** Community lender Eagle Financial Services' EFSI.O shares plunge as much as 10.6%; last down 7.6% at $29.93

** EFSI late Friday reported Q1 profit below Wall Street expectations, driven by higher bad loan provisions

** Provision for credit losses more than doubled to $1.1 million in Q1 from a year earlier

** Brokerage KBW says stock could be weak due to negative credit migration

** Lone analyst covering the stock rates "buy" with $40 PT - data compiled by LSEG

** As of last close, EFSI down 11% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))