Evolve Bank & Trust Mortgage Rates, Fees & Info

West Memphis, AR

LEI: 549300IRXW9RSZM2B951

Tax ID: 71-0057070

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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    • Review & Overview

    Evolve Bank & Trust is a smaller bank specializing in Home Purchase loans. Evolve Bank & Trust has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: New York, Philadelphia, Memphis, Tampa, and Boston among others. We have data for 197 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Evolve Bank & Trust has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Evolve Bank & Trust is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.43% 12/16/24
    30 Year Conventional Refi 6.47% 12/16/24
    30 Year Cash-out Refi 6.64% 12/16/24
    30 Year FHA Purchase 7.47% 12/16/24
    30 Year FHA Refi 7.41% 12/16/24
    30 Year VA Purchase 6.34% 12/16/24
    30 Year VA Refi 6.46% 12/16/24
    30 Year USDA Purchase 6.83% 12/16/24
    15 Year Conventional Purchase 5.40% 12/16/24
    15 Year Conventional Refi 6.07% 12/16/24
    15 Year Cash-out Refi 6.07% 12/16/24
    15 Year FHA Purchase 6.09% 12/16/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Evolve Bank & Trust Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Evolve Bank & Trust. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    2,330

    Origination Dollar Volume (All Markets)

    $567,400,000

    Employee count

    334

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 173 $60,795,000 $351,416 $9,180 4.34%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 202 $45,050,000 $223,020 $6,741 4.50%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 219 $41,195,000 $188,105 $5,140 4.47%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 173 $39,405,000 $227,775 $5,467 4.29%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 95 $33,005,000 $347,421 $6,846 4.34%
    WORCESTER, MA-CT (FHA|USDA|VA) 119 $27,935,000 $234,748 $5,440 4.35%
    COLUMBUS, OH (FHA|USDA|VA) 132 $26,740,000 $202,576 $4,666 4.36%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 112 $25,400,000 $226,786 $5,186 4.49%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 65 $20,665,000 $317,923 $9,552 4.25%
    JONESBORO, AR (FHA|USDA|VA) 87 $16,445,000 $189,023 $3,941 4.81%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 59 $16,145,000 $273,644 $4,534 4.35%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 51 $13,425,000 $263,235 $7,471 4.52%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 40 $13,400,000 $335,000 $8,569 4.27%
    SALISBURY, MD-DE (FHA|USDA|VA) 41 $11,385,000 $277,683 $7,731 4.26%
    Outside of Metro Areas 60 $9,440,000 $157,333 $4,907 4.60%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 34 $8,850,000 $260,294 $7,400 4.80%
    DOVER, DE (FHA|USDA|VA) 32 $8,650,000 $270,313 $8,020 4.29%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 21 $7,355,000 $350,238 $5,423 4.21%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 28 $6,290,000 $224,643 $6,739 4.40%
    MIDLAND, TX (FHA|USDA|VA) 16 $4,780,000 $298,750 $6,082 4.19%
