Evolve Bank & Trust Mortgage Lending & HMDA Data, 2024
In 2024, Evolve Bank & Trust of Memphis, TN reported 1,899 mortgage applications totaling $626.0 million, down 28% from 2023. The average application was for $329,670, and applicants reported an average income of $151,036. 75% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Memphis, TN-MS-AR (325), Wilmington, DE-MD-NJ (135) and Nassau County-Suffolk County, NY (94) (applications in parentheses).
| Mortgage Company & Address | Evolve Bank & Trust 6000 Poplar Avenue Suite 300 Memphis, TN 38119 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 |
| Total Number of Mortgage Applications | 1,899 |
| Total Mortgage Loan Application Amount | $626,045,000 |
| Average Mortgage Loan Application Amount | $329,670 |
| Highest Mortgage Loan Application Amount | $2,605,000 |
| Average Applicant Income | $151,036 |
| Highest Applicant Income | $2,189,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Evolve Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Memphis, TN-MS-AR | 325 | $ 87,505,000 | $ 269,246 | $ 132,944 |
| Outside any metro area | 245 | $ 62,975,000 | $ 257,040 | $ 120,228 |
| Wilmington, DE-MD-NJ | 135 | $ 43,815,000 | $ 324,555 | $ 104,785 |
| Nassau County-Suffolk County, NY | 94 | $ 42,300,000 | $ 450,000 | $ 197,000 |
| Cambridge-Newton-Framingham, MA | 88 | $ 39,440,000 | $ 448,181 | $ 161,000 |
| Jonesboro, AR | 80 | $ 15,680,000 | $ 196,000 | $ 170,000 |
| Worcester, MA-CT | 63 | $ 21,885,000 | $ 347,380 | $ 129,000 |
| Los Angeles-Long Beach-Glendale, CA | 55 | $ 30,245,000 | $ 549,909 | $ 285,000 |
| Albany-Schenectady-Troy, NY | 53 | $ 17,025,000 | $ 321,226 | $ 138,000 |
| Boston, MA | 51 | $ 22,265,000 | $ 436,568 | $ 183,000 |
| Springfield, MA | 46 | $ 14,180,000 | $ 308,260 | $ 117,000 |
| Bridgeport-Stamford-Norwalk, CT | 42 | $ 16,480,000 | $ 392,380 | $ 188,000 |
| Hartford-West Hartford-East Hartford, CT | 39 | $ 13,455,000 | $ 345,000 | $ 198,000 |
| Dover, DE | 37 | $ 11,465,000 | $ 309,864 | $ 84,000 |
| Washington, DC-MD | 34 | $ 11,100,000 | $ 326,470 | $ 143,647 |
| Glens Falls, NY | 33 | $ 8,105,000 | $ 245,606 | $ 115,000 |
| Little Rock-North Little Rock-Conway, AR | 33 | $ 4,295,000 | $ 130,151 | $ 205,000 |
| New York-Jersey City-White Plains, NY-NJ | 23 | $ 12,735,000 | $ 553,695 | $ 179,652 |
| Baltimore-Columbia-Towson, MD | 22 | $ 5,530,000 | $ 251,363 | $ 125,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 21 | $ 4,855,000 | $ 231,190 | $ 73,000 |
| Barnstable Town, MA | 18 | $ 9,150,000 | $ 508,333 | $ 304,000 |
| Providence-Warwick, RI-MA | 18 | $ 7,320,000 | $ 406,666 | $ 109,888 |
| Jackson, MS | 16 | $ 650,000 | $ 40,625 | $ 59,000 |
| Manchester-Nashua, NH | 16 | $ 6,000,000 | $ 375,000 | $ 130,000 |
| Waterbury-Shelton, CT | 16 | $ 5,440,000 | $ 340,000 | $ 159,000 |
| Charleston-North Charleston, SC | 14 | $ 7,620,000 | $ 544,285 | $ 185,000 |
| Fayetteville-Springdale-Rogers, AR-MO | 14 | $ 4,370,000 | $ 312,142 | $ 195,000 |
| Amherst Town-Northampton, MA | 11 | $ 2,995,000 | $ 272,272 | $ 94,000 |
| Atlanta-Sandy Springs-Roswell, GA | 11 | $ 4,705,000 | $ 427,727 | $ 208,000 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | 10 | $ 4,410,000 | $ 441,000 | $ 224,000 |
