false--12-31Q3202500014497940001449794srt:DirectorMemberus-gaap:CommonStockMember2025-01-012025-03-310001449794srt:DirectorMemberus-gaap:AdditionalPaidInCapitalMember2025-01-012025-03-310001449794srt:DirectorMemberus-gaap:CommonStockMember2024-01-012024-03-310001449794srt:DirectorMemberus-gaap:AdditionalPaidInCapitalMember2024-01-012024-03-310001449794us-gaap:CommonStockMember2025-07-012025-09-300001449794us-gaap:CommonStockMember2025-04-012025-06-300001449794us-gaap:CommonStockMember2025-01-012025-03-310001449794us-gaap:CommonStockMember2024-07-012024-09-300001449794us-gaap:CommonStockMember2024-04-012024-06-300001449794us-gaap:CommonStockMember2024-01-012024-03-310001449794srt:DirectorMember2025-01-012025-03-310001449794srt:DirectorMember2024-01-012024-03-310001449794us-gaap:TreasuryStockCommonMember2025-09-300001449794us-gaap:RetainedEarningsMember2025-09-300001449794us-gaap:CommonStockMember2025-09-300001449794us-gaap:AdditionalPaidInCapitalMember2025-09-300001449794us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-09-300001449794us-gaap:TreasuryStockCommonMember2025-06-300001449794us-gaap:RetainedEarningsMember2025-06-300001449794us-gaap:CommonStockMember2025-06-300001449794us-gaap:AdditionalPaidInCapitalMember2025-06-300001449794us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-06-300001449794us-gaap:TreasuryStockCommonMember2025-03-310001449794us-gaap:RetainedEarningsMember2025-03-310001449794us-gaap:CommonStockMember2025-03-310001449794us-gaap:AdditionalPaidInCapitalMember2025-03-310001449794us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-03-310001449794us-gaap:TreasuryStockCommonMember2024-12-310001449794us-gaap:RetainedEarningsMember2024-12-310001449794us-gaap:CommonStockMember2024-12-310001449794us-gaap:AdditionalPaidInCapitalMember2024-12-310001449794us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-12-310001449794us-gaap:TreasuryStockCommonMember2024-09-300001449794us-gaap:RetainedEarningsMember2024-09-300001449794us-gaap:CommonStockMember2024-09-300001449794us-gaap:AdditionalPaidInCapitalMember2024-09-300001449794us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-09-300001449794us-gaap:TreasuryStockCommonMember2024-06-300001449794us-gaap:RetainedEarningsMember2024-06-300001449794us-gaap:CommonStockMember2024-06-300001449794us-gaap:AdditionalPaidInCapitalMember2024-06-300001449794us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-06-300001449794us-gaap:TreasuryStockCommonMember2024-03-310001449794us-gaap:RetainedEarningsMember2024-03-310001449794us-gaap:CommonStockMember2024-03-310001449794us-gaap:AdditionalPaidInCapitalMember2024-03-310001449794us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-03-310001449794us-gaap:TreasuryStockCommonMember2023-12-310001449794us-gaap:RetainedEarningsMember2023-12-310001449794us-gaap:CommonStockMember2023-12-310001449794us-gaap:AdditionalPaidInCapitalMember2023-12-310001449794us-gaap:AccumulatedOtherComprehensiveIncomeMember2023-12-310001449794emyb:StockIncentivePlanMember2025-09-300001449794srt:MaximumMemberemyb:StockIncentivePlanMember2019-06-200001449794emyb:StockIncentivePlanMember2025-01-012025-09-300001449794us-gaap:RestrictedStockMember2010-10-012025-09-300001449794srt:MinimumMemberus-gaap:RestrictedStockMember2025-01-012025-09-300001449794srt:MaximumMemberemyb:StockIncentivePlanMember2019-06-202019-06-200001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2025-07-012025-09-300001449794us-gaap:ResidentialPortfolioSegmentMember2025-07-012025-09-300001449794us-gaap:ConsumerPortfolioSegmentMember2025-07-012025-09-300001449794us-gaap:CommercialRealEstatePortfolioSegmentMember2025-07-012025-09-300001449794us-gaap:CommercialPortfolioSegmentMember2025-07-012025-09-300001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2025-01-012025-09-300001449794us-gaap:ResidentialPortfolioSegmentMember2025-01-012025-09-300001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2024-07-012024-09-300001449794us-gaap:ResidentialPortfolioSegmentMember2024-07-012024-09-300001449794us-gaap:ConsumerPortfolioSegmentMember2024-07-012024-09-300001449794us-gaap:CommercialRealEstatePortfolioSegmentMember2024-07-012024-09-300001449794us-gaap:CommercialPortfolioSegmentMember2024-07-012024-09-300001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2024-01-012024-09-300001449794us-gaap:CommercialPortfolioSegmentMember2024-01-012024-09-300001449794us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-07-012025-09-300001449794us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-04-012025-06-300001449794us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-01-012025-03-310001449794us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-07-012024-09-300001449794us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-04-012024-06-300001449794us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-01-012024-03-310001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:FinancialAssetNotPastDueMember2025-09-300001449794us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-09-300001449794us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2025-09-300001449794us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2025-09-300001449794us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2025-09-300001449794us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2025-09-300001449794us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2025-09-300001449794us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2025-09-300001449794us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2025-09-300001449794us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2025-09-300001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2025-09-300001449794us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-09-300001449794us-gaap:FinancingReceivables60To89DaysPastDueMember2025-09-300001449794us-gaap:FinancingReceivables30To59DaysPastDueMember2025-09-300001449794us-gaap:FinancialAssetPastDueMember2025-09-300001449794us-gaap:FinancialAssetNotPastDueMember2025-09-300001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:FinancialAssetNotPastDueMember2024-12-310001449794us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310001449794us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2024-12-310001449794us