The Crow-Kimura model is commonly used in the modeling of genetic evolution in the presence of mutations and associated selection pressures. We consider a modified version of the Crow-Kimura model, in which population sizes are not fixed and Allee saturation effects are present. We demonstrate the evolutionary dynamics in this system through an analytical approach, examining both symmetric and single-peak fitness landscape cases. Especially interesting are the dynamics of the populations near extinction. A special version of the model with saturation and degradation on the single-peak fitness landscape is investigated as a candidate of the Allee effect in evolution, revealing reduction tendencies of excessively large populations, and extinction tendencies for small populations. The analytical solutions for these dynamics are presented with accuracy O(1/N), where N is the number of nucleotides in the genome.