EvaBank in Eva, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

EvaBank - Overview

  • General
  • FDIC Certificate #: 26799
    Status: Active
    Federal Reserve ID: 498531
    Date Established: October 13, 1986
    WWW: http://www.evabank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 15503
    FDIC's unique #: 35955
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Consumer Lending Specialization
    Date of Deposit Insurance: October 13, 1986
    Last Structure Change Effective Date: December 20, 2011
    Last Structure Change Process Date: December 20, 2011
    Last Data Update: December 20, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 4113 Eva Road, Eva, AL 35621
    County: Morgan
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Shelby
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Decatur, AL (#2030)
    Combined Statistical Area (CSA): Huntsville-Decatur, AL (#290)
    Core Based Statistical Area (CBSA): Decatur, AL (#19460)
    CBSA Metro Statistical Area: Decatur, AL (#19460)
  • Financial Summary
  • Total assets: $352.1 mil
    Equity capital: $24.6 mil
    Deposits held in domestic offices: $310.4 mil
    Return on assets (ROA): 0.56% ($2.0 mil)
    Quarterly return on assets: 0.45% ($1.6 mil)
    Return on Equity (ROE): 9.19% ($2.3 mil)
    Quarterly return on equity: 6.66% ($1.7 mil)
    Net income: $2.1 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.79% ($2,781.2 mil)
    Quarterly Pretax return on assets: -0.04% (-$140.8 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 82Total employees (full-time equivalent)
  • $352,056Total assets
  • $26,930Cash and due from depository institutions
  • $23,908Interest-bearing balances
  • $44,258Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $256,771Net loans & leases
  • $5,937Loan loss allowance
  • $0Trading account assets
  • $4,268Bank premises and fixed assets
  • $14,416Other real estate owned
  • $0Goodwill and other intangibles
  • $352,056Life insurance assets
  • $5,413All other assets
  • $327,455Total liabilities and capital
  • $310,382Total liabilities
  • $298,482Total deposits
  • $310,382Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $15,000Trading liabilities
  • $0Other borrowed funds
  • $2,073Subordinated debt
  • $24,601All other liabilities
  • $24,601Total equity capital
  • $24,601Total bank equity capital
  • $0Perpetual preferred stock
  • $2Common stock
  • $8,152Surplus
  • $16,447Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $200Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,264Income earned, not collected on loans
  • $0Earning assets
  • $1,669Long-term assets (5+ years)
  • $324,937Average Assets, year-to-date
  • $153,750Average Assets, quarterly
  • $368,457Volatile liabilities
  • $360,257Insider loans
  • $306,789FHLB advances
  • $355,600Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $22,649Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,895Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $24,411Total interest income
  • $7,506Total interest expense
  • $16,905Net interest income
  • $1,466Provision for loan and lease losses
  • -$2,985Total noninterest income
  • $0Fiduciary activities
  • $414Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$3,399Additional noninterest income
  • $9,474Total noninterest expense
  • $3,944Salaries and employee benefits
  • $818Premises and equipment expense
  • $4,712Additional noninterest expense
  • $2,980Pre-tax net operating income
  • -$53Securities gains (losses)
  • $850Applicable income taxes
  • $2,077Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,077Net income attributable to bank
  • $0Net charge-offs
  • $2,077Cash dividends
  • $2,650Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.20%Yield on earning assets
  • 2.21%Cost of funding earning assets
  • 4.99%Net interest margin
  • -0.88%Noninterest income to earning assets
  • 2.79%Noninterest expense to earning assets
  • 0.57%Net operating income to assets
  • 0.56%Return on assets (ROA)
  • 0.79%Pretax return on assets
  • 9.19%Return on equity (ROE)
  • 9.19%Retained earnings to average equity (YTD only)
  • 0.98%Net charge-offs to loans
  • 55.32%Credit loss provision to net charge-offs
  • 1.68%Efficiency ratio
  • 68,060Assets per employee
  • 4.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.26%Loss allowance to noncurrent loans
  • 94.78%Noncurrent assets plus other real estate owned to assets
  • 5.87%Noncurrent loans to loans
  • 2.38%Net loans and leases to deposits
  • 82.73%Net loans and leases to core deposits
  • 104.83%Equity capital to assets
  • 6.99%Core capital (leverage) ratio
  • 6.37%Tier 1 risk-based capital ratio
  • 7.38%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $368,457Average earning assets
  • $22,607Average equity
  • $339,054Average loans

List of branches

  • 5 Alabama Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    035955Evabank4113 Eva Road, Eva, AL 35621October 13, 1986Full Service Brick and Mortar
    1260178Cullman Branch3210 Alabama Highway 157, Cullman, AL 35058August 07, 1998Full Service Brick and Mortar
    2364648Cherokee Office Branch1710 Cherokee Ave S.W., Cullman, AL 35055May 06, 2002Full Service Brick and Mortar
    3443974Clairmont Branch2915 Clairmont Avenue, Birmingham, AL 35205August 05, 2005Full Service Brick and Mortar
    4464784Arlington Place Branch3810 Sullivan Street, Madison, AL 35758May 07, 2007Full Service Brick and Mortar

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