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2024-12-310001449794us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2024-12-310001449794us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2024-12-310001449794us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310001449794us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2024-12-310001449794us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2024-12-310001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2024-12-310001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2024-12-310001449794us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310001449794us-gaap:FinancingReceivables30To59DaysPastDueMember2024-12-310001449794us-gaap:FinancialAssetPastDueMember2024-12-310001449794us-gaap:FinancialAssetNotPastDueMember2024-12-310001449794us-gaap:RetainedEarningsMember2025-07-012025-09-300001449794us-gaap:RetainedEarningsMember2025-01-012025-03-310001449794us-gaap:RetainedEarningsMember2024-07-012024-09-300001449794us-gaap:RetainedEarningsMember2024-01-012024-03-310001449794us-gaap:FairValueInputsLevel3Member2025-09-300001449794us-gaap:FairValueInputsLevel3Member2024-12-310001449794emyb:NetTangibleRatioBelow5PercentMemberus-gaap:RevolvingCreditFacilityMemberemyb:AtlanticCentralBankersBankBorrowingsMember2025-09-300001449794emyb:NetTangibleRatioBelow2PercentMemberus-gaap:RevolvingCreditFacilityMemberemyb:AtlanticCentralBankersBankBorrowingsMember2025-09-300001449794us-gaap:RevolvingCreditFacilityMemberemyb:AtlanticCentralBankersBankBorrowingsMember2025-09-300001449794us-gaap:RevolvingCreditFacilityMemberemyb:AtlanticCentralBankersBankBorrowingsMember2024-12-310001449794srt:FederalHomeLoanBankOfPittsburghMember2025-09-300001449794emyb:AtlanticCentralBankersBankBorrowingsMember2025-09-300001449794srt:FederalHomeLoanBankOfPittsburghMember2024-12-310001449794emyb:AtlanticCentralBankersBankBorrowingsMember2024-12-310001449794us-gaap:LoansReceivableMember2025-09-300001449794us-gaap:LoansReceivableMember2024-12-310001449794us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:SpecialMentionMember2024-12-310001449794us-gaap:ConsumerPortfolioSegmentMemberus-gaap:PassMember2025-09-300001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:SubstandardMember2025-09-300001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:PassMember2025-09-300001449794us-gaap:ResidentialPortfolioSegmentMemberus-gaap:SubstandardMember2025-09-300001449794us-gaap:ResidentialPortfolioSegmentMemberus-gaap:SpecialMentionMember2025-09-300001449794us-gaap:ResidentialPortfolioSegmentMemberus-gaap:PassMember2025-09-300001449794us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:SubstandardMember2025-09-300001449794us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:PassMember2025-09-300001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:SpecialMentionMember2025-09-300001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:PassMember2025-09-300001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:SubstandardMember2024-12-310001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:PassMember2024-12-310001449794us-gaap:ResidentialPortfolioSegmentMemberus-gaap:SpecialMentionMember2024-12-310001449794us-gaap:ResidentialPortfolioSegmentMemberus-gaap:PassMember2024-12-310001449794us-gaap:ConsumerPortfolioSegmentMemberus-gaap:PassMember2024-12-310001449794us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:SubstandardMember2024-12-310001449794us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:PassMember2024-12-310001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:SpecialMentionMember2024-12-310001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:PassMember2024-12-310001449794us-gaap:CollateralPledgedMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2025-09-300001449794us-gaap:CollateralPledgedMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2024-12-310001449794us-gaap:CommercialRealEstatePortfolioSegmentMember2025-01-012025-09-300001449794us-gaap:ConsumerPortfolioSegmentMember2024-01-012024-09-300001449794us-gaap:CommercialRealEstatePortfolioSegmentMember2024-01-012024-09-300001449794us-gaap:CollateralPledgedMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2025-09-300001449794us-gaap:UncollateralizedMemberus-gaap:CommercialPortfolioSegmentMember2025-09-300001449794us-gaap:CollateralPledgedMemberus-gaap:ResidentialPortfolioSegmentMember2025-09-300001449794us-gaap:UncollateralizedMember2025-09-300001449794us-gaap:CollateralPledgedMember2025-09-300001449794us-gaap:CollateralPledgedMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2024-12-310001449794us-gaap:UncollateralizedMemberus-gaap:CommercialPortfolioSegmentMember2024-12-310001449794us-gaap:CollateralPledgedMemberus-gaap:ResidentialPortfolioSegmentMember2024-12-310001449794us-gaap:UncollateralizedMember2024-12-310001449794us-gaap:CollateralPledgedMember2024-12-310001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2025-06-300001449794us-gaap:ResidentialPortfolioSegmentMember2025-06-300001449794us-gaap:ConsumerPortfolioSegmentMember2025-06-300001449794us-gaap:CommercialRealEstatePortfolioSegmentMember2025-06-300001449794us-gaap:CommercialPortfolioSegmentMember2025-06-300001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2024-09-300001449794us-gaap:ResidentialPortfolioSegmentMember2024-09-300001449794us-gaap:ConsumerPortfolioSegmentMember2024-09-300001449794us-gaap:CommercialRealEstatePortfolioSegmentMember2024-09-300001449794us-gaap:CommercialPortfolioSegmentMember2024-09-300001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2024-06-300001449794us-gaap:ResidentialPortfolioSegmentMember2024-06-300001449794us-gaap:ConsumerPortfolioSegmentMember2024-06-300001449794us-gaap:CommercialRealEstatePortfolioSegmentMember2024-06-300001449794us-gaap:CommercialPortfolioSegmentMember2024-06-300001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2023-12-310001449794us-gaap:ResidentialPortfolioSegmentMember2023-12-310001449794us-gaap:ConsumerPortfolioSegmentMember2023-12-310001449794us-gaap:CommercialRealEstatePortfolioSegmentMember2023-12-310001449794us-gaap:CommercialPortfolioSegmentMember2023-12-310001449794emyb:FederalHomeLoanBankAdvancesShortAndLongTermMember2024-12-310001449794emyb:FederalHomeLoanBankAdvancesShortAndLongTermMember2025-09-300001449794us-gaap:FairValueInputsLevel3Memberus-gaap:UnusedLinesOfCreditMember2025-09-300001449794us-gaap:FairValueInputsLevel3Memberus-gaap:StandbyLettersOfCreditMember2025-09-300001449794us-gaap:FairValueInputsLevel3Memberus-gaap:CommitmentsToExtendCreditMember2025-09-300001449794us-gaap:FairValueInputsLevel2Memberus-gaap:UnusedLinesOfCreditMember2025-09-300001449794us-gaap:FairValueInputsLevel2Memberus-gaap:StandbyLettersOfCreditMember2025-09-300001449794us-gaap:FairValueInputsLevel2Memberus-gaap:CommitmentsToExtendCreditMember2025-09-300001449794us-gaap:FairValueInputsLevel1Memberus-gaap:UnusedLinesOfCreditMember2025-09-300001449794us-gaap:FairValueInputsLevel1Memberus-gaap:StandbyLettersOfCreditMember2025-09-300001449794us-gaap:FairValueInputsLevel1Memberus-gaap:CommitmentsToExtendCreditMember2025-09-300001449794us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:UnusedLinesOfCreditMember2025-09-300001449794us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:StandbyLettersOfCreditMember2025-09-300001449794us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:CommitmentsToExtendCreditMember2025-09-300001449794us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:UnusedLinesOfCreditMember2025-09-300001449794us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:StandbyLettersOfCreditMember2025-09-300001449794us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:CommitmentsToExtendCreditMember2025-09-300001449794us-gaap:FairValueInputsLevel3Memberus-gaap:UnusedLinesOfCreditMember2024-12-310001449794us-gaap:FairValueInputsLevel3Memberus-gaap:StandbyLettersOfCreditMember2024-12-310001449794us-gaap:FairValueInputsLevel3Memberus-gaap:CommitmentsToExtendCreditMember2024-12-310001449794us-gaap:FairValueInputsLevel2Memberus-gaap:UnusedLinesOfCreditMember2024-12-310001449794us-gaap:FairValueInputsLevel2Memberus-gaap:StandbyLettersOfCreditMember2024-12-310001449794us-gaap:FairValueInputsLevel2Memberus-gaap:CommitmentsToExtendCreditMember2024-12-310001449794us-gaap:FairValueInputsLevel1Memberus-gaap:UnusedLinesOfCreditMember2024-12-310001449794us-gaap:FairValueInputsLevel1Memberus-gaap:StandbyLettersOfCreditMember2024-12-310001449794us-gaap:FairValueInputsLevel1Memberus-gaap:CommitmentsToExtendCreditMember2024-12-310001449794us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:UnusedLinesOfCreditMember2024-12-310001449794us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:StandbyLettersOfCreditMember2024-12-310001449794us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:CommitmentsToExtendCreditMember2024-12-310001449794us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:UnusedLinesOfCreditMember2024-12-310001449794us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:StandbyLettersOfCreditMember2024-12-310001449794us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:CommitmentsToExtendCreditMember2024-12-3100014497942025-03-3100014497942024-03-310001449794us-gaap:RetainedEarningsMember2025-04-012025-06-300001449794us-gaap:RetainedEarningsMember2024-04-012024-06-300001449794emyb:EmployeeStockPurchasePlanMember2025-09-300001449794us-gaap:FairValueInputsLevel1Member2025-09-300001449794us-gaap:FairValueInputsLevel1Member2024-12-310001449794us-gaap:ResidentialRealEstateMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2025-09-300001449794us-gaap:ResidentialRealEstateMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2025-09-300001449794us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USTreasurySecuritiesMember2025-09-300001449794us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2025-09-300001449794us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MunicipalBondsMember2025-09-300001449794us-gaap:FairValueMeasurementsRecurringMemberus-gaap:USTreasurySecuritiesMember2025-09-300001449794us-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2025-09-300001449794us-gaap:FairValueMeasurementsRecurringMemberus-gaap:MunicipalBondsMember2025-09-300001449794us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2025-09-300001449794us-gaap:FairValueMeasurementsRecurringMember2025-09-300001449794us-gaap:ResidentialRealEstateMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2024-12-310001449794us-gaap:CommercialRealEstateMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2024-12-310001449794us-gaap:ResidentialRealEstateMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2024-12-310001449794us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USTreasurySecuritiesMember2024-12-310001449794us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2024-12-310001449794us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MunicipalBondsMember2024-12-310001449794us-gaap:CommercialRealEstateMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2024-12-310001449794us-gaap:FairValueMeasurementsRecurringMemberus-gaap:USTreasurySecuritiesMember2024-12-310001449794us-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2024-12-310001449794us-gaap:FairValueMeasurementsRecurringMemberus-gaap:MunicipalBondsMember2024-12-310001449794us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2024-12-310001449794us-gaap:FairValueMeasurementsRecurringMember2024-12-310001449794us-gaap:ResidentialRealEstateMemberus-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2024-12-310001449794us-gaap:CommercialRealEstateMemberus-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2024-12-310001449794us-gaap:ResidentialRealEstateMemberus-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2025-09-300001449794us-gaap:USTreasurySecuritiesMember2025-09-300001449794us-gaap:USGovernmentAgenciesDebtSecuritiesMember2025-09-300001449794us-gaap:MunicipalBondsMember2025-09-300001449794us-gaap:USTreasurySecuritiesMember2024-12-310001449794us-gaap:USGovernmentAgenciesDebtSecuritiesMember2024-12-310001449794us-gaap:MunicipalBondsMember2024-12-310001449794emyb:ImpairedLoanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:MarketApproachValuationTechniqueMember2025-09-300001449794emyb:FvDeterminedThroughIndependentAppraisalsOfUnderlyingCollateralMemberemyb:ImpairedLoanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMember2025-09-300001449794emyb:FvDeterminedThroughIndependentAppraisalsOfUnderlyingCollateralMemberemyb:ImpairedLoanMemberus-gaap:FairValueMeasurementsNonrecurringMember2025-09-300001449794emyb:ImpairedLoanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:MarketApproachValuationTechniqueMember2024-12-310001449794emyb:FvDeterminedThroughIndependentAppraisalsOfUnderlyingCollateralMemberemyb:ImpairedLoanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMember2024-12-310001449794emyb:FvDeterminedThroughIndependentAppraisalsOfUnderlyingCollateralMemberemyb:ImpairedLoanMemberus-gaap:FairValueMeasurementsNonrecurringMember2024-12-310001449794us-gaap:InvestmentInFederalHomeLoanBankStockMember2025-01-012025-09-300001449794us-gaap:RestrictedStockMember2025-07-012025-09-300001449794us-gaap:RestrictedStockMember2025-01-012025-09-300001449794us-gaap:RestrictedStockMember2024-07-012024-09-300001449794us-gaap:RestrictedStockMember2024-01-012024-09-3000014497942025-06-3000014497942024-09-3000014497942024-06-3000014497942023-12-310001449794us-gaap:CommonStockMemberus-gaap:SubsequentEventMember2025-10-270001449794emyb:EmployeeStockPurchasePlanMemberus-gaap:SubsequentEventMember2025-10-012025-10-010001449794us-gaap:ConsumerPortfolioSegmentMember2025-09-300001449794us-gaap:ConsumerPortfolioSegmentMember2024-12-310001449794us-gaap:ConsumerPortfolioSegmentMember2025-01-012025-09-300001449794us-gaap:CommercialPortfolioSegmentMember2025-01-012025-09-300001449794us-gaap:ConsumerPortfolioSegmentMember2024-01-012024-12-310001449794us-gaap:ResidentialPortfolioSegmentMember2024-01-012024-12-310001449794us-gaap:ResidentialPortfolioSegmentMemberus-gaap:SubstandardMember2024-12-310001449794emyb:NetTangibleRatioBelow5PercentMemberus-gaap:RevolvingCreditFacilityMemberemyb:AtlanticCentralBankersBankBorrowingsMember2025-01-012025-09-300001449794emyb:NetTangibleRatioBelow2PercentMemberus-gaap:RevolvingCreditFacilityMemberemyb:AtlanticCentralBankersBankBorrowingsMember2025-01-012025-09-300001449794emyb:NetTangibleRatioBelow0PercentMemberus-gaap:RevolvingCreditFacilityMemberemyb:AtlanticCentralBankersBankBorrowingsMember2025-01-012025-09-300001449794us-gaap:UncollateralizedMember2024-01-012024-12-3100014497942024-01-012024-12-310001449794us-gaap:UncollateralizedMember2024-01-012024-09-300001449794emyb:NewModificationsMember2025-07-012025-09-300001449794emyb:NewModificationsMember2025-01-012025-09-300001449794emyb:NewModificationsMember2024-07-012024-09-300001449794us-gaap:ResidentialPortfolioSegmentMember2024-01-012024-09-300001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2025-09-300001449794us-gaap:ResidentialPortfolioSegmentMember2025-09-300001449794us-gaap:CommercialRealEstatePortfolioSegmentMember2025-09-300001449794us-gaap:CommercialPortfolioSegmentMember2025-09-3000014497942025-09-300001449794us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2024-12-310001449794us-gaap:ResidentialPortfolioSegmentMember2024-12-310001449794us-gaap:CommercialRealEstatePortfolioSegmentMember2024-12-310001449794us-gaap:CommercialPortfolioSegmentMember2024-12-3100014497942024-12-310001449794srt:MaximumMember2025-01-012025-09-300001449794srt:WeightedAverageMemberemyb:ImpairedLoanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:MarketApproachValuationTechniqueMember2025-01-012025-09-300001449794srt:WeightedAverageMemberemyb:ImpairedLoanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CostApproachValuationTechniqueMember2025-01-012025-09-300001449794srt:MinimumMemberemyb:ImpairedLoanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:MarketApproachValuationTechniqueMember2025-01-012025-09-300001449794srt:MinimumMemberemyb:ImpairedLoanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CostApproachValuationTechniqueMember2025-01-012025-09-300001449794srt:MaximumMemberemyb:ImpairedLoanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:MarketApproachValuationTechniqueMember2025-01-012025-09-300001449794srt:MaximumMemberemyb:ImpairedLoanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CostApproachValuationTechniqueMember2025-01-012025-09-300001449794srt:WeightedAverageMemberemyb:ImpairedLoanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:MarketApproachValuationTechniqueMember2024-01-012024-12-310001449794srt:WeightedAverageMemberemyb:ImpairedLoanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CostApproachValuationTechniqueMember2024-01-012024-12-310001449794srt:MinimumMemberemyb:ImpairedLoanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:MarketApproachValuationTechniqueMember2024-01-012024-12-310001449794srt:MinimumMemberemyb:ImpairedLoanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CostApproachValuationTechniqueMember2024-01-012024-12-310001449794srt:MaximumMemberemyb:ImpairedLoanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:MarketApproachValuationTechniqueMember2024-01-012024-12-310001449794srt:MaximumMemberemyb:ImpairedLoanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CostApproachValuationTechniqueMember2024-01-012024-12-310001449794emyb:EmployeeStockPurchasePlanMember2025-07-012025-09-300001449794emyb:EmployeeStockPurchasePlanMember2025-01-012025-09-300001449794emyb:EmployeeStockPurchasePlanMember2024-07-012024-09-300001449794emyb:EmployeeStockPurchasePlanMember2024-01-012024-09-300001449794us-gaap:AdditionalPaidInCapitalMember2025-07-012025-09-300001449794us-gaap:AdditionalPaidInCapitalMember2025-04-012025-06-3000014497942025-04-012025-06-300001449794us-gaap:AdditionalPaidInCapitalMember2025-01-012025-03-3100014497942025-01-012025-03-310001449794us-gaap:AdditionalPaidInCapitalMember2024-07-012024-09-300001449794us-gaap:AdditionalPaidInCapitalMember2024-04-012024-06-3000014497942024-04-012024-06-300001449794us-gaap:AdditionalPaidInCapitalMember2024-01-012024-03-3100014497942024-01-012024-03-3100014497942024-07-012024-09-3000014497942024-01-012024-09-300001449794us-gaap:FairValueInputsLevel2Member2025-09-300001449794us-gaap:EstimateOfFairValueFairValueDisclosureMember2025-09-300001449794us-gaap:CarryingReportedAmountFairValueDisclosureMember2025-09-300001449794us-gaap:FairValueInputsLevel2Member2024-12-310001449794us-gaap:EstimateOfFairValueFairValueDisclosureMember2024-12-310001449794us-gaap:CarryingReportedAmountFairValueDisclosureMember2024-12-3100014497942025-07-012025-09-3000014497942025-11-0700014497942025-01-012025-09-30emyb:securityiso4217:USDxbrli:sharesemyb:loanxbrli:pureiso4217:USDxbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2025 OR

