Company: EMYB
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001449794-25-000009
Chunk: 8

Company: Embassy Bancorp, Inc.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 8
Chunk 8
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 $ 1,266,616 $ 1,267,734 $ - At March 31, 2025, the Company had no foreclosed assets and had one (1) recorded investment in mortgage loans collateralized by residential real estate property in the process of foreclosure in the amount of $196 thousand. At December 31, 2024, the Company had no foreclosed assets and had two (2) recorded investments in mortgage loans collateralized by residential real estate property in the process of foreclosure in the amount of $216 thousand. The following tables detail the activity in the allowance for credit losses for the three months ended March 31, 2025 and March 31, 2024, respectively:                     Commercial Real Estate Commercial Construction Commercial Residential Real Estate Consumer Total                    Allowance for credit losses(In Thousands) Three Months Ending March 31, 2025                  Beginning Balance - December 31, 2024$ 5,897  $ 257  $ 536  $ 5,446  $ 30  $ 12,166     Charge-offs  -   -   -   -   -   -    Recoveries  -   -   -   -   -   -    Provisions (credits) on loans  88    (10)   (9)   (13)   (0)   56  Ending Balance - March 31, 2025$ 5,985  $ 247  $ 527  $ 5,433  $ 30  $ 12,222                     Allowance for credit losses                  Three Months Ending March 31, 2024                  Beginning Balance - December 31, 2023$ 6,108  $ 195  $ 920  $ 5,224  $ 14  $ 12,461     Charge-offs  -   -   -   -   -   -    Recoveries  240    -   -   -   -   240     Provisions (credits) on loans  (132)   42    (367)   284    15    (158) Ending Balance - March 31, 2024$ 6,216  $ 237  $ 553  $ 5,508  $ 29  $ 12,543   ‎ 

15  Embassy Bancorp, Inc.                                                                                                                            Notes to Consolidated Financial Statements (Unaudited) 

 The following tables represent