    RALEIGH-CARY, NC (FHA|USDA|VA) 15 $4,265,000 $284,333 $5,257 4.39%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 7 $4,145,000 $592,143 $5,254 4.29%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 19 $4,045,000 $212,895 $6,554 4.28%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 25 $3,905,000 $156,200 $6,497 4.02%
    SPRINGFIELD, MA (FHA|USDA|VA) 19 $3,625,000 $190,789 $4,928 4.34%
    URBAN HONOLULU, HI (FHA|USDA|VA) 6 $3,620,000 $603,333 $12,030 3.73%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 14 $3,470,000 $247,857 $5,040 4.45%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 10 $2,990,000 $299,000 $4,511 4.45%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 20 $2,820,000 $141,000 $4,295 4.99%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 9 $2,665,000 $296,111 $5,288 4.10%
    TUCSON, AZ (FHA|USDA|VA) 9 $2,415,000 $268,333 $4,872 4.00%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 16 $2,260,000 $141,250 $4,553 4.74%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 6 $2,260,000 $376,667 $5,542 3.79%
    Torrington, CT (FHA|USDA|VA) 9 $2,255,000 $250,556 $6,727 4.26%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 7 $2,195,000 $313,571 $4,224 4.41%
    Paragould, AR (FHA|USDA|VA) 13 $2,175,000 $167,308 $4,346 4.94%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 6 $2,050,000 $341,667 $5,170 4.13%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 5 $2,045,000 $409,000 $8,593 3.90%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 10 $2,000,000 $200,000 $4,556 4.39%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 10 $1,990,000 $199,000 $4,325 4.70%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 7 $1,975,000 $282,143 $5,698 4.36%
    Batesville, AR (FHA|USDA|VA) 11 $1,835,000 $166,818 $3,454 5.11%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 8 $1,650,000 $206,250 $6,898 4.09%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 4 $1,560,000 $390,000 $3,826 4.09%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 3 $1,465,000 $488,333 $6,387 4.08%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 7 $1,375,000 $196,429 $5,424 4.99%
    SALT LAKE CITY, UT (FHA|USDA|VA) 5 $1,325,000 $265,000 $5,449 3.70%
    TULSA, OK (FHA|USDA|VA) 8 $1,310,000 $163,750 $6,105 4.63%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 3 $1,275,000 $425,000 $8,632 3.88%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 7 $1,265,000 $180,714 $5,342 4.29%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 10 $1,190,000 $119,000 $5,139 3.79%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 5 $1,185,000 $237,000 $3,353 4.75%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 2 $1,180,000 $590,000 $3,329 4.13%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 3 $1,165,000 $388,333 $12,246 3.96%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 5 $1,145,000 $229,000 $5,992 4.60%
    PROVO-OREM, UT (FHA|USDA|VA) 4 $1,140,000 $285,000 $5,614 3.94%
    LONGVIEW, TX (FHA|USDA|VA) 7 $1,095,000 $156,429 $5,249 4.45%
    JACKSON, TN (FHA|USDA|VA) 5 $1,095,000 $219,000 $7,606 4.70%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 4 $1,060,000 $265,000 $2,562 3.41%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 5 $1,055,000 $211,000 $6,231 4.15%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 3 $1,035,000 $345,000 $10,983 4.13%
