Statement of Condition

Report to Our Members

For over 90 years Evergreen has been making loans, encouraging thrift, and reinvesting in the communities we serve. We are proud of our ability to stay true to our Mutual charter mission. As Evergreen continues to grow stronger than ever, we look forward to continuing to serve Southern Oregon: by engaging with our customers locally, listening to their needs, and making a positive difference where they live.

In 2024 some of our highlights included:

• Another profitable year increasing retained earnings to more than $76 million
• Another year ending with NO real estate owned through foreclosure
• Helping our customers buy, build, and refinance their homes with more than $51 million in mortgage lending
• Stimulating our local economy by originating over $14 million in commercial loans
• Earning BauerFinancial's highest 5-Star rating of "Sustained Superiority Bank" 
• Community involvement with over two thousand hours of staff service and volunteerism.

"Thank you for continuing to place your trust in Evergreen and for your support of what we have been able to do in our community."

- Boyd Elkins, President/CEO

 Evergreen Federal Bank, Statement of Condition as of December 31, 2024