Evans Bancorp (EVBN) Misses Q1 EPS by 6c

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Go back to Evans Bancorp (EVBN) Misses Q1 EPS by 6c

Evans Bancorp Reports Net Income of $4.9 Million in First Quarter 2021

April 29, 2021 4:15 PM EDT

WILLIAMSVILLE, NY.--(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, 2021. Results include the acquisition of Fairport Savings Bank (FSB), effective May 1, 2020.

FIRST QUARTER 2021 HIGHLIGHTS (compared with prior-year period unless otherwise noted)

Originated $89 million of PPP loans and $90 million of other commercial loans during the first quarter Net interest income increased 30% to $16.6 million reflecting the FSB acquisition and fees earned in connection... More