Evans Bancorp (EVBN) 8-K Evans Bancorp Announces Semi-annual Cash Dividend of $0.33 Per Share

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FOR IMMEDIATE RELEASE

For: Evans Bancorp, Inc.
14-16 North Main Street
Angola, New York 14006 Contact: Mark DeBacker, Treasurer
Phone: (716) 926-2000
Fax: (716) 926-2005

EVANS BANCORP ANNOUNCES SEMI-ANNUAL CASH
DIVIDEND OF $0.33 PER SHARE

Angola, N.Y.-February 16, 2005- Evans Bancorp, Inc. (Nasdaq: EVBN) announced that its Board of Directors has declared a semi-annual cash dividend of $0.33 per share on its outstanding common stock. The dividend is payable on April 4, 2005 to shareholders of record as of March 14, 2005. This payout is an approximate 2% increase over the $0.324 per share dividend paid in October 2003, once it was adjusted for the five percent stock dividend paid in December 2004.

Evans Bancorp, Inc. is a financial holding company and is the parent of Evans National Bank, a commercial bank with ten branches located in Western New York, which had approximately $429.0 million in assets and approximately $301.9 million in deposits at December 31, 2004. Evans National Bank owns 100% of the capital stock of Evans National Leasing, Inc., a general business equipment leasing company, and 100% of the capital stock of ENB Associates Inc., which provides non-deposit investment products. ENB Insurance Agency, Inc., a retail property and casualty insurance agency with twelve offices in Erie, Niagara, Cattaraugus and Chautauqua counties of Western New York, is an indirect, wholly-owned subsidiary of Evans Bancorp Inc. Evans Bancorp, Inc. common stock is listed on the Nasdaq National Market under the symbol EVBN.

This press release includes “forward looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning future business, revenues and earnings. These statements are not historical facts or guarantees of future performance, events or results. There are risks, uncertainties and other factors that could cause the actual results of the Company to differ materially from the results expressed or implied by such statements. Factors that may cause actual results to differ materially from those contemplated by such forward-looking statements, include, among others, the following possibilities: (1) competitive pressures among financial services companies; (2) general economic conditions; (3) changes in legislation or regulatory requirements; (4) difficulties in achieving operating efficiencies; and (5) difficulties in integrating acquired companies’ businesses. Additional information on factors that could affect the Company’s business and results is discussed in the Company’s periodic reports filed with the Securities and Exchange Commission.Forward looking statements speak only as of the date they are made. The Company undertakes no obligation to publicly update or revise forward looking information, whether as a result of new, updated information, future events or otherwise.

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