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _____________________ TO __________________

Commission file number 000-53528


Embassy Bancorp, Inc.
(Exact name of registrant as specified in its charter)

Pennsylvania	26-3339011
(State of incorporation)	(I.R.S. Employer Identification No.)

One Hundred Gateway Drive, Suite 100 Bethlehem, PA	18017
(Address of principal executive offices)	(Zip Code)

(610) 882-8800
(Registrant’s Telephone Number)

Securities registered pursuant to Section 12(b) of the Act: None.

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to filing requirements for the past 90 days. Yes x No ¨

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T(§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes x No ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer”, “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.


Large Accelerated Filer ¨	Accelerated Filer ¨
Non-Accelerated Filer 	Smaller Reporting Company
Emerging Growth Company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 or the Exchange Act.) Yes ¨ No x

Indicate the number of shares outstanding of each of the registrant’s classes of common equity, as of the latest practicable date:


COMMON STOCK
Number of shares outstanding as of November 7, 2025	($1.00 Par Value)	7,646,114
	(Title Class)	(Outstanding Shares)

Embassy Bancorp, Inc.

Table of Contents


Part I – Financial Information	3

Item 1 – Financial Statements
Consolidated Balance Sheets (Unaudited)	3
Consolidated Statements of Income (Unaudited)	4
Consolidated Statements of Comprehensive Income (Unaudited)	5
Consolidated Statements of Stockholders’ Equity (Unaudited)	6
Consolidated Statements of Cash Flows (Unaudited)	8
Notes to Consolidated Financial Statements (Unaudited)	9

Item 2 – Management’s Discussion and Analysis of Financial Condition and Results of Operations	28

Item 3 – Quantitative and Qualitative Disclosures About Market Risk	40

Item 4 – Controls and Procedures	41

Part II - Other Information	41

Item 1 - Legal Proceedings	41

Item 1A - Risk Factors	41

Item 2 - Unregistered Sales of Equity Securities and Use of Proceeds	42

Item 3 - Defaults Upon Senior Securities	42

Item 4 – Mine Safety Disclosures	42

Item 5 - Other Information	42

Item 6 - Exhibits	43

Signatures	44

‎

Embassy Bancorp, Inc.

