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Evans Bank says it would add 20 jobs as part of its plan to relocate its administrative offices to Amherst from Hamburg. The bank outlined its plans in an application for benefits from the Amherst Industrial Development Agency. Evans estimates it will cost $7.65 million to acquire, renovate and equip 6460 Main St. in Amherst, the former home of Buffalo Cardiology & …

Buffalo

A group of 10 banks and local philanthropic foundations – including M&T Bank Corp. and the Ralph C. Wilson Jr. Foundation – are pledging more than $8 million to support nonprofit organizations working on Buffalo's East Side, building off the state's recent commitment of $50 million to benefit the same impoverished areas. The partnership is creating a pooled investme…

Business

Evans Bancorp's fourth-quarter profits more than quadrupled, capping a year of record-setting profits for the Hamburg-based banking company. The parent of Evans Bank reported profits of $4.5 million, or 90 cents per share, up from $1 million, or 20 cents per share, a year ago. For the year, Evans earned $16.4 million in 2018, up 56 percent from the year before. The b…

Prospectus

As banks try to grab more deposit market share and attract more business clients, they are scooping up experienced personnel from competitors and giving them new roles. Big players in the region are also hiring and promoting new people to important roles, eager to keep their edge over their competitors. Here is a look at one up-and-comer at area banks; click here to see mo…

Business

Cybersecurity threats to businesses are seemingly everywhere. Hackers try to break into computer systems and grab sensitive data. Sometimes the hackers hold the data hostage in "ransomware attacks," demanding businesses pay up to reclaim their data. Randy Glenn has developed a specialty in these threats, as a cyber risk manager with the Evans Agency, the insurance ag…

Business

Evans Bank will donate $250,000 to support two charter schools, Buffalo Collegiate Charter School and Persistence Preparatory Academy Charter School. Each school will receive $125,000 to support after-school and summer programs for two years. Both schools are part of a program called Building Excellent Schools, a national organization involved in the founding of more th…

Business

Robert Miller Jr. guided the Evans Agency's growth over the past 18 years. Now Miller, 62, is preparing to retire as president of the insurance agency, which is a subsidiary of Evans Bancorp. Miller will transition to CEO of the agency effective Dec. 1, and then retire March 29. He will serve the remainder of his term on Evans Bank's board of directors, which expires in…

Business

When workers run into unexpected expenses — like car repairs or emergency medical costs — the impact can affect their job performance or even prevent them from getting to work, putting their employment at risk. A newly launched program, called Work/Life Solutions, at the United Way of Buffalo and Erie County aims to prevent employees' non-work issues from creating obsta…

Business

Evans Bank's new downtown location looks nothing like a traditional branch, and that is by design. Customers can still drop in for all the typical transactions a branch handles, at a counter just inside the door. But there's also a "business café" with a coffee bar, with newspapers on the table, and a flat screen TV showing the news. And offices inside the building on L…

Business

Evans Bancorp continues to ride a wave of strong commercial loan growth. Evans on Thursday reported a 45 percent increase in its profits to $3.8 million, or 77 cents per share, from $2.6 million, or 54 cents per share a year ago. "The loan growth is the primary driver, obviously," said David J. Nasca, Evans president and CEO. The bank's average commercial loans we…

Business

Evans Bank hasn't revealed where it will open a downtown branch, but may have dropped a big hint. A legal notice published Thursday points to the Hamburg-based bank seeking permission to open a location on the second floor of the Main Court Building, at 438 Main St., across from Lafayette Square. Evans officials wouldn't confirm if that is the bank's preferred option…

Buffalo

Evans Bank plans to open a downtown branch in the central business district this year. The bank has not yet announced a specific location, said Kevin Brady, vice president of marketing. "This area of the city is enjoying a renaissance that is expected to continue well into the future," said David J. Nasca, the bank's president and CEO, in his letter to shareholders i…

Business

Last year was a good year for Evans Bank, as well as its president and CEO, David J. Nasca. Nasca's total compensation rose 22 percent last year, bolstered by a 7 percent increase in his base salary. The Hamburg-based bank he leads had record-high profits of $10.5 million in 2017. The bank also reached $1 billion in deposits for the first time last year. Nasca's tota…

Business

Evans Bancorp named Lee C. Wortham as its new chairman, moving up to the top board spot after nearly six years in the No. 2 role. The Hamburg-based bank said its board of directors elected Wortham, a banking and financial services veteran for over 30 years, to serve as the bank's chairman starting April 1. Oliver H. Sommer was elected vice chair. Wortham, who has…

Business

Evans Bank's parent company set a record for profits last year: $10.5 million. That was despite a one-time $2.1 million charge the Hamburg-based Evans Bancorp absorbed in the fourth quarter related to the federal tax overhaul. As a result, Evans had fourth-quarter profits of only $1 million, compared to $2.3 million a year ago. Evans president and CEO David J. Nasca …