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Condensed Financial Information - Parent Company Only | 12 Months Ended
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Dec. 31, 2020
Condensed Financial Information Of Parent Company Only Disclosure [Abstract] |
Condensed Financial Information - Parent Company Only | NOTE 23. Condensed Financial Information – Parent Company Only EAGLE FINANCIAL SERVICES, INC. (Parent Company Only) Balance Sheets December 31, 2020 and 2019 (dollars in thousands)
|  | 2020 |  |  | 2019 |
Assets |  |  |  |  |  |  |  |
Cash held in subsidiary bank |  | $ | 902 |  |  | $ | 989 |
Loans, net of allowance |  |  | 2,932 |  |  |  | 2,939 |
Investment in subsidiary |  |  | 101,104 |  |  |  | 92,257 |
Other assets |  |  | 136 |  |  |  | 141 |
Total assets |  | $ | 105,074 |  |  | $ | 96,326 |
Liabilities and Shareholders’ Equity |  |  |  |  |  |  |  |
Total liabilities |  | $ | — |  |  | $ | — |
Shareholders’ Equity |  |  |  |  |  |  |  |
Preferred stock |  | $ | — |  |  | $ | — |
Common stock |  |  | 8,460 |  |  |  | 8,529 |
Surplus |  |  | 10,811 |  |  |  | 11,406 |
Retained earnings |  |  | 82,524 |  |  |  | 74,909 |
Accumulated other comprehensive income |  |  | 3,279 |  |  |  | 1,482 |
Total shareholders’ equity |  | $ | 105,074 |  |  | $ | 96,326 |
Total liabilities and shareholders’ equity |  | $ | 105,074 |  |  | $ | 96,326 |
EAGLE FINANCIAL SERVICES, INC. (Parent Company Only) Statements of Income Years Ended December 31, 2020 and 2019 (dollars in thousands)
|  | 2020 |  |  | 2019 |
Income |  |  |  |  |  |  |  |
Dividends from subsidiary bank |  | $ | 4,250 |  |  | $ | 5,000 |
Interest and fees on loans |  |  | 133 |  |  |  | 134 |
Total income |  | $ | 4,383 |  |  | $ | 5,134 |
Expenses |  |  |  |  |  |  |  |
Other operating expenses |  | $ | 295 |  |  | $ | 457 |
Total expenses |  | $ | 295 |  |  | $ | 457 |
Income before income tax (benefit) and equity in undistributed earnings of subsidiary bank |  | $ | 4,088 |  |  | $ | 4,677 |
Income Tax (Benefit) |  |  | (34 | ) |  |  | (70 | )
Income before equity in undistributed earnings of subsidiary bank |  | $ | 4,122 |  |  | $ | 4,747 |
Equity in Undistributed Net Income of Subsidiary Bank |  |  | 7,050 |  |  |  | 5,012 |
Net income |  | $ | 11,172 |  |  | $ | 9,759 |
Comprehensive income |  | $ | 12,969 |  |  | $ | 12,794 |
EAGLE FINANCIAL SERVICES, INC. (Parent Company Only) Statements of Cash Flows Years Ended December 31, 2020 and 2019 (dollars in thousands)
|  | 2020 |  |  | 2019 |
Cash Flows from Operating Activities |  |  |  |  |  |  |  |
Net Income |  | $ | 11,172 |  |  | $ | 9,759 |
Adjustments to reconcile net income to net cash provided by operating activities |  |  |  |  |  |  |  |
Stock-based compensation expense |  |  | 604 |  |  |  | 562 |
Undistributed earnings of subsidiary bank |  |  | (7,050 | ) |  |  | (5,012 | )
Changes in assets and liabilities: |  |  |  |  |  |  |  |
Decrease (increase) in other assets |  |  | 5 |  |  |  | (50 | )
Net cash provided by operating activities |  | $ | 4,731 |  |  | $ | 5,259 |
Cash Flows from Investing Activities |  |  |  |  |  |  |  |
Net decrease (increase) in loans |  | $ | 7 |  |  | $ | (43 | )
Net cash provided by (used in) investing activities |  | $ | 7 |  |  | $ | (43 | )
Cash Flows from Financing Activities |  |  |  |  |  |  |  |
Cash dividends paid |  |  | (3,198 | ) |  |  | (2,996 | )
Issuance of common stock, employee benefit plan |  |  | 227 |  |  |  | 138 |
Retirement of common stock |  |  | (1,854 | ) |  |  | (1,771 | )
Net cash (used in) financing activities |  | $ | (4,825 | ) |  | $ | (4,629 | )
(Decrease) increase in cash |  | $ | (87 | ) |  | $ | 587 |
Cash |  |  |  |  |  |  |  |
Beginning |  | $ | 989 |  |  | $ | 402 |
Ending |  | $ | 902 |  |  | $ | 989 |

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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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04(Schedule I)) -URI http://asc.fasb.org/extlink&oid=120391182&loc=d3e5864-122674 Reference 2: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=108774443&loc=d3e5283-111683 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690 + Details
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