Evergreen Bank Group

Headquarters

1515 West 22nd Street, Suite 100w
Oak Brook, IL 60523
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.50% 1.05% →
1-Year CD 0.70% 0.95% →
2-Year CD 0.90% 1.05% →
5-Year CD 1.00% 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 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 $1.2 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 35230
Date Established 1999
Assets $ 1,203.31 million
Loans $ 972.96 million
Deposits $ 1,043.67 million
Capital $ 125.94 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 - September 19, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.50% $2,500 $4,999 Learn More
Money Market
0.20% $2,500 $2,999 Learn More
Money Market
0.30% $10,000 $14,999 Learn More
Money Market
0.55% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.50% $10,000 $14,999 Learn More
3 Mo CD
0.50% $100,000 $199,999 Learn More
6 Mo CD
0.70% $10,000 $14,999 Learn More
6 Mo CD
0.70% $100,000 $199,999 Learn More
12 Mo CD
0.70% $10,000 - Learn More
18 Mo CD
0.90% $10,000 $14,999 Learn More
18 Mo CD
0.90% $100,000 $199,999 Learn More
24 Mo CD
0.90% $10,000 $14,999 Learn More
24 Mo CD
0.90% $100,000 $199,999 Learn More
30 Mo CD
0.95% $10,000 $14,999 Learn More
30 Mo CD
0.95% $100,000 $199,999 Learn More
36 Mo CD
0.95% $10,000 $14,999 Learn More
36 Mo CD
0.95% $100,000 $199,999 Learn More
48 Mo CD
1.00% $10,000 $14,999 Learn More
48 Mo CD
1.00% $100,000 $199,999 Learn More
60 Mo CD
1.00% $10,000 $14,999 Learn More
60 Mo CD
1.00% $100,000 $199,999 Learn More

Checking Rates APY MIN FEE
Kasasa Cash 2.00% $0 $0.00 Learn MoreShow Less

Loan Rates - September 19, 2020

Your Current Location: Connecticut, CT 06828

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:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,118 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to Evergreen Bank Group
To upload and update your bank's rates please register. It is free to register and add rates.

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:
Fairfield,Connecticut


Evergreen Bank Group Locations


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
1.4% 6.94%

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 March 31, 2020, Evergreen Bank Group had $1,861,000 in non-current loans and $75,000 in owned real estate. To cover these potential losses it had $125,944,000 in equity and $12,284,000 in loans loss reserves. That gives it a Texas Ratio of 1.4%.

Return on Equity
Evergreen Bank Group U.S. Bank Average
10.18% 7.80%

Evergreen Bank Group has a Return on Equity of 10.18% versus the BestCashCow average of 7.80%. 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
10.47% 12.68%

Evergreen Bank Group has a Capitalization of 10.47% versus the BestCashCow average of 12.68. 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 March 31, 2020, Evergreen Bank Group had assets of $1,203,314,000, loans of $972,955,000, and deposits of $1,043,674,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 124.04 million
Interest-bearing balances $ 120.18 million
Total securities $ 76.97 million
Federal funds sold and reverse repurchase $ 2.86 million
Net loans and leases $ 972.96 million
Loan loss allowance $ 12.28 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.08 million
Goodwill and other intangibles N.A.
All other assets $ 23.41 million
     Total Assets $ 1,077.37 million
LIABILITIES
Total deposits $ 1,043.67 million
      Interest-bearing deposits $ 974.30 million
      Deposits held in domestic offices $ 1,043.67 million
      % insured (estimated) 75.36%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 30.50 million
Subordinated debt N.A.
All other liabilities $ 3.20 million
      Total Liabilities $ 1,077.37 million
      Shareholders’ Equity $ 125.94 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 16.99 million
Total Interest Expense $ 4.43 million
Net interest income $ 12.56 million
Provision for loan and lease losses $ 2.73 million
Total non interest income $ 0.49 million
Total non interest expense $ 6.18 million
Pre-tax Net Operating Income $ 4.15 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 Commercial and Industrial 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 11.30
Multifamily
Mortgages
3.19
Credit Card Loans 0.00
Consumer Auto Loans 0.07
Small Business Loans 1.55
Construction and Development Loans 1.86
Commercial Real Estate 17.69
Commercial and Industrial Loans 3.30
Farm Loans 0.00

Frequently Asked Questions About Evergreen Bank Group

Branches and Savings

Is Evergreen Bank Group FDIC insured?

Yes. It is covered under FDIC Certificate #35230.

Why does Evergreen Bank Group pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Evergreen Bank Group CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Evergreen Bank Group a commercial bank?

Yes

Where are Evergreen Bank Group locations?

See branch locations nearby.

Is Evergreen Bank Group open on Saturdays?

Is Evergreen Bank Group open on Sundays?

What time does Evergreen Bank Group open?

What time does Evergreen Bank Group close?

Are Evergreen Bank Group ATMs Open 24/7?

Do Evergreen Bank Group ATMs accept cash deposits?

Can Evergreen Bank Group customers use other ATMs?

Do Evergreen Bank Group branches have notaries?

Will Evergreen Bank Group notarize my document?

What address for Evergreen Bank Group should I put for incoming ACH transfers?

Will the Evergreen Bank Group branch print checks?

Do Evergreen Bank Group checks expire?

Does Evergreen Bank Group require US citizenship to open account?

Can Evergreen Bank Group close my account?

Does Evergreen Bank Group Report to credit bureaus?

Does Evergreen Bank Group Use Equifax?

What is Evergreen Bank Group's ACH Routing Number?

What is Evergreen Bank Group's SWIFT code?

Products

Does Evergreen Bank Group offer mortgages?

Compare mortgage rates here.

Does Evergreen Bank Group offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Evergreen Bank Group offer personal loans?

Compare personal loan rates here.

Does Evergreen Bank Group offer student loans?

Will Evergreen Bank Group cash a check?

Will Evergreen Bank Group redeem a savings bond?

Does Evergreen Bank Group cash savings bonds?

Will Evergreen Bank Group cash money orders?

Can Evergreen Bank Group issue a money order?

Does Evergreen Bank Group do currency exchange?

Background on The Bank

Who owns Evergreen Bank Group?

How long has Evergreen Bank Group been around?

Can Evergreen Bank Group transfer to other banks?

Does Evergreen Bank Group have quick pay?

Does Evergreen Bank Group accept rolled coins?

Will Evergreen Bank Group accept loose change?

Where is Evergreen Bank Group headquarters?

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