Summit Bank SC13GA7 12-31-2005

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

(Rule 13d - 102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED

PURSUANT TO RULES 13d-1(b) AND (c) AND AMENDMENTS

THERETO FILED PURSUANT TO 13d-2(B)

(Amendment No. 7)^1/

Summit Bank Corporation

(Name of Issuer)

Common Stock

(Title of Class of Securities)

	866013105
	(CUSIP Number)

December 31, 2005

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o Rule 13d-1(b)

o Rule 13d-1(c)

x Rule 13d-1(d)

^1/The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP NO.

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SCHEDULE 13G

1. _______	NAME OF REPORTING PERSON: Paul C. Y. Chu
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o (b) o N/A
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF ORGANIZATION: United States of America
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH_________		5. _______	SOLE VOTING POWER 413,275
		6.	SHARED VOTING POWER 0
		7.	SOLE DISPOSITIVE POWER 413,275
		8.	SHARED DISPOSITIVE POWER 0
9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 413,275
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES o
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.3%
12.	TYPE OF REPORTING PERSON IN

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Item 1(a).

Name of Issuer:

Summit Bank Corporation

Item 1(b).

Address of Issuer's Principal Executive Offices:

4360 Chamblee Dunwoody Road

Suite 300

Atlanta, Georgia 30341

Item 2(a).

Name of Person Filing:

Paul C. Y. Chu

Item 2(b).

Address of Principal Business Office or, if None, Residence:

c/o Summit Bank Corporation

4360 Chamblee Dunwoody Road

Suite 300

Atlanta, Georgia 30341

Item 2(c).

Citizenship:

United States of America

Item 2(d).

Title of Class of Securities:

Common Stock

Item 2(e)

CUSIP Number:

866013105

Item 3.

If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is:

N/A

Item 4.

Ownership as of December 31, 2005:

(a)

Amount beneficially owned: 413,275*

(b)

Percent of class: 7.3%

(c)

Number of shares as to which such person has

(i)

sole power to vote or direct the vote: 413,275*

(ii)

shared power to vote or direct the vote: 0

(iii)

sole power to dispose or to direct the disposition of: 413,275*

(iv)

shared power to dispose or direct the disposition of: 0

_________________________

^*Includes 130,275 shares held of record by Mr. Chu, 278,000 shares held by May Foong Corporation, of which Mr. Chu is President, and 5,000 shares subject to exercisable options.

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Item 5.

Ownership of Five Percent or Less of a Class:

N/A

Item 6.

Ownership of More than Five Percent on Behalf of Another Person:

N/A

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company:

N/A

Item 8.

Identification and Classification of the Members of the Group:

N/A

Item 9.

Notice of Dissolution of Group:

N/A

Item 10.

Certification:

N/A

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

	Date:		February 14, 2006


	Signature:		/s/ Paul C. Y. Chu

	Name:		Paul C. Y. Chu

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