8-K

                                   FORM 8-K
                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C.  20549


                                CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
                       Date of Report: January 16, 2001


                            SUMMIT BANCSHARES, INC.
            ------------------------------------------------------
            (Exact name of registrant as specified in its charter)


         Texas                      0-11986                  75-1694807
- ------------------------    ------------------------    ------------------------
(State of Incorporation)    (Commission File Number)    (I.R.S. Employer ID No.)


                  1300 Summit Avenue, Fort Worth, Texas 76102
                  -------------------------------------------
                   (Address of principal executive offices)


                                (817) 336-6817
             ----------------------------------------------------
             (Registrant's telephone number, including area code)


                                      N/A
        --------------------------------------------------------------
        (Former name or former address, if changed since last report.)


ITEM 1.   CHANGES IN CONTROL OF REGISTRANT
               Not Applicable

ITEM 2.   ACQUISITION OR DISPOSITION OF ASSETS
               Not Applicable

ITEM 3.   BANKRUPTCY OR RECEIVERSHIP
               Not Applicable

ITEM 4.   CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
               Not Applicable

ITEM 5.   OTHER EVENTS
               The Company issued a news release dated January 16, 2001 entitled
               Summit Bancshares Subsidiaries To Consolidate. A copy of the news
               release is attached as an exhibit.

ITEM 6.   RESIGNATIONS OF REGISTRANT'S DIRECTORS
               Not Applicable

ITEM 7.   FINANCIAL STATEMENTS AND EXHIBITS
               No financial statements or pro forma financial statements are
               required to be filed as a part of this report. The following is a
               list of exhibits filed as part of this Current Report on Form
               8-K:

Exhibit
No.            Exhibit
- -------        -------

99.1           Copy of News Release dated January 16, 2001 issued by the
               Registrant.



                                  SIGNATURES

   Pursuant to the requirements of the Securities Exchange Act of 1934, the
   Registrant has duly caused this report to be signed on its behalf by the
                    undersigned, thereunto duly authorized.

SUMMIT BANCSHARES, INC.


DATE:   January 16, 2001              By: /s/  Bob G. Scott
                                          -------------------------------------
                                          Bob G. Scott, Chief Operating Officer

EX-99.1

                                 EXHIBIT 99.1

FOR IMMEDIATE RELEASE               CONTACT:  Bob G. Scott
                                              EVP, Chief Operating Officer
                                              817.877.2660

                 SUMMIT BANCSHARES SUBSIDIARIES TO CONSOLIDATE
       Board Action, New Name Part of Strategic Plan To Grow Texas Bank

(FT. WORTH, Texas, January 16, 2001) - The Board of Directors of Summit
Bancshares, Inc. (NASDAQ: SBIT) yesterday approved consolidation of its two
banking subsidiaries, Summit National Bank and Summit Community Bank, N.A., to a
unified structure to be named Summit Bank, N.A. announced Philip E. Norwood,
chairman of the board.  The organization will apply to the Comptroller of the
Currency for prior regulatory approval of the consolidation.

     "This move comes after analysis of our strategic options and market
position and capitalizes on the collective strength of our two organizations,"
Norwood said.  "Unification of our bank charters will solidify our role in the
growing Tarrant County commercial marketplace.  The consolidation will allow us
to better invest in new technologies, branches and products that we believe will
positively impact customer service, shareholder value and employee satisfaction
for the long-term."

     As part of its strategic analysis, the company retained an independent
financial advisor to explore various long-term strategic opportunities available
to the company, including the possibility of entering into a business
combination transaction with another suitable financial institution.  After a
thorough review and analysis of various opportunities in light of the
organization's business objectives, the Board of Directors believes that
remaining independent will provide the best opportunity for delivering superior
value to the company's shareholders.  While the Board has made this
determination, it will continue to consider legitimate acquisition and future
business combination opportunities that are consistent with the company's long-
term strategy.

     "This direction provides focus and flexibility for Summit Bancshares to
deliver superior value to shareholders and favorably positions the organization
to take advantage of future acquisitions in our marketplace," Norwood said.

     As part of the internal reorganization, Jeffery M. Harp will exit his
positions with the organization in accordance with an undisclosed, but pre-
existing and approved separation agreement.

     As part of the transition to a one bank charter, Norwood, who already
serves as chairman of the board of the holding company and president of Summit
Community Bank, N.A., will serve as interim president of Summit National Bank
until the consolidation is complete.  Norwood will become President of Summit
Bancshares, Inc.

                                    -more-


ADD ONE/SUMMIT BANCSHARES, INC.

     "Our Board has set forth clear expectations for a unified market position
and continued growth," Norwood said.  "We intend to capitalize on this unified
direction to build upon our organizational synergies to drive growth in the
commercial and retail sectors.  We anticipate no other changes among our senior
and tenured managers and are confident that all of our employees will benefit
from new career path opportunities presented by the consolidation."

     Norwood said the consolidation and name change will be completed following
receipt of all necessary regulatory approvals, with the rollout of the new
positioning of Summit in the marketplace and introduction of new technologies to
be completed later this year.

     Summit Bancshares, Inc. is a community-oriented bank holding company
serving customers from five locations with full-service commercial and consumer
banking in Tarrant County, Texas.

     Certain statements contained in this press release, which are not
historical in nature, including statements regarding the company's and/or
management's intentions, strategies, beliefs, expectations, representations,
plans, projections, or predictions of the future, are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995 and
are intended to be covered by the safe harbor provisions for forward-looking
statements contained in such Act. We are including this statement for purposes
of invoking these safe harbor provisions.  Forward-looking statements are made
based on assumptions involving certain known and unknown risks and
uncertainties, many of which are beyond the company's control, and other
important factors that could cause actual results, performance or achievements
to differ materially from the expectations expressed or implied by such forward-
looking statements.  These risk factors and uncertainties are listed from time
to time in the company's filings with the Securities and Exchange Commission,
including but not limited to the annual report on Form 10-K for the year ended
December 31, 1999.

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