Company: EMYB
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001449794-25-000035
Chunk: 32

Company: Embassy Bancorp, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 32
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   468,302   5,337 4.53% Securities sold under agreements to repurchase‎and other borrowings  11,449   34 1.18%   20,049   165 3.27% TOTAL INTEREST BEARING LIABILITIES  1,279,107   7,404 2.30%   1,226,626   7,752 2.51%                  Non-interest bearing demand deposits  342,838        339,961      Other liabilities  23,996        24,888      Stockholders' equity  116,775        107,910      TOTAL LIABILITIES AND‎STOCKHOLDERS' EQUITY$1,762,716      $1,699,385                       Net interest income    $10,851      $9,170   Tax equivalent adjustments                    Loans    66       62       Investments    79       79   Total tax equivalent adjustments    145       141   Net interest income on a tax equivalent basis   $10,996      $9,311   Net interest spread (US GAAP basis)      2.00%       1.62% Net interest margin (US GAAP basis)      2.54%       2.24% Net interest spread (non-US GAAP basis) (3)      2.02%       1.65% Net interest margin (non-US GAAP basis) (3)      2.58%       2.27% Cost of funds      1.81%       1.97%  (1)Yields on tax exempt assets have been calculated on a fully tax equivalent basis at a tax rate of 21% for the three months ended September 30, 2025 and 2024, respectively.(2)The average balance of taxable loans includes loans in which interest is no longer accruing.(3)Non-US GAAP net interest spread and net interest margin calculated on a fully tax equivalent basis at a tax rate of 21% for the three months ended September 30, 2025 and 2024, respectively.‎ 

32  

 Distribution of Assets, Liabilities and Stockholders’ Equity:Interest Rates and Interest Differential (year to date)                     Nine Months Ended September 30,                    2025   2024                         Tax       Tax  Average     Equivalent Average     Equivalent  Balance Interest  Yield Balance Interest