EAGLE FINANCIAL SERVICES INC — Form 8-K

Eagle Financial Services reported Q2 2026 net income of $4.98M ($0.92 EPS); excluding a $3.5M pre-tax gain ($2.3M after-tax) from the sale of Bearing Insurance Group membership interest to an unaffiliated third party, adjusted net income was $2.23M. Gross loans grew $39.5M (2.7% QoQ) to $1.50B; net interest margin improved to 3.86% from 3.63% due to FHLB advance payoff and higher-cost deposit runoff. Provision for credit losses increased to $3.2M (vs. $2.0M prior quarter) driven by higher nonaccrual loans ($16.1M), with allowance/loans ratio at 1.22%. Total assets $1.85B (down 9.5% YoY from $2.04B); deposits $1.60B (down 9.4% YoY due to 2025 temporary large balances). Dividend declared: $0.31/share payable August 14, 2026.