Company: EMYB
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001449794-25-000020
Chunk: 7

Company: Embassy Bancorp, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 8
Chunk 7
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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 $ - At June 30, 2025, the Company had no foreclosed assets and had one (1) recorded investment in mortgage loans collateralized by residential real estate in the process of foreclosure in the amount of $196 thousand. Subsequent to June 30, 2025, in July 2025, this foreclosure was finalized and the collateralized residential real estate property was taken to other real estate owned. At December 31, 2024, the Company had no foreclosed assets and had two (2) recorded investments in mortgage loans collateralized by residential real estate in the process of foreclosure in the amount of $216 thousand. ‎ 

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

 The following tables detail the activity in the allowance for credit losses for the three and six months ended June 30, 2025 and June 30, 2024, respectively:                     Commercial Real Estate Commercial Construction Commercial Residential Real Estate Consumer Total                    Allowance for credit losses(In Thousands) Three Months Ending June 30, 2025                  Beginning Balance - March 31, 2025$ 5,985  $ 247  $ 527  $ 5,433  $ 30  $ 12,222     Charge-offs  (136)   -   (15)   -   (1)   (152)    Recoveries  -   -   -   -   -   -    Provisions (credits) on loans  (56)   (53)   (51)   1    (6)   (165) Ending Balance - June 30, 2025$ 5,793  $ 194  $ 461  $ 5,434  $ 23  $ 11,905                     Six Months Ending June 30, 2025                  Beginning Balance - December 31, 2024$ 5,897  $ 257  $ 536  $ 5,446  $ 30  $ 12,166     Charge-offs