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Condensed Financial Information - Parent Company Only (Tables)
12 Months Ended
Dec. 31, 2014
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Schedule Of Condensed Balance Sheets
EAGLE FINANCIAL SERVICES , INC.
(Parent Company Only)
Balance Sheets
December 31, 2014 and 2013
(dollars in thousands)
 
 
 
2014
 
2013
Assets
 
 
 
 
Cash held in subsidiary bank
 
$
1,694

 
$
419

Due from banks
 
504

 
504

Securities available for sale
 
1,383

 
2,893

Investment in subsidiaries, at cost, plus undistributed net income
 
76,423

 
69,692

Other assets
 
661

 
575

Total assets
 
$
80,665

 
$
74,083

 
 
 
 
 
Liabilities and Shareholders’ Equity
 
 
 
 
Trust preferred capital notes
 
$
7,217

 
$
7,217

Other liabilities
 
316

 
460

Total liabilities
 
$
7,533

 
$
7,677

 
 
 
 
 
Shareholders’ Equity
 
 
 
 
Preferred stock
 
$

 
$

Common stock
 
8,621

 
8,482

Surplus
 
12,618

 
11,537

Retained earnings
 
50,578

 
46,082

Accumulated other comprehensive income
 
1,315

 
305

Total shareholders’ equity
 
$
73,132

 
$
66,406

Total liabilities and shareholders’ equity
 
$
80,665

 
$
74,083

Schedule Of Condensed Income Statement
EAGLE FINANCIAL SERVICES , INC.
(Parent Company Only)
Statements of Income
Years Ended December 31, 2014, 2013, and 2012
(dollars in thousands)
 
 
 
2014
 
2013
 
2012
Income
 
 
 
 
 
 
Dividends from subsidiary bank
 
$
1,550

 
$

 
$
800

Interest and dividends on securities available for sale
 
183

 
98

 
257

Other income (loss)
 
283

 
40

 
38

Total income
 
$
2,016

 
$
138

 
$
1,095

 
 
 
 
 
 
 
Expenses
 
 
 
 
 
 
Interest expense on borrowings
 
$
317

 
$
317

 
$
318

Other operating expenses
 
226

 
221

 
192

Total expenses
 
$
543

 
$
538

 
$
510

Income (loss) before income tax (benefit) and equity in undistributed net income of subsidiary bank
 
$
1,473

 
$
(400
)
 
$
585

 
 
 
 
 
 
 
Income Tax (Benefit)
 
(37
)
 
(135
)
 
(75
)
Income (loss) before equity in undistributed net income of subsidiary bank
 
$
1,510

 
$
(265
)
 
$
660

 
 
 
 
 
 
 
Equity in Undistributed Net Income of Subsidiary Bank
 
5,630

 
7,423

 
5,890

Net income
 
$
7,140

 
$
7,158

 
$
6,550

Comprehensive income
 
$
8,150

 
$
4,015

 
$
7,067

Schedule Of Condensed Cash Flows Statement
EAGLE FINANCIAL SERVICES , INC.
(Parent Company Only)
Statements of Cash Flows
Years Ended December 31, 2014, 2013, and 2012
(dollars in thousands)
 
 
 
2014
 
2013
 
2012
Cash Flows from Operating Activities
 
 
 
 
 
 
Net Income
 
$
7,140

 
$
7,158

 
$
6,550

Adjustments to reconcile net income to net cash provided by operating activities
 
 
 
 
 
 
(Gain) on the sale of securities
 
(283
)
 

 

Stock-based compensation expense
 
290

 
305

 
242

(Discount accretion) premium amortization on securities
 

 
(1
)
 
(1
)
Undistributed earnings of subsidiary bank
 
(5,630
)
 
(7,423
)
 
(5,890
)
Changes in assets and liabilities:
 
 
 
 
 
 
(Increase) decrease in other assets
 
(10
)
 
138

 
30

Increase (decrease) in other liabilities
 
1

 
1

 
(2
)
Net cash provided by operating activities
 
$
1,508

 
$
178

 
$
929

 
 
 
 
 
 
 
Cash Flows from Investing Activities
 
 
 
 
 
 
Purchases of securities available for sale
 
$
(761
)
 
$
(1,044
)
 
$

Proceeds from the sale of securities available for sale
 
1,865

 

 

Proceeds from maturities of securities available for sale
 
405

 
1,458

 
1,945

Net cash provided by investing activities
 
$
1,509

 
$
414

 
$
1,945

 
 
 
 
 
 
 
Cash Flows from Financing Activities
 
 
 
 
 
 
Cash dividends paid
 
$
(1,944
)
 
$
(1,909
)
 
$
(1,805
)
Issuance of common stock, employee benefit plan
 
202

 
179

 
107

Stock options exercised
 

 
69

 

Net cash (used in) financing activities
 
$
(1,742
)
 
$
(1,661
)
 
$
(1,698
)
Increase (decrease) in cash
 
$
1,275

 
$
(1,069
)
 
$
1,176

 
 
 
 
 
 
 
Cash
 
 
 
 
 
 
Beginning
 
$
923

 
$
1,992

 
$
816

Ending
 
$
2,198

 
$
923

 
$
1,992