    RICHMOND, VA (FHA|USDA|VA) 3 $1,015,000 $338,333 $9,759 4.17%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $990,000 $495,000 $14,460 3.75%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 5 $955,000 $191,000 $3,043 3.93%
    JACKSONVILLE, FL (FHA|USDA|VA) 5 $955,000 $191,000 $5,582 5.50%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 2 $910,000 $455,000 $10,621 4.62%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 4 $870,000 $217,500 $6,317 4.22%
    WINSTON-SALEM, NC (FHA|USDA|VA) 6 $840,000 $140,000 $5,979 4.75%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 3 $835,000 $278,333 $4,821 4.63%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 4 $830,000 $207,500 $5,857 4.31%
    PITTSBURGH, PA (FHA|USDA|VA) 4 $790,000 $197,500 $4,405 4.06%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 2 $790,000 $395,000 $1,045 5.00%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 3 $775,000 $258,333 $2,472 4.37%
    COLUMBIA, SC (FHA|USDA|VA) 5 $755,000 $151,000 $4,666 4.35%
    Granbury, TX (FHA|USDA|VA) 2 $700,000 $350,000 $6,537 4.50%
    MERCED, CA (FHA|USDA|VA) 2 $640,000 $320,000 $2,914 4.56%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $630,000 $315,000 $5,994 4.44%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 2 $630,000 $315,000 $8,780 4.50%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3 $575,000 $191,667 $4,204 4.83%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $550,000 $275,000 $6,710 3.69%
    Heber, UT (FHA|USDA|VA) 1 $545,000 $545,000 $13,622 3.50%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $545,000 $545,000 $13,555 3.00%
    WILMINGTON, NC (FHA|USDA|VA) 2 $530,000 $265,000 $8,343 5.19%
    Blytheville, AR (FHA|USDA|VA) 5 $525,000 $105,000 $4,449 5.95%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 4 $520,000 $130,000 $3,396 4.56%
    SPRINGFIELD, OH (FHA|USDA|VA) 5 $515,000 $103,000 $5,831 4.78%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $500,000 $250,000 $3,806 4.25%
    Vineyard Haven, MA (FHA|USDA|VA) 1 $485,000 $485,000 $5,279 4.88%
    Key West, FL (FHA|USDA|VA) 1 $485,000 $485,000 $3,104 4.88%
    Prineville, OR (FHA|USDA|VA) 1 $485,000 $485,000 $1,637 4.13%
    PINE BLUFF, AR (FHA|USDA|VA) 1 $485,000 $485,000 $0 5.25%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 2 $480,000 $240,000 $5,715 4.75%
    THE VILLAGES, FL (FHA|USDA|VA) 1 $475,000 $475,000 $5,129 3.63%
    JACKSON, MS (FHA|USDA|VA) 1 $475,000 $475,000 $3,785 4.13%
    AMARILLO, TX (FHA|USDA|VA) 2 $470,000 $235,000 $8,167 3.75%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $465,000 $465,000 $25,504 3.25%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $460,000 $230,000 $10,945 5.13%
    PUNTA GORDA, FL (FHA|USDA|VA) 2 $460,000 $230,000 $3,071 4.63%
    SAVANNAH, GA (FHA|USDA|VA) 2 $430,000 $215,000 $5,286 4.63%
    Keene, NH (FHA|USDA|VA) 3 $425,000 $141,667 $2,217 4.71%
    Tupelo, MS (FHA|USDA|VA) 2 $420,000 $210,000 $4,711 4.12%
    HATTIESBURG, MS (FHA|USDA|VA) 1 $415,000 $415,000 $3,228 4.50%
    MISSOULA, MT (FHA|USDA|VA) 1 $415,000 $415,000 $2,420 4.13%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $415,000 $415,000 $5,939 4.38%
    LEBANON, PA (FHA|USDA|VA) 2 $410,000 $205,000 $6,151 4.38%
