Evans Bancorp reports Q1 EPS $1.06 vs. 86c last year

Reports Q1 NII $17.3M vs. $16.5M last year. "Evans delivered solid results during a period of heightened volatility and the headwinds of margin pressure caused by rising interest rates and competitive pricing. Year-over-year, we have continued to execute our strategy to grow responsibly by cultivating core relationships and attracting new customers while maintaining credit quality, optimizing operational efficiency, and controlling costs to deliver optimal returns, said David J. Nasca, CEO. "Looking ahead, we remain highly focused on supporting our customers and community through this challenging economic environment."