Evans National Bank Names Gary A. Kajtoch Chief Financial Officer.ANGOLA, N.Y. -- Evans Ev·ans , Herbert McLean 1882-1971. American anatomist who isolated four pituitary hormones and discovered vitamin E (1922). National Bank, a nationally chartered bank Chartered Bank A financial institution whose primary roles are to accept and safeguard monetary deposits from individuals and organizations, and to lend money out. The details vary from country to country, but usually a chartered bank in operation has obtained government permission and wholly-owned subsidiary of Evans Bancorp, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : EVBN), today announced the appointment of Gary A. Kajtoch as Senior Vice President and Chief Financial Officer of Evans National Bank effective February 5, 2007. Mr. Kajtoch joins Evans National Bank from M&T Bank and brings nearly 18 years of financial, accounting and treasury management experience in the banking industry. "Gary is a strong addition to our executive management team," said James Tilley, Chief Executive Officer of Evans National Bank and Evans Bancorp, Inc. "He is a proven leader with strategic vision who can develop the financial strategy and capital management plans that will support our strategic efforts and maximize shareholder value." Mr. Kajtoch was most recently Vice President of Management Accounting at M&T Bank and was responsible for cost analysis, pricing and capital allocation The apportionment or designation of an item for a specific purpose or to a particular place. In the law of trusts, the allocation of cash dividends earned by a stock that makes up the principal of a trust for a beneficiary usually means that the dividends will be treated as , among other initiatives. In prior positions, he was responsible for the financial support for several divisions of the bank, and worked on numerous business valuations, acquisitions and divestitures. Additionally, in his roles in treasury and as head of commercial bank finance, he managed planning and analysis functions and dealt extensively with bank regulators. Mr. Kajtoch earned a Masters Degree in Business Administration with a concentration in finance from the State University of New York (body) State University of New York - (SUNY) The public university system of New York State, USA, with campuses throughout the state. at Buffalo and resides with his wife, Annette, in Williamsville, New York Williamsville is a village in Erie County, New York in the United States. The population was 5,573 at the 2000 census. The village is named after Jonas Williams, an early settler. . About Evans National Bank and Evans Bancorp, Inc. Evans National Bank is a nationally chartered bank and a wholly-owned subsidiary of Evans Bancorp, Inc. (NASDAQ: EVBN), a registered financial holding company. Evans National Bank has 11 branches located in Western New York
Western New York refers to the westernmost region of New York State. with approximately $474 million in assets and $356 million in deposits at December 31, 2006. Evans National Leasing, Inc. is a wholly-owned subsidiary of Evans National Bank and is a general business equipment leasing Equipment Leasing is a financing option to lease equipment for a certain amount of time. Leasing Benefits
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