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In the Lead Family-Owned Businesses - D.L. Evans Bank
In the Lead Family-Owned Businesses – D.L. Evans Bank
IBR Staff//October 24, 2024//
Owner: Majority owned by the Evans family
Years in business: 120 years
Number of employees: 459
Location: Burley, Idaho
With more than $3.2 billion in assets, D.L. Evans Bank is focused on helping the communities it is located in grow and prosper. Last year, the bank’s revenue was $143.7 million, up more than $23 million from the previous year.
The bank was founded out of need for the safekeeping of funds from farmers and miners. It was the only local bank established in the state at the time and was founded with $25,000. D.L. Evans Bank survived the Great Depression, recessions, the global pandemic and other challenges to continue operating.
Two generations of Evans family members work in the bank’s daily operations and serve on the board of directors.
Looking ahead, the bank plans to continue growing its customer base while serving the local communities through volunteering, donations and sponsorships of various events and nonprofits organizations.
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