Evans Bank (merged into NBT Bank)
Evans Bank reported total assets of $2.2 bn at Q1 2025, its last Call Report before it merged into NBT Bank. The CET1 capital ratio at Evans Bank was 14.39%, and the uninsured share of Evans Bank was 35.61%. Source: FDIC Call Reports.
Key takeaways
- Since , Evans Bank has taken over one institution; the latest was Fairport Savings Bank on (FDIC Call Reports).
What sets Evans Bank apart
How large is Evans Bank?
The balance sheet of Evans Bank at : assets $2.2 bn, deposits $1.9 bn, net loans $1.8 bn (loans equal to 92.40% of deposits). Securities make up 12.2% of total assets at Evans Bank. Since , when Evans Bank held $980.5 mn, its assets grew 122.1%. In the year to , deposits at Evans Bank fell 0.2% while its total assets fell 3.6%. At , Evans Bank employed 259 full-time equivalent staff across 19 offices, about $8.4 mn of assets per employee and $100.0 mn of deposits per office.
How much funding at Evans Bank is uninsured?
At Evans Bank, uninsured deposits (above the FDIC limit) made up 35.61% of domestic deposits at (+3.42 pp on a year earlier). In dollars, Evans Bank estimated $677.0 mn of uninsured deposits.
Key facts, Q1 2025
| Metric | Value | A year earlier | US rank |
|---|---|---|---|
| Total deposits | $1.9 bn | $1.9 bn (Q1 2024) | |
| Net loans and leases | $1.8 bn | $1.7 bn (Q1 2024) | |
| Loan-to-deposit ratio | 92.40% | 89.23% (Q1 2024) | |
| Tier 1 leverage ratio | 11.44% | 11.14% (Q1 2024) | |
| Total risk-based capital ratio | 15.64% | 15.69% (Q1 2024) | |
| Net interest margin | 3.04% | 2.77% (Q1 2024) | |
| Return on assets (ROA) | 0.78% | 0.55% (Q1 2024) | |
| Efficiency ratio | 67.99% | 76.10% (Q1 2024) | |
| Unrealized gain/loss on held-to-maturity securities | Loss of $66,000 | Narrowed by $14,000 | |
| Unrealized gain/loss on available-for-sale securities | Loss of $51.2 mn | Narrowed by $7.2 mn | |
| Noncurrent loans to total loans | 1.52% | 1.62% (Q1 2024) | |
| Net charge-offs to average loans | 0.09% | 0.02% (Q1 2024) |
US rank of Evans Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Evans Bank: assets, deposits and loans
- Total assets $2.2bn
- Deposits $1.9bn
- Net loans $1.8bn
Capital and securities
The CET1 ratio of Evans Bank stood at 14.39% in , -0.04 pp year on year. Low and high at Evans Bank since : 10.56% () to 14.57% (). Equity capital of Evans Bank at : $219.7 mn, or 10.1% of total assets. Evans Bank also reported a total capital ratio of 15.64% for , and a tier 1 leverage ratio of 11.44%.
On held-to-maturity securities, Evans Bank carried an unrealized loss of $66,000 at , equal to 0.0% of equity capital. The loss narrowed by $14,000 over the year. Its deepest point: $159,000 in . The available-for-sale portfolio of Evans Bank showed an unrealized loss of $51.2 mn at ; the loss narrowed by $7.2 mn over the year.
Evans Bank: capital ratios
- Total capital 16%
- CET1 14%
- Tier 1 leverage 11%
Evans Bank: unrealized securities gains and losses
- Available for sale -$51mn
- Held to maturity -$66,000
Profitability and loan quality
For the year to , Evans Bank earned a return on equity of 7.89%; return on assets: 0.78%. Net interest margin at Evans Bank: 3.04%, +0.27 pp in a year. Evans Bank net income: $4.2 mn, up 40.3% year on year. The efficiency ratio of Evans Bank was 67.99%: about 68 cents cost per revenue dollar, against 64 cents at the median peer.
