| Item 1. | |
| (a) | Name of issuer:
Evans Bancorp, Inc. |
| (b) | Address of issuer's principal executive
offices:
6460 Main Street, Williamsville, NY 14221 |
| Item 2. | |
| (a) | Name of person filing:
This Schedule 13G is being jointly filed by each of the following persons pursuant to Rule 13d-1(k)(1) promulgated by the Securities and Exchange Commission pursuant to Section 13 of the Act, with respect to shares of Common Stock, par value $0.50 per share (the "Common Stock") of Evans Bancorp, Inc. (the "Issuer"): (i) Endeavour Capital Advisors Inc. ("Endeavour"), (ii) Laurence M. Austin, (iii) Mitchell J. Katz and (iv) Jonah Marcus. |
| (b) | Address or principal business office or, if
none, residence:
Endeavour Capital Advisors Inc. 410 Greenwich Avenue Greenwich, CT 06830 |
| (c) | Citizenship:
Endeavour is a Delaware corporation and Messrs. Austin, Katz and Marcus are citizens of the United States of America. |
| (d) | Title of class of securities:
Common Stock, par value $0.50 per share |
| (e) | CUSIP No.:
29911Q208 |
| Item 3. | If this statement is filed pursuant to §§
240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
| (a) |  Broker
or dealer registered under section 15 of the Act (15 U.S.C. 78o); |
| (b) | Bank
as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
| (c) | Insurance
company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); |
| (d) | Investment
company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); |
| (e) |  An
investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); |
| (f) | An
employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); |
| (g) | A
parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); |
| (h) | A
savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.
1813); |
| (i) | A
church plan that is excluded from the definition of an investment company under section 3(c)(14)
of the Investment Company Act of 1940 (15 U.S.C. 80a-3); |
| (j) | A
non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S.
institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please
specify the type of institution: |
| (k) | Group,
in accordance with Rule 240.13d-1(b)(1)(ii)(K). |
| | |
| Item 4. | Ownership |
| (a) | Amount beneficially owned:
The information in items 1 and 5 through 11 on the cover pages (pp. 2-4) of this Schedule 13G is hereby incorporated by reference. The ownership percentages are based on 5,567,833 shares of Common Stock outstanding as of December 31, 2024, as reported in Exhibit 99.1 to the Issuer's Current Report on Form 8-K filed on February 4, 2025. |
| (b) | Percent of class:
Endeavour: 3.9%
Laurence M. Austin: 3.9%
Mitchell J. Katz: 3.9%
Jonah Marcus: 4.1 % |
| (c) | Number of shares as to which the person has:
|
| | (i) Sole power to vote or to direct the vote:
Endeavour: 0
Laurence M. Austin:0
Mitchell J. Katz: 0
Jonah Marcus: 11,249
|
| | (ii) Shared power to vote or to direct the
vote:
Endeavour: 216,556
Laurence M. Austin: 216,556
Mitchell J. Katz: 216,556
Jonah Marcus: 216,556
|
| | (iii) Sole power to dispose or to direct the
disposition of:
Endeavour: 0
Laurence M. Austin: 0
Mitchell J. Katz: 0
Jonah Marcus: 11,249
|
| | (iv) Shared power to dispose or to direct the
disposition of:
Endeavour: 216,556
Laurence M. Austin: 216,556
Mitchell J. Katz: 216,556
Jonah Marcus: 216,556
|
| Item 5. | Ownership of 5 Percent or Less of a Class. |
| |
Ownership of 5 percent or less of a class |
| Item 6. | Ownership of more than 5 Percent on Behalf of
Another Person. |
| |
Not Applicable
|
| Item 7. | Identification and Classification of the
Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or
Control Person. |
| |
Not Applicable
|
| Item 8. | Identification and Classification of Members
of the Group. |
| |
Not Applicable
|
| Item 9. | Notice of Dissolution of Group. |
| |
Not Applicable
|