| Kiryas Joel-Poughkeepsie-Newburgh, NY | 8 | $ 3,380,000 | $ 422,500 | $ 163,000 |
| New Haven-Milford, CT | 8 | $ 1,620,000 | $ 202,500 | $ 114,000 |
| Phoenix-Mesa-Scottsdale, AZ | 8 | $ 2,780,000 | $ 347,500 | $ 148,000 |
| Lakewood-New Brunswick, NJ | 7 | $ 3,085,000 | $ 440,714 | $ 284,000 |
| Rockingham County-Strafford County, NH | 7 | $ 3,225,000 | $ 460,714 | $ 152,000 |
| Tampa, FL | 7 | $ 2,535,000 | $ 362,142 | $ 97,000 |
| Terre Haute, IN | 7 | $ 635,000 | $ 90,714 | $ 201,000 |
| Marietta, GA | 6 | $ 2,630,000 | $ 438,333 | $ 192,000 |
| Portland-South Portland, ME | 6 | $ 1,620,000 | $ 270,000 | $ 116,000 |
| Riverside-San Bernardino-Ontario, CA | 6 | $ 2,820,000 | $ 470,000 | $ 155,000 |
| San Jose-Sunnyvale-Santa Clara, CA | 6 | $ 4,150,000 | $ 691,666 | $ 235,000 |
| Charlotte-Concord-Gastonia, NC-SC | 5 | $ 2,165,000 | $ 433,000 | $ 126,600 |
| Oklahoma City, OK | 5 | $ 825,000 | $ 165,000 | $ 164,000 |
| Oxnard-Thousand Oaks-Ventura, CA | 5 | $ 4,215,000 | $ 843,000 | $ 345,000 |
| Salisbury, MD-DE | 5 | $ 795,000 | $ 159,000 | $ 105,000 |
| San Diego-Carlsbad, CA | 5 | $ 2,585,000 | $ 517,000 | $ 136,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 4 | $ 830,000 | $ 207,500 | $ 181,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 4 | $ 1,480,000 | $ 370,000 | $ 320,000 |
| Newark, NJ-PA | 4 | $ 1,570,000 | $ 392,500 | $ 167,000 |
| St. Petersburg-Clearwater-Largo, FL | 4 | $ 2,040,000 | $ 510,000 | $ 182,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 4 | $ 1,880,000 | $ 470,000 | $ 216,000 |
| Allentown-Bethlehem-Easton, PA-NJ | 3 | $ 1,465,000 | $ 488,333 | $ 344,000 |
| Anaheim-Santa Ana-Irvine, CA | 3 | $ 2,545,000 | $ 848,333 | $ 216,000 |
| Dallas-Plano-Irving, TX | 3 | $ 895,000 | $ 298,333 | $ 62,000 |
| Harrisburg-Carlisle, PA | 3 | $ 235,000 | $ 78,333 | $ 314,000 |
| Houston-The Woodlands-Sugar Land, TX | 3 | $ 755,000 | $ 251,666 | $ 153,000 |
| Palm Bay-Melbourne-Titusville, FL | 3 | $ 785,000 | $ 261,666 | $ 116,000 |
| Philadelphia, PA | 3 | $ 555,000 | $ 185,000 | $ 79,000 |
| Port St. Lucie, FL | 3 | $ 1,485,000 | $ 495,000 | $ 194,000 |
| Portland-Vancouver-Hillsboro, OR-WA | 3 | $ 975,000 | $ 325,000 | $ 123,000 |
| Rome, GA | 3 | $ 485,000 | $ 161,666 | $ 98,000 |
| St. Louis, MO-IL | 3 | $ 325,000 | $ 108,333 | $ 188,000 |
| Augusta-Richmond County, GA-SC | 2 | $ 560,000 | $ 280,000 | $ 151,000 |
| Austin-Round Rock, TX | 2 | $ 600,000 | $ 300,000 | $ 120,000 |
| Chattanooga, TN-GA | 2 | $ 1,150,000 | $ 575,000 | $ 170,000 |
| Chicago-Naperville, IL | 2 | $ 1,180,000 | $ 590,000 | $ 282,000 |
| Colorado Springs, CO | 2 | $ 800,000 | $ 400,000 | $ 134,000 |
| Columbus, OH | 2 | $ 420,000 | $ 210,000 | $ 125,000 |
| Gainesville, GA | 2 | $ 320,000 | $ 160,000 | $ 142,000 |
| Hilton Head Island-Bluffton-Beaufort, SC | 2 | $ 1,380,000 | $ 690,000 | $ 410,000 |
| Joplin, MO | 2 | $ 820,000 | $ 410,000 | $ 0 |
| Knoxville, TN | 2 | $ 720,000 | $ 360,000 | $ 70,000 |
| Lakeland-Winter Haven, FL | 2 | $ 440,000 | $ 220,000 | $ 134,000 |
| Lancaster, PA | 2 | $ 680,000 | $ 340,000 | $ 81,000 |
| Naples-Immokalee-Marco Island, FL | 2 | $ 730,000 | $ 365,000 | $ 267,000 |
| Ocala, FL | 2 | $ 650,000 | $ 325,000 | $ 142,000 |
| Orlando-Kissimmee-Sanford, FL | 2 | $ 450,000 | $ 225,000 | $ 71,000 |
