$EMYB

Embassy Bancorp, Inc.

CIK:0001449794|SEC Filings

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
INTEREST INCOME
Loans, including fees	$ 15,403	$ 14,404	$ 30,371	$ 28,363
Securities, taxable	2,458	2,248	4,784	4,218
Securities, non-taxable	298	297	596	594
Short-term investments, including federal funds sold	1,088	777	2,000	1,489
Total Interest Income	19,247	17,726	37,751	34,664
INTEREST EXPENSE
Deposits	7,122	7,270	14,159	14,333
Securities sold under agreements to repurchase and federal funds purchased	21	37	47	82
Short-term borrowings				2
Total Interest Expense	7,143	7,307	14,206	14,417
Net Interest Income	12,104	10,419	23,545	20,247
PROVISION (CREDIT) FOR CREDIT LOSSES	384	(178)	404	(131)
Net Interest Income after Provision (Credit) for Credit Losses	11,720	10,597	23,141	20,378
OTHER NON-INTEREST INCOME
Merchant and credit card processing fees	71	59	138	128
Debit card interchange fees	269	243	503	459
Other service fees	219	170	426	343
Bank owned life insurance	496	464	704	635
Total Other Non-Interest Income	1,055	936	1,771	1,565
OTHER NON-INTEREST EXPENSES
Salaries and employee benefits	3,827	3,827	7,692	7,415
Occupancy and equipment	1,119	1,033	2,265	2,125
Data processing	1,035	952	1,995	1,693
Advertising and promotion	293	218	546	442
Professional fees	316	269	604	568
FDIC insurance	212	196	422	391
Loan & real estate	82	89	138	164
Charitable contributions	340	313	583	537
Other	559	508	1,097	972
Total Other Non-Interest Expenses	7,783	7,405	15,342	14,307
Income Before Income Taxes	4,992	4,128	9,570	7,636
INCOME TAX EXPENSE	869	691	1,708	1,312
Net Income	$ 4,123	$ 3,437	$ 7,862	$ 6,324
BASIC EARNINGS PER SHARE	$ 0.56	$ 0.45	$ 1.05	$ 0.83
DILUTED EARNINGS PER SHARE	0.56	0.45	1.05	0.83
DIVIDENDS PER SHARE	$ 0.55	$ 0.48	$ 0.55	$ 0.48

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 7,862	$ 6,324
Adjustments to reconcile net income to net cash provided by operating activities:
Provision (credit) for credit losses	404	(131)
Amortization of deferred loan costs	219	176
Depreciation	554	528
Net accretion of investment security premiums and discounts	(336)	(599)
Stock compensation expense	366	326
Income on bank owned life insurance	(704)	(635)
Increase in accrued interest receivable	(177)	(504)
(Increase) decrease in other assets	(255)	735
Increase (decrease) in accrued interest payable	191	(383)
Decrease in other liabilities	(112)	(878)
Net Cash Provided by Operating Activities	8,012	4,959
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of securities available for sale	(39,295)	(81,519)
Maturities, calls and principal repayments of securities available for sale	32,978	40,754
Net increase in loans	(29,298)	(13,817)
Net (purchase) redemption of restricted investment in bank stock	(75)	612
Purchases of premises and equipment	(418)	(383)
Net Cash Used in Investing Activities	(36,108)	(54,353)
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in deposits	53,439	57,248
Net (decrease) increase in securities sold under agreements to repurchase	(2,133)	3,032
Decrease in short-term borrowings		(15,625)
Proceeds from Employee Stock Purchase Plan	46	34
Purchase of treasury stock under stock repurchase plan	(3,174)
Net Cash Provided by Financing Activities	48,178	44,689
Net Increase (Decrease) in Cash and Cash Equivalents	20,082	(4,705)
CASH AND CASH EQUIVALENTS - BEGINNING	112,859	96,522
CASH AND CASH EQUIVALENTS - ENDING	132,941	91,817
SUPPLEMENTARY CASH FLOWS INFORMATION
Interest paid	14,015	14,800
Federal income taxes paid	2,050	1,350
Non-cash Investing and Financing Activities:
Right of use assets obtained in exchange for new operating lease liabilities	2,531
Dividend declared	$ 4,072	$ 3,669

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2026	Dec. 31, 2025
ASSETS
Cash and due from banks	$ 16,748	$ 13,459
Interest bearing demand deposits with banks	115,193	98,400
Federal funds sold	1,000	1,000
Cash and Cash Equivalents	132,941	112,859
Securities available for sale	347,888	341,930
Restricted investment in bank stock	1,126	1,051
Loans receivable, net of allowance for credit losses of $12,456 in 2026; $12,039 in 2025	1,307,876	1,279,201
Premises and equipment, net of accumulated depreciation	2,743	2,879
Bank owned life insurance	38,678	37,974
Accrued interest receivable	4,453	4,276
Other assets	23,341	20,409
Total Assets	1,859,046	1,800,579
Deposits:
Non-interest bearing	403,210	357,220
Interest bearing	1,290,481	1,283,032
Total Deposits	1,693,691	1,640,252
Securities sold under agreements to repurchase	7,747	9,880
Accrued interest payable	7,389	7,198
Other liabilities	22,165	15,674
Total Liabilities	1,730,992	1,673,004
Stockholders' Equity:
Common stock, $1 par value; authorized 20,000,000 shares; 2026 issued 7,840,882 shares; outstanding 7,405,604 shares; 2025 issued 7,822,622 shares; outstanding 7,547,344 shares	7,841	7,823
Surplus	29,617	29,223
Retained earnings	137,077	133,287
Accumulated other comprehensive loss	(38,647)	(38,098)
Treasury stock, at cost: 435,278 and 275,278 shares at June 30, 2026 and December 31, 2025, respectively	(7,834)	(4,660)
Total Stockholders' Equity	128,054	127,575
Total Liabilities and Stockholders' Equity	$ 1,859,046	$ 1,800,579