Evans Bank
Evans Bank was a New York-chartered community bank serving commercial and retail customers in Rochester and Upstate New York through 18 branches and ~200 employees, offering deposits, lending, and real estate financing. Acquired by NBT Bancorp in May 2025 for ~$235M.
- Company typePublic
- Founded1857
- HeadquartersBuffalo, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What Evans Bank does
Evans Bank operated as a New York-chartered commercial bank and the sole banking subsidiary of Evans Bancorp, Inc. (formerly NYSE American: EVBN), serving commercial and retail customers across the Rochester and Upstate New York market through a network of 18 branch locations and approximately 200 employees. Its product set consisted of standard community banking offerings — deposit accounts (checking, savings, CDs), commercial and retail lending, real estate financing, and personal loans — delivered through a relationship-based, branch-led go-to-market model with publicly disclosed deposit and loan rates. The bank operated under Federal Reserve and New York State Department of Financial Services supervision and generated revenue primarily through net interest income on loans and deposits, supplemented by fee-based banking services.
Underlying technology was a traditional commercial banking platform with no proprietary features or AI/ML capabilities disclosed in the available data; customer acquisition relied on local market presence and in-person relationship banking rather than digital-first channels. The customer base was horizontally segmented across commercial banking customers (business lending, deposit accounts, treasury management) and retail banking customers (mortgages, personal loans, deposit products), with mid-market commercial relationships treated as the primary segment.
In May 2025, Evans Bancorp was acquired by NBT Bancorp Inc. for approximately $235 million in a strategic transaction that added Evans's 200 employees, 18 branches, and loan/deposit volumes to NBT Bank's footprint. Following the close, Evans Bank operations were integrated into NBT Bank; as of April 2026, the integration was reported as completed, and Evans Bank no longer operates as an independent entity.
Evans Bank firmographics
Firmographics- Name
- Evans Bank
- Legal name
- Evans Bancorp, Inc.
- Website
- https://evansbank.com
- Company type
- Public
- Founded year
- 1857
- Operating status
- Acquired
- Headcount range
- 101–250 employees
- Short description
- Evans Bank was a New York-chartered community bank serving commercial and retail customers in Rochester and Upstate New York through 18 branches and ~200 employees, offering deposits, lending, and real estate financing. Acquired by NBT Bancorp in May 2025 for ~$235M.
- Ownership category
- akta.pro rank
Evans Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)
Keywords
Where Evans Bank is headquartered
LocationHeadquarters
- HQ city
- Buffalo
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Evans Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Banking Services: Traditional commercial banking services including deposit accounts and lending services. Revenue generated from net interest income on loans and deposits, as well as fee-based banking services.
- Lending Operations: Commercial and retail lending services generating interest income. The company provided loan products to customers in its operating markets.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Standard banking deposit and lending products with published rates |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Evans Bank product offering
Product offeringCore offering
Evans Bank was a New York-chartered commercial bank that provided deposit accounts (checking, savings) and lending services—including commercial loans, real estate financing, and retail banking products—to commercial and retail customers in the Rochester and Upstate New York markets through a network of 18 physical branch locations. Following its May 2025 acquisition by NBT Bancorp for approximately $235 million, Evans Bank's operations were integrated into NBT Bank.
Differentiator
Problem solved
Functional benefit
Products and services
- Commercial Lending Services
- Deposit Accounts
- Real Estate Financing
- Personal Banking Services
Companies that use Evans Bank
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Evans Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Evans Bank partnerships and signals
Strategic signalScale indicators5 records
Recent moves4 records
Expansion highlights3 records
Evans Bank competitors and assessment
Company assessmentBroad incumbents
- M&T Bank Corporation: Large regional bank holding company with extensive Upstate New York branch network and full-service commercial and consumer banking — broader incumbent player competing with Evans in the same Upstate NY markets.
- Community Bank NA: A subsidiary of Community Bank System, Inc.; provides commercial and consumer banking across Upstate New York, Pennsylvania, and Vermont — comparable broad regional footprint and product set with overlapping Upstate NY markets.
Direct peers
- Five Star Bank: A New York state-chartered community bank serving Western and Central New York with consumer and commercial banking products — directly comparable regional franchise with overlapping branch geography to Evans.
- Canandaigua National Corporation: Operates Canandaigua National Bank, a community bank headquartered in the Finger Lakes region of New York with deposit accounts, commercial lending, and retail banking — closely comparable to Evans Bank's Upstate NY community banking model.
- Tompkins Financial Corporation: Bank holding company for Tompkins Community Bank and other subsidiaries; operates community banks across Upstate and Western New York offering commercial lending, deposits, and wealth management — directly comparable scale and product set.
- Chemung Financial Corporation: Holding company for Chemung Canal Trust Company, a New York state-chartered commercial bank serving the Southern Tier and broader Upstate NY with deposit, lending, and wealth services — closely comparable community bank peer.
- NBT Bancorp: Acquirer of Evans Bancorp in May 2025; a New York and Northeast-focused commercial and retail bank operating community-banking branches, deposit accounts, commercial lending, and wealth services — direct overlap with Evans Bank's product set and Upstate NY footprint.
Regional players
- Berkshire Hills Bancorp: A Northeast-focused bank holding company (Berkshire Bank) with community banking, commercial lending, and wealth services; comparable Northeast community-bank business model though primarily New England rather than Upstate NY.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Evans Bank social profiles
Digital presenceEvans Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Evans Bank leadership team
Management profileNumber of profiles
Profiles3 records
Evans Bank funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Evans Bank M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Evans Bank
What does Evans Bank do?
Evans Bank was a New York-chartered commercial bank that provided deposit accounts (checking, savings) and lending services—including commercial loans, real estate financing, and retail banking products—to commercial and retail customers in the Rochester and Upstate New York markets through a network of 18 physical branch locations. Following its May 2025 acquisition by NBT Bancorp for approximately $235 million, Evans Bank's operations were integrated into NBT Bank.
Is Evans Bank a public or private company?
Evans Bank is a public company. It is classified as corporate owned and is currently acquired.
When was Evans Bank founded?
Evans Bank was founded in 1857. It employs 101 to 250 people.
Where is Evans Bank based?
Evans Bank is headquartered in Buffalo, United States, in the North America region.
How does Evans Bank make money?
Two revenue lines are on record. Banking Services are the primary driver. The others are lending Operations.
Who are Evans Bank's main competitors?
Broad incumbents on record are M&T Bank Corporation and Community Bank NA. Direct peers are Five Star Bank, Canandaigua National Corporation, Tompkins Financial Corporation, Chemung Financial Corporation and NBT Bancorp. Berkshire Hills Bancorp is listed as a regional player.
Does Evans Bank have an API?
No public API is recorded for Evans Bank.
What industry is Evans Bank in?
Evans Bank's product category is Community Banking. Its primary akta.pro industry code is FSABABAC, SME Deposits & Business Accounts (Operating, Savings, CDs). Its NAICS code is 52211 and its SIC code is 6022.