SUMMIT FINANCIAL GROUP, INC. Current Federal Tax Expense (Benefit) in USD from 2010 to Q1 2024

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 Q1 2024.
  • 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), Quarterly (USD)
Current Federal Tax Expense (Benefit), YoY Quarterly Growth (%)
Current Federal Tax Expense (Benefit), Annual (USD)
Current Federal Tax Expense (Benefit), YoY Annual Growth (%)

SUMMIT FINANCIAL GROUP, INC. Quarterly Current Federal Tax Expense (Benefit) (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $14M $4.13M +$597K +16.9% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-02
Q4 2023 $13.4M $4.15M +$574K +16% Oct 1, 2023 Dec 31, 2023 10-K 2024-03-12
Q3 2023 $12.9M $3.92M +$300K +8.29% Jul 1, 2023 Sep 30, 2023 10-Q 2023-11-07
Q2 2023 $12.6M $1.83M -$875K -32.4% Apr 1, 2023 Jun 30, 2023 10-Q 2023-08-04
Q1 2023 $13.4M $3.54M +$1.21M +52.1% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-02
Q4 2022 $12.2M $3.58M +$1.11M +44.9% Oct 1, 2022 Dec 31, 2022 10-K 2024-03-12
Q3 2022 $11.1M $3.62M +$1.27M +53.9% Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-07
Q2 2022 $9.85M $2.7M +$6K +0.22% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-04
Q1 2022 $9.84M $2.33M -$349K -13% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-10
Q4 2021 $10.2M $2.47M -$31K -1.24% Oct 1, 2021 Dec 31, 2021 10-K 2024-03-12
Q3 2021 $10.2M $2.35M -$347K -12.9% Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-04
Q2 2021 $10.6M $2.7M -$1.03M -27.6% Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-04
Q1 2021 $11.6M $2.68M +$1.41M +111% Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-06
Q4 2020 $10.2M $2.5M +$736K +41.7% Oct 1, 2020 Dec 31, 2020 10-K 2023-03-10
Q3 2020 $9.45M $2.7M +$1.03M +61.9% Jul 1, 2020 Sep 30, 2020 10-Q 2021-11-04
Q2 2020 $8.42M $3.72M +$2.13M +133% Apr 1, 2020 Jun 30, 2020 10-Q 2021-08-05
Q1 2020 $6.3M $1.27M -$381K -23.1% Jan 1, 2020 Mar 31, 2020 10-Q 2021-05-06
Q4 2019 $6.68M $1.76M -$9K -0.51% Oct 1, 2019 Dec 31, 2019 10-K 2022-03-04
Q3 2019 $6.69M $1.67M +$256K +18.2% Jul 1, 2019 Sep 30, 2019 10-Q 2020-11-05
Q2 2019 $6.43M $1.6M +$132K +9.02% Apr 1, 2019 Jun 30, 2019 10-Q 2020-08-07
Q1 2019 $6.3M $1.65M -$103K -5.88% Jan 1, 2019 Mar 31, 2019 10-Q 2020-05-08
Q4 2018 $6.4M $1.77M -$4K -0.23% Oct 1, 2018 Dec 31, 2018 10-K 2021-03-11
Q3 2018 $6.4M $1.41M -$1.03M -42.1% Jul 1, 2018 Sep 30, 2018 10-Q 2019-11-07
Q2 2018 $7.43M $1.46M +$2.76M Apr 1, 2018 Jun 30, 2018 10-Q 2019-08-02
Q1 2018 $4.67M $1.75M -$425K -19.5% Jan 1, 2018 Mar 31, 2018 10-Q 2019-05-06
Q4 2017 $5.09M $1.78M Oct 1, 2017 Dec 31, 2017 10-K 2020-03-06
Q3 2017 $2.44M +$444K +22.3% Jul 1, 2017 Sep 30, 2017 10-Q 2018-11-02
Q2 2017 -$1.3M Apr 1, 2017 Jun 30, 2017 10-Q 2018-08-07
Q1 2017 $2.18M Jan 1, 2017 Mar 31, 2017 10-Q 2018-05-09
Q3 2016 $1.99M Jul 1, 2016 Sep 30, 2016 10-Q 2017-11-03

SUMMIT FINANCIAL GROUP, INC. Annual Current Federal Tax Expense (Benefit) (USD)

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.