Company: EMYB
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001449794-25-000020
Chunk: 43

Company: Embassy Bancorp, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 8
Chunk 43
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 31, 2024 was $550.9 million and $514.1 million, respectively. Liquidity Liquidity represents the Company’s ability to meet the demands required for the funding of loans and to meet depositors’ requirements for use of their funds. The Company’s sources of liquidity are cash balances, due from banks, and federal funds sold. Cash and cash equivalents were $91.8 million at June 30, 2025, compared to $96.5 million at December 31, 2024. Additional asset liquidity sources include principal and interest payments from the investment security and loan portfolios. Long-term liquidity needs may be met by selling unpledged securities available for sale, selling or participating loans, or raising additional capital. As noted above, selling of securities would not be a primary source of short term liquidity given the unrealized losses currently in the portfolio. At June 30, 2025, the Company had $328.3 million of available for sale securities, compared to $280.8 million at December 31, 2024. 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 were $15.6 million short-term FHLB advances outstanding and no long-term FHLB advances outstanding as of December 31, 2024. All FHLB borrowings are secured by qualifying assets of the Bank. The Bank has a federal funds line of credit with the ACBB of $10.0 million, of which none was outstanding at June 30, 2025 and December 31, 2024. Advances from this line are unsecured. The Bank is also eligible to borrow under the Federal Reserve Bank’s discount window borrowing programs. The Company has a revolving line of credit facility with the ACBB of $7.5 million, of which none was outstanding at June 30, 2025 and December 31, 2024. Advances from this line are unsecured.  The Bank is