 'OTC Other' tier on the OTC market signifies that a company does not meet the disclosure or financial standards required for OTCQX or OTCQB, nor does it qualify for the Pink Open Market. Companies in this tier typically provide limited or no public financial information, making it challenging for investors to conduct thorough due diligence. Unlike stocks on major exchanges like NYSE or NASDAQ, which have stringent listing requirements for financial reporting, corporate governance, and minimum share prices, OTC Other companies operate with significantly fewer regulatory obligations regarding transparency and financial disclosure. This tier often includes companies that are distressed, defunct, or have not provided current information to OTC Markets Group.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited Disclosure: 'Unknown' disclosure status means investors lack critical financial and operational information for informed decision-making.
- Low Liquidity: Trading on OTC Other often results in thin trading volumes and wide bid-ask spreads, making it difficult to buy or sell shares efficiently.
- Price Volatility: Lack of transparency and lower trading activity can lead to greater price volatility and susceptibility to market manipulation.
- Regulatory Scrutiny: Companies in lower OTC tiers may face less regulatory oversight, potentially increasing risks related to corporate governance.
- Difficulty in Valuation: Limited financial data makes it challenging to accurately assess the company's intrinsic value and financial health.
- Verify the company's current financial statements directly from their investor relations or SEC filings (if any exist).
- Research any news or press releases from reliable sources regarding the company's operations and performance.
- Examine the company's website for investor information, annual reports, or other disclosures.
- Assess the management team's experience and track record, seeking information beyond what is publicly available on OTC Markets.
- Understand the specific risks associated with the regional banking industry and the company's geographic focus.
- Evaluate the company's capital structure and any outstanding debt obligations.
- Consult with a financial advisor experienced in OTC markets due to inherent risks.
- Established Operating History: Founded in 1924, indicating a long-standing presence and operational continuity.
- Physical Branch Network: Operates 17 physical branches across five Pennsylvania counties, suggesting tangible assets and community engagement.
- Comprehensive Financial Services: Offers a full suite of traditional banking, wealth management, and insurance products, typical of a legitimate financial institution.
- Identified CEO and Employee Count: Having a named CEO (Allison S. Johnson) and a reported employee count (211) suggests an active, managed organization.
- Specific Geographic Focus: Clearly defined operating region in Pennsylvania, indicating a focused and identifiable business model.
1ST SUMMIT BANCORP of Johnstown, Inc. Financial Services Stock: Key Questions Answered
What does 1ST SUMMIT BANCORP of Johnstown, Inc. do?
1ST SUMMIT BANCORP of Johnstown, Inc. functions as the holding company for 1ST SUMMIT BANK, providing a comprehensive range of financial services primarily within five counties in Pennsylvania. Its core business involves accepting various deposit accounts, including checking, savings, money market, and IRAs, alongside offering diverse lending products such as residential, commercial real estate, general commercial, and consumer loans. Additionally, the institution extends its services to wealth management, investment advisory, trust administration, credit/debit card issuance, and life insurance, operating through a network of 17 physical branches to serve both individual and business clients locally.
How does 1ST SUMMIT BANCORP of Johnstown, Inc. make money in financial services?
1ST SUMMIT BANCORP of Johnstown, Inc. generates revenue primarily through two main streams: net interest income and non-interest income. Net interest income is derived from the difference between the interest earned on its diverse loan portfolio—which includes residential, commercial, and consumer loans—and the interest paid on its various deposit accounts, such as checking, savings, and certificates of deposit. Non-interest income is generated through fees from its wealth management, investment advisory, and trust administration services, as well as service charges on deposit accounts, interchange fees from credit/debit card usage, and premiums from its life insurance products. This diversified approach aims to stabilize earnings across different market conditions.
What is 1ST SUMMIT BANCORP of Johnstown, Inc.'s credit quality and risk management approach?
While specific details on 1ST SUMMIT BANCORP of Johnstown, Inc.'s credit quality metrics like non-performing loan ratios or provision levels are not provided in the source data, a regional bank typically manages credit risk through a localized underwriting process. This involves assessing borrower creditworthiness, collateral valuation, and local economic conditions for its residential, commercial real estate, general commercial, and consumer loan portfolios. Risk management generally encompasses adherence to regulatory guidelines, internal credit policies, and diversification of its loan book across different segments and geographies within its five-county operating area to mitigate concentration risk. The bank's long operating history since 1924 suggests established practices for managing financial risks inherent in banking.
What are the main risks for FSMK?
FSMK faces several key risks, including its concentrated geographic exposure to economic conditions within Cambria, Somerset, Indiana, Blair, and Westmoreland counties in Pennsylvania, which could impact loan demand and asset quality during regional downturns. Fluctuations in interest rates pose an ongoing risk, potentially compressing net interest margins if the cost of funding increases faster than lending rates. The company also contends with intense competition from larger, more technologically advanced financial institutions and emerging fintech companies. Furthermore, as an OTC-listed stock with an 'Unknown' disclosure status, FSMK carries risks related to lower liquidity, potential price volatility, and limited access to comprehensive financial information for investors.
What are the key factors to evaluate for FSMK?
1ST SUMMIT BANCORP of Johnstown, Inc. (FSMK) holds an AI score of 48/100 (low). Not financial advice.
How frequently does FSMK data refresh on this page?
FSMK prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven FSMK's recent stock price performance?
1ST SUMMIT BANCORP of Johnstown, Inc. (FSMK) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Established regional presence with 17 branches and over 100 years of operation in Pennsylvania. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider FSMK overvalued or undervalued right now?
Valuing 1ST SUMMIT BANCORP of Johnstown, Inc. (FSMK) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
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.
- Information regarding CEO's background and track record is limited to what was provided in the source data, resulting in 'Unknown' for specific details.
- Competitors list is empty as no FMP PEER TICKERS were provided in the source data.
- Specific financial details like credit quality metrics (e.g., NPL ratios) beyond general margins and P/E were not provided, limiting depth in certain areas of financial analysis.
- The 'Unknown' disclosure status for OTC trading limits the ability to provide a comprehensive assessment of financial reporting availability.