    DECATUR, AL (FHA|USDA|VA) 1 $405,000 $405,000 $22,459 3.25%
    ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $395,000 $395,000 $12,695 2.75%
    Bellefontaine, OH (FHA|USDA|VA) 2 $390,000 $195,000 $5,322 3.56%
    FLORENCE, SC (FHA|USDA|VA) 4 $390,000 $97,500 $4,715 4.22%
    BELLINGHAM, WA (FHA|USDA|VA) 1 $385,000 $385,000 $10,508 3.50%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $380,000 $190,000 $3,815 4.06%
    AKRON, OH (FHA|USDA|VA) 2 $350,000 $175,000 $6,896 4.25%
    FAIRBANKS, AK (FHA|USDA|VA) 1 $345,000 $345,000 $11,068 3.75%
    LONGVIEW, WA (FHA|USDA|VA) 1 $345,000 $345,000 $2,045 4.12%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $335,000 $335,000 $4,351 3.63%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $335,000 $335,000 $11,142 4.13%
    SPARTANBURG, SC (FHA|USDA|VA) 2 $330,000 $165,000 $4,587 4.31%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $325,000 $325,000 $2,517 5.88%
    KINGSTON, NY (FHA|USDA|VA) 1 $315,000 $315,000 $109,660 4.63%
    Fort Leonard Wood, MO (FHA|USDA|VA) 1 $315,000 $315,000 $9,371 4.13%
    ST. GEORGE, UT (FHA|USDA|VA) 1 $315,000 $315,000 $3,394 4.50%
    Mount Vernon, OH (FHA|USDA|VA) 2 $310,000 $155,000 $3,845 4.31%
    Outside of Metro Areas 1 $305,000 $305,000 $9,056 3.13%
    Brownsville, TN (FHA|USDA|VA) 1 $305,000 $305,000 $8,632 3.50%
    MONTGOMERY, AL (FHA|USDA|VA) 2 $300,000 $150,000 $4,048 3.75%
    Urbana, OH (FHA|USDA|VA) 2 $300,000 $150,000 $6,569 3.93%
    APPLETON, WI (FHA|USDA|VA) 1 $295,000 $295,000 $620 4.38%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $295,000 $295,000 $3,520 3.88%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 1 $295,000 $295,000 $6,073 5.13%
    YUMA, AZ (FHA|USDA|VA) 1 $285,000 $285,000 $7,209 3.63%
    FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $285,000 $285,000 $6,225 3.75%
    PITTSFIELD, MA (FHA|USDA|VA) 2 $280,000 $140,000 $4,682 4.19%
    Whitewater, WI (FHA|USDA|VA) 2 $280,000 $140,000 $4,244 4.63%
    Ashland, OH (FHA|USDA|VA) 2 $280,000 $140,000 $5,528 4.06%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $275,000 $275,000 $5,204 3.13%
    Wilson, NC (FHA|USDA|VA) 1 $275,000 $275,000 $8,740 5.13%
    Lebanon, NH-VT (FHA|USDA|VA) 1 $275,000 $275,000 $3,167 4.38%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 2 $270,000 $135,000 $6,218 5.25%
    LAS CRUCES, NM (FHA|USDA|VA) 2 $270,000 $135,000 $2,744 5.19%
    UTICA-ROME, NY (FHA|USDA|VA) 1 $265,000 $265,000 $4,334 4.12%
    Show Low, AZ (FHA|USDA|VA) 1 $255,000 $255,000 $4,231 4.13%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $255,000 $255,000 $4,243 3.63%
    Easton, MD (FHA|USDA|VA) 1 $255,000 $255,000 $6,175 4.38%
    TYLER, TX (FHA|USDA|VA) 1 $245,000 $245,000 $4,459 3.13%
    ROME, GA (FHA|USDA|VA) 2 $230,000 $115,000 $4,753 4.69%
    Hudson, NY (FHA|USDA|VA) 1 $225,000 $225,000 $7,681 4.38%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $220,000 $110,000 $5,958 4.56%
    Forrest City, AR (FHA|USDA|VA) 2 $220,000 $110,000 $2,660 4.13%
    MANSFIELD, OH (FHA|USDA|VA) 1 $215,000 $215,000 $6,979 4.50%
    Bennettsville, SC (FHA|USDA|VA) 2 $210,000 $105,000 $5,240 4.56%
    SANTA FE, NM (FHA|USDA|VA) 1 $205,000 $205,000 $4,666 3.38%
    JACKSONVILLE, NC (FHA|USDA|VA) 1 $195,000 $195,000 $2,325 4.25%
