Evolve Bank & Trust is headquartered in West Memphis and is the 25th largest bank in the state of Arkansas. It is also the 1,508th largest bank in the nation. It was established in 1925 and as of March of 2020, it had grown to 356 employees at 19 locations. Evolve Bank & Trust has a B+ health rating.
| Overall | |
|---|---|
| FDIC Certificate # | 1299 |
| Year Established | 1925 |
| Employees | 356 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.74% |
| Return on Equity - YTD | 7.61% |
| Annual Interest Income | $5.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2020vs Q1 2019 | $487.0MM$478.3MM |
| Loans | Q1 2020vs Q1 2019 | $392.4MM$387.4MM |
| Deposits | Q1 2020vs Q1 2019 | $372.7MM$399.5MM |
| Equity Capital | Q1 2020vs Q1 2019 | $45.6MM$42.5MM |
| Loan Loss Allowance | Q1 2020vs Q1 2019 | $6.4MM$6.0MM |
| Unbacked Noncurrent Loans | Q1 2020vs Q1 2019 | $3.4MM$2.5MM |
| Real Estate Owned | Q1 2020vs Q1 2019 | $992.00K$3.4MM |
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| Evolve Bank & Trust Locations | ||
|---|---|---|
| Parkin Branch | 123 West Parkin | Parkin, AR 72373 |
| Wynne Branch | 1690 Falls Boulevard North | Wynne, AR 72396 |
| Evolve Bank & Trust | 301 Shoppingway Boulevard | West Memphis, AR 72301 |
| Triad Branch | 6070 Poplar Avenue, Suite 100 | Memphis, TN 38119 |