Company: EMYB
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001449794-25-000009
Chunk: 11

Company: Embassy Bancorp, Inc.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 8
Chunk 11
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:                 March 31, 2025 December 31, 2024 (In Thousands)      Demand, non-interest bearing$349,096 $351,371Demand, NOW and money market, interest bearing 286,904  270,775Savings 463,489  444,102Time, $250 and over 177,553  167,615Time, other 334,905  319,096Total deposits$1,611,947 $1,552,959 At March 31, 2025, the scheduled maturities of time deposits are as follows (in thousands):                     2025 (remainder of the year)$ 394,797  2026  108,994  2027  5,823  2028  2,713  2029  122  2030  9   $ 512,458       Note 7 – Short-term and Long-term Borrowings Securities sold under agreements to repurchase, federal funds purchased, and FHLB short term advances generally represent overnight or less than twelve month borrowings. Long term advances from the FHLB are for periods of twelve months or more and are generally less than sixty months. The Bank has an agreement with the FHLB, which allows for borrowings up to a percentage of qualifying assets. At March 31, 2025, the Bank had a maximum borrowing capacity for short-term and long-term FHLB advances of approximately $681.9 million, of which $681.8 million is available for borrowing at March 31, 2025. This borrowing capacity with the FHLB includes a line of credit of $150.0 million. The Bank had an outstanding FHLB letter of credit in the amount of $160 

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

thousand as of March 31, 2025. There were no FHLB short-term or long-term advances outstanding as of March 31, 2025. There were $15.6 million short-term FHLB advances outstanding and no long-term FHLB advances outstanding as of December 31, 2024. All FHLB borrowings are secured by qualifying assets of the Bank. The Bank has a federal funds line of credit with the ACBB of $10.0 million, of which none was outstanding at March 31, 2025 and December