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

Company: Embassy Bancorp, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 8
Chunk 10
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 modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. There were $59 thousand and $136 thousand of modifications to borrowers experiencing financial difficulties that were outstanding at June 30, 2025 and December 31, 2024, respectively.  Note 6 – Deposits The components of deposits at June 30, 2025 and December 31, 2024 are as follows:                 June 30, 2025 December 31, 2024 (In Thousands)      Demand, non-interest bearing$350,263 $351,371Demand, NOW and money market, interest bearing 279,310  270,775Savings 453,781  444,102Time, $250 and over 180,767  167,615Time, other 346,086  319,096Total deposits$1,610,207 $1,552,959 ‎ 

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

 At June 30, 2025, the scheduled maturities of time deposits are as follows (in thousands):                       2025 (remainder of the year)$ 351,610  2026  165,646  2027  6,666  2028  2,791  2029  116  2030  24   $ 526,853        Note 7 – Short-term and Long-term Borrowings Securities sold under agreements to repurchase, federal funds purchased, and FHLB short term advances generally represent overnight or less than twelve month borrowings. Long term advances from the FHLB are for periods of twelve months or more and are generally less than sixty months. The Bank has an agreement with the FHLB, which allows for borrowings up to a percentage of qualifying assets. At June 30, 2025, the Bank had a maximum borrowing capacity for short-term and long-term FHLB advances of approximately $702.0 million, of which $701.8 million is available for borrowing at June 30, 2025. This borrowing capacity with the FHLB includes a line of credit of $150.0 million. The Bank had an outstanding FHLB letter of credit in the amount of $160 thousand as of June 30, 2025. There were no FHLB short-term or long-term advances outstanding as of June 30, 2025. There