Company: EMYB
Filing Date: 2025-03-17
Form Type: 10-K
Source: 0001449794-25-000002
Chunk: 25

Company: Embassy Bancorp, Inc.
Filing Date: 2025-03-17
Form: 10-K
Item: Item 7A
Chunk 25
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    -   241     Provisions (credits) on loans  (451)   62    (384)   222    26    -   (525) Ending Balance - December 31, 2024$ 5,897  $ 257  $ 536  $ 5,446  $ 30  $ - $ 12,166                        Year Ending December 31, 2023                     Beginning Balance - December 31, 2022$ 5,113  $ 200  $ 1,289  $ 4,960  $ 13  $ 874  $ 12,449     January 1, 2023 adoption of ASU 2016-13  492    77    (172)   522    19    (750)   188     Charge-offs  -   -   -   -   -   -   -    Recoveries  -   -   -   2    -   -   2     Provisions (credits) on loans  503    (82)   (197)   (260)   (18)   (124)   (178) Ending Balance - December 31, 2023$ 6,108  $ 195  $ 920  $ 5,224  $ 14  $ - $ 12,461  ‎ 

72    Embassy Bancorp, Inc.  

 The following tables represent the allocation for credit losses and the related loan portfolio disaggregated based on impairment methodology at December 31, 2024 and December 31, 2023:                                     Commercial Real Estate Commercial Construction Commercial Residential Real Estate Consumer Total                   (In Thousands) December 31, 2024                 Allowance for Credit Losses                 Ending Balance$ 5,897 $ 257 $ 536 $ 5,446 $ 30 $ 12,166Ending balance: individually evaluated for impairment - real estate collateral dependent$ - $ 19 $ - $ 81 $ - $ 100Ending balance: individually evaluated for impairment - non-collateral dependent$ - $ - $ 34 $ - $ - $ 34Ending balance: collectively evaluated for impairment$ 5,897 $ 238 $ 502 $ 5,365 $ 30 $ 12,032                  Loans receivables:                 Ending balance$ 536,594 $ 22,556 $