Evans bancorp inc (EVBN)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Cash and due from banks

11,262

10,577

19,587

13,961

12,434

13,997

12,621

13,324

11,568

13,751

16,790

13,869

10,795

12,503

14,830

10,807

11,287

11,813

11,623

14,407

14,661

8,784

11,645

19,270

16,743

14,698

20,773

12,757

12,509

12,409

12,232

12,540

11,988

11,486

12,870

13,509

13,467

Interest-bearing deposits at banks

40,706

28,280

14,757

45,678

56,082

25,918

15,501

3,441

8,870

7,579

1,265

1,776

19,440

581

4,397

723

22,105

10,808

28,796

34,158

46,033

2,114

573

1,159

30,102

27,256

42,669

59,820

88,089

78,068

52,748

31,445

31,880

3,192

17,499

14,106

255

Securities:
Available for sale, at fair value (amortized cost: $156,011 at March 31, 2020; $127,217 at December 31, 2019)

159,191

127,922

134,457

135,576

138,831

132,104

136,539

141,933

157,786

143,818

148,300

141,225

114,896

95,222

103,385

109,107

114,687

97,141

105,122

105,269

98,393

95,533

99,608

102,515

94,598

99,665

92,568

92,800

91,540

92,063

91,878

93,094

108,657

99,981

91,782

92,007

87,422

Held to maturity, at amortized cost (fair value: $2,963 at March 31, 2020; $2,392 at December 31, 2019)

2,847

2,386

2,520

1,862

1,900

1,685

1,370

4,637

4,724

5,334

4,487

1,372

1,408

1,983

1,474

1,522

1,607

1,617

1,529

1,465

1,588

1,599

1,760

1,933

2,373

2,384

3,776

3,706

3,734

3,744

4,034

3,708

3,835

3,802

2,400

2,487

2,140

Equity securities, at cost at December 31, 2017 (fair value: $1,814 at December 31, 2017)

-

-

-

-

-

-

-

2,058

1,961

580

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal Home Loan Bank common stock, at cost

1,588

1,588

1,588

1,588

1,474

1,474

1,475

1,475

3,668

4,863

2,404

1,727

1,366

2,185

3,220

1,636

1,296

1,296

1,296

1,296

822

1,439

1,369

1,366

1,364

1,364

1,364

1,364

1,489

1,804

1,804

1,804

1,830

1,830

1,830

1,830

2,362

Federal Reserve Bank common stock, at cost

1,961

1,956

1,950

1,944

1,939

1,929

1,929

1,924

1,916

1,916

1,908

1,908

1,546

1,546

1,510

1,501

1,492

1,487

1,487

1,478

1,486

1,486

1,486

1,476

1,476

1,467

1,467

1,458

1,457

1,445

1,445

1,434

1,425

1,425

1,425

1,415

1,408

Loans held for sale

-

-

-

-

-

-

1,283

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans, net of allowance for loan losses of $18,157 at March 31, 2020 and $15,175 at December 31, 2019

1,228,049

1,211,356

1,204,410

1,197,451

1,170,222

1,141,146

1,139,070

1,110,660

1,095,268

1,051,296

983,823

962,315

932,004

928,596

899,140

840,533

783,654

761,101

717,783

697,722

688,961

683,131

673,385

651,877

648,961

635,493

614,665

597,520

577,932

573,163

588,408

587,265

568,910

571,910

557,867

531,827

517,554

Properties and equipment, net of accumulated depreciation of $20,998 at March 31, 2020 and $20,682 at December 31, 2019