At , noncurrent loans were 1.52% of total loans at Evans Bank; net charge-offs: 0.09% of average loans. Gross loans and leases at Evans Bank: $1.8 bn at , against $1.7 bn at .
Evans Bank: profitability
- Return on equity 7.9%
- Net interest margin 3.0%
- Return on assets 0.8%
Peer group of Evans Bank
The peer group of Evans Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 2 share the charter type of Evans Bank (national bank) and 0 have head offices in New York. Against them, Evans Bank shows CET1 ratio 14.39% against a peer median of 12.25%, return on equity 7.89% against a peer median of 10.86% and uninsured deposit share 35.61% against a peer median of 26.54%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Country Club Bank | State member bank | MO | $2.2 bn | 13.50% | 16.48% | 39.45% | |
| One Community Bank | State member bank | WI | $2.2 bn | not reported | 7.68% | 26.89% | |
| Schaumburg Bank & Trust Company | National bank | IL | $2.2 bn | 11.08% | 13.56% | 31.79% | |
| Evans Bank | National bank | NY | $2.2 bn | 14.39% | 7.89% | 35.61% | |
| ESSA Bank & Trust | State-chartered stock savings bank | PA | $2.2 bn | 12.87% | 6.14% | 26.19% | |
| Ion Bank | State member bank | CT | $2.2 bn | 12.25% | 10.01% | 23.58% | |
| State Bank of the Lakes | National bank | IL | $2.2 bn | 11.47% | 11.70% | 15.77% | |
. FDIC Call Reports.
Last eight quarters
Two years at Evans Bank, to : assets $2.1 bn to $2.2 bn, deposits $1.8 bn to $1.9 bn, equity $174.4 mn to $219.7 mn. Staff 290 to 259.
| Metric | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $2.1 bn | $2.2 bn | $2.1 bn | $2.3 bn | $2.3 bn | $2.3 bn | $2.2 bn | $2.2 bn |
| Total deposits | $1.8 bn | $1.8 bn | $1.7 bn | $1.9 bn | $1.9 bn | $1.9 bn | $1.9 bn | $1.9 bn |
| Bank equity capital | $174.4 mn | $166.6 mn | $198.8 mn | $199.6 mn | $203.1 mn | $215.8 mn | $210.7 mn | $219.7 mn |
| CET1 ratio | 13.70% | 13.42% | 14.33% | 14.43% | 14.37% | 14.46% | 14.57% | 14.39% |
| Return on equity (ROE) | 13.11% | 11.29% | 6.15% | 6.08% | 6.62% | 7.05% | 7.61% | 7.89% |
| Uninsured share of domestic deposits | 33.97% | 32.04% | 29.19% | 32.19% | 30.80% | 32.62% | 30.49% | 35.61% |
| Full-time equivalent employees | 290 | 293 | 300 | 285 | 281 | 279 | 265 | 259 |
| Number of offices | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Evans Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed Fairport Savings Bank (FDIC certificate 30056).
- . Merged into NBT Bank, National Association (FDIC certificate 7230).
Large one-quarter moves at Evans Bank
- Total assets at Evans Bank changed by +35.9% in the quarter to 2020-06-30: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Fairport Savings Bank.
Questions and identifiers
What were the total assets of Evans Bank?
Evans Bank reported $2.2 bn at in its Call Report.
Is Evans Bank the same as its holding company?
No. This page covers Evans Bank, FDIC certificate 6947; EVANS BCORP INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Evans Bank profitable?
Evans Bank reported net income of $4.2 mn for the year to ; annualized return on equity: 7.89%. So yes: Evans Bank made a profit over these months.
When is data for Evans Bank next updated?
Evans Bank no longer files Call Reports; its data ends at .
Where can I check the figures for Evans Bank?
In the FDIC BankFind Suite record for certificate 6947, and in the Call Reports of Evans Bank (RSSD ID 292908) at the FFIEC Central Data Repository.