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Overview / Commentary
28145 Colorado Highway 74
Evergreen, CO 80439

Evergreen National Bank is headquartered in Evergreen and is the 72nd largest bank in the state of Colorado. It is also the 4,792nd largest bank in the nation. It was established in 1981 and as of June of 2014, it had grown to 34 employees at 4 locations. Evergreen National Bank has a C health rating.

Reviews (1)

Evergreen National Bank


This is a very poor bank.   "Evergreen National" uses the local name of their community to exploit wealthier customers, while providing rude and inferior bank products and services.  In fact they frequently report old and/or conflicting information, which leads to problems.  Their systems are way behind the true "national" banks in the area, such as Chase.  

If you challenge them about purporting bad data, first they'll try to blame anyone else.  In my case, they quickly blamed a teller then shifted to their bill-pay service they offer (ownership information unavailable) and said they have nothing to do with them!  If you keep pushing they'll start assessing questionable fees for their mistakes that are impossible to dispute impartially, and they know this.

Exasperated, a letter to top management took a full 6 weeks to get a reply.  This is consistent with their terrible customer service that permeates management.  Honestly I was surprised to even get a reply.  (My next step will be DORA that regulates banks in CO.)

If you check their bank health on or elsewhere you'll find they are very below average at 2 stars out of 5.  This is a bad bank.  BEWARE.

Signed/Evergreen CO resident since 1976



Data for Q2 2014

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Evergreen National Bank has a relatively low asset base.

Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 Evergreen National Bank had $2.99 million in non-current loans and owned real-estate with $9.51 million in equity and loan loss allowances on hand to cover it. This gives Evergreen National Bank a Texas Ratio of 31.46% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Evergreen National Bank decreased slightly from 37.55% as of June 30, 2013 to 31.46% as of June 30, 2014, resulting in a positive change of 16.21%.This indicates that the balance sheet and financial strength for Evergreen National Bank has improved slightly in recent periods.

Deposit Growth


In the past year, Evergreen National Bank has decreased its total deposits by -$4.57 million, resulting in -5.03% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Evergreen National Bank has shown is below average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Evergreen National Bank has $95.42 million in assets with $9.51 million in equity, resulting in a capitalization level of 9.97%, which is above average.

Institution Statistics

FDIC Certificate #23404
Year Established1981
Primary RegulatorOCC
Assets and Liabilities
Assets$95.42 million
Loans$52.31 million
Deposits$86.39 million
Equity Capital$8.79 million
Loan Loss Allowance$721,000
Unbacked Noncurrent Loans$1.19 million
Real Estate Owned$1.80 million
Historic Data - June 2013
Assets$100.01 million
Equity Capital$8.82 million
Loan Loss Allowance$614,000
Unbacked Noncurrent Loans$1.19 million
Real Estate Owned$1.49 million
Profit Margin - Quarterly
Return on Assets-0.4%
Return on Equity-4.76%
Interest Income$1.61 million

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Evergreen National Bank Locations
Bergen Park Branch1198 Bergen ParkwayEvergreen, CO 80439
Idaho Springs Branch1546 Miner StreetIdaho Springs, CO 80452
Evergreen National Bank28145 Colorado Highway 74Evergreen, CO 80439
Georgetown Branch502 Sixth StreetGeorgetown, CO 80444