Evans Bancorp (EVBN) Tops Q2 EPS by 12c

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Evans Bancorp Reports Net Income of $5.7 Million in Second Quarter 2022

July 27, 2022 4:15 PM EDT

WILLIAMSVILLE, 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 results of operations for the second quarter ended June 30, 2022.

SECOND QUARTER 2022 HIGHLIGHTS (compared with prior-year period unless otherwise noted)

Achieved second quarter net income of $5.7 million or $1.03 per diluted share Generated solid net interest income of $18.1 million despite significantly lower PPP fees as the program nears conclusion Total loan balances increased 4%, excluding PPP loans Total... More