Evans Bancorp (NYSE: EVBN) reported Q4 EPS of $0.90, $0.01 better than the analyst estimate of $0.89.

• Net interest income in the fourth quarter increased 11% to $12.4 million driven by higher average loans
• Average demand deposits in the fourth quarter grew 13%
• Acquisition of Richardson & Stout Insurance Agency (“R&S”) contributed to total insurance revenue of $9.4 million, an increase of 19%
• 2018 efficiency ratio improved to 66.87% from 68.50%
• Opened new Financial Center in downtown Buffalo during fourth quarter 2018

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