BNET Industries
Market Cap:$33.4M
Last Fiscal Year Sales:$40.8M
- Public
- US
Dow Jones Description
Evans Bancorp, Inc. (the Company) is a New York business corporation which is registered as a financial holding company under the Bank Holding Company Act of 1956, as amended (the BHCA). The principal offices of the Company are located at 14-16 North Main Street, Angola, New York 14006 and its telephone number is (716) 926-2000. The Company was incorporated on October 28, 1988, but the continuity of its banking business is traced to the organization of the Evans National Bank of Angola on January 20, 1920. Except as the context otherwise requires, the Company and its direct and indirect subsidiaries are collectively referred to in this Report as the Company. The Companys common stock is traded on The NASDAQ Global Market system under the symbol EVBN.
President and CEODavid J. Nasca
Number of Employees 212
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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Evans Bancorp to Exit Leasing Business
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Evans Bancorp Reports Fourth Quarter and Full Year 2008 Earnings
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Evans Bancorp Acquires Suchak Data Systems, Inc.
News & Analysis
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evans bancorp inc. - All News and Analysis
Evans Bancorp Inc. The Wall Street Analyst Forum Call Transcript
Question-and-Answer SessionUnidentified Analyst Question Inaudible David Nasca Okay. Unidentified Analyst Question Inaudible David Nasca Okay. Let me restate the question for the folks around the webcast. The strike price for the warrant is the trailing 20-day average stock price. You're going to be approved, for example, we'll get notification...
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Additional Resources
Evans Bancorp Reports 2009 First Quarter Results
First quarter net loss of $1.25 million; impacted by higher provision for loan and lease losses and non-cash goodwill impairment ...
Evans Bancorp Reports Fourth Quarter and Full Year 2008 Earnings
ANGOLA, N.Y. -- Evans Bancorp, Inc. (NASDAQ: EVBN): * Net income increases 45.7% to $4.91 million in 2008; net operating income increases 2.8% to $5.32 million. * Net interest income increased 13.2% in fourth quarter compared with the prior year. * Fourth quarter net...
Evans Bancorp, Inc. to Present at The Wall Street Analyst Forum
ANGOLA, N.Y. -- Evans Bancorp, Inc., (NASDAQ: EVBN) announced today that David J. Nasca, President and CEO, and Gary A. Kajtoch, Senior Vice President and CFO, will present at The Wall Street Analyst Forum, at 9:10 a.m. on Monday, November 17, 2008, at the University Club in New York, NY....
Wall Street Media Presents an Exclusive Video from the Wall Street Analyst Forum
NEW YORK -- Wall Street Media presents an exclusive video of Mr. David Nasca, President and CEO, and Mr. Gary Kajtoch, SVP and CFO of Evans Bancorp, (NASDAQ: EVBN), discusses their growth strategy for the next 5 years. They will strengthen execution and profitability with a long-term goal of doubling...
Evans Bancorp Reports Increase in Net Income for the Third Quarter of 2008
* Net interest income increased 21.1% in third quarter compared with the prior year. * Total deposits grew at a 34.4% annualized rate in the third quarter. * Net loans and leases grew at a 20.4% annualized rate in the third quarter. * Net...
Evans Bancorp Raises Semi-Annual Dividend 10.8%
ANGOLA, N.Y. -- Evans Bancorp, Inc. (NASDAQ:EVBN) has announced that its Board of Directors declared on August 22 a semi-annual cash dividend of $0.41 per share on its outstanding common stock, which is an increase of 10.8% from the previous $0.37 rate paid April 1, 2008. The dividend is payable...
Evans Bank Opens New Branch on Elmwood Avenue in the City of Buffalo
Concurrently rolls out new brand identity HAMBURG, N.Y. -- Evans Bank, (parent company Evans Bancorp, Inc., NASDAQ: EVBN), announced that it has opened a new branch at 925 Elmwood Avenue in the Elmwood Village community, representing its 12th bank branch in Western New York. David J....
