Eagle Financial Services Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the company reported total interest and dividend income of $6,479,000 against $6,949,000 for the same period last year. Net interest income was $5,665,000 against $5,858,000 for the same period last year. The increase in net interest income resulted mostly from reduced interest costs and loan loss provisions. Income before income taxes was $2,205,000 against $806,000 for the same period last year. Net income was $1,581,000 or $0.47 per diluted share against $693,000 or $0.21 per diluted share for the same period last year. Tax-equivalent net interest income was $5,863,000 against $6,071,000 for the same period last year. Return on average total assets was 1.08% against 0.48% for the same period last year. Return on average total equity was 9.95% against 4.76% for the same period last year.

For the year, the company reported total interest and dividend income of $26,566,000 against $27,571,000 for the same period last year. Net interest income was $23,182,000 against $22,766,000 for the same period last year. The increase in net interest income for the year resulted mostly from the decline in the company's funding costs. Income before income taxes was $9,109,000 against $5,693,000 for the same period last year. Net income was $6,550,000 or $1.96 per diluted share against $4,322,000 or $1.31 per diluted share for the same period last year. Book value per share as at December 31, 2012 was $19.11 against $17.67 as at December 31, 2011. Tangible book value per share as at December 31, 2012 was $19.11 against $17.67 as at December 31, 2011.