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Stock impact report

Embassy Bancorp, Inc. Announces Results of Operations as of and for the Three Months ended March 31, 2024

EMBASSY BANCORP INC (EMYB) 
NASDAQ:AMEX Investor Relations: snl.com/irweblinkx/tearsheet.aspx?iid=4214573
Company Research Source: GlobeNewswire
BETHLEHEM, Pa., May 17, 2024 (GLOBE NEWSWIRE) -- Embassy Bancorp, Inc. (OTCQX: EMYB) (the “Company”) has filed its Form 10-Q on May 15, 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: Loans receivable increased to $1.271 billion at March 31, 2024, an increase of $17.5 million, from $1.254 billion at December 31, 2023.Cash and cash equivalents on hand of $59.5 million at March 31, 2024, or 3.6% of total assets.Deposits of $1.509 billion at March 31, 2024, an increase of $33.1 million from $1.476 billion at December 31, 2023. Non-interest bearing deposits increased $8.7 million during this same period. The Company does not have any brokered deposits.The Company had no short or long term borrowings as of March 31, 2024, and during the t Show less Read more
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