Evans Bancorp Reports Second Quarter 2020 Results
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Evans Bancorp (EVBN) Reports Q2 EPS of $0.09
July 29, 2020 5:12 PM EDTEvans Bancorp (NYSE: EVBN) reported Q2 EPS of $0.09, versus $0.04 reported last year.
Net income was $0.5 million, or $0.09 per diluted share, in the second quarter of 2020, compared with $0.2 million, or $0.04 per diluted share in the first quarter of 2020 and $4.4 million, or $0.88 per diluted share in last years second quarter. The Companys second quarter 2020 results included $5.0 million in one-time merger costs related to the acquisition of Fairport Savings Bank (FSB) and a $0.6 million provision for loan loss reflecting the continued significant estimated economic impact of the... More