    LANCASTER, PA (FHA|USDA|VA) 1 $195,000 $195,000 $2,647 5.63%
    DULUTH, MN-WI (FHA|USDA|VA) 1 $195,000 $195,000 $9,184 3.75%
    GAINESVILLE, GA (FHA|USDA|VA) 1 $185,000 $185,000 $3,617 4.63%
    Georgetown, SC (FHA|USDA|VA) 1 $185,000 $185,000 $4,076 3.88%
    FAYETTEVILLE, NC (FHA|USDA|VA) 1 $185,000 $185,000 $3,580 4.25%
    Augusta-Waterville, ME (FHA|USDA|VA) 1 $185,000 $185,000 $3,317 4.50%
    Warren, PA (FHA|USDA|VA) 1 $165,000 $165,000 $6,827 4.13%
    Zanesville, OH (FHA|USDA|VA) 1 $165,000 $165,000 $4,850 3.63%
    Calhoun, GA (FHA|USDA|VA) 1 $165,000 $165,000 $5,108 5.13%
    HINESVILLE, GA (FHA|USDA|VA) 1 $165,000 $165,000 $7,441 4.13%
    Chillicothe, OH (FHA|USDA|VA) 1 $165,000 $165,000 $5,796 4.00%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $155,000 $155,000 $0 4.75%
    TOLEDO, OH (FHA|USDA|VA) 1 $145,000 $145,000 $4,258 3.38%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $145,000 $145,000 $3,586 4.88%
    COLUMBIA, MO (FHA|USDA|VA) 1 $145,000 $145,000 $4,909 3.88%
    Andrews, TX (FHA|USDA|VA) 1 $145,000 $145,000 $5,113 4.00%
    ODESSA, TX (FHA|USDA|VA) 1 $145,000 $145,000 $4,364 3.99%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $145,000 $145,000 $6,151 4.00%
    Danville, VA (FHA|USDA|VA) 1 $145,000 $145,000 $0 5.50%
    BRUNSWICK, GA (FHA|USDA|VA) 1 $135,000 $135,000 $2,525 3.63%
    Greenwood, SC (FHA|USDA|VA) 1 $135,000 $135,000 $5,588 4.50%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $135,000 $135,000 $4,116 4.88%
    Rockingham, NC (FHA|USDA|VA) 2 $130,000 $65,000 $3,697 4.31%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $125,000 $125,000 $3,138 4.00%
    ROCKY MOUNT, NC (FHA|USDA|VA) 1 $115,000 $115,000 $7,120 5.13%
    FORT SMITH, AR-OK (FHA|USDA|VA) 1 $115,000 $115,000 $4,370 4.63%
    JACKSON, MI (FHA|USDA|VA) 1 $115,000 $115,000 $7,002 4.25%
    WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $115,000 $115,000 $2,334 4.50%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 1 $115,000 $115,000 $5,972 4.75%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $115,000 $115,000 $4,652 3.75%
    Poplar Bluff, MO (FHA|USDA|VA) 1 $115,000 $115,000 $2,613 4.13%
    Orangeburg, SC (FHA|USDA|VA) 1 $115,000 $115,000 $9,056 5.63%
    Rutland, VT (FHA|USDA|VA) 1 $105,000 $105,000 $4,782 3.88%
    Stillwater, OK (FHA|USDA|VA) 1 $105,000 $105,000 $3,766 4.88%
    NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $105,000 $105,000 $500 3.75%
    Barre, VT (FHA|USDA|VA) 1 $105,000 $105,000 $2,928 4.13%
    Grenada, MS (FHA|USDA|VA) 1 $95,000 $95,000 $3,578 4.63%
    Marion, OH (FHA|USDA|VA) 1 $95,000 $95,000 $4,863 3.75%
    WARNER ROBINS, GA (FHA|USDA|VA) 1 $85,000 $85,000 $4,052 4.00%
    Meadville, PA (FHA|USDA|VA) 1 $85,000 $85,000 $5,238 4.13%
    Washington, NC (FHA|USDA|VA) 1 $65,000 $65,000 $2,751 4.25%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $65,000 $65,000 $4,609 5.25%
    BLOOMINGTON, IL (FHA|USDA|VA) 1 $55,000 $55,000 $2,776 4.13%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $55,000 $55,000 $3,491 5.13%
    Paris, TN (FHA|USDA|VA) 1 $45,000 $45,000 $2,959 5.63%
    Evolve Bank & Trust's top markets include New York, Philadelphia, Memphis, Tampa, and Boston among others.

