Evolve Bank & Trust Mortgage Rates, Fees & Info
West Memphis, ARLEI: 549300IRXW9RSZM2B951
Tax ID: 71-0057070
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Bank Data
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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.43% | 4/21/24 |
| 30 Year Conventional Refi | 6.47% | 4/21/24 |
| 30 Year Cash-out Refi | 6.64% | 4/21/24 |
| 30 Year FHA Purchase | 7.47% | 4/21/24 |
| 30 Year FHA Refi | 7.41% | 4/21/24 |
| 30 Year VA Purchase | 6.34% | 4/21/24 |
| 30 Year VA Refi | 6.46% | 4/21/24 |
| 30 Year USDA Purchase | 6.83% | 4/21/24 |
| 15 Year Conventional Purchase | 5.40% | 4/21/24 |
| 15 Year Conventional Refi | 6.07% | 4/21/24 |
| 15 Year Cash-out Refi | 6.07% | 4/21/24 |
| 15 Year FHA Purchase | 6.09% | 4/21/24 |
| 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
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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
2,330Origination Dollar Volume (All Markets)
$567,400,000Employee count
334Top 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% |
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Product Mix
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
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
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
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
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
2019 saw Evolve Bank & Trust place emphasis on $200k-400k loans with 1,111 originations, totaling $310,535,000 in origination value.
Applicant Income
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
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
Approval Rates
Total approvals of all applications87.12%
Evolve Bank & Trust has an average approval rate.
Pick Rate
Approvals leading to origination74.33%
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
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 |