Company: EMYB
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001449794-25-000009
Chunk: 2

Company: Embassy Bancorp, Inc.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 8
Chunk 2
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SE) - ‎   Mortgage-backed securities - residential  224,470   -   (49,264)   175,206Total$ 344,923 $ 26 $ (64,121) $ 280,828 The amortized cost and fair value of securities as of March 31, 2025, by contractual maturity, are shown below. Expected maturities may differ from contractual maturities because borrowers may have the right to prepay obligations with or without any penalties.                   Amortized  Fair    Cost  Value           (In Thousands) March 31, 2025:       Due in one year or less $ 39,616 $ 39,546 Due after one year through five years   57,018   57,213 Due after five years through ten years   7,116   6,606 Due after ten years   62,921   48,270     166,671   151,635 U.S. Government Sponsored Enterprise (GSE) - Mortgage-backed securities - residential   220,948   175,376 Total $387,619 $327,011         There were no sales of securities for the three months ended March 31, 2025 and 2024.  Securities with a carrying value of $136.2 million and $152.4 million at March 31, 2025 and December 31, 2024, respectively, were subject to agreements to repurchase, pledged to secure public deposits, or pledged for other purposes required or permitted by law.‎ 

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

 The following table shows the Company’s investments’ gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at March 31, 2025 and December 31, 2024:                                        Less Than 12 Months  12 Months or More  Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses                  March 31, 2025:(In Thousands)U.S. Treasury securities$ 27,187 $ (18) $ 4,976 $ (23) $ 32,163 $ (41)U.S. Government agency obligations  9,977   (24)   2,460   (31)   12,437   (55)M