Evans Bancorp, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
January 31, 2020 at 02:45 am IST
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Evans Bancorp, Inc. announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net interest income was USD 12.792 million compared to USD 12.373 million a year ago. Net income was USD 4.618 million compared to USD 4.451 million a year ago. Diluted earnings per share was USD 0.93 compared to USD 0.9 a year ago.
For the full year, net interest income was USD 52.055 million compared to USD 48.107 million a year ago. Net income was USD 17.884 million compared to USD 16.356 million a year ago. Diluted earnings per share was USD 3.6 compared to USD 3.32 a year ago.
Evans Bancorp, Inc. is a financial holding company. The Company conducts its business through its two direct, wholly owned subsidiaries: Evans Bank, National Association (the Bank), and the Bankâs subsidiaries, Evans National Leasing, Inc. (ENL), and Evans National Holding Corp. (ENHC); and Evans National Financial Services, LLC (ENFS). The Company operates through banking activities segment. The banking activities segment includes both commercial and consumer banking services, including a range of lending and depository services, as well as offering non-deposit investment products, such as annuities and mutual funds. The Bank operates through approximately eight branches providing financial services to consumer, business and municipal customers throughout Western New York.
EVANS BANCORP, INC. 
