Eagle Financial Services, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 9, 2026, reporting third-quarter net income of $4.75 million and total assets of $1.87 billion.

Key Highlights

  • Net income: $4,750 thousand for the three months ended September 30, 2026, compared to $5,584 thousand for the same period in 2025.
  • Nine-month net income: $13,471 thousand for the nine months ended September 30, 2026, up from $3,880 thousand for the same period in 2025.
  • Total assets: $1,870,465 thousand as of September 30, 2026, compared to $1,888,626 thousand at December 31, 2025.
  • Net interest income: $17,629 thousand for Q3 2026, compared to $17,199 thousand for Q3 2025; $50,502 thousand for the nine months ended September 30, 2026, versus $46,233 thousand for the same prior-year period.
  • Provision for credit losses: $6,514 thousand for the nine months ended September 30, 2026, compared to $3,013 thousand for the same period in 2025.
  • Merger-related expenses: $342 thousand recognized in Q3 2026, with no comparable amount in the prior-year quarter.
  • Shares outstanding: 5,413,262 shares of common stock as of November 4, 2026, including 86,912 shares of unvested restricted stock.

Eagle Financial Services Reports Q3 2026 Financial Results

According to the filing, Eagle Financial Services (NASDAQ:EFSI), a Virginia-based bank holding company headquartered in Berryville, VA, reported net income of $4,750 thousand for the three months ended September 30, 2026, compared to $5,584 thousand for the three months ended September 30, 2025. Basic and diluted earnings per share were $0.88 for Q3 2026, versus $1.04 for Q3 2025. For the nine-month period, the company reported net income of $13,471 thousand, or $2.49 per share basic and diluted, compared to $3,880 thousand, or $0.76 per share, for the nine months ended September 30, 2025.

The filing disclosed that total interest and dividend income was $25,218 thousand for Q3 2026, compared to $25,933 thousand for Q3 2025. Total interest expense declined to $7,589 thousand in Q3 2026 from $8,734 thousand in Q3 2025. Total noninterest income for the nine months ended September 30, 2026, was $18,814 thousand, compared to $1,528 thousand for the same period in 2025; the prior-year period included a loss on the sale of securities of $12,425 thousand. Total noninterest expenses rose to $16,127 thousand in Q3 2026 from $14,344 thousand in Q3 2025, with the company disclosing merger-related expenses of $342 thousand in Q3 2026 that were absent in the prior-year quarter. Salaries and employee benefits increased to $9,627 thousand from $8,717 thousand year over year for the quarter.

On the balance sheet, the filing reported total loans of $1,531,942 thousand and an allowance for credit losses of $18,533 thousand as of September 30, 2026, compared to loans of $1,473,077 thousand and an allowance of $15,320 thousand at December 31, 2025. Total deposits were $1,623,246 thousand at September 30, 2026, up from $1,607,360 thousand at year-end 2025. Long-term Federal Home Loan Bank advances were zero at September 30, 2026, compared to $40,000 thousand at December 31, 2025. Total shareholders' equity was $195,287 thousand at September 30, 2026, versus $188,839 thousand at December 31, 2025. Accumulated other comprehensive loss widened to $(8,234) thousand from $(5,260) thousand over the same period.

What Was Disclosed

Eagle Financial Services filed its quarterly report covering the period ended September 30, 2026, disclosing income statement, balance sheet, and cash flow data. The filing also noted the emergence of merger-related expenses of $342 thousand and a higher provision for credit losses for the nine-month period compared to 2025.