Embassy Bancorp, Inc. (EMYB)

Embassy Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	53.11	48.72	42.21	43.57	41.99	39.64
Interest Income on Investments	9.8	8.44	8.18	3.93	2.34	3.23
Total Interest Income	62.9	57.16	50.39	47.51	44.33	42.86
Interest Paid on Deposits	26.72	17.61	4.06	3.88	6.13	8.98
Interest Paid on Borrowings	0.63	0.5	0.04	0.13	0.29	0.35
Total Interest Expense	27.35	18.12	4.1	4.01	6.41	9.33
Net Interest Income	35.56	39.04	46.28	43.49	37.92	33.53
Net Interest Income Growth (YoY)	-16.24%	-15.65%	6.41%	14.71%	13.07%	3.01%
Gain (Loss) on Sale of Investments	-	-	-	0.02	0.13	-
Other Non-Interest Income	2.68	2.27	1.99	1.95	1.99	1.81
Total Non-Interest Income	3.02	2.63	2.34	2.4	2.45	2.19
Non-Interest Income Growth (YoY)	17.49%	12.21%	-2.38%	-1.84%	11.49%	25.82%
Revenues Before Loan Losses	38.57	41.67	48.63	45.89	40.36	35.73
Provision for Loan Losses	-0.37	-0.18	0.9	0.92	2.52	0.61
Revenue	38.95	41.85	47.73	44.98	37.84	35.12
Revenue Growth (YoY)	-13.34%	-12.33%	6.12%	18.86%	7.74%	5.73%
Salaries and Employee Benefits	13.03	13.2	12.88	11.72	10.81	10.1
Occupancy Expenses	2.23	2.09	1.96	1.88	1.62	1.7
Federal Deposit Insurance	0.77	0.76	0.47	0.56	0.39	0.2
Selling, General & Administrative	7.06	7.38	7.29	6.99	6.51	6.91
Other Non-Interest Expense	2.22	2.02	2.21	2.11	1.9	1.98
Total Non-Interest Expense	26.25	26.39	25.74	24.13	22.11	21.75
EBT Excluding Unusual Items	12.7	15.46	21.99	20.85	15.73	13.37
Pretax Income	12.7	15.46	21.99	20.85	15.73	13.37
Income Tax Expense	2.14	2.8	4.29	4.07	2.92	2.49
Net Income	10.56	12.66	17.7	16.79	12.81	10.88
Net Income to Common	10.56	12.66	17.7	16.79	12.81	10.88
Net Income Growth	-28.72%	-28.51%	5.46%	31.04%	17.75%	7.94%
Basic Shares Outstanding	8	8	8	8	7	7