Part I – Financial Information

Item 1 – Financial Statements

Consolidated Balance Sheets (Current Period Unaudited)



	September 30,		December 31,
ASSETS	2025		2024

	(In Thousands, Except Share Data)
Cash and due from banks	$	17,394	$	16,399
Interest bearing demand deposits with banks		89,603		79,123
Federal funds sold		1,000		1,000
Cash and Cash Equivalents		107,997		96,522
Securities available for sale		334,314		280,828
Restricted investment in bank stock		1,051		1,663
Loans receivable, net of allowance for credit losses of $11,941 in 2025; $12,166 in 2024		1,268,139		1,256,256
Premises and equipment, net of accumulated depreciation		3,014		3,322
Bank owned life insurance		37,656		36,652
Accrued interest receivable		4,054		3,604
Other assets		21,834		25,573
Total Assets	$	1,778,059	$	1,704,420
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities:
Deposits:
Non-interest bearing	$	336,060	$	351,371
Interest bearing		1,284,503		1,201,588
Total Deposits		1,620,563		1,552,959
Securities sold under agreements to repurchase		12,116		4,895
Short-term borrowings		-		15,625
Accrued interest payable		7,068		7,812
Other liabilities		15,878		16,649
Total Liabilities		1,655,625		1,597,940
Stockholders' Equity:
Common stock, $1 par value; authorized 20,000,000 shares;
2025 issued 7,812,476 shares; outstanding 7,646,114 shares;
2024 issued 7,792,654 shares; outstanding 7,626,292 shares;		7,813		7,793
Surplus		29,185		28,802
Retained earnings		129,707		123,259
Accumulated other comprehensive loss		(41,532)		(50,635)
Treasury stock, at cost: 166,362 shares at September 30, 2025 and
December 31, 2024, respectively		(2,739)		(2,739)
Total Stockholders' Equity		122,434		106,480
Total Liabilities and Stockholders' Equity	$	1,778,059	$	1,704,420

See notes to consolidated financial statements (unaudited).

‎

Embassy Bancorp, Inc.

Consolidated Statements of Income (Unaudited)



	Three Months Ended September 30,				Nine Months Ended September 30,

	2025		2024		2025			2024

	(In Thousands, Except Per Share Data)
INTEREST INCOME
Loans, including fees	$	14,877	$	13,803	$	43,240	$	40,277
Securities, taxable		2,267		1,694		6,485		4,512
Securities, non-taxable		298		296		892		890
Short-term investments, including federal funds sold		813		1,129		2,302		2,459
Total Interest Income		18,255		16,922		52,919		48,138
INTEREST EXPENSE
Deposits		7,370		7,587		21,703		20,927
Securities sold under agreements to repurchase and federal
funds purchased		34		161		116		425
Short-term borrowings		-		4		2		9
Total Interest Expense		7,404		7,752		21,821		21,361
Net Interest Income		10,851		9,170		31,098		26,777
PROVISION (CREDIT) FOR CREDIT LOSSES		27		(30)		(104)		(385)
Net Interest Income after ‎ Provision (Credit) for Credit Losses		10,824		9,200		31,202		27,162
OTHER NON-INTEREST INCOME
Merchant and credit card processing fees		67		84		195		247
Debit card interchange fees		231		233		690		676
Other service fees		191		176		534		481
Bank owned life insurance		369		360		1,004		886
Gain on sale of other real estate owned		29		-		29		-
Total Other Non-Interest Income		887		853		2,452		2,290
OTHER NON-INTEREST EXPENSES
Salaries and employee benefits		3,766		3,671		11,181		10,598
Occupancy and equipment		1,061		1,001		3,186		3,053
Data processing		930		679		2,623		2,124
Advertising and promotion		215		235		657		625
Professional fees		259		283		827		814
FDIC insurance		208		204		599		582
Loan & real estate		74		59		238		175
Charitable contributions		224		208		761		725
Other		370		468		1,342		1,490
Total Other Non-Interest Expenses		7,107		6,808		21,414		20,186

Income Before Income Taxes		4,604		3,245		12,240		9,266
INCOME TAX EXPENSE		811		531		2,123		1,524
Net Income	$	3,793	$	2,714	$	10,117	$	7,742

BASIC EARNINGS PER SHARE	$	0.50	$	0.36	$	1.32	$	1.02

DILUTED EARNINGS PER SHARE	$	0.50	$	0.36	$	1.32	$	1.02

DIVIDENDS PER SHARE	$	-	$	-	$	0.48	$	0.42

See notes to consolidated financial statements (unaudited).
‎

Embassy Bancorp, Inc.

Consolidated Statements of Comprehensive Income (Unaudited)



	Three Months Ended September 30,
	2025			2024

		(In Thousands)
Net Income	$		3,793	$		2,714
Change in Accumulated Other Comprehensive Loss:
Unrealized holding gain on securities available for sale		5,425			11,496
Less: reclassification adjustment for realized gains		-			-
		5,425			11,496
Income tax effect		(1,139)			(2,414)
Net unrealized gain		4,286			9,082
Other comprehensive income, net of tax			4,286			9,082
Comprehensive Income	$		8,079	$		11,796



	Nine Months Ended September 30,
	2025			2024

		(In Thousands)

Net Income	$		10,117	$		7,742
Change in Accumulated Other Comprehensive Loss:
Unrealized holding gain on securities available for sale		11,523			4,789
Less: reclassification adjustment for realized gains		-			-
		11,523			4,789
Income tax effect		(2,420)			(1,006)
Net unrealized gain		9,103			3,783
Other comprehensive income, net of tax			9,103			3,783
Comprehensive Income	$		19,220	$		11,525

See notes to consolidated financial statements (unaudited).

