Company: EMYB
Filing Date: 2025-03-17
Form Type: 10-K
Source: 0001449794-25-000002
Chunk: 7

Company: Embassy Bancorp, Inc.
Filing Date: 2025-03-17
Form: 10-K
Item: Item 7A
Chunk 7
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   -   254Shares issued under employee stock purchase‎   plan, 4,766 shares  5   65   -   -   -   70Purchase treasury stock, 4,351 shares at                    $16.50 per share  -   -   -   -   (72)   (72)BALANCE - DECEMBER 31, 2024$ 7,793 $ 28,802 $ 123,259 $ (50,635) $ (2,739) $ 106,480 See notes to consolidated financial statements.‎ 

58    Embassy Bancorp, Inc.  

  Consolidated Statements of Cash Flows              Year Ended December 31,  2024 2023       (In Thousands)CASH FLOWS FROM OPERATING ACTIVITIES     Net income $ 10,440  $ 12,656 Adjustments to reconcile net income to net cash provided by operating activities:     Credit for credit losses  (433)   (178)Amortization of deferred loan costs  309    234 Depreciation  1,147    915 Net accretion of investment security premiums and discounts  (922)   (559)Stock compensation expense  521    568 Income on bank owned life insurance  (1,312)   (736)Deferred income taxes (46)   (84)Increase in accrued interest receivable  (306)   (372)Decrease in other assets  1,587    1,054 (Decrease) increase in accrued interest payable  (32)   6,858 Decrease in other liabilities  (1,009)   (858)Net Cash Provided by Operating Activities  9,944    19,498 CASH FLOWS FROM INVESTING ACTIVITIES     Purchases of securities available for sale  (44,262)   (4,874)Maturities, calls and principal repayments of securities available for sale   31,637    55,741 Net increase in loans  (14,554)   (45,372)Net redemption (purchase) of restricted investment in bank stock  795    (1,463)Purchase of bank owned life insurance  (9,030)   -Purchases of premises and equipment  (739)   (806)Proceeds on bank owned life insurance  -   29