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Embassy Bancorp, Inc. Announces Results of Operations as of and for the Three Months Ended March 31, 2026

EMYB
  • Embassy Bancorp, Inc. filed its Form 10-Q for the quarter ended March 31, 2026, on May 13, 2026.
  • Cash cash equivalents totaled $141.8 million at March 31, 2026, representing 7.7% of total assets.
  • Deposits reached $1.68 billion at March 31, 2026, an increase of $41.6 million from December 31, 2025, with no brokered deposits held.
  • The company had no short-term or long-term borrowings outstanding as of March 31, 2026.
  • Bank net interest margin (FTE) rose to 2.59% for the quarter ended March 31, 2026, compared to 2.34% in the same period in 2025.
  • Bank cost of funds decreased to 1.69% for the quarter ended March 31, 2026, down from 1.80% in 2025 beating the Pennsylvania peer group rate of 1.90%.
  • Bank assets per employee were $16.0 million at March 31, 2026, compared to the Pennsylvania peer group average of $8.0 million.
  • Bank noncurrent loans to total loans stood at 0.04% as of March 31, 2026, significantly lower than the Pennsylvania peer group total of 0.78%.
  • Net income for the three months ended March 31, 2026, was $3.7 million ($0.50 per diluted share), up from $2.9 million ($0.38 per diluted share) in the prior year.
  • Embassy Bancorp serves as the parent company of Embassy Bank For the Lehigh Valley, which operates ten branches serves the community since 2001, holds a 5-Star Bauer Financial rating, ranks fourth in deposit market share in Lehigh Northampton Counties, and was named the Lehigh Valley's "Best Bank Mortgage Company" for the fifth consecutive year.