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Condensed Financial Information - Parent Company Only | 12 Months Ended
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Dec. 31, 2012
Condensed Financial Information - Parent Company Only [Abstract] |
Condensed Financial Information - Parent Company Only | NOTE 25. Condensed Financial Information – Parent Company Only EAGLE FINANCIAL SERVICES, INC. (Parent Company Only) Balance Sheets December 31, 2012 and 2011 (dollars in thousands)
|  | 2011 |  | 2011
Assets |  |  |  |
Cash held in subsidiary bank | $ | 1,488 | $ | 313
Due from banks |  | 504 |  | 503
Securities available for sale |  | 3,261 |  | 5,165
Investment in subsidiaries, at cost, plus undistributed net income |  | 65,574 |  | 59,157
Other assets |  | 756 |  | 777
Total assets | $ | 71,583 | $ | 65,915
Liabilities and Shareholders' Equity |  |  |  |
Trust preferred capital notes | $ | 7,217 | $ | 7,217
Other liabilities |  | 660 |  | 608
Total liabilities | $ | 7,877 | $ | 7,825
Shareholders' Equity |  |  |  |
Preferred stock | $ | - | $ | -
Common stock |  | 8,340 |  | 8,217
Surplus |  | 10,424 |  | 9,568
Retained earnings |  | 41,494 |  | 37,374
Accumulated other comprehensive income |  | 3,448 |  | 2,931
Total shareholders' equity | $ | 63,706 | $ | 58,090
Total liabilities and shareholders' equity | $ | 71,583 | $ | 65,915
EAGLE FINANCIAL SERVICES, INC. (Parent Company Only) Statements of Income Years Ended December 31, 2012, 2011, and 2010 (dollars in thousands)
|  | 2012 |  |  | 2011 |  |  | 2010 |
Income |  |  |  |  |  |  |  |  |
Dividends from subsidiary bank | $ | 800 |  | $ | 1,600 |  | $ | 1,500 |
Interest and dividends on securities available for sale |  | 257 |  |  | 313 |  |  | 368 |
(Loss) on equity investments |  | - |  |  | - |  |  | - |
Other income (loss) |  | 38 |  |  | (108 | ) |  | 16 |
Total income | $ | 1,095 |  | $ | 1,805 |  | $ | 1,884 |
Expenses |  |  |  |  |  |  |  |  |
Interest expense on borrowings | $ | 318 |  | $ | 317 |  | $ | 316 |
Other operating expenses |  | 192 |  |  | 179 |  |  | 112 |
Total expenses | $ | 510 |  | $ | 496 |  | $ | 428 |
Income before income tax (benefit) and equity |  |  |  |  |  |  |  |  |
in undistributed net income of subsidiary bank | $ | 585 |  | $ | 1,309 |  | $ | 1,456 |
Income Tax (Benefit) |  | (75 | ) |  | (122 | ) |  | (41 | )
Income before equity in undistributed |  |  |  |  |  |  |  |  |
net income of subsidiary bank | $ | 660 |  | $ | 1,431 |  | $ | 1,497 |
Equity in Undistributed Net Income of Subsidiary Bank |  | 5,890 |  |  | 2,891 |  |  | 2,108 |
Net income | $ | 6,550 |  | $ | 4,322 |  | $ | 3,605 |
Comprehensive income | $ | 7,067 |  | $ | 6,043 |  | $ | 3,723 |
EAGLE FINANCIAL SERVICES, INC. (Parent Company Only) Statements of Cash Flows Years Ended December 31, 2012, 2011, and 2010 (dollars in thousands)
|  | 2012 |  |  | 2011 |  |  |  | 2010 |
Cash Flows from Operating Activities |  |  |  |  |  |  |  |  |  |
Net Income | $ | 6,550 |  | $ | 4,322 |  | $ | 3,605 |
Adjustments to reconcile net income to net |  |  |  |  |  |  |  |  |  |
cash provided by operating activities |  |  |  |  |  |  |  |  |  |
(Loss) on securities |  | - |  |  | 96 |  |  |  | - |
Stock-based compensation expense |  | 242 |  |  | 166 |  |  |  | 116 |
(Discount accretion) premium amortization on securities |  | (1 | ) |  | (2 | ) |  |  | (1 | )
Undistributed earnings of subsidiary bank |  | (5,890 | ) |  | (2,891 | ) |  | (2,108 | )
Changes in assets and liabilities: |  |  |  |  |  |  |  |  |  |
Decrease (increase) in other assets |  | 30 |  |  | (91 | ) |  |  | (24 | )
(Decrease) increase in other liabilities |  | (2 | ) |  | (4 | ) |  |  | 3 |
Net cash provided by operating activities | $ | 929 |  | $ | 1,596 |  | $ | 1,591 |
Cash Flows from Investing Activities |  |  |  |  |  |  |  |  |  |
Proceeds from maturities of securities available for sale | $ | 1,945 |  | $ | 500 |  |  | $ | 406 |
Net cash provided by investing activities | $ | 1,945 |  | $ | 500 |  |  | $ | 406 |
Cash Flows from Financing Activities |  |  |  |  |  |  |  |  |  |
Cash dividends paid | $ | (1,805 | ) | $ | (1,764 | ) | $ | (1,645 | )
Issuance of common stock, employee benefit plan |  | 107 |  |  | 89 |  |  |  | - |
Retirement of common stock |  | - |  |  | (271 | ) |  |  | - |
Net cash (used in) financing activities | $ | (1,698 | ) | $ | (1,946 | ) | $ | (1,645 | )
Increase in cash | $ | 1,176 |  | $ | 150 |  |  | $ | 352 |
Cash |  |  |  |  |  |  |  |  |  |
Beginning | $ | 816 |  | $ | 666 |  |  | $ | 314 |
Ending | $ | 1,992 |  | $ | 816 |  |  | $ | 666 |

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 12 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 06 -Article 9 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 05 -Paragraph c -Article 7 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=7656940&loc=d3e5283-111683 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04) -URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e24072-122690 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 24 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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