| Sacramento--Roseville--Arden-Arcade, CA | 2 | $ 1,130,000 | $ 565,000 | $ 245,000 |
| San Antonio-New Braunfels, TX | 2 | $ 1,050,000 | $ 525,000 | $ 258,000 |
| Wilmington, NC | 2 | $ 810,000 | $ 405,000 | $ 97,000 |
| Anchorage, AK | 1 | $ 275,000 | $ 275,000 | $ 63,000 |
| Anniston-Oxford-Jacksonville, AL | 1 | $ 95,000 | $ 95,000 | $ 21,000 |
| Atlantic City-Hammonton, NJ | 1 | $ 315,000 | $ 315,000 | $ 109,000 |
| Birmingham-Hoover, AL | 1 | $ 125,000 | $ 125,000 | $ 218,000 |
| Boise City, ID | 1 | $ 805,000 | $ 805,000 | $ 242,000 |
| Cape Coral-Fort Myers, FL | 1 | $ 365,000 | $ 365,000 | $ 167,000 |
| Clarksville, TN-KY | 1 | $ 405,000 | $ 405,000 | $ 130,000 |
| College Station-Bryan, TX | 1 | $ 195,000 | $ 195,000 | $ 173,000 |
| Columbia, MO | 1 | $ 605,000 | $ 605,000 | $ 200,000 |
| Denver-Aurora-Lakewood, CO | 1 | $ 505,000 | $ 505,000 | $ 115,000 |
| Elgin, IL | 1 | $ 345,000 | $ 345,000 | $ 156,000 |
| Fort Smith, AR-OK | 1 | $ 75,000 | $ 75,000 | $ 76,000 |
| Fort Worth-Arlington, TX | 1 | $ 225,000 | $ 225,000 | $ 45,000 |
| Gadsden, AL | 1 | $ 105,000 | $ 105,000 | $ 21,000 |
| Grand Rapids-Wyoming, MI | 1 | $ 265,000 | $ 265,000 | $ 60,000 |
| Greeley, CO | 1 | $ 565,000 | $ 565,000 | $ 144,000 |
| Greenville, NC | 1 | $ 355,000 | $ 355,000 | $ 76,000 |
| Greenville-Anderson-Mauldin, SC | 1 | $ 265,000 | $ 265,000 | $ 68,000 |
| Gulfport-Biloxi-Pascagoula, MS | 1 | $ 105,000 | $ 105,000 | $ 162,000 |
| Huntsville, AL | 1 | $ 155,000 | $ 155,000 | $ 115,000 |
| Indianapolis-Carmel-Anderson, IN | 1 | $ 305,000 | $ 305,000 | $ 141,000 |
| Jackson, TN | 1 | $ 155,000 | $ 155,000 | $ 131,000 |
| Jacksonville, FL | 1 | $ 775,000 | $ 775,000 | $ 154,000 |
| Lincoln, NE | 1 | $ 255,000 | $ 255,000 | $ 182,000 |
| Macon-Bibb County, GA | 1 | $ 295,000 | $ 295,000 | $ 70,000 |
| Madison, WI | 1 | $ 405,000 | $ 405,000 | $ 193,000 |
| Miami-Miami Beach-Kendall, FL | 1 | $ 425,000 | $ 425,000 | $ 572,000 |
| Montgomery County-Bucks County-Chester County, PA | 1 | $ 495,000 | $ 495,000 | $ 208,000 |
| Myrtle Beach-Conway-North Myrtle Beach, SC-NC | 1 | $ 205,000 | $ 205,000 | $ 183,000 |
| North Port-Sarasota-Bradenton, FL | 1 | $ 425,000 | $ 425,000 | $ 151,000 |
| Oakland-Hayward-Berkeley, CA | 1 | $ 725,000 | $ 725,000 | $ 180,000 |
| Olympia-Tumwater, WA | 1 | $ 695,000 | $ 695,000 | $ 207,000 |
| Raleigh, NC | 1 | $ 605,000 | $ 605,000 | $ 281,000 |
| Salem, OR | 1 | $ 305,000 | $ 305,000 | $ 90,000 |
| Santa Fe, NM | 1 | $ 765,000 | $ 765,000 | $ 211,000 |
| Sherman-Denison, TX | 1 | $ 535,000 | $ 535,000 | $ 171,000 |
| South Bend-Mishawaka, IN-MI | 1 | $ 235,000 | $ 235,000 | $ 929,000 |
| Syracuse, NY | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Tucson, AZ | 1 | $ 315,000 | $ 315,000 | $ 235,000 |
| Tulsa, OK | 1 | $ 235,000 | $ 235,000 | $ 238,000 |
| Tuscaloosa, AL | 1 | $ 375,000 | $ 375,000 | $ 78,000 |
| Urban Honolulu, HI | 1 | $ 435,000 | $ 435,000 | $ 138,000 |
| Visalia-Porterville, CA | 1 | $ 225,000 | $ 225,000 | $ 63,000 |
| Warren-Troy-Farmington Hills, MI | 1 | $ 575,000 | $ 575,000 | $ 231,000 |
| Washington-Baltimore-Arlington, DC | 1 | $ 765,000 | $ 765,000 | $ 266,000 |
| Youngstown-Warren-Boardman, OH-PA | 1 | $ 55,000 | $ 55,000 | $ 137,000 |
Mortgage Loan Application Detail Totals for Evolve Bank & Trust in 2024