13,951

13,754

13,946

10,446

10,583

10,485

10,449

10,331

10,425

10,564

10,742

10,960

11,065

11,310

11,485

11,592

11,078

11,051

10,683

10,200

10,074

10,224

10,792

10,899

11,117

11,163

10,973

11,379

11,020

11,368

11,117

10,497

10,324

10,477

10,560

10,503

10,841

Goodwill and intangible assets

13,421

12,545

12,657

12,768

12,880

12,992

13,104

8,496

8,525

8,553

8,581

8,609

8,638

8,406

-

-

-

8,101

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,101

8,101

8,101

-

8,101

8,101

8,101

8,101

8,101

8,101

8,101

8,101

8,101

8,101

8,101

8,101

8,101

8,101

8,101

8,101

8,101

8,101

8,101

Intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27

67

108

148

204

266

329

391

468

574

678

792

912

1,168

Bank-owned life insurance

29,578

29,418

29,254

29,094

28,922

28,403

28,237

28,072

27,894

27,729

23,233

21,805

21,664

21,534

21,398

21,254

21,114

20,978

20,838

20,704

20,552

20,415

20,274

20,137

19,986

19,840

19,682

15,575

15,446

15,333

15,213

15,095

14,961

14,843

14,720

12,603

12,389

Operating lease right-of-use asset

3,577

3,720

3,862

4,003

4,142

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

18,680

16,728

16,744

16,749

16,772

18,074

19,345

19,740

21,093

19,650

18,621

17,280

16,838

16,843

15,723

14,822

13,494

13,714

13,633

13,747

13,681

13,983

12,359

11,796

11,988

11,959

10,774

11,590

12,131

11,849

11,937

12,671

13,308

13,177

13,169

13,532

14,416

TOTAL ASSETS

1,524,811

1,460,230

1,455,732

1,471,120

1,456,181

1,388,207

1,380,923

1,346,091

1,353,698

1,295,633

1,220,154

1,182,846

1,139,660

1,100,709

1,084,663

1,021,598

989,915

939,107

920,891

908,547

904,352

846,809

841,352

830,556

846,876

833,498

826,960

816,274

823,714

809,676

799,308

778,122

775,793

740,902

733,015

702,832

671,523

LIABILITIES AND STOCKHOLDERS' EQUITY
LIABILITIES
Deposits:
Demand

273,623

263,717

271,633

243,860

242,156

231,902

236,079

224,373

238,827

219,664

216,250

207,348

194,747

201,741

195,869

187,774

174,276

183,098

170,022

163,862

169,965

158,631

153,065

148,559

139,975

139,973

140,423

132,820

123,084

123,405

-

-

-

118,037

-

-

-

Demand

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

126,251

116,231

114,423

-

116,036

104,814

98,016

NOW

159,223

140,654

141,384

145,620

122,204

110,450

110,768

121,170

124,997

109,378

96,741

99,131

103,907

88,632

87,047

88,993

95,622

83,674

79,983

79,266

82,956

72,670

72,344

73,645

79,531

65,927

66,095

67,736

73,016

65,753

62,946

63,535

62,077

50,761

48,924

44,193

32,683

Savings

625,773

587,142

568,156

603,180

618,471

571,479

574,262

595,500

566,314

535,730

552,559

547,760

531,408

508,652

496,926

480,290

463,672

439,993

436,331

431,555

416,317

363,542

367,277

376,759

393,735

390,575

383,766

379,782

391,739

380,924

375,859

342,992

334,010

333,938

301,610

277,564

249,410

Muni-vest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,883

29,542

-

26,241

26,333

22,000

Time

268,978

275,927

277,633

290,251

292,892

301,227

294,514

241,425

204,295

186,457

166,769

164,817

147,915

140,949

118,123

112,828

115,479

96,217

95,967

99,482

111,120

112,792

117,110

108,207

108,702

110,137

112,341

112,076

110,461

108,910

107,674

108,279

109,629

113,467

120,427

133,863

142,348

Total deposits

1,327,597

1,267,440

1,258,806

1,282,911

1,275,723

1,215,058

1,215,623

1,182,468

1,134,433

1,051,229

1,032,319

1,019,056

977,977

939,974

897,965

869,885

849,049

802,982

782,303

774,165

780,358

707,635

709,796

707,170

721,943

706,612

702,625

692,414

698,300

678,992

672,730

653,920

649,681

616,203

613,238

586,767

544,457

Securities sold under agreement to repurchase

2,572

2,425

7,418

3,968

2,482

3,142

2,979

4,018

10,084

9,289

9,380

9,481

11,679

10,159

11,606

14,511

12,894

10,821

11,310

11,009

10,673

13,778

11,496

13,120

11,374

13,351

14,179

14,542

13,784

12,111

9,081

9,855

8,680

9,010

5,831

5,581

5,227

Other borrowings

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

61,700

88,250

33,600

14,600

10,000

28,200

51,200

-

-

10,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liability

4,002

4,154

4,302

4,449

4,594

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,000

10,000

-

-

-

-

13,700

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other short term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,000

