Company research
EVANS BANCORP INC
CIK 842518Updated Sep 24, 2026
Filing activity
Latest filing
50 filings on record · SCHEDULE 13D/A, 15-12G, S-3DPOS, S-8 POS, 8-K, 25-NSE.
Financials
FY 2024 · USDSource
Source
balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,187,465,000Source | 2,108,663,000Source | 2,178,510,000Source | 2,210,640,000Source |
| Property, Plant and Equipment, NetUSD | 14,152,000Source | 15,397,000Source | 16,999,000Source | 17,789,000Source |
| GoodwillUSD | 1,768,000Source | 1,768,000Source | 12,702,000Source | 12,702,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 78,000Source | 94,000Source | 1,227,000Source | 1,627,000Source |
| Operating Lease, Right-of-Use AssetUSD | 3,828,000Source | 3,781,000Source | 4,392,000Source | 4,826,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 2,004,322,000Source | 1,930,444,000Source | 2,024,517,000Source | 2,026,748,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 2,814,000Source | 2,803,000Source | 2,775,000Source | 2,744,000Source |
| Retained Earnings (Accumulated Deficit)USD | 142,943,000Source | 138,631,000Source | 123,356,000Source | 108,024,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -43,943,000Source | -42,271,000Source | -49,278,000Source | -5,671,000Source |
| Stockholders' Equity Attributable to ParentUSD | 183,143,000Source | 178,219,000Source | 153,993,000Source | 183,892,000Source |
| Additional Paid in Capital, Common StockUSD | 83,207,000Source | 82,712,000Source | 81,031,000Source | 78,795,000Source |
| Liabilities and EquityUSD | 2,187,465,000Source | 2,108,663,000Source | 2,178,510,000Source | 2,210,640,000Source |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 1,283,000Source | 980,000Source | 1,206,000Source | 947,000Source |
| Deferred Income Tax Expense (Benefit)USD | -966,000Source | -900,000Source | 251,000Source | 1,520,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -2,757,000Source | 15,699,000Source | 26,407,000Source | 20,512,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | 900,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -51,109,000Source | 89,367,000Source | -236,575,000Source | -22,620,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 343,000Source | 517,000Source | 1,008,000Source | 1,033,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 204,000Source | — | 4,140,000Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 73,115,000Source | -104,653,000Source | -11,563,000Source | 149,289,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 7,288,000Source | 7,223,000Source | 6,942,000Source | 6,541,000Source |
| Repayments of Long-term DebtUSD | 6,078,000Source | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 42,716,000Source | 23,467,000Source | 23,054,000Source | 244,785,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 8,962,000Source | 8,681,000Source | 3,327,000Source | 5,790,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 17,000Source | 367,000Source | 400,000Source | 537,000Source |
| Bank Owned Life Insurance IncomeUSD | 1,006,000Source | 932,000Source | 707,000Source | 853,000Source |
| DepreciationUSD | 1,500,000Source | 1,700,000Source | 1,700,000Source | 1,800,000Source |
| Depreciation, Amortization and Accretion, NetUSD | 1,236,000Source | 1,559,000Source | 1,647,000Source | 1,260,000Source |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on DisposalUSD | — | 20,160,000Source | — | — |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | — | -5,044,000Source | — | — |
| Gain (Loss) on Sale of InvestmentsUSD | 598,000Source | -31,000Source | 196,000Source | -135,000Source |
| Gain (Loss) on Sale of Mortgage LoansUSD | — | 179,000Source | 95,000Source | 11,000Source |
| Gain (Loss) on Sales of Loans, NetUSD | 483,000Source | 179,000Source | 95,000Source | 11,000Source |
| GoodwillUSD | 1,768,000Source | 1,768,000Source | 12,702,000Source | 12,702,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 11,000Source | 11,000Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | 0Source | — | — | — |
| Income Tax Expense (Benefit)USD | 2,314,000Source | 10,206,000Source | 7,163,000Source | 7,883,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 11,954,000Source | 24,524,000Source | 22,389,000Source | 24,043,000Source |
| Operating Lease, ExpenseUSD | 1,100,000Source | 1,100,000Source | 1,100,000Source | 1,100,000Source |
| Proceeds from Issuance of Common StockUSD | 385,000Source | 743,000Source | 1,051,000Source | 890,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 17,466,000Source | 25,358,000Source | 19,066,000Source | 37,928,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | 2,236,000Source | 18,000Source | — | — |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 655,000Source | 10,261,000Source | 10,453,000Source | 10,457,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 14,268,000Source | 34,730,000Source | — | — |
| Income Tax Expense (Benefit)USD | 2,314,000Source | 10,206,000Source | 7,163,000Source | 7,883,000Source |
| Earnings Per Share, BasicUSD per share | 2.16Source | 4.49Source | 4.07Source | 4.41Source |
| Earnings Per Share, DilutedUSD per share | 2.16Source | 4.48Source | 4.04Source | 4.37Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 5,527,422Source | 5,456,250Source | 5,495,044Source | 5,447,057Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 5,541,373Source | 5,471,033Source | 5,536,375Source | 5,501,511Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 17,000Source | 367,000Source | 400,000Source | 537,000Source |
| Bank Owned Life Insurance IncomeUSD | 1,006,000Source | 932,000Source | 707,000Source | 853,000Source |
| Current Income Tax Expense (Benefit)USD | 3,280,000Source | 11,106,000Source | 6,912,000Source | 6,363,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | — | -5,044,000Source | — | — |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 11,000Source | 11,000Source |
| Interest ExpenseUSD | — | 35,642,000Source | 6,527,000Source | 4,795,000Source |
| InterestExpenseOperatingUSD | 50,950,000Source | — | — | — |
| Interest Income (Expense), NetUSD | 58,968,000Source | 61,208,000Source | 72,955,000Source | 72,785,000Source |
| Labor and Related ExpenseUSD | 30,637,000Source | 37,047,000Source | 38,854,000Source | 38,612,000Source |
| Marketing and Advertising ExpenseUSD | 935,000Source | 1,207,000Source | 1,159,000Source | 1,427,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 11,954,000Source | 24,524,000Source | 22,389,000Source | 24,043,000Source |
| Operating Lease, ExpenseUSD | 1,100,000Source | 1,100,000Source | 1,100,000Source | 1,100,000Source |