    Their top states include:
  • Florida (FHA|USDA|VA)
  • Massachusetts (FHA|USDA|VA)
  • Delaware (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,400 $343,860,000 $245,614 $5,095 4.42%
    FHA 667 $151,535,000 $227,189 $8,079 4.49%
    VA 195 $60,465,000 $310,077 $7,014 4.06%
    USDA 68 $11,540,000 $169,706 $5,149 4.34%

    For 2019, Evolve Bank & Trust's most frequently originated type of loan was Conventional, with 1,400 originations. Their 2nd most popular type was FHA, with 667 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,691 $388,195,000 $229,565 $6,317 4.46%
    Refi 387 $110,075,000 $284,432 $5,223 4.12%
    Cash Out Refi 240 $65,930,000 $274,708 $6,563 4.46%
    Other 7 $2,105,000 $300,714 $3,448 4.88%
    Home Improvement 5 $1,095,000 $219,000 $6,884 4.85%

    For 2019, Evolve Bank & Trust's most frequently cited loan purpose was Home Purchase, with 1,691 originations. The 2nd most popular reason was Refi, with 387 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,103 $523,965,000 $249,151 $6,292 4.38%
    15 Year 85 $19,565,000 $230,176 $4,134 3.73%
    5 Year 60 $8,310,000 $138,500 $0 5.86%
    20 Year 34 $9,020,000 $265,294 $4,562 4.20%
    Other 31 $5,745,000 $185,323 $3,510 5.09%
    10 Year 14 $270,000 $19,286 $2,132 4.97%
    1 Year 3 $525,000 $175,000 $0 5.84%

    For 2019, Evolve Bank & Trust's most frequently cited loan duration was 30 Year, with 2,103 originations. The 2nd most popular length was 15 Year, with 85 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 960 $221,000,000 $230,208
    $<1k 552 $147,200,000 $266,667
    $2k-3k 329 $72,715,000 $221,018
    $3k-4k 160 $40,730,000 $254,563
    $5k+ 140 $50,570,000 $361,214
    $4k-5k 87 $24,405,000 $280,517

    Evolve Bank & Trust's average total fees were $6,292, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 960 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 1,192 $290,220,000 $243,473
    3-4% 733 $201,865,000 $275,396
    5-6% 330 $66,830,000 $202,515
    6-7% 36 $4,310,000 $119,722
    <2.5% 22 $180,000 $8,182
    2.5-3% 10 $3,940,000 $394,000
    7-8% 7 $55,000 $7,857

    During 2019, Evolve Bank & Trust's average interest rate for loans was 4.38%, while their most frequently originated rate bucket for loans was 4-5%, with 1,192 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,111 $310,535,000 $279,509 $6,955 4.33%
    $100k-200k 752 $116,130,000 $154,428 $4,816 4.52%
    $400k-600k 229 $106,835,000 $466,528 $7,402 4.19%
    $100,000 or less 209 $12,705,000 $60,789 $3,700 4.66%
    $600k-1MM 27 $18,755,000 $694,630 $10,998 4.39%
    $1MM+ 2 $2,440,000 $1,220,000 $7,662 4.13%

    2019 saw Evolve Bank & Trust place emphasis on $200k-400k loans with 1,111 originations, totaling $310,535,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 593 $119,985,000 $202,336 $5,810 4.43%
    $50k or less 467 $72,785,000 $155,857 $5,149 4.41%
    $75k-100k 444 $112,720,000 $253,874 $6,550 4.37%
    $100k-150k 402 $120,830,000 $300,572 $7,390 4.32%
    $150k-250k 236 $84,750,000 $359,110 $6,617 4.35%
    $250k+ 75 $32,315,000 $430,867 $5,650 4.36%

    Evolve Bank & Trust lent most frequently to those with incomes in the $50k-75k range, with 593 originations. The second most popular income band? $50k or less, with 467 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 354 $87,730,000 $247,825 $5,925 4.31%
    20-30% 340 $86,500,000 $254,412 $5,208 4.27%
    50-60% 225 $53,955,000 $239,800 $8,417 4.27%
    44% 126 $30,750,000 $244,048 $6,665 4.51%
    43% 106 $27,600,000 $260,377 $7,380 4.38%
    42% 97 $22,575,000 $232,732 $5,372 4.63%
    49% 95 $25,935,000 $273,000 $6,708 4.42%
    40% 94 $20,650,000 $219,681 $5,957 4.56%
    39% 84 $20,080,000 $239,048 $6,265 4.51%
    41% 83 $20,745,000 $249,940 $6,490 4.54%
    <20% 82 $17,730,000 $216,220 $5,183 4.44%
    47% 79 $19,275,000 $243,987 $6,532 4.52%
    38% 75 $16,375,000 $218,333 $5,186 4.40%
    37% 71 $17,705,000 $249,366 $5,925 4.44%
    45% 70 $16,280,000 $232,571 $5,755 4.35%
    36% 70 $16,300,000 $232,857 $5,858 4.42%
    48% 65 $17,355,000 $267,000 $6,612 4.33%
    46% 61 $14,995,000 $245,820 $6,099 4.38%
    >60% 4 $810,000 $202,500 $6,666 6.00%

