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Evans Bancorp Net Income Increases 12% to $3.7 Million in the 2019 First Quarter

April 24, 2019 4:15 PM EDT

HAMBURG, N.Y.--(BUSINESS WIRE)-- Evans Bancorp, Inc. (the Company or Evans) (NYSE American: EVBN),

a community financial services company serving Western New York since 1920, today reported its results of operations for the first quarter ended March 31, 2019.

FIRST QUARTER 2019 HIGHLIGHTS (compared with prior-year period unless otherwise noted)

Net income of $3.7 million, up 12%; Earnings per diluted share grew 10% to $0.75 Net interest income increased 9% to $12.5 million Non-interest income of $4.2 million increased 11% on strength of insurance business... More