Company: EMYB
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001449794-25-000035
Chunk: 20

Company: Embassy Bancorp, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 20
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 upon independent market prices or appraised value of the property. These assets would be included in Level 3 fair value based upon the lowest level of input that is significant to the fair value measurement. At September 30, 2025 and December 31, 2024, respectively, the Company had no real estate properties acquired through, or in lieu of, foreclosure.  The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis and for which the Company has utilized Level 3 inputs to determine fair value:                      Quantitative Information about Level 3 Fair Value Measurements  DescriptionFair Value‎Estimate Valuation Techniques Unobservable Input Range‎(Weighted Average)             (Dollars In Thousands) September 30, 2025:         Loans Individually evaluated for credit losses$ 926 Appraisal of real estate collateral  Appraisal adjustments (1) 0% to -25% (-25.0%)     and pending agreement of sale Liquidation expenses (2) 0% to -7.5% (-7.5%)  December 31, 2024:         Loans Individually evaluated for credit losses$ 557 Appraisal of real estate collateral  Appraisal adjustments (1) 0% to -25% (-25.0%)     and pending agreement of sale Liquidation expenses (2) 0% to -7.5% (-7.5%)  1.Appraisals may be adjusted by management for qualitative factors including economic conditions and the age of the appraisal. The range and weighted average of appraisal adjustments are presented as a percent of the appraisal.2.Appraisals and pending agreements of sale are adjusted by management for liquidation expenses. The range and weighted average of liquidation expense adjustments are presented as a percent of the appraisal or pending agreement of sale.‎ 

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

 The estimated fair values of the Company’s financial instruments were as follows at September 30, 2025 and December 31, 2024:                                            (Level 1)                  Quoted   (Level 2)              Prices in  Significant  (Level 3)           Active   Other  Significant     Carrying   Fair Value  Markets for    Observable  Unobservable     Amount   Estimate  Identical Assets  Inputs   Inputs                    (In Thousands) September 30, 2025:                Financial assets:                Cash and cash equivalents $