Eagle Financial Services (Eagle Financial Services) Allowance For Loans And Lease Losses : $-14.49 Mil (As of Dec. 2023)

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What is Eagle Financial Services Allowance For Loans And Lease Losses?

Eagle Financial Services's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-14.49 Mil.

Eagle Financial Services's quarterly Allowance For Loans And Lease Losses declined from Jun. 2023 ($-14.51 Mil) to Sep. 2023 ($-14.57 Mil) but then increased from Sep. 2023 ($-14.57 Mil) to Dec. 2023 ($-14.49 Mil).

Eagle Financial Services's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-8.79 Mil) to Dec. 2022 ($-11.22 Mil) and declined from Dec. 2022 ($-11.22 Mil) to Dec. 2023 ($-14.49 Mil).

Eagle Financial Services Allowance For Loans And Lease Losses Historical Data

The historical data trend for Eagle Financial Services's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Eagle Financial Services Allowance For Loans And Lease Losses Chart

Eagle Financial Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-4.97

-7.10

-8.79

-11.22

-14.49

Eagle Financial Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-11.22	-13.95	-14.51	-14.57	-14.49

Eagle Financial Services Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Eagle Financial Services Allowance For Loans And Lease Losses Related Terms

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Eagle Financial Services (Eagle Financial Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Eagle Financial Services Inc (OTCPK:EFSI) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 East Main Street, P.O. Box 391, Berryville, VA, USA, 22611

Website

https://www.bankofclarke.bank

Eagle Financial Services Inc is a locally owned and managed financial institution. It offers retail and commercial banking services, including demand, savings and time deposits and consumer, mortgage, and commercial loans. It also offers telephone banking, internet banking, and mobile banking to its customers. The Company has two reportable operating segments, community banking and marine lending. Bank generates its majority revenue from Community Banking Interest Income.

Executives

Debra L Purrington	officer: EXECUTIVE OFFICER	PO BOX 391, BERRYVILLE VA 22611
John R Milleson	director, officer: EXECUTIVE OFFICER
Brandon Craig Lorey	director, officer: EXECUTIVE OFFICER	PO BOX 391, BERRYVILLE VA 22611
Marianne Schmidt	officer: EXECUTIVE OFFICER	PO BOX 391, BERRYVILLE VA 22611
Herve A Bonnet	officer: EXECUTIVE OFFICER	PO BOX 391, BERRYVILLE VA 22611
Tatiana C Matthews	director	PO BOX 391, BERRYVILLE VA 22611
Edward Iii Hill	director	PO BOX 391, BERRYVILLE VA 22611
Kathleen S Croson	officer: EXECUTIVE OFFICER	PO BOX 391, BERRYVILLE VA 22611
Todd A Braithwaite	officer: EXECUTIVE OFFICER	PO BOX 391, BERRYVILLE VA 22611
George James S Ii	officer: EXECUTIVE OFFICER	PO BOX 391, BERRYVILLE VA 22611
Aaron M Poffinberger	officer: EXECUTIVE OFFICER	PO BOX 391, BERRYVILLE VA 22611
Scott M Hamberger	director	PO BOX 391, BERRYVILLE VA 22611
Wilkins James R Jr	director
Thomas T Gilpin	director
Thomas T Byrd	director