SC 13G/A 1 cmw367.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

SCHEDULE 13G/A

Under the Securities Exchange Act of 1934
(Amendment No. 2)

Evans Bancorp, Inc.
(Name of Issuer)
Common Stock, no par value
(Title of Class of Securities)
29911Q208
(CUSIP Number)
Mr. John W. Palmer
PL Capital Advisors, LLC
750 Eleventh Street South
Suite 202
Naples, FL 34102
(239) 777-0187
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
- with copies to -
 
Phillip M. Goldberg
Foley & Lardner LLP
321 North Clark Street
Suite 2800
Chicago, IL  60654-5313
(312) 832-4549
Peter D. Fetzer
Foley & Lardner LLP
777 East Wisconsin Avenue
Suite 3800
Milwaukee, WI  53202-5306
(414) 297-5596
 
 
December 31, 2021
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)


1
NAME OF REPORTING PERSON
PL Capital Advisors, LLC
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a)   ☒
(b)   ☐
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
    ☐
6
CITIZENSHIP OR PLACE OF ORGANIZATION
USA
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
0
 
8
SHARED VOTING POWER
409,875
 
9
SOLE DISPOSITIVE POWER
0
 
10
SHARED DISPOSITIVE POWER
409,875
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
409,875
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
    ☒
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.5%
 
14
TYPE OF REPORTING PERSON
IA
 

SIGNATURE PAGE
2

1
NAME OF REPORTING PERSON
John W. Palmer
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a)   ☒
(b)   ☐
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
    ☐
6
CITIZENSHIP OR PLACE OF ORGANIZATION
USA
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
0
 
8
SHARED VOTING POWER
409,875
 
9
SOLE DISPOSITIVE POWER
0
 
10
SHARED DISPOSITIVE POWER
409,875
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
409,875
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
    ☒
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.5%
 
14
TYPE OF REPORTING PERSON
IN
 

3

1
NAME OF REPORTING PERSON
Richard J. Lashley
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a)   ☒
(b)   ☐
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
    ☐
6
CITIZENSHIP OR PLACE OF ORGANIZATION
USA
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
0
 
8
SHARED VOTING POWER
409,875
 
9
SOLE DISPOSITIVE POWER
0
 
10
SHARED DISPOSITIVE POWER
409,875
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
409,875
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
    ☒
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.5%
 
14
TYPE OF REPORTING PERSON
IN
 


4


Item 1(a).
Name of Issuer:
Evans Bancorp, Inc.
Item 1(b).
Address of Issuer's Principal Executive Offices:
6460 Main Street, Williamsville, NY 14221
Item 2(a).
Name of Persons Filing:
This Schedule 13G is being filed jointly by (1) PL Capital Advisors, LLC, a Delaware limited liability company and SEC registered investment adviser under the Investment Advisers Act of 1940 (“PL Capital Advisors”); (2) Richard J. Lashley, a managing member of PL Capital Advisors; and (3) John W. Palmer, a managing member of PL Capital Advisors (collectively, the “Reporting Persons”).
Item 2(b).
Address of Principal Business Office or, if none, Residence:
The business address of PL Capital Advisors, LLC, Mr. Palmer and Mr. Lashley is:  c/o PL Capital, 750 Eleventh Street South, Suite 202, Naples, FL 34102.
Item 2(c).
Citizenship:
All of the individuals who are members of the PL Capital Advisors are citizens of the United States.
Item 2(d).
Title of Class of Securities:
Common Stock
Item 2(e).
CUSIP Number:
29911Q208
Item 3.
If this statement is filed pursuant to sections 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:
N/A

5


Item 4.
Ownership:
The following list sets forth the aggregate number and percentage (based on 5,466,823 shares of Common Stock outstanding as reported in the Issuer’s Form 10-Q, as filed on November 1, 2021) of outstanding shares of Common Stock owned beneficially by each of the Reporting Persons named in Item 2(a):
 
 
 Name
Shares of Common Stock
Beneficially Owned (Shared Voting and Investment Power for all Shares)
 
Percentage of Shares of Common
Stock Beneficially Owned
PL Capital Advisors
409,875
7.5%
John W. Palmer
409,875
7.5%
Richard J. Lashley
409,875
7.5%
Item 5.
Ownership of Five Percent or Less of a Class:
N/A
Item 6.
Ownership of More than Five Percent on Behalf of Another Person:
PL Capital Advisors manages the assets of various advisory clients who have the right to receive dividends from, or the proceeds from the sale of, the securities described herein.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person:
N/A
Item 8.
Identification and Classification of Members of the Group:
See Item 2(a) above.
Item 9.
Notice of Dissolution of Group:
N/A
Item 10.
Certfication:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.
6

List of Exhibits

Exhibit No.
Description
99.1

7

SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct.
Dated:  February 9, 2022
PL CAPITAL ADVISORS, LLC
 
 
By: /s/ John W. Palmer /s/ Richard J. Lashley 
                  John W. Palmer                 Richard J. Lashley
                  Managing Member            Managing Member
 

 
By: /s/ John W. Palmer
                  John W. Palmer
 
 
By: /s/ Richard J. Lashley
                  Richard J. Lashley
 




SIGNATURE PAGE