---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-044263"
form_type: "8-K"
ticker: "EFSI"
cik: "0000880641"
company_name: "EAGLE FINANCIAL SERVICES INC"
filed_at: "2023-08-24T23:59:59+00:00"
generated_at: "2026-06-11T04:31:35.305977+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Eagle Financial Services sells marine finance business to Axos Bank for $1.5M plus $61.8M loans

## Summary
- Asset purchase price $1.5M for servicing rights, client lists, and other assets of LaVictoire Finance.
- Axos Bank acquired $61.8M (par value) marine dealer floor plan loans under separate Loan Purchase Agreement.
- Bank of Clarke to continue servicing loans at 20 bps fee; two-year non-solicitation of employees.
- Transaction closed August 23, 2023; Seller retains all other business lines.
- No material financial guidance or earnings impact disclosed in the filing.

## SEC filing metadata
- accession: 0000950170-23-044263
- form_type: 8-K
- ticker: EFSI
- cik: 0000880641
- company_name: EAGLE FINANCIAL SERVICES INC
- filed_at: 2023-08-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/880641/000095017023044263/0000950170-23-044263-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/880641/000095017023044263/efsi-20230823.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-044263
- JSON: https://secwatch.observer/filing/0000950170-23-044263.json
- Plain text: https://secwatch.observer/filing/0000950170-23-044263.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.