Evolve Bank & Trust

Evolve Bank & Trust


Overview / Commentary
870-735-6100
301 Shoppingway Boulevard
West Memphis, AR 72301

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.

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Health

Health Grade Components

Overall
FDIC Certificate #1299
Year Established1925
Employees453
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.97%
Return on Equity - YTD23.14%
Annual Interest Income$13.0MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$711.7MM$603.6MM
LoansQ2 2021vs Q2 2020$523.5MM$507.5MM
DepositsQ2 2021vs Q2 2020$508.5MM$405.8MM
Equity CapitalQ2 2021vs Q2 2020$62.1MM$48.0MM
Loan Loss AllowanceQ2 2021vs Q2 2020$7.2MM$6.6MM
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$3.7MM$5.3MM
Real Estate OwnedQ2 2021vs Q2 2020$660.00K$877.00K
Rates

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Locations


Evolve Bank & Trust Locations
Parkin Branch123 West ParkinParkin, AR 72373
Wynne Branch1690 Falls Boulevard NorthWynne, AR 72396
Evolve Bank & Trust301 Shoppingway BoulevardWest Memphis, AR 72301
Triad Branch6070 Poplar Avenue, Suite 100Memphis, TN 38119

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