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Evolve Bank & Trust Names Joe Jenkins President of Arkansas Markets

MEMPHIS, Tenn., March 8, 2012 — Evolve Bank & Trust named JOE JENKINS as president of its Arkansas markets. A member of Evolve Bank & Trust's board of directors since 2009, Jenkins has more than 40 years of banking experience and was chairman and president of the former Citizens Bank in Marion, Arkansas.

"Joe knows Arkansas — banking and community, and he is passionate about both," said Scott Stafford, president and CEO of Evolve Bank & Trust. "We couldn't be more pleased that he has agreed to step beyond the board and back into the day-to-day operations of community banking with the Evolve leadership team."

Jenkins is a graduate of Arkansas State University and The Stonier Graduate School of Banking of Rutgers University. He served as an instructor and board chairman of The Mid-South School of Banking in Memphis. During his banking career, Jenkins served on the Arkansas Bank Holding Company Board and was a member of the committee that rewrote the banking laws for the State of Arkansas.

He presently serves as the chairman of the board of The Assisi Foundation of Memphis, Inc. Jenkins has served on the Arkansas affiliate and the national board of the American Heart Association. He was Chairman of the Mid-South Community College Foundation Board and the Crittenden County Regional Hospital Board and was a founding member of the Esperanza Bonanza Festival in Marion, Arkansas.

"Joe is the ideal person to step into this role," said B. Scot Lenoir, chairman of Evolve Financial Group (EFG), the holding company of Evolve Bank & Trust. "He has been involved in Arkansas banking for decades and has always had his finger on the pulse of the business and the communities he has served. We are looking forward to his vision and leadership as we continue to grow our operations in Arkansas."

"I am honored to be part of a great organization and group of people who are committed to Crittenden, Cross and Monroe Counties and eastern Arkansas," said Jenkins. "It is well-worth coming out of retirement to support Evolve's growth and to give my hometown and former customers the superior banking experience they deserve."

About Evolve Bank & Trust (http://www.getevolved.com)

Established in 1925, Evolve Bank & Trust conducts business throughout eastern Arkansas and Memphis, Tennessee, with a strong emphasis on all areas of lending — including consumer, residential, agricultural, commercial, and small-business lending. The bank offers a wide array of competitively priced loan and deposit products and services, and is actively involved in helping its communities grow. Additionally, the bank offers its products and services — including mortgages, SBA and USDA loans, trust services and deposits — through its network of offices located throughout the U.S. Evolve Bank & Trust has full-service branches in Brinkley, Parkin, West Memphis and Wynne, Arkansas; and Memphis, Tennessee.

Evolve Financial Group, Inc. is the Memphis-based holding company of Evolve Bank & Trust.

CONTACT:
W. Scott Stafford, President
901.624.2555
Email

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