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Evans Bancorp: 4Q Earnings Snapshot

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HAMBURG, N.Y. (AP) _ Evans Bancorp Inc. (EVBN) on Thursday reported net income of $4.5 million in its fourth quarter.

The bank, based in Hamburg, New York, said it had earnings of 90 cents per share.

The bank posted revenue of $18.3 million in the period. Its revenue net of interest expense was $15.4 million, which beat Street forecasts.

For the year, the company reported profit of $16.4 million, or $3.32 per share. Revenue was reported as $63.3 million.

Evans Bancorp shares have climbed nearly 8 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $35, a fall of 18 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EVBN at https://www.zacks.com/ap/EVBN