Evans Bancorp, Inc. Reports Net Charge-Offs for the Third Quarter Ended September 30, 2023
October 26, 2023 at 04:15 pm
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Evans Bancorp, Inc. reported net charge-offs for the third quarter ended September 30, 2023. For the quarter, the company reported total net loan charge-offs of $35,000 against $1,518,000 a year ago.
Evans Bancorp, Inc. is a financial holding company. The Company conducts its business through its two direct, wholly owned subsidiaries: Evans Bank, National Association (the Bank), and the Bankâs subsidiaries, Evans National Leasing, Inc. (ENL), and Evans National Holding Corp. (ENHC); and Evans National Financial Services, LLC (ENFS). The Company operates through banking activities segment. The banking activities segment includes both commercial and consumer banking services, including a range of lending and depository services, as well as offering non-deposit investment products, such as annuities and mutual funds. The Bank operates through approximately eight branches providing financial services to consumer, business and municipal customers throughout Western New York.