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Home Purchase | 1,633 | $538,525,000 | $329,000 | $2,605,000 | $150,000 | $2,189,000 |
| Refinancing | 129 | $41,515,000 | $321,000 | $1,405,000 | $175,000 | $1,406,000 |
| Cash-out Refinancing | 113 | $40,725,000 | $360,000 | $955,000 | $141,000 | $995,000 |
| Home Improvement | 12 | $2,060,000 | $171,000 | $755,000 | $163,000 | $515,000 |
| Other Purpose | 12 | $3,220,000 | $268,000 | $525,000 | $117,000 | $259,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 1,091 | $367,855,000 | $337,000 | $1,415,000 | $161,000 | $1,824,000 |
| Black or African American | 299 | $84,745,000 | $283,000 | $775,000 | $111,000 | $695,000 |
| Hispanic | 213 | $73,135,000 | $343,000 | $1,595,000 | $112,000 | $604,000 |
| Not Provided | 110 | $39,700,000 | $360,000 | $1,145,000 | $176,000 | $661,000 |
| Asian | 105 | $40,565,000 | $386,000 | $1,125,000 | $218,000 | $2,189,000 |
| Not applicable | 70 | $17,670,000 | $252,000 | $2,605,000 | $0 | $0 |
| American Indian or Alaskan Native | 9 | $2,035,000 | $226,000 | $515,000 | $87,000 | $135,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $340,000 | $170,000 | $175,000 | $61,000 | $70,000 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 1,442 | $476,360,000 | $330,000 | $2,605,000 | $168,000 | $2,189,000 |
| FHA-insured (Federal Housing Administration) | 367 | $116,575,000 | $317,000 | $1,065,000 | $99,000 | $366,000 |
| VA-guaranteed (Veterans Administration) | 73 | $29,105,000 | $398,000 | $1,055,000 | $117,000 | $327,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 17 | $4,005,000 | $235,000 | $415,000 | $88,000 | $133,000 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 1,427 | $464,115,000 | $325,000 | $2,515,000 | $152,000 | $2,189,000 |
| Application Withdrawn By Applicant | 370 | $126,180,000 | $341,000 | $2,605,000 | $152,000 | $1,108,000 |
| Application Denied By Financial Institution | 82 | $27,720,000 | $338,000 | $765,000 | $132,000 | $776,000 |
| Application Approved But Not Accepted | 18 | $6,860,000 | $381,000 | $1,045,000 | $164,000 | $500,000 |
| Preapproval Approved but not Accepted | 2 | $1,170,000 | $585,000 | $1,105,000 | $171,000 | $230,000 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Not applicable | 1,817 | $598,325,000 | $329,000 | $2,605,000 | $152,000 | $2,189,000 |
| Other | 22 | $7,390,000 | $335,000 | $755,000 | $116,000 | $297,000 |
| Debt-To-Income Ratio | 20 | $6,980,000 | $349,000 | $585,000 | $102,000 | $472,000 |
| Collateral | 19 | $7,415,000 | $390,000 | $735,000 | $161,000 | $490,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 7 | $2,745,000 | $392,000 | $765,000 | $218,000 | $776,000 |
| Credit History | 6 | $1,620,000 | $270,000 | $535,000 | $153,000 | $366,000 |
| Employment History | 5 | $1,015,000 | $203,000 | $345,000 | $87,000 | $171,000 |
| Unverifiable Information | 3 | $555,000 | $185,000 | $265,000 | $102,000 | $169,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Evolve Bank & Trust's 2024 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Evolve Bank & Trust's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Tennessee, download the full spreadsheet
with aggregated HMDA statistics today.
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