Evans Bancorp Reports Increase In Net Income for the Second Quarter of 2008
* Net interest income increased 15.2% in second quarter compared with the prior year * Net loans and leases grew at 31.2% annualized rate in the second quarter * Total deposits grew at 32.4% annualized rate in the second quarter * Net interest margin...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| David J. Nasca | President and CEO |
| James Tilley | CEO and Interim Treasurer |
| Gary A. Kajtoch | CFO, Treasurer & Senior Vice President |
| Howard M Martin | CTO & Vice President |
| William R. Glass | Chief Operating Officer |
| John B Connerton | Vice President, Controller |
| Mark A. Kasperczyk | Vice President, Branch Admin & Marketing |
| Sue Harold | Vice President & Director, HR |
| James Biddle | Secretary |
| Mark DeBacker | Treasurer |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| David M. Taylor | Board of Directors |
| John R. O'Brien | Vice Chairman |
| Kenneth C. Kirst | Board of Directors |
| Laverne G. Hall | Board of Directors |
| Mary Catherine Militello | Board of Directors |
| Nancy W. Ware | Board of Directors |
| Robert G. Miller | Board of Directors |
| Robert W. Allen | Board of Directors |
| Thomas H. Waring | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Evans National Bank | Chief Executive Officer | Current |
| Evans Bancorp Inc. | President and CEO | Current |
| Evans National Bank | President | Current |
| Evans Bancorp Inc. | Board of Directors | Current |
| Lifestage Inc | Chief Operating Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Evans Bancorp Inc. | CEO and Interim Treasurer | Current |
| Evans Bancorp Inc. | President | Current |
| Evans Bancorp Inc. | Board of Directors | Current |
| Evans National Bank | President & CEO | Former |
| Organization | Position | Status |
|---|---|---|
| Evans Bancorp Inc. | CFO, Treasurer & Senior Vice President | Current |
| Evans Bancorp Inc. | Treasurer | Current |
| Evans Bancorp Inc. | Treasurer (Principal Financial Officer) | Former |
| M&T Bank Corporation | Former |
| Organization | Position | Status |
|---|---|---|
| Evans Bancorp Inc. | CTO & Vice President | Current |
Mr. Glass is the Secretary of the Company and also serves as Senior Vice President of the Bank and Chief Executive Officer of Evans National Leasing, Inc. He has held the position of Senior Vice President since 1994 and the position of Chief Executive Officer of Evans National Leasing, Inc. since its inception in December 2004. Mr. Glass has served as Secretary of the Company since April 2006. Mr. Glass served as Assistant Secretary of the Company from April 2003 until April 2006. He acted as Treasurer of the Company from 1994 to April 2003. Mr. Glass serves as Senior Vice President of the Bank pursuant to an employment agreement with the Bank.
| Organization | Position | Status |
|---|---|---|
| Evans Bancorp Inc. | Chief Operating Officer | Current |
| Evans Bancorp Inc. | Board of Directors | Current |
| Evans Bancorp Inc. | Senior Vice President | Former |
| Evans Bancorp Inc. | Assistant Secretary | Former |
| Organization | Position | Status |
|---|---|---|
| Evans Bancorp Inc. | Vice President, Controller | Current |
| Evans Bancorp Inc. | Principal Accounting Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Evans Bancorp Inc. | Vice President, Branch Admin & Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Evans Bancorp Inc. | Vice President & Director, HR | Current |
| Evans Bancorp Inc. | Director, Hr | Former |
| Organization | Position | Status |
|---|---|---|
| St. Joseph Hospital Foundation | President, Mader Construction Company | Current |
| Mader Construction Corp | Chief Financial Officer | Current |
| Arric Corporation | Vice President | Current |
| Evans Bancorp Inc. | Secretary | Current |
| Mader Construction Corp | Chairman | Current |
| Arric Corporation | Treasurer | Current |
| Evans Bancorp Inc. | Board of Directors | Current |
| Mader Construction Corp | Treasurer | Current |
| St. Joseph Hospital Foundation | Board of Directors | Current |
| Mader Construction Corp | CEO | Former |
| Mader Construction Corp | Controller & Director, Finance | Former |
| Le Moyne College | Former |
| Organization | Position | Status |
|---|---|---|
| Evans Bancorp Inc. | Treasurer | Current |
| Evans Bancorp Inc. | Treasurer | Current |
Mr. Taylor has been a director of the Company since 1986. He has served as the President of Concord Nurseries, Inc., a shrub, fruit and tree wholesale nursery, since 1985.
| Organization | Position | Status |
|---|---|---|
| Concord Nurseries, Inc. | President | Current |
| Evans Bancorp Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Evans Bancorp Inc. | Vice Chairman | Current |
| Evans Bancorp Inc. | Board of Directors | Current |
| Evans Bancorp Inc. | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Kirst Construction Inc | Executive Vice President | Current |
| Evans Bancorp Inc. | Board of Directors | Current |
| Kirst Construction Inc | Vice President | Former |
| Hamburg Chamber of Commerce | Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Evans Bancorp Inc. | Board of Directors | Current |
Mrs. Militello has been a director of the Company since 2004. She has owned and managed Militello Marketing, a marketing consulting company, since 1999.
| Organization | Position | Status |
|---|---|---|
| Evans Bancorp Inc. | Board of Directors | Current |
Mrs. Ware has been a director of the Company since 2003. She has served as the President of EduKids, Inc. Early Childhood Centers since 1989.
| Organization | Position | Status |
|---|---|---|
| Evans Bancorp Inc. | Board of Directors | Current |
| Edukids, Inc. | President | Former |
| Organization | Position | Status |
|---|---|---|
| ENB Insurance Agency, Inc. | President | Current |
| Evans Bancorp Inc. | Board of Directors | Current |
| Mw Group, Ltd | President | Former |
| Evans Bancorp Inc. | Assistant Secretary | Former |
| Organization | Position | Status |
|---|---|---|
| Evans Bancorp Inc. | Board of Directors | Current |
Mr. Waring has been a director of the Company since 1998. He has owned and managed Waring Financial Group, a financial planning, insurance and financial services and sales firm, since 1996.
| Organization | Position | Status |
|---|---|---|
| Evans Bancorp Inc. | Board of Directors | Current |
| Evans Bancorp Inc. | Vice Chairman of the Board, Director | Former |
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