D. L. Evans Bank was founded on September 15, 1904, in Albion, Idaho by David Lloyd (D.L.) Evans and a pioneering group of southern Idaho businessmen. The bank was capitalized for $25,000. Communities developed in the following years, and with more people, the demand for bank services grew. In 1910, the bank moved to a two-story stone building in Albion, where it stayed for 60 years. The recession of the 1930s closed most banks in Idaho, but D. L. Evans Bank survived, continuing to provide customers with essential financial services. The Burley branch opened in 1979, with John V. Evans Jr., a great-grandson of the founder, as manager. On December 31, 1986, he became CEO and announced that his father, then-governor John V. Evans Sr., would join the bank as president after his term as govern