Evergreen Bank Group

Headquarters

1515 W 22nd St Ste 100w
Oak Brook, IL 60523
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 4.01% →
1-Year CD N.A. 4.65% →
2-Year CD N.A. 4.73% →
5-Year CD N.A. 4.75% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 1.93% →

2022 Overview

General Bank Information

Evergreen Bank Group is an FDIC insured institution located in Oak Brook, IL. It was founded in 1999 and has approximately $1.27 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 35230
Date Established 1999
Assets $ 1,272.27 million
Loans $ 1,042.89 million
Deposits $ 1,082.78 million
Capital $ 141.25 million
 

For a more detailed analysis of Evergreen Bank Group's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - December 1, 2022

Your Current Location: Virginia, VA 20146

Checking Rates APY MIN FEE
Free Rewards Checking 1.25% $0 $0.00 Learn MoreShow Less
 

Loan Rates - December 1, 2022

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Evergreen Bank Group

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




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Featured - Virginia Home Equity Line Of Credit Rates 2022

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After Intro: 7.500 %
Intro Period: 12 months
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6.240 %
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Note to Evergreen Bank Group
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Branches

Evergreen Bank Group branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Evergreen Bank Group Locations



Climate Initiatives

Evergreen Bank Group is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

Evergreen Bank Group Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Evergreen Bank Group. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Evergreen Bank Group U.S. Bank Average
0.99% 4.06%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2022, Evergreen Bank Group had $1,567,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $141,249,000 in equity and $17,571,000 in loans loss reserves. That gives it a Texas Ratio of 0.99%.

Return on Equity
Evergreen Bank Group U.S. Bank Average
13.54% 9.98%

Evergreen Bank Group has a Return on Equity of 13.54% versus the BestCashCow average of 9.98%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Evergreen Bank Group U.S. Bank Average
11.1% 10.23%

Evergreen Bank Group has a Capitalization of 11.1% versus the BestCashCow average of 10.23. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Evergreen Bank Group Balance Sheet Analysis

As of June 30, 2022, Evergreen Bank Group had assets of $1,272,268,000, loans of $1,042,894,000, and deposits of $1,082,775,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2022
ASSETS
Cash & Balances due from depository institutions $ 90.14 million
Interest-bearing balances $ 87.10 million
Total securities $ 97.30 million
Federal funds sold and reverse repurchase $ 2.15 million
Net loans and leases $ 1,042.89 million
Loan loss allowance $ 17.57 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 32.62 million
     Total Assets $ 1,131.02 million
LIABILITIES
Total deposits $ 1,082.78 million
      Interest-bearing deposits $ 971.97 million
      Deposits held in domestic offices $ 1,082.78 million
      % insured (estimated) 67.28%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 33.50 million
Subordinated debt N.A.
All other liabilities $ 14.74 million
      Total Liabilities $ 1,131.02 million
      Shareholders’ Equity $ 141.25 million

Summary Income Statement

June 30, 2022
INCOME AND EXPENSES
Total Interest Income $ 31.61 million
Total Interest Expense $ 2.08 million
Net interest income $ 29.53 million
Provision for loan and lease losses $ 0.55 million
Total non interest income $ 1.09 million
Total non interest expense $ 16.30 million
Pre-tax Net Operating Income $ 13.77 million

Bank Loan Profile?

The top three loan types in Evergreen Bank Group’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Consumer Auto Loans.

Compared to other banks, Evergreen Bank Group’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 9.40
Multifamily
Mortgages
2.64
Credit Card Loans 0.00
Consumer Auto Loans 4.33
Small Business Loans 1.07
Construction and Development Loans 0.45
Commercial Real Estate 13.62
Commercial and Industrial Loans 2.10
Farm Loans 0.00

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