GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Eagle Financial Services Inc (NAS:EFSI) » Definitions » Credit Losses Provision

EFSI (Eagle Financial Services) Credit Losses Provision : $3.31 Mil (As of Mar. 2025)


View and export this data going back to 2025. Start your Free Trial

What is Eagle Financial Services Credit Losses Provision?

Eagle Financial Services's credit losses provision for the three months ended in Mar. 2025 was $1.23 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2025 was $3.31 Mil.

Eagle Financial Services's quarterly credit losses provision declined from Sep. 2024 ($1.54 Mil) to Dec. 2024 ($0.35 Mil) but then increased from Dec. 2024 ($0.35 Mil) to Mar. 2025 ($1.23 Mil).

Eagle Financial Services's annual credit losses provision declined from Dec. 2022 ($1.83 Mil) to Dec. 2023 ($1.65 Mil) but then increased from Dec. 2023 ($1.65 Mil) to Dec. 2024 ($2.55 Mil).


Eagle Financial Services Credit Losses Provision Historical Data

The historical data trend for Eagle Financial Services's Credit Losses Provision 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.

* Premium members only.

Eagle Financial Services Credit Losses Provision Chart

Eagle Financial Services Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 1.48 1.83 1.65 2.55

Eagle Financial Services Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.18 1.54 0.35 1.23

Eagle Financial Services Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.31 Mil.

* 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.


Eagle Financial Services Business Description

Traded in Other Exchanges
N/A
Address
2 East Main Street, P.O. Box 391, Berryville, VA, USA, 22611
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 three reportable operating segments, Community Banking, Marine Lending and Wealth Management. It generates a majority of its revenue from the Community Banking segment.
Executives
Scott M Hamberger director PO BOX 391, BERRYVILLE VA 22611
Marianne Schmidt officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
John R Milleson director, officer: EXECUTIVE OFFICER
Edward Iii Hill director PO BOX 391, BERRYVILLE VA 22611
Tatiana C Matthews director PO BOX 391, BERRYVILLE VA 22611
Kathleen S Croson officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Debra L Purrington officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Aaron M Poffinberger officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Joseph T Zmitrovich officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Kaley Ann Crosen officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Kathleen J Chappell officer: EXECUTIVE OFFICER 111 WEST WASHINGTON STREET, MIDDLEBURG VA 22117
George James S Ii officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Brandon Craig Lorey director, officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Todd A Braithwaite officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Cary R Claytor director PO BOX 391, BERRYVILLE VA 22611