Overview / Commentary
EvaBank is headquartered in EVA and is the 32nd largest bank in the state of Alabama. It is also the 2,007th largest bank in the nation. It was established in 1986 and as of June of 2023, it had grown to 79 employees at 8 locations. EvaBank's CD rates are 5X the national average, and it has an A health rating.
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Reviews (1)
Need To Be Local
Posted by: Anon456 | Aug 2, 2017
They said you MUST be there in person to open any account.
Really a Regional bank, so they may consider you, but you must do so IN PERSON.
Health
A
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 26799 |
| Year Established | 1986 |
| Employees | 79 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.21% |
| Return on Equity - YTD | 7.7% |
| Annual Interest Income | $14.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $408.4MM$403.9MM |
| Loans | Q2 2023vs Q2 2022 | $302.6MM$298.2MM |
| Deposits | Q2 2023vs Q2 2022 | $269.3MM$284.8MM |
| Equity Capital | Q2 2023vs Q2 2022 | $117.7MM$111.1MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $7.3MM$6.8MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $4.3MM$5.9MM |
| Real Estate Owned | Q2 2023vs Q2 2022 | $67.00K$176.00K |