secwatch.observer — SEC 8-K summary
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Issuer:     EAGLE FINANCIAL SERVICES INC (EFSI)
CIK:        0000880641
Form:       8-K
Filed at:   2022-05-03T23:59:59+00:00
Accession:  0001564590-22-017262
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eagle Financial Q1 net income $3.3M ($0.94 EPS); loan portfolio tops $1B
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- Net income $3.3M, up 42.4% QoQ and 13.6% YoY; diluted EPS $0.94, annualized EPS record $3.80.
- Net interest income $11.1M, flat QoQ but up 16.8% YoY; NIM 3.61% vs 3.67% prior quarter.
- Total assets $1.37B (+5.5% QoQ); net loans $1.01B, deposits $1.23B (+$54.1M QoQ).
- Issued $30M of 4.50% Fixed-to-Floating Subordinated Notes due 2032 for general corporate purposes.
- Board declared $0.28/share cash dividend, payable May 18, 2022 to holders of record May 4, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880641/000156459022017262/0001564590-22-017262-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880641/000156459022017262/efsi-8k_20220502.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-017262

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