EVANS BANCORP INC

Overview

• IndustryNational Commercial Banks¹
• HeadquartersHamburg, New York¹
• Incorporated inNY²
• Business addressOne Grimsby Drive, Hamburg, Ny 14075²
• Filer categoryAccelerated filer, Smaller reporting company²

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At December 31, 2024, the Company had consolidated total assets of $2.2 billion, deposits of $1.9 billion and stockholders’ equity of $183 million.³ From its latest annual report

Corporate structure

EVANS BANCORP INC sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What EVANS BANCORP INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Investments

Intangibles and goodwill

Properties, in its own words

At December 31, 2024, the Bank conducted its business from its administrative office and 18 branch offices. The administrative offices of the Company and the Bank are located at 6460 Main Street in Williamsville, NY. The administrative office facility is 50,000 square feet and is owned by the Bank. This facility is occupied by the Office of the President and Chief Executive Officer of the Company, as well as the Administrative and Loan Divisions of the Bank. The Bank also owns a building in Derby, NY.

Item 2 of the 10-K filed Mar 6, 2025.³

Leadership

Who has led EVANS BANCORP INC, and when. Pick a name to see everywhere that person has worked.

• Chief executive officerDavid J. Nasca Apr 24, 2007 to now¹³
• PresidentAaron Whitehouse Sep 4, 2019 to now¹⁴
• PresidentDavid J. Nasca Apr 24, 2007 to Sep 4, 2019¹³
• Chief financial officerGary A. Kajtoch Sep 4, 2007 to Oct 14, 2015¹⁵

Timeline

1. May 5, 20258-K Completed an acquisition or sale; Listing notice or transfer; Change to shareholders' rights⁴⁵
2. Feb 20, 20258-K Regulation FD disclosure⁴⁶
3. Feb 4, 20258-K Results of operations⁴⁷
4. Dec 20, 20248-K Shareholder vote; Other events⁴⁸
5. Dec 13, 20248-K Other events⁴⁹
6. Oct 31, 20248-K Results of operations⁵⁰
7. Sep 9, 20248-K Entered a material agreement; Other events⁵¹
8. Aug 21, 20248-K Regulation FD disclosure⁵²
9. Jul 30, 20248-K Results of operations⁵³
10. May 9, 20248-K Executive or director change⁵⁴
11. May 8, 20248-K Shareholder vote⁵⁵
12. Apr 30, 20248-K Results of operations⁵⁶
13. Apr 24, 2007New chief executive David J. Nasca becomes CEO¹³

Calendar

When it reported results

1. Feb 4, 2025Reported quarterly or annual results⁴⁷
2. Oct 31, 2024Reported quarterly or annual results⁵⁰
3. Jul 30, 2024Reported quarterly or annual results⁵³
4. Apr 30, 2024Reported quarterly or annual results⁵⁶
5. Feb 1, 2024Reported quarterly or annual results⁵⁷
6. Oct 26, 2023Reported quarterly or annual results⁵⁸
7. Jul 27, 2023Reported quarterly or annual results⁵⁹
8. Apr 27, 2023Reported quarterly or annual results⁶⁰

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

233 filings to the SEC since October 2021: 5 annual reports, 10 quarterly reports, 39 major events, 132 insider forms, 23 large holders, 24 other. The latest 20:

1. Jun 6, 2025SCHEDULE 13D/A EDGAR
2. May 15, 202515-12G EDGAR
3. May 5, 202525-NSE EDGAR
4. May 5, 2025S-3DPOS EDGAR
5. May 5, 2025S-3DPOS EDGAR
6. May 5, 2025S-3DPOS EDGAR
7. May 5, 2025S-3DPOS EDGAR
8. May 5, 2025S-8 POS EDGAR
9. May 5, 2025S-8 POS EDGAR
10. May 5, 2025S-8 POS EDGAR
11. May 5, 2025S-8 POS EDGAR
12. May 5, 2025S-8 POS EDGAR
13. May 5, 2025S-8 POS EDGAR
14. May 5, 2025S-8 POS EDGAR
15. May 5, 20258-K EDGAR
16. May 2, 20254 EDGAR
17. May 2, 20254 EDGAR
18. May 2, 20254 EDGAR
19. May 2, 20254 EDGAR
20. May 2, 20254 EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

33 open-market trades by officers, directors and large owners since October 2021: 17 buys and 16 sales. Grants, option exercises and gifts are left out.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

• PL Capital Advisors, LLCSCHEDULE 13D/A, 5 filings Feb 9, 2022 to Jun 6, 2025⁶¹
• ENDEAVOUR CAPITAL ADVISORS INCSCHEDULE 13G/A, 2 filings Nov 6, 2024 to Feb 14, 2025⁶²
• Manulife FinancialSCHEDULE 13G/A, 4 filings Feb 16, 2022 to Feb 14, 2025⁶³
• FJ Capital Management LLCSCHEDULE 13G/A, 5 filings Feb 10, 2022 to Feb 5, 2025⁶⁴
• VANGUARD GROUP INCSC 13G/A, 3 filings Feb 13, 2024 to Nov 12, 2024⁶⁵
• BlackRockSC 13G/A, 2 filings Jan 26, 2024 to Jul 8, 2024⁶⁶
• Fourthstone LLCSC 13G/A, 2 filings Feb 14, 2023 to Feb 14, 2024⁶⁷

