Embassy Bancorp, Inc. Announces Results of Operations as of and for the Three and Six Months Ended June 30, 2025

Company Overview - Embassy Bancorp, Inc. has over $1.7 billion in assets and is the parent company of Embassy Bank for the Lehigh Valley, which operates ten branch locations in Pennsylvania's Lehigh Valley [2] - Embassy Bank ranks fourth in total deposit market share across Lehigh and Northampton Counties as of June 30, 2024, highlighting its strong position in the region [2] Financial Performance - As of June 30, 2025, cash and cash equivalents amounted to $91.8 million, representing 5.2% of total assets [5] - Total deposits increased by $57.2 million, or 3.7%, reaching $1.61 billion compared to $1.55 billion at December 31, 2024 [5] - The bank's net interest margin (FTE) rose to 2.43% for the quarter ended June 30, 2025, up from 2.34% in the previous quarter and 2.16% in the same quarter of the prior year [5] - The cost of funds for the bank was 1.81% for the quarter ended June 30, 2025, slightly up from 1.80% in the previous quarter and down from 1.86% in the same quarter of the prior year [5] - Bank assets per employee were $15.4 million as of June 30, 2025, compared to $7.9 million for the Pennsylvania peer group [5] - Noncurrent loans to total loans were only 0.04% as of June 30, 2025, significantly lower than the Pennsylvania peer group average of 0.49% [5] - Net income for the three months ended June 30, 2025, was $3.4 million, or $0.45 per diluted share, an increase from $2.5 million, or $0.33 per diluted share, in the same quarter of the previous year [5] - For the six months ended June 30, 2025, net income was $6.3 million, or $0.83 per diluted share, up from $5.0 million, or $0.66 per diluted share, in the same period of the prior year [5] Recognition and Ratings - Embassy Bank has been recognized as the Reader's Choice "Best Bank" for ten consecutive years by The Morning Call [3] - The bank was also named "Best Bank" and "Best Mortgage Company" in Lehigh Valley Style Magazine's Who's Who in Business [3] - Bauer Financial awarded the bank a 5-star rating, indicating its continued strength and stability [3]