Evans Bancorp (NYSE: EVBN) reported Q3 EPS of $0.97, $0.11 better than the analyst estimate of $0.86.

• Net income increased 29% to $4.8 million; Earnings per diluted share grew 28% to $0.97
• Net interest income increased 9% to $12.1 million
• Loan portfolio of $1.2 billion up $30 million in the quarter, or 11% on an annualized basis
• 9% growth of average demand deposits
• Acquisition of Richardson & Stout Insurance Agency (“R&S”) contributed to total insurance revenue of $3.2 million, an increase of 48%
• Recognized $350,000 of community investments in the third quarter

For earnings history and earnings-related data on Evans Bancorp (EVBN) click here.