    Evolve Bank & Trust lent most frequently to those with DTI ratios of 30-36%, with 354 originations. The next most common DTI ratio? 20-30%, with 340 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,802 $447,470,000 $248,319 $5,959 4.36%
    Black 380 $85,510,000 $225,026 $6,966 4.46%
    Asian 66 $18,980,000 $287,576 $6,633 4.38%
    Not provided 31 $7,395,000 $238,548 $6,909 4.44%
    Not applicable 40 $5,310,000 $132,750 $0 5.94%
    American Indian 5 $1,325,000 $265,000 $9,258 4.05%
    Native Hawaiian or Islander 3 $685,000 $228,333 $5,479 4.54%
    Asian Indian 2 $500,000 $250,000 $175 5.24%
    Other Asian 1 $225,000 $225,000 $4,531 4.38%

    Approval Rates

    Total approvals of all applications
    87.12%

    Evolve Bank & Trust has an average approval rate.

    Pick Rate

    Approvals leading to origination
    74.33%

    Evolve Bank & Trust has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,330 $567,400,000 $243,519

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 8 $790,000 $98,750
    Single Family (1-4 Units):Site-Built 2,322 $566,610,000 $244,018

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 26 $5,980,000 $230,000 $4,494 4.50%
    40-60% 97 $23,635,000 $243,660 $4,119 4.30%
    60-80% 502 $125,330,000 $249,661 $4,778 4.50%
    80-100% 1,617 $395,405,000 $244,530 $6,554 4.42%
    Over 100% 54 $16,610,000 $307,593 $12,997 4.48%
    Under 20% 34 $440,000 $12,941 $1,242 2.66%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Evolve Bank & Trust 123 West Parkin Parkin, AR 72373 Full Service B&M $12,572
    Evolve Bank & Trust 1690 Falls Boulevard North Wynne, AR 72396 Full Service B&M $31,326
    Evolve Bank & Trust 301 Shoppingway Boulevard West Memphis, AR 72301 Full Service B&M $61,520
    Evolve Bank & Trust 6070 Poplar Avenue, Suite 100 Memphis, TN 38119 Full Service B&M $316,346

    For 2019, Evolve Bank & Trust had 4 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $24,240
    Net interest income $19,496
    Total noninterest income $43,542
    Gross Fiduciary activities income $6,043
    Service charges on deposit accounts $6,928
    Trading account gains and fees $0
    Additional Noninterest Income $30,571
    Pre-tax net operating income $6,457
    Securities gains (or losses, -) $0
    Income before extraordinary items $4,697
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $4,697
    Minority interest net income $0
    Net income $4,697
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $4,697

    Evolve Bank & Trust's gross interest income from loans was $24,240,000.
    Evolve Bank & Trust's net interest income from loans was $19,496,000.
    Evolve Bank & Trust's fee based income from loans was $6,928,000.
    Evolve Bank & Trust's net income from loans was $4,697,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $4,744
    Provision for credit losses $945
    Total noninterest expense $55,636
    Salaries and employee benefits $36,387
    Premises and equipment expense $3,856
    Additional noninterest expense $15,393
    Applicable income taxes $1,760
    Net charge-offs $778
    Cash dividends $2,030

