Company: EMYB
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001449794-25-000035
Chunk: 42

Company: Embassy Bancorp, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 42
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 more of the borrowers’ affiliates. At September 30, 2025, the Company’s office space portfolio included no exposure to properties in major metropolitan markets. Commercial real estate loans have drawn the attention of the regulators in recent years as a potential source of risk. The Company monitors these types of loans closely, obtaining updated appraisals on loans when required. As detailed in the Allowance for Credit Losses table, the Company had no charge-offs in this category in 2024, and $136 thousand in commercial real estate charge-offs in 2025. The Company believes it has taken the appropriate steps to implement appropriate risk management practices for its commercial real estate loan portfolio, which are subject to regulatory examination.‎ 

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 The details for non-performing loans and assets are included in the following table:            September 30, 2025  December 31, 2024  September 30, 2024          (In Thousands)Non-accrual - commercial$ - $ 151  $ 664 Non-accrual - consumer  496    344    544 Loans past due 90 or more days, accruing interest  -   -   -Total nonperforming loans  496    495    1,208 Foreclosed assets  -   -   -Total nonperforming assets$ 496  $ 495  $ 1,208 Nonperforming loans to total loans 0.04%  0.04%  0.10%Nonperforming assets to total assets 0.03%  0.03%  0.07%Non-accrual loans to total loans 0.04%  0.04%  0.10%Allowance to non-accrual loans 2407.46%  2457.78%  1010.43%Net charge-offs (recoveries) to average loans 0.01%  -0.02%  -0.02% Premises and Equipment Company premises and equipment, net of accumulated depreciation, decreased $308 thousand from December 31, 2024 to September 30, 2025. This decrease is primarily due to depreciation on existing premises and equipment, offset by new purchases. Deposits Total deposits at September 30, 2025 increased by $67.6 million to $1.62 billion from $1.55 billion at December 31