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Stock impact report

Embassy Bancorp, Inc. Announces Results of Operations as of and for the Three and Nine Months ended September 30, 2024

EMBASSY BANCORP INC (EMYB) 
NASDAQ:AMEX Investor Relations: snl.com/irweblinkx/tearsheet.aspx?iid=4214573
Company Research Source: GlobeNewswire
BETHLEHEM, Pa., Nov. 15, 2024 (GLOBE NEWSWIRE) -- On November 13, 2024, Embassy Bancorp, Inc. (OTCQX: EMYB) (the “Company”) filed its Quarterly Report on Form 10-Q for the period ended September 30, 2024, a copy of which can be found at https://investors.embassybank.com/sec-filings/documents/default.aspx. Highlights of the filing, which includes consolidated financial information of the Company and Embassy Bank For the Lehigh Valley (the “Bank”), the Company’s wholly-owned subsidiary, include: Cash and cash equivalents on hand of $91.9 million at September 30, 2024, or 5.4% of total assets.Deposits of $1.54 billion at September 30, 2024, an increase of $58.9 million from $1.48 billion at December 31, 2023. The Company does not have any brokered deposits.Short term borrowings of $21.9 million at September 30, 2024 were repaid in full on October 1, 2024.Bank net interest margin (FTE) increased to 2.21% for the quarter ended September 30, 2024, up from 2.16% for the quarter ended Jun Show less Read more
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