Eagle Financial Services Inc · NASDAQ:EFSI
Eagle Financial Services — Q3 2026 Earnings Presentation
15 slides from Eagle Financial Services's earnings presentation, Oct 22, 2026
Slide 1: Earnings Presentation 3rd Quarter 2026
—_ Earnings Presentation Eagle Financial 3rd Quarter 2026 Services, Inc. October 22, 2026 Nr
Slide 2: Forward Looking Statements
wefeew'.. Forward Looking Statements Forward Looking Statements Cersin information containes in this prezertation may inckide Yoworsroating naterents" within ne meaning of Section 274 af he Securtes Act cf 1933, ot omences, anc Sexton IIE of ne Securities Exchange Act of 1924, os omenced. Fororticce
Slide 3: Forward Looking Statements: Additional Information About the Proposed Merger
[~~ Eagle Financial Services, ~ Forward Looking Statements ‘Addona! Information Abou! the Proposed Merger and Where fo Find bn comaction with the proposes marger of Jonn Marshall ang the Company, Jahn Wiownl fes witn ihe SEC 2 regatotion statement on Farm S-4 (Fle No. 299-298278) en Oztower2 2024 at
Slide 4: Company Overview: The EFSI Story
won e wnfert!.. Company Overview The EFSI Story MARYLAND. Eagle Financial Services, Inc. is the parent company for Bank of Clarke, and was established over 140 years ago Annapaiis * Commercial focused banking institution operating in several [ASHINGTO! of the country’s most attractive markets = « De
Slide 5: Investment Highlights
one. INVestment Highlights Experienced Leadership Team | Scalable ' Attractive | Operating Model ' Markets of \ H Operation Eagle Financial Services, Inc. Diversified Loan Portfolio Disciplined Organic Growth Attractive Core Deposit Franchise Experienced Leadership Team Deep management team with com
Slide 6: Balance Sheet Growth
wnfeat,. Balance Sheet Growth Total Assets ($M) Gross Loans ($M) !1) $1,932 $1,889 $1,838 $1,847 $1,870 $1,404 $1,478 $1,464 Q3 2025 Q4 2025 QI 2026 Q2 2026 Q3 2026 Q3 2025 Q4 2025 Ql 2026 Q2 2026 Q3 2026 Total Deposits ($M) $1,655 $1,607 $1,598 $1,602 $1,623 Q3 2025 Q4 2025 Ql 2026 Q2 2026 Q3 2026
Slide 7: Deposit Portfolio
enforce. Deposit Portfolio Deposit Composition Deposit Composition Over Time ($M) fo ea = ("FA SAP 7 1 @3'26Total 1! Q3'26 Cost of ! t Deposis $1.68 § t_ Deposits: 178%} RS RT gig SS Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 ® Demand Deposits BTime Deposits ™MMDA. Savings. NOW Accounts Cost of Deposit
Slide 8: Loan Portfolio
eseferee,. Loan Portfolio Loan Composition Loan Focus Consumers oan C&D: 35% on Ta * Continued focus on providing credit to small- and CRE: 192% medium-sized businesses * Currently prioritizing C&l over owner-occupied lending * No shared national credit exposure and limited exposure to purchased and
Slide 9: Asset Quality
wnfea,. Asset Quality * Comprehensive and conservative underwriting process « Highly experienced bankers incentivized with equity ownership * Commitment to a diverse loan portfolio while maintaining strong asset quality metrics * Proactive approach to managing problem credits Qs of or for the three
Slide 10: Earnings, Book Value and Dividends
Earnings, Book Value and Dividends
Slide 11: Yield and Cost Analysis
wo fer Yield and Cost Analysis 596% 582% 548% 5.76% $.77% 430% iam 434% 434% 197% 194% 1.82% 1.84% Qi 26 ar % Qs 26 —YieldonlLoons ==NIM = YieldonSecurities —=Cost of Funds varter
Slide 12: Profitability Metrics
wnat, Profitability Metrics Return on Average Assets (ROAA) (%) Return on Average Equity (ROAE) (%) 1.10% 1.10% ; ; 1.08% 101% 1.07% 091K O.91R rye Ua 122% 12.2% - 92% 9.2% 9.7% 102% i 8.0% Q3'25 Q4'25 tf 26 Q2'26 Q3'26 Q3'25 Q4'25 QI‘26 Q2'26 Q3'26 BROAA ® Core ROAA iit @ROAE mCore ROAE |, Efficien
Slide 13: Capital Ratios
wo fer Capital Ratios Tangible Common Equity / Tangible Assets (%)'” Bank Level Leverage Ratio (%) 17% 12.1% 12.3% 12.3% 10.4% 10.5% 10.4% hamid 7 i i i i Q3 2025 Q4 2025 QI 2026 Q2 2026 Q3 2026 Q3 2025 Q4 2025 QI 2026 Q2 2026 Q3 2026 CET] Ratio (%) Total Risk-Based Capital Ratio (%) 12.5% 12.7% 12.
Slide 14: Non-GAAP Reconciliation
wwferat.. Non-GAAP Reconciliation September 30, December 31, March 31, June 30, September 2025 2025 2026 2026 2026 » PTPP Income Net Interest Income (GAAP) $17,199 $16,381 $15,903 $16,970 $17,629 Plus: Noninterest Income 5,165 5,355 4,928 8,590 5,296 Total Revenue (Non-GAAP) $22,364 $21,736 $20,831
Slide 15: Non-GAAP Reconciliation
wo fer Non-GAAP Reconciliation mber 30, December 31 March 31. June 30 September 30. 2025 2025 2026 2026 Adjusted Net Income Net Income $5,584 $4334 $3,740 $4,981 $4750 Plus: Merger-related expenses ° ° ° ° 342 Plus: Loss Gain] on the Sale of Other Asset 0 0 0 (3,486) 0 Tax Effect of Adjustments to N
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