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Bank of Evergreen

Evergreen, Alabama · FDIC Cert #49

This is the FDIC profile for Bank of Evergreen, an FDIC-insured bank (Certificate #49) with $78M in total assets and $68M in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Evergreen, Alabama, the bank maintains a Tier 1 capital ratio of 13.24% (Well-Capitalized) and a nonperforming loan ratio of 0.92%. BankHealthData assigns a composite Health Grade of A (84/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.

Bank of Evergreen (FDIC cert 49) is a community bank — $78M in total assets, $68M in deposits, serving the Evergreen, Alabama area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.

Capital position is strong: Tier 1 capital ratio of 13.24% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is normal: non-performing loan ratio of 0.92% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is very high: 54.5% of assets in liquid form, well above peer norms. Very high liquidity sometimes reflects a bank still building out its loan portfolio or one operating under specific regulatory liquidity requirements.

Profitability is thin: ROA of 0.44% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. Bank of Evergreen carries a composite BankHealth grade of A (84/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.

Source: FDIC BankFind API — Call Report data.

Reviewed by BankHealthData Editorial Team · Updated
A
Health Score
84/100

Key Facts: Bank of Evergreen

Total Assets
$78M
Total Deposits
$68M
Tier 1 Capital Ratio
13.24%
Capital Status
Well-Capitalized
Nonperforming Loans
0.92%
Liquidity Ratio
54.52%
Return on Assets
0.44%
Headquarters
Evergreen, Alabama
FDIC Certificate
#49
Health Grade
A (84/100)
Latest Call Report
Q2 2024

FDIC Filings & Call Report Data

Bank of Evergreen files quarterly Call Reports with the FDIC under Certificate #49. The figures on this page reflect the Q2 2024 Call Report, which is the most recent FDIC filing currently available. Historical filings and Uniform Bank Performance Reports (UBPR) are accessible directly from the FDIC BankFind directory and the FFIEC Central Data Repository.

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Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, Bank of Evergreen holds a Tier 1 capital ratio of 13.24%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Bank of Evergreen has a strong buffer to absorb potential losses.

Key Financial Metrics

0.92%
Nonperforming Loans
Low, healthy loan portfolio
54.52%
Liquidity Ratio
Strong, can meet withdrawal demands
0.44%
Return on Assets
Low profitability
$68M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

Bank of Evergreen shows strong financial health indicators. With $78M in assets and a Health Score of 84/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

How Bank of Evergreen Compares

Bank of Evergreen’s Health Score of 84 is 2 points above the Alabama state average of 82 across 78 FDIC-insured banks. Its 13.24% Tier 1 capital ratio is 0.8 points below the US banking industry average near 14%. The 0.92% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.44% is below the national ROA benchmark of ~1.1%. Among 886 similarly-sized banks, the average Health Score is 82, meaning this bank ranks above its size cohort. Site-wide, Bank of Evergreen is 4 points above the portfolio average of 80.

Frequently Asked Questions

Bank of Evergreen has a Bank Health Score of A (84/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 13.24%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Bank of Evergreen's Tier 1 capital ratio of 13.24% and nonperforming loan ratio of 0.92% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.

Money in checking, savings, money market, and CD accounts at Bank of Evergreen is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #49). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.

Bank of Evergreen holds $78M in total assets and $68M in total deposits. It is headquartered in Evergreen, Alabama (FDIC Certificate #49).

Bank of Evergreen's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #49 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.

Bank of Evergreen has a Tier 1 capital ratio of 13.24%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.92%, and the return on assets is 0.44%.

Yes. Bank of Evergreen is FDIC-insured (Certificate #49). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.

An A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).

Bank of Evergreen's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.

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