Company: EMYB
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001449794-25-000020
Chunk: 42

Company: Embassy Bancorp, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 8
Chunk 42
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rual - consumer  485    344    292 Loans past due 90 or more days, accruing interest  -   -   496 Total nonperforming loans  485    495    788 Foreclosed assets  -   -   -Total nonperforming assets$ 485  $ 495  $ 788 Nonperforming loans to total loans 0.04%  0.04%  0.06%Nonperforming assets to total assets 0.03%  0.03%  0.05%Non-accrual loans to total loans 0.04%  0.04%  0.02%Allowance to non-accrual loans 2454.64%  2457.78%  4193.84%Net charge-offs to average loans -0.01%  -0.02%  -0.02% Premises and Equipment Company premises and equipment, net of accumulated depreciation, decreased $154 thousand from December 31, 2024 to June 30, 2025. This decrease is primarily due to depreciation on existing premises and equipment, offset by new purchases. Deposits Total deposits at June 30, 2025 increased by $57.2 million to $1.61 billion from $1.55 billion at December 31, 2024. The increase in the Company’s deposits was due to an increase of $7.4 million in demand, NOW and money market deposits, an increase of $9.7 million in savings, and an increase of $40.1 million in time deposits. Included in the above mentioned increase was a $9.0 million increase in non-interest bearing demand business deposits, offset by a $10.1 million decrease in non-interest bearing demand personal deposits. Included in total deposits at June 30, 2025 were personal deposits of $1.12 billion, business deposits of $392.8 million, and municipal deposits of $102.0 million. Included in total deposits at December 31, 2024 were personal deposits of $1.11 billion, business deposits of $351.9 million, and municipal deposits of $93.4 million. The Company continues to see steady increases in new deposit accounts and customer relationships. The estimated amount of uninsured assessable deposits, including related interest accrued and unpaid, at June 30, 2025 and December