Evergreen Federal Savings and Loan Association in Grants Pass, Oregon (OR)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Evergreen Federal Savings and Loan Association in Grants Pass, Oregon (OR)
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Evergreen Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 28914
    Status: Active
    Federal Reserve ID: 55970
    Date Established: June 01, 1934
    WWW: http://www.evergreenbanking.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 2610
    FDIC's unique #: 41748
    Numeric code: 38
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: November 05, 1934
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 969 S E Sixth Street, Grants Pass, OR 97526
    County: Josephine
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Portland
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Grants Pass, OR (#24420)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $357.9 mil
    Equity capital: $37.7 mil
    Deposits held in domestic offices: $314.5 mil
    Return on assets (ROA): 0.28% ($1.0 mil)
    Quarterly return on assets: 0.08% ($0.3 mil)
    Return on Equity (ROE): 2.64% ($1.0 mil)
    Quarterly return on equity: 0.78% ($0.3 mil)
    Net income: $1.0 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.41% ($1,467.3 mil)
    Quarterly Pretax return on assets: 0.09% ($322.1 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
  • 83Total employees (full-time equivalent)
  • $357,885Total assets
  • $83,946Cash and due from depository institutions
  • $79,989Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $239,904Net loans & leases
  • $2,936Loan loss allowance
  • $0Trading account assets
  • $21,006Bank premises and fixed assets
  • $0Other real estate owned
  • $445Goodwill and other intangibles
  • $357,885Life insurance assets
  • $12,584All other assets
  • $320,190Total liabilities and capital
  • $314,485Total liabilities
  • $302,363Total deposits
  • $314,485Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,000Trading liabilities
  • $0Other borrowed funds
  • $705Subordinated debt
  • $37,695All other liabilities
  • $37,695Total equity capital
  • $37,695Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $37,695Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,542Income earned, not collected on loans
  • $0Earning assets
  • $1,133Long-term assets (5+ years)
  • $319,893Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $351,379Volatile liabilities
  • $359,630Insider loans
  • $238,958FHLB advances
  • $357,885Loans and leases held for sale
  • $6,116Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $37,695Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $37,949Restructured Loans and leases
  • $676Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $16,446Total interest income
  • $2,313Total interest expense
  • $14,133Net interest income
  • $4,027Provision for loan and lease losses
  • $1,695Total noninterest income
  • $0Fiduciary activities
  • $131Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,564Additional noninterest income
  • $11,420Total noninterest expense
  • $6,360Salaries and employee benefits
  • $2,388Premises and equipment expense
  • $2,672Additional noninterest expense
  • $381Pre-tax net operating income
  • $1,057Securities gains (losses)
  • $454Applicable income taxes
  • $984Income before extraordinary items
  • $0Extraordinary gains - net
  • $984Net income attributable to bank
  • $0Net charge-offs
  • $984Cash dividends
  • $2,575Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.24%Yield on earning assets
  • 0.74%Cost of funding earning assets
  • 4.50%Net interest margin
  • 0.54%Noninterest income to earning assets
  • 3.64%Noninterest expense to earning assets
  • 0.08%Net operating income to assets
  • 0.28%Return on assets (ROA)
  • 0.41%Pretax return on assets
  • 2.64%Return on equity (ROE)
  • 2.64%Retained earnings to average equity (YTD only)
  • 1.06%Net charge-offs to loans
  • 156.39%Credit loss provision to net charge-offs
  • 1.71%Efficiency ratio
  • 72,151Assets per employee
  • 4.31%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.21%Loss allowance to noncurrent loans
  • 82.89%Noncurrent assets plus other real estate owned to assets
  • 0.99%Noncurrent loans to loans
  • 1.46%Net loans and leases to deposits
  • 76.28%Net loans and leases to core deposits
  • 77.06%Equity capital to assets
  • 10.53%Core capital (leverage) ratio
  • 10.53%Tier 1 risk-based capital ratio
  • 15.77%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $351,379Average earning assets
  • $37,301Average equity
  • $313,857Average loans

List of branches

  • 6 Oregon Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    041748Evergreen Federal Savings And Loan A969 S E Sixth Street, Grants Pass, OR 97526June 01, 1934Full Service Brick and Mortar
    1271557850 Chetco Avenue Branch850 Chetco Avenue, Brookings, OR 97415June 01, 1934Full Service Brick and Mortar
    3271559101 Pine Street Branch101 Pine Street, Rogue River, OR 97537June 01, 1934Full Service Brick and Mortar
    4271560130 N Redwood Highway Branch130 N Redwood Highway, Cave Junction, OR 97523June 01, 1934Full Service Brick and Mortar
    100271561501 Crater Lake Avenue Branch501 Crater Lake Avenue, Medford, OR 97501June 01, 1934Full Service Brick and Mortar
    102271563Grants Pass Branch1329 Northeast 6th Street, Grants Pass, OR 97526December 29, 1997Full Service Brick and Mortar

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