Evans Bancorp, Inc. Announces Semi-Annual Dividend

HAMBURG, N.Y.–(BUSINESS WIRE)–Evans Bancorp, Inc. (the “Company” or “Evans”) (NYSE American: EVBN), a community financial services company serving Western New York since 1920, announced that its Board of Directors declared a cash dividend of $0.52 per share on its outstanding common stock. The dividend is payable on October 2, 2019 to shareholders of record as of September 11, 2019. The Company has approximately 4.9 million shares outstanding.

About Evans Bancorp, Inc.

Evans Bancorp, Inc. is a financial holding company and the parent company of Evans Bank, N.A., a commercial bank with $1.5 billion in assets and $1.3 billion in deposits at June 30, 2019. Evans is a full-service community bank, with 15 financial centers providing comprehensive financial services to consumer, business and municipal customers throughout Western New York. Evans Bancorp’s wholly owned insurance subsidiary, The Evans Agency, LLC, provides life insurance, employee benefits, and property and casualty insurance through ten insurance offices in the Western New York region. Evans Investment Services provides non-deposit investment products, such as annuities and mutual funds.

Evans Bancorp, Inc. and Evans Bank routinely post news and other important information on their websites, at www.evansbancorp.com and www.evansbank.com.

Contacts

John Connerton

Executive Vice President & Chief Financial Officer

Phone: (716) 926-2000

Email: [email protected]

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Deborah K. Pawlowski

Kei Advisors LLC

Phone: (716) 843-3908

Email: [email protected]

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