Company: EMYB
Filing Date: 2025-03-17
Form Type: 10-K
Source: 0001449794-25-000002
Chunk: 27

Company: Embassy Bancorp, Inc.
Filing Date: 2025-03-17
Form: 10-K
Item: Item 7A
Chunk 27
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 remaining collateral dependent nonaccrual loans did not have a required related allowance. There was interest income of $14 thousand recognized for the year ended December 31, 2024, respectively, on these non-accrual loans. As of December 31, 2023, there were three (3) loans in non-accrual status in the amount of $366 thousand. There was a required related allowance of $66 thousand for these collateral dependent non-accrual loans. There was interest income recognized of $7 thousand for the year ended December 31, 2023. The performance and credit quality of the loan portfolio is also monitored by analyzing the age of the loans receivable as determined by the length of time a recorded payment is past due. The following table presents the classes of the loan portfolio summarized by the past due status as of December 31, 2024 and 2023, respectively:                              Greater           Loan      than       Receivables > 30-59 Days 60-89 Days 90 Days Total   Total Loan  90 Days and  Past Due Past Due Past Due Past Due Current Receivables Accruing                      December 31, 2024(In Thousands)Commercial real estate$ - $ - $ 136 $ 136 $ 536,458 $ 536,594 $ -Commercial construction  -   -   -   -   22,556   22,556   -Commercial  -   -   15   15   39,369   39,384   -Residential real estate  752   -   215   967   667,758   668,725   -Consumer  -   -   -   -   475   475   -             Total$ 752 $ - $ 366 $ 1,118 $ 1,266,616 $ 1,267,734 $ - December 31, 2023                    Commercial real estate$ 630 $ - $ - $ 630 $ 538,404 $ 539,034 $ -Commercial construction  -   -   -   -   16,840   16,840   -Commercial  -   -   -   -   33,951   33,951   -Residential real estate  344   -   193   537   662,590   663,127   -Consumer  -   -   -   -   565   565