Eagle Financial Services Q2 net income $3.0M, EPS $0.87, raises dividend to $0.28

EAGLE FINANCIAL SERVICES INC

2021-Q2 EPS reported $1.71

Net income $3.0M, up 4.9% from Q1 2021 and 6.5% YoY; diluted EPS $0.87.
Net interest margin 3.56%; net interest income $10.0M (up from $9.5M in Q1).
Deposits grew $31.4M to $1.10B; total assets $1.22B.
Quarterly cash dividend $0.28 per share, payable Aug 20 to holders of record Aug 9 (increase of $0.01).
Loan production $122M; PPP forgiveness $38M; net loan growth $3.5M.

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