Embassy Bancorp, Inc.

Consolidated Statements of Stockholders’ Equity (Unaudited)


	Nine Months Ended September 30, 2025
	Common Stock		Surplus		Retained Earnings		Accumulated Other Comprehensive Loss		Treasury Stock		Total

	(In Thousands, Except Share Data)
BALANCE - DECEMBER 31, 2024	$	7,793	$	28,802	$	123,259	$	(50,635)	$	(2,739)	$	106,480
Net income		-		-		2,887		-		-		2,887
Other comprehensive income, net of tax		-		-		-		2,755		-		2,755
Common stock grants to directors, ‎16,845 shares		17		250		-		-		-		267
Compensation expense recognized on stock ‎grants, net of unearned compensation expense ‎of $223		-		32		-		-		-		32
Shares issued under employee stock purchase ‎plan, 1,005 shares		1		15		-		-		-		16
BALANCE - MARCH 31, 2025	$	7,811	$	29,099	$	126,146	$	(47,880)	$	(2,739)	$	112,437

Net income		-		-		3,437		-		-		3,437
Other comprehensive income, net of tax		-		-		-		2,062		-		2,062
Dividend declared, $0.48 per share		-		-		(3,669)		-		-		(3,669)
Compensation expense recognized on ‎stock grants, net of unearned compensation ‎expense of $196		-		27		-		-		-		27
Shares issued under employee stock purchase ‎plan, 1,107 shares		1		17		-		-		-		18
BALANCE - JUNE 30, 2025	$	7,812	$	29,143	$	125,914	$	(45,818)	$	(2,739)	$	114,312

Net income		-		-		3,793		-		-		3,793
Other comprehensive income, net of tax		-		-		-		4,286		-		4,286
Compensation expense recognized on ‎stock grants, net of unearned compensation ‎expense of $168		-		28		-		-		-		28
Shares issued under employee stock purchase ‎plan, 865 shares		1		14		-		-		-		15
BALANCE - SEPTEMBER 30, 2025	$	7,813	$	29,185	$	129,707	$	(41,532)	$	(2,739)	$	122,434

‎

Embassy Bancorp, Inc.

Consolidated Statements of Stockholders’ Equity (Unaudited)


	Nine Months Ended September 30, 2024
	Common Stock		Surplus		Retained Earnings		Accumulated Other Comprehensive Loss		Treasury Stock		Total

	(In Thousands, Except Share Data)
BALANCE - DECEMBER 31, 2023	$	7,758	$	28,246	$	116,018	$	(43,700)	$	(2,667)	$	105,655
Net income		-		-		2,536		-		-		2,536
Other comprehensive loss, net of tax		-		-		-		(4,758)		-		(4,758)
Common stock grants to directors, ‎18,843 shares		19		248		-		-		-		267
Compensation expense recognized on stock ‎grants, net of unearned compensation expense ‎of $265		-		67		-		-		-		67
Shares issued under employee stock purchase ‎plan, 1,393 shares		1		17		-		-		-		18
BALANCE - MARCH 31, 2024	$	7,778	$	28,578	$	118,554	$	(48,458)	$	(2,667)	$	103,785

Net income		-		-		2,492		-		-		2,492
Other comprehensive loss, net of tax		-		-		-		(541)		-		(541)
Dividend declared, $0.42 per share		-		-		(3,199)		-		-		(3,199)
Compensation expense recognized on ‎stock grants, net of unearned compensation ‎expense of $198		-		66		-		-		-		66
Shares issued under employee stock purchase ‎plan, 1,209 shares		2		15		-		-		-		17
BALANCE - JUNE 30, 2024	$	7,780	$	28,659	$	117,847	$	(48,999)	$	(2,667)	$	102,620

Net income		-		-		2,714		-		-		2,714
Other comprehensive income, net of tax		-		-		-		9,082		-		9,082
Compensation expense recognized on ‎stock grants, net of unearned compensation ‎expense of $136		-		62		-		-		-		62
Shares issued under employee stock purchase ‎plan, 1,035 shares		1		15		-		-		-		16
BALANCE - SEPTEMBER 30, 2024	$	7,781	$	28,736	$	120,561	$	(39,917)	$	(2,667)	$	114,494

See notes to consolidated financial statements (unaudited).

Embassy Bancorp, Inc.

Consolidated Statements of Cash Flows (Unaudited)



	Nine Months Ended September 30,
	2025		2024

	(In Thousands)
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$	10,117	$	7,742
Adjustments to reconcile net income to net cash provided by operating activities:
Credit for credit losses		(104)		(385)
Amortization of deferred loan costs		283		234
Depreciation		803		810
Net accretion of investment security premiums and discounts		(834)		(526)
Stock compensation expense		354		462
Net realized gain on sale of other real estate owned		(29)		-
Income on bank owned life insurance		(1,004)		(886)
Increase in accrued interest receivable		(450)		(159)
Decrease in other assets		1,550		561
(Decrease) increase in accrued interest payable		(744)		282
Decrease in other liabilities		(993)		(357)
Net Cash Provided by Operating Activities		8,949		7,778
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of securities available for sale		(96,497)		(44,262)
Maturities, calls and principal repayments of securities available for sale		55,368		17,580
Net increase in loans		(12,033)		(4,795)
Net redemption of restricted investment in bank stock		612		545
Purchase of bank owned life insurance		-		(9,030)
Purchases of premises and equipment		(504)		(487)
Net Cash Used in Investing Activities		(53,054)		(40,449)
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in deposits		67,604		58,942
Net increase in securities sold under agreements to repurchase		7,221		2,986
Decrease in short-term borrowings		(15,625)		(13,125)
Proceeds from Employee Stock Purchase Plan		49		51
Dividends paid		(3,669)		(3,199)
Net Cash Provided by Financing Activities		55,580		45,655
Net Increase in Cash and Cash Equivalents		11,475		12,984
CASH AND CASH EQUIVALENTS - BEGINNING		96,522		78,923
CASH AND CASH EQUIVALENTS - ENDING	$	107,997	$	91,907

