Evans Bancorp Increases Semi-Annual Cash Dividend to $0.22 per share

Evans Bancorp, Inc. (NYSE: EVBN), a community financial services company serving Western New York since 1920, announced today that its Board of Directors declared a semi-annual cash dividend of $0.22 per share on its outstanding common stock, which is a 10% increase (5% annualized) from its previous $0.20 per share dividend paid on October 4, 2011.

The dividend is payable on April 10, 2012, to shareholders of record as of March 20, 2012. The Company has approximately 4.1 million shares outstanding.