SEC filer profile

How EVANS BANCORP INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

• Name on EDGAREVANS BANCORP INC¹
• CIK0000842518
• Employer ID (EIN)16-1332767³
• Filer statusAccelerated filer a smaller reporting company; a shell company³
• Incorporated inNew York³
• Fiscal year endsDecember 31¹
• Industry code (SIC)6021 National Commercial Banks¹
• SEC reviewing officeOffice of Finance, Division of Corporation Finance¹
• Business addressOne Grimsby Drive, Hamburg, NY 14075¹
• Phone7169262032¹
• Shares outstanding5,567,382 shares as of Mar 3, 2025³
• Public float$149.0M as of Jun 30, 2024³
• AuditorCrowe LLP, Columbus, Ohio PCAOB ID 173³
• On EDGAR sinceAug 5, 1996¹
• Filings1,283 in all: 4 (586), 8-K (251), 5 (85), 10-Q (84), SC 13G/A (46), 10-K (29), DEF 14A (28), 3 (25)¹
  All 47 form types

  4/A (15), SC 13G (13), 425 (12), SC 13D/A (10), 8-K/A (7), S-8 (7), S-8 POS (7), 424B3 (6), CORRESP (5), EFFECT (5), 424B5 (4), DEFA14A (4), S-3D (4), S-3DPOS (4), SCHEDULE 13G/A (4), UPLOAD (4), 144 (3), ARS (3), REGDEX (3), S-3 (3), 10-K/A (2), 10QSB (2), D (2), FWP (2), S-4 (2), S-4/A (2), SC 13D (2), 10-Q/A (1), 11-K (1), 15-12G (1), 25 (1), 25-NSE (1), 424B2 (1), 8-A12B (1), CERTNYS (1), DEFM14A (1), PRE 14A (1), S-3/A (1), SCHEDULE 13D/A (1)

• Latest filingsAnnual report (10-K) Mar 6, 2025
  Quarterly report (10-Q) Nov 8, 2024
  Proxy statement (DEF 14A) Mar 25, 2024
  Latest 8-K (8-K) May 5, 2025

Securities registered for trading

From the cover page of the 10-K filed Mar 6, 2025 (Section 12(b) of the Exchange Act).³

Risk factors and legal proceedings

The risks EVANS BANCORP INC names in Item 1A of its 10-K filed Mar 6, 2025: 33 risks under these headings, as written.³

• Risks Related to our Pending Merger with NBT
• The Number of Shares of NBT Common Stock to be Exchanged per Share of Company Common Stock is Fixed and Will Not Be Adjusted if NBT’s Share Price Changes
• The Company Will Be Subject to Business Uncertainties and Contractual Restrictions While the Merger is Pending.
• The Merger Agreement Contains Provisions that Limit the Company’s Ability to Pursue Alternatives to the Merger and May Discourage Other Companies From Trying to Acquire the Company.
• The Merger Agreement May Be Terminated in Accordance With Its Terms and the Merger May Not Be Completed.
• Failure to Complete the Merger Could Negatively Impact the Stock Prices and Future Business and Financial Results of the Company.
• Shareholder Litigation Could Prevent or Delay the Closing of the Merger or Otherwise Negatively Affect the Business and Operations of the Company.
• Credit Risks
• Commercial Real Estate and Commercial Business Loans Expose the Company to Increased Credit Risks
• Continuing Concentration of Loans in the Company's Primary Market Area May Increase the Company's Risk
• In the Event the Company's Allowance for Credit Losses is Not Sufficient to Cover Actual Loan Losses, the Company's Earnings Could Decrease
• Environmental Factors May Create Liability

Legal proceedings

The nature of the Company’s business generates a certain amount of litigation involving matters arising in the ordinary course of business.

In addition, in connection with the Company’s proposed merger with NBT, following the announcement of the merger, between October 30, 2024 and December 9, 2024, the Company received a total of eight demand letters from counsel representing purported shareholders of the Company (collectively, the “Demand Letters”) and became aware of two complaints, James Jones v. Evans Bancorp, Inc. et al., Index No. 659506/2024, filed in the Supreme Court of New York, County of New York, on December 3, 2024, and Ryan Smith v. Evans Bancorp, Inc. et al., Index No. 659452/2024, filed in the Supreme Court of New York, County of New York, on December 5, 2024 (together, the “Complaints”). The Demand Letters and Complaints allege, among other things, that the Company and/or its directors caused a materially incomplete and misleading proxy statement relating to the merger to be filed with the SEC in violation of Section 14(a) and Section 20(b) of the Securities Exchange Act of 1934, as amended, and Rule 14a-9 promulgated thereunder.

The opening of Item 3, Legal Proceedings.³