SUPPLEMENTARY CASH FLOWS INFORMATION
Interest paid	$	22,565	$	21,079
Income taxes paid	$	2,020	$	1,841
Other real estate sold through bank financing	$	225	$	-
Other real estate acquired in settlement of loans	$	196	$	-


Non-cash Investing and Financing Activities:

Right of use assets obtained in exchange for new operating lease liabilities	$	222	$	1,131

See notes to consolidated financial statements (unaudited).

Embassy Bancorp, Inc.

Notes to Consolidated Financial Statements (Unaudited)

Note 1 – Basis of Presentation

Embassy Bancorp, Inc. (the “Company”) is a Pennsylvania corporation organized in 2008 and registered as a bank holding company pursuant to the Bank Holding Company Act of 1956, as amended (the “BHC Act”). The Company was formed for purposes of acquiring Embassy Bank For The Lehigh Valley (the “Bank”) in connection with the reorganization of the Bank into a bank holding company structure, which was consummated on November 11, 2008. Accordingly, the Company owns all of the capital stock of the Bank, giving the organization more flexibility in meeting its capital needs as the Company continues to grow. Embassy Holdings, LLC (the “LLC”) is a wholly-owned subsidiary of the Bank organized to engage in the holding of property acquired by the Bank in satisfaction of debts previously contracted. As such, the consolidated financial statements contained herein include the accounts of the Company, the Bank and the LLC. All significant intercompany transactions and balances have been eliminated.

The Bank, which is the Company’s principal operating subsidiary, was originally incorporated as a Pennsylvania bank on May 11, 2001 and opened its doors on November 6, 2001. It was formed by a group of local business persons and professionals with significant prior experience in community banking in the Lehigh Valley area of Pennsylvania, the Bank’s primary market area.

The accompanying unaudited financial statements have been prepared in accordance with United States of America generally accepted accounting principles (“US GAAP”) for interim financial information and in accordance with instructions for Form 10-Q and Rule 10-01 of the Securities and Exchange Commission Regulation S-X. Accordingly, they do not include all of the information and footnotes required by US GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three and nine months ended September 30, 2025 are not necessarily indicative of the results that may be expected for the year ending December 31, 2025.

The consolidated financial statements presented in this report should be read in conjunction with the audited consolidated financial statements and the accompanying notes for the year ended December 31, 2024, included in the Company’s Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 17, 2025.

The Company has evaluated subsequent events for potential recognition and/or disclosure through the date the unaudited consolidated financial statements included in this Quarterly Report on Form 10-Q were issued. On October 27, 2025, the Company announced that it authorized the adoption of a stock repurchase program for up to $5.0 million of its outstanding common stock. The stock repurchase program became effective October 31, 2025. There has been no repurchases under the program through the date of the unaudited consolidated financial statements included in this Quarterly Report on Form 10-Q.

Certain amounts in the 2024 consolidated financial statements may have been reclassified to conform to 2025 presentation. These reclassifications had no effect on 2024 net income.

Note 2 - Summary of Significant Accounting Policies

The significant accounting policies of the Company as applied in the interim financial statements presented herein are substantially the same as those followed on an annual basis as presented in the Company’s Form 10-K for the year ended December 31, 2024.

‎

Embassy Bancorp, Inc.

Notes to Consolidated Financial Statements (Unaudited)

Note 3 – Securities Available For Sale

At September 30, 2025 and December 31, 2024, respectively, the amortized cost and fair values of securities available-for-sale were as follows:



			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value

	(In Thousands)
September 30, 2025:
U.S. Treasury securities	$	75,348	$	588	$	(2)	$	75,934
U.S. Government agency obligations		19,059		80		(1)		19,138
Municipal bonds		72,607		40		(13,088)		59,559
U.S. Government Sponsored Enterprise (GSE) - ‎ Mortgage-backed securities - residential		219,872		58		(40,247)		179,683
Total	$	386,886	$	766	$	(53,338)	$	334,314

December 31, 2024:
U.S. Treasury securities	$	34,777	$	10	$	(47)	$	34,740
U.S. Government agency obligations		12,499		3		(56)		12,446
Municipal bonds		72,669		13		(14,682)		58,000
U.S. Government Sponsored Enterprise (GSE) - ‎ Mortgage-backed securities - commercial		508		-		(72)		436
U.S. Government Sponsored Enterprise (GSE) - ‎ Mortgage-backed securities - residential		224,470		-		(49,264)		175,206
Total	$	344,923	$	26	$	(64,121)	$	280,828

The amortized cost and fair value of securities as of September 30, 2025, by contractual maturity, are shown below. Expected maturities may differ from contractual maturities because borrowers may have the right to prepay obligations with or without any penalties.



		Amortized	Fair
		Cost	Value

	(In Thousands)
September 30, 2025:

Embassy Bancorp, Inc. 10-Q