Evolve Bank & Trust is headquartered in West Memphis and is the 22nd largest bank in the state of Arkansas. It is also the 1,298th largest bank in the nation. It was established in 1925 and as of June of 2021, it had grown to 453 employees at 19 locations. Evolve Bank & Trust has an A health rating.
| Overall | |
|---|---|
| FDIC Certificate # | 1299 |
| Year Established | 1925 |
| Employees | 453 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.97% |
| Return on Equity - YTD | 23.14% |
| Annual Interest Income | $13.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2021vs Q2 2020 | $711.7MM$603.6MM |
| Loans | Q2 2021vs Q2 2020 | $523.5MM$507.5MM |
| Deposits | Q2 2021vs Q2 2020 | $508.5MM$405.8MM |
| Equity Capital | Q2 2021vs Q2 2020 | $62.1MM$48.0MM |
| Loan Loss Allowance | Q2 2021vs Q2 2020 | $7.2MM$6.6MM |
| Unbacked Noncurrent Loans | Q2 2021vs Q2 2020 | $3.7MM$5.3MM |
| Real Estate Owned | Q2 2021vs Q2 2020 | $660.00K$877.00K |
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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 |