XML 55 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Interest and Dividend Income    
Interest and fees on loans $ 5,301us-gaap_InterestAndFeeIncomeLoansAndLeases $ 5,331us-gaap_InterestAndFeeIncomeLoansAndLeases
Interest and dividends on securities available for sale:    
Taxable interest income 376us-gaap_InterestIncomeSecuritiesTaxable 507us-gaap_InterestIncomeSecuritiesTaxable
Interest income exempt from federal income taxes 243us-gaap_InterestIncomeSecuritiesTaxExempt 286us-gaap_InterestIncomeSecuritiesTaxExempt
Dividends 7us-gaap_DividendIncomeOperating 25us-gaap_DividendIncomeOperating
Interest on deposits with other institutions 11us-gaap_InterestIncomeDepositsWithFinancialInstitutions 1us-gaap_InterestIncomeDepositsWithFinancialInstitutions
Total interest and dividend income 5,938us-gaap_InterestAndDividendIncomeOperating 6,150us-gaap_InterestAndDividendIncomeOperating
Interest Expense    
Interest on deposits 184us-gaap_InterestExpenseDeposits 244us-gaap_InterestExpenseDeposits
Interest on federal funds purchased and securities sold under agreements to repurchase 0us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase 13us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
Interest on Federal Home Loan Bank advances 134us-gaap_InterestExpenseBorrowings 159us-gaap_InterestExpenseBorrowings
Interest on trust preferred capital notes 33us-gaap_InterestExpenseTrustPreferredSecurities 33us-gaap_InterestExpenseTrustPreferredSecurities
Interest on interest rate swap 46efsi_InterestOnInterestRateSwap 46efsi_InterestOnInterestRateSwap
Total interest expense 397us-gaap_InterestExpense 495us-gaap_InterestExpense
Net interest income 5,541us-gaap_InterestIncomeExpenseNet 5,655us-gaap_InterestIncomeExpenseNet
Provision For Loan Losses 133us-gaap_ProvisionForLoanAndLeaseLosses 283us-gaap_ProvisionForLoanAndLeaseLosses
Net interest income after provision for loan losses 5,408us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 5,372us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss
Noninterest Income    
Income from fiduciary activities 428us-gaap_FeesAndCommissionsFiduciaryAndTrustActivities 299us-gaap_FeesAndCommissionsFiduciaryAndTrustActivities
Service charges on deposit accounts 290us-gaap_FeesAndCommissionsDepositorAccounts 333us-gaap_FeesAndCommissionsDepositorAccounts
Other service charges and fees 756us-gaap_FeesAndCommissionsOther 653us-gaap_FeesAndCommissionsOther
Gain on sale of securities 74us-gaap_GainLossOnSaleOfSecuritiesNet 0us-gaap_GainLossOnSaleOfSecuritiesNet
Other operating income 81us-gaap_NoninterestIncomeOther 66us-gaap_NoninterestIncomeOther
Total noninterest income 1,629us-gaap_NoninterestIncome 1,351us-gaap_NoninterestIncome
Noninterest Expenses    
Salaries and employee benefits 2,995us-gaap_LaborAndRelatedExpense 2,825us-gaap_LaborAndRelatedExpense
Occupancy expenses 346us-gaap_OccupancyNet 337us-gaap_OccupancyNet
Equipment expenses 146us-gaap_EquipmentExpense 182us-gaap_EquipmentExpense
Advertising and marketing expenses 119us-gaap_MarketingAndAdvertisingExpense 132us-gaap_MarketingAndAdvertisingExpense
Stationery and supplies 51us-gaap_SuppliesAndPostageExpense 90us-gaap_SuppliesAndPostageExpense
ATM network fees 158efsi_AtmNetworkFees 157efsi_AtmNetworkFees
Other real estate owned expense 6efsi_OtherRealEstateOwnedExpense 4efsi_OtherRealEstateOwnedExpense
Gains (Losses) on Sales of Other Real Estate 19us-gaap_GainsLossesOnSalesOfOtherRealEstate 0us-gaap_GainsLossesOnSalesOfOtherRealEstate
FDIC assessment 108us-gaap_FederalDepositInsuranceCorporationPremiumExpense 81us-gaap_FederalDepositInsuranceCorporationPremiumExpense
Computer software expense 221us-gaap_InformationTechnologyAndDataProcessing 199us-gaap_InformationTechnologyAndDataProcessing
Bank franchise tax 117efsi_BankFranchiseTax 102efsi_BankFranchiseTax
Professional fees 242us-gaap_ProfessionalFees 217us-gaap_ProfessionalFees
Other operating expenses 530us-gaap_OtherNoninterestExpense 517us-gaap_OtherNoninterestExpense
Total noninterest expenses 5,058us-gaap_NoninterestExpense 4,843us-gaap_NoninterestExpense
Income before income taxes 1,979us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 1,880us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income Tax Expense 524us-gaap_IncomeTaxExpenseBenefit 517us-gaap_IncomeTaxExpenseBenefit
Net income $ 1,455us-gaap_NetIncomeLoss $ 1,363us-gaap_NetIncomeLoss
Earnings Per Share    
Net income per common share, basic $ 0.42us-gaap_EarningsPerShareBasic $ 0.40us-gaap_EarningsPerShareBasic
Net income per common share, diluted $ 0.42us-gaap_EarningsPerShareDiluted $ 0.40us-gaap_EarningsPerShareDiluted