Company: EMYB
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001449794-25-000009
Chunk: 28

Company: Embassy Bancorp, Inc.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 8
Chunk 28
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2.25% on a US GAAP basis and 2.29% on a tax equivalent (non-US GAAP) basis for the three months ended March 31, 2024. ‎ 

27  

 The tables below set forth average balances and corresponding yields for the corresponding periods ended March 31, 2025 and 2024, respectively: Distribution of Assets, Liabilities and Stockholders’ Equity:Interest Rates and Interest Differential (quarter to date)                   Three Months Ended March 31,   2025  2024        Tax       Tax  Average     Equivalent Average     Equivalent  Balance  Interest  Yield Balance  Interest  Yield                    (Dollars In Thousands)                  ASSETS                Loans - taxable (2)$ 1,242,876 $ 13,706 4.47% $1,234,552 $12,857 4.19% Loans - non-taxable (1)  26,627   253 4.88%   27,324   229 4.27% Investment securities - taxable   269,447   1,970 2.97%   227,927   1,416 2.50% Investment securities - non-taxable (1)   40,352   297 3.78%   41,406   298 3.66% Federal funds sold  1,000   11 4.46%   974   13 5.37% Interest bearing deposits with banks  64,161   701 4.43%   20,789   284 5.49% TOTAL INTEREST EARNING ASSETS  1,644,463   16,938 4.21%   1,552,972   15,097 3.95% Less allowance for credit losses  (12,180)        (12,570)      Other assets  83,062        79,612      TOTAL ASSETS$1,715,345      $1,620,014                       LIABILITIES AND STOCKHOLDERS' EQUITY                Interest bearing demand deposits, ‎   NOW and money market$ 268,037 $ 928 1.40% $247,556 $851 1.38% Savings  454,441   957 0.85%   483,047   954 0.79% Certificates of deposit