    Evolve Bank & Trust's interest expense for loans was $4,744,000.
    Evolve Bank & Trust's payroll and benefits expense were $36,387,000.
    Evolve Bank & Trust's property, plant and equipment expenses $3,856,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 2.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $373,643
    Deposits held in domestic offices $373,643
    Deposits by Individuals, partnerships, and corporations $360,399
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $7,039
    Deposits by Commercial banks and other depository institutions in U.S. $6,205
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $224,620
    Demand deposits $186,882
    Nontransaction accounts $149,023
    Money market deposit accounts (MMDAs) $45,970
    Other savings deposits (excluding MMDAs) $6,051
    Total time deposits $97,002
    Total time and savings deposits $186,761
    Noninterest-bearing deposits $186,882
    Interest-bearing deposits $186,761
    Retail deposits $349,713
    IRAs and Keogh plan accounts $9,169
    Brokered deposits $12,020
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $451,290
    Cash & Balances due from depository institutions $31,373
    Interest-bearing balances $9,939
    Total securities $9,804
    Federal funds sold & reverse repurchase $0
    Net loans and leases $382,928
    Loan and leases loss allowance $6,345
    Trading account assets $0
    Bank premises and fixed assets $5,710
    Other real estate owned $666
    Goodwill and other intangibles $5,253
    All other assets $15,556

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $451,290
    Total Liabilities $405,721
    Total deposits $373,643
    Interest-bearing deposits $186,761
    Deposits held in domestic offices $373,643
    % insured (estimated) $49
    Federal funds purchased and repurchase agreements $301
    Trading liabilities $0
    Other borrowed funds $15,000
    Subordinated debt $0
    All other liabilities $16,777

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $382,928
    Loan and leases loss allowance $6,345
    Total loans and leases (domestic) $389,273
    All real estate loans $289,730
    Real estate loans in domestic offices $289,730
    Construction and development loans $28,093
    Residential 1-4 family construction $11,746
    Other construction, all land development and other land $16,347
    Loans secured by nonfarm nonresidential properties $124,963
    Nonfarm nonresidential secured by owner-occupied properties $94,335
    Commercial real estate & other non-farm, non-residential $30,628
    Multifamily residential real estate $16,377
    1-4 family residential loans $115,531
    Farmland loans $4,766
    Loans held in foreign offices $0
    Farm loans $1,466
    Commercial and industrial loans $93,118
    To non-U.S. addressees $0
    Loans to individuals $3,398
    Credit card loans $0
    Related Plans $1,550
    Consumer Auto Loans $739
    Other loans to individuals $1,109
    All other loans & leases $1,561
    Loans to foreign governments and official institutions $0
    Other loans $652
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $1,152
    Non 1-4 family restructured loans & leases $1,152
    Total loans and leases (foreign) $0

    Evolve Bank & Trust had $382,928,000 of loans outstanding in 2019. $289,730,000 of loans were in real estate loans. $28,093,000 of loans were in development loans. $16,377,000 of loans were in multifamily mortgage loans. $115,531,000 of loans were in 1-4 family mortgage loans. $1,466,000 of loans were in farm loans. $0 of loans were in credit card loans. $739,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 288 $78,136 $271,306
    Nonfarm, nonresidential loans - <$100k 64 $3,785 $59,141
    Nonfarm, nonresidential loans - $100-250k 100 $14,877 $148,770
    Nonfarm, nonresidential loans - $250k-1MM 124 $59,474 $479,629
    Commercial & Industrial, US addressed loans - <$1MM 753 $60,935 $80,923
    Commercial & Industrial, US addressed loans - <$100k 419 $11,922 $28,453
    Commercial & Industrial, US addressed loans - $100-250k 235 $20,560 $87,489
    Commercial & Industrial, US addressed loans - $250k-1MM 99 $28,453 $287,404
    Farmland loans - <$1MM 11 $1,464 $133,091
    Farmland loans - <$100k 6 $132 $22,000
    Farmland loans - $100-250k 2 $330 $165,000
    Farmland loans - $250k-1MM 3 $1,002 $334,000
    Agriculture operations loans - <$1MM 4 $407 $101,750
    Agriculture operations loans - <$100k 1 $34 $34,000
    Agriculture operations loans - $100-250k 2 $49 $24,500
    Agriculture operations loans - $250k-1MM 1 $324 $324,000