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    SEC Form SC 13G/A filed by Evans Bancorp Inc. (Amendment)

    2/9/22 5:17:57 PM ET
    $EVBN
    Major Banks
    Finance
    Get the next $EVBN alert in real time by email
    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
    Joint Filing Agreement

    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
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