Condensed Financial Information - Parent Company Only (Tables)

12 Months Ended

Dec. 31, 2015

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, 2015 and 2014

(dollars in thousands)

	2015		2014
Assets
Cash held in subsidiary bank	$	404	$	1,694
Due from banks	505		504
Securities available for sale	—		1,383
Loans, net of allowance	2,941		—
Investment in subsidiaries, at cost, plus undistributed net income	75,084		76,423
Other assets	4		392
Total assets	$	78,938	$	80,396
Liabilities and Shareholders’ Equity
Trust preferred capital notes	$	—	$	7,217
Other liabilities	717		47
Total liabilities	$	717	$	7,264
Shareholders’ Equity
Preferred stock	$	—	$	—
Common stock	8,758		8,621
Surplus	13,730		12,618
Retained earnings	54,682		50,578
Accumulated other comprehensive income	1,051		1,315
Total shareholders’ equity	$	78,221	$	73,132
Total liabilities and shareholders’ equity	$	78,938	$	80,396

Schedule Of Condensed Income Statement

EAGLE FINANCIAL SERVICES , INC.

(Parent Company Only)

Statements of Income

Years Ended December 31, 2015, 2014, and 2013

(dollars in thousands)

	2015			2014			2013
Income
Dividends from subsidiary bank	$	6,576		$	1,550		$	—
Interest and fees on loans	52			—			—
Other interest and dividends	11			183			98
Gain on redemption of trust preferred debt	2,424			—			—
Other (loss) income	(121		)	283			40
Total income	$	8,942		$	2,016		$	138
Expenses
Interest expense on borrowings	$	260		$	317		$	317
Other operating expenses	260			226			221
Total expenses	$	520		$	543		$	538
Income (loss) before income tax expense (benefit) and equity (deficit) in undistributed earnings of subsidiary bank	$	8,422		$	1,473		$	(400	)
Income Tax Expense (Benefit)	629			(37		)	(135		)
Income (loss) before equity (deficit) in undistributed earnings of subsidiary bank	$	7,793		$	1,510		$	(265	)
Equity (Deficit) in Undistributed Earnings of Subsidiary Bank	(896		)	5,630			7,423
Net income	$	6,897		$	7,140		$	7,158
Comprehensive income	$	6,633		$	8,150		$	4,015

Schedule Of Condensed Cash Flows Statement

EAGLE FINANCIAL SERVICES , INC.

(Parent Company Only)

Statements of Cash Flows

Years Ended December 31, 2015, 2014, and 2013

(dollars in thousands)

	2015			2014			2013
Cash Flows from Operating Activities
Net Income	$	6,897		$	7,140		$	7,158
Adjustments to reconcile net income to net cash provided by operating activities
Provision for loan losses	23			—			—
(Gain) on the sale of securities	(27		)	(283		)	—
(Gain) on the redemption of trust preferred capital notes	(2,424		)	—			—
Loss on derecognition of cash flow hedge	237			—			—
Fair value adjustment on derivative contract	(88		)	—			—
Stock-based compensation expense	328			290			305
(Discount accretion) premium amortization on securities	—			—			(1		)
Undistributed earnings of subsidiary bank	896			(5,630		)	(7,423		)
Changes in assets and liabilities:
Decrease (increase) in other assets	294			(10		)	138
Increase in other liabilities	814			1			1
Net cash provided by operating activities	$	6,950		$	1,508		$	178
Cash Flows from Investing Activities
Purchases of securities available for sale	$	—		$	(761	)	$	(1,044	)
Proceeds from the sale of securities available for sale	1,009			1,865			—
Proceeds from maturities of securities available for sale	385			405			1,458
Net (increase) in loans	(2,963		)	—			—
Net cash (used in) provided by investing activities	$	(1,569	)	$	1,509		$	414
Cash Flows from Financing Activities
Redemption of trust preferred capital notes	$	(4,793	)	$	—		$	—
Cash dividends paid	(2,064		)	(1,944		)	(1,909		)
Issuance of common stock, employee benefit plan	187			202			179
Stock options exercised	—			—			69
Net cash (used in) financing activities	$	(6,670	)	$	(1,742	)	$	(1,661	)
(Decrease) increase in cash	$	(1,289	)	$	1,275		$	(1,069	)
Cash
Beginning	$	2,198		$	923		$	1,992
Ending	$	909		$	2,198		$	923