Evolve Bank & Trust
Headquartered in West Memphis, AR. Part of Evolve Bancorp, Inc. FDIC certificate #1299 · Federal Reserve RSSD 592448.
Total assets
$1.2B
Deposits
$997M
Q1 2026
Active branches
10
Closings since Jan 2020
28
13 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$-431K
Return on assets
-0.14%
Return on equity
-1.06%
Noncurrent loan rate
0.96%
Deposits by year (Summary of Deposits)
02019
02020
12021
12022
12023
12024
12025
Values in $ billions, June 30 of each year.
Closings by year
112023
172025
Openings by year
52020
22021
32022
22023
12024
Other network changes since 2020
- 2 branch relocations
Branches by state
Recent closings
- Evolve Bank & Trust — East Setauket, NYbank exits city175 ROUTE 25A · closed February 14, 2025
- Evolve Bank & Trust — Newark, DEbank exits city220 CONTINENTAL DR · closed February 5, 2025
- Evolve Bank & Trust — Rehoboth Beach, DEbank exits city19405 PLANTATIONS ROAD · closed February 3, 2025
- Evolve Bank & Trust — Danbury, CTbank exits city30 MAIN ST · closed January 31, 2025
- Evolve Bank & Trust — Bend, ORbank exits city1051 NW BOND STREET · closed January 31, 2025
- Evolve Bank & Trust — West Hartford, CTbank exits city970 FARMINGTON AVE · closed January 31, 2025
- Evolve Bank & Trust — Gaithersburg, MDbank exits city9841 WASHINGTONIAN BLVD · closed January 31, 2025
- Evolve Bank & Trust — Saratoga Springs, NYbank exits city92 CONGRESS STREET · closed January 31, 2025
- Evolve Bank & Trust — North Andover, MAbank exits city800 NORTH TURNPIKE STREET · closed January 31, 2025
- Evolve Bank & Trust — Westborough, MAbank exits city76 OTIS STREET · closed January 31, 2025
- Evolve Bank & Trust — Old Saybrook, CTbank exits city222 OLD BOSTON POST ROAD · closed January 31, 2025
- Evolve Bank & Trust — Rancho Palos Verdes, CAbank exits city28924 SOUTH WESTERN AVE · closed January 31, 2025
- Evolve Bank & Trust — Wilbraham, MAbank exits city2400 BOSTON ROAD · closed January 31, 2025
- Evolve Bank & Trust — Roswell, GAbank exits city110 MANSELL CRK · closed January 31, 2025
- Evolve Bank & Trust — Newport Beach, CAbank exits city5695 MACARTHUR COURT · closed January 31, 2025
- Evolve Bank & Trust — Easthampton, MAbank exits city184 NORTHAMPTON STREET · closed January 31, 2025
- 243 S CHURCH STREET · closed January 30, 2025
- Evolve Bank & Trust — Carrollton, TXbank exits city2245 KELLER WAY · closed April 3, 2023
- Evolve Bank & Trust — Dallas, TXbank exits city3710 RAWLINS ST · closed April 3, 2023
- Evolve Bank & Trust — Covington, TNbank exits city104 W LIBERTY AVE · closed March 31, 2023
- Evolve Bank & Trust — Grand Rapids, MIbank exits city2305 EAST PARIS AVE SE · closed March 31, 2023
- Evolve Bank & Trust — Grand Haven, MIbank exits city15 S 2ND ST · closed March 31, 2023
- Evolve Bank & Trust — San Juan Capistrano, CAbank exits city29122 RANCHO VIEJO RD · closed March 31, 2023
- Evolve Bank & Trust — Englewood, CObank exits city9777 PYRAMID CT · closed March 31, 2023
- Evolve Bank & Trust — Franklin, TNbank exits city357 RIVERSIDE DR · closed March 31, 2023
- Evolve Bank & Trust — Ridgeland, MSbank exits city403 TOWNE CENTER BLVD · closed March 31, 2023
- Evolve Bank & Trust — Jasper, GAbank exits city12 SAMMY MCGHEE BLVD · closed March 31, 2023
- Evolve Bank & Trust — Cincinnati, OHbank exits city11311 CORNELL PARK DR # 400 · closed March 31, 2023
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.getevolved.com.