10,000

-

-

12,150

6,000

9,000

9,000

3,000

3,000

3,000

10,000

19,000

19,000

22,000

3,000

3,000

3,010

13,669

Other liabilities

21,214

16,428

19,007

17,175

17,617

17,031

15,331

14,700

16,278

17,193

16,033

12,816

16,047

14,298

17,364

15,083

14,482

12,718

16,275

13,848

15,290

14,578

12,606

9,987

12,712

12,493

11,191

11,703

11,805

13,415

13,186

11,736

13,647

13,371

12,417

10,831

11,776

Junior subordinated debentures

11,330

11,330

11,330

11,330

11,330

11,330

11,330

11,330

11,330

11,330

11,330

11,330

11,330

11,330

11,330

11,330

11,330

11,330

-

-

-

11,330

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Junior subordinated debentures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,330

11,330

11,330

-

11,330

11,330

11,330

11,330

11,330

11,330

11,330

11,330

11,330

11,330

11,330

11,330

11,330

11,330

11,330

Long term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,000

6,000

9,000

9,000

-

-

-

19,000

19,000

19,000

22,000

Total liabilities

1,376,715

1,311,777

1,310,863

1,329,833

1,321,746

1,256,561

1,255,263

1,222,516

1,233,825

1,177,291

1,102,662

1,067,283

1,027,033

1,003,961

989,465

926,809

897,755

847,851

831,218

820,352

817,651

761,021

757,378

747,607

766,359

752,786

748,325

738,989

747,219

734,848

725,327

705,841

705,338

671,914

664,816

636,519

608,459

CONTINGENT LIABILITIES AND COMMITMENTS

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

0

0

-

-

0

0

0

0

0

0

STOCKHOLDERS' EQUITY:
Common stock, $.50 par value, 10,000,000 shares authorized; 4,942,802 and 4,929,593 shares issued at March 31, 2020 and December 31, 2019, respectively, and 4,942,802 and 4,929,283 outstanding at March 31, 2020 and December 31, 2019, respectively

2,474

2,467

2,462

2,460

2,432

2,429

2,417

2,413

2,404

2,394

2,391

2,389

2,384

2,153

2,147

2,147

2,142

2,132

2,126

2,126

2,123

2,123

2,120

2,120

2,108

2,106

2,102

2,101

2,096

2,087

2,077

2,077

2,065

2,063

2,054

2,054

2,041

Capital surplus

63,679

63,302

62,736

62,353

61,448

61,225

60,422

60,220

59,670

59,444

59,017

58,822

58,543

44,389

43,983

43,836

43,435

43,318

43,086

42,969

42,682

43,102

42,912

42,941

42,710

42,619

42,419

42,324

42,095

42,029

41,693

41,611

41,344

41,275

41,034

40,961

40,660

Treasury stock, at cost, 0 and 310 shares at March 31, 2020 and December 31, 2019, respectively

-

-

-

-

-

-

0

0

0

-

0

0

0

0

69

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Treasury stock, at cost, 3,283 and 3,024 shares at June 30, 2016 and December 31, 2015, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

80

0

-

112

42

166

751

992

1,335

1,498

120

-

-

-

-

-

-

-

-

-

-

-

Retained earnings

82,604

85,267

81,525

78,919

74,538

73,345

68,902

66,325

62,534

59,921

58,304

56,492

53,874

52,630

50,294

49,707

47,704

47,616

45,868

44,885

43,210

42,822

40,521

39,657

38,078

37,370

35,708

34,350

32,427

30,611

29,491

28,269

26,775

25,304

23,971

22,867

20,836

Accumulated other comprehensive loss, net of tax

-661

-2,583

-1,854

-2,445

-3,983

-5,353

-6,081

-5,383

-4,735

-3,417

-2,220

-2,140

-2,174

-2,424

-1,157

-821

-1,121

-1,810

-1,295

-1,743

-1,148

-1,508

-587

-434

-881

-1,263

-1,594

-1,490

-123

101

720

324

271

346

1,140

431

-473

Total stockholders' equity

148,096

148,453

144,869

141,287

134,435

131,646

125,660

123,575

119,873

118,342

117,492

115,563

112,627

96,748

95,198

94,789

92,160

91,256

89,673

88,195

86,701

85,788

83,974

82,949

80,517

80,712

78,635

77,285

76,495

74,828

73,981

72,281

70,455

68,988

68,199

66,313

63,064

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY

1,524,811

1,460,230

1,455,732

1,471,120

1,456,181

1,388,207

1,380,923

1,346,091

1,353,698

1,295,633

1,220,154

1,182,846

1,139,660

1,100,709

1,084,663

1,021,598

989,915

939,107

920,891

908,547

904,352

846,809

841,352

830,556

846,876

833,498

826,960

816,274

823,714

809,676

799,308

778,122

775,793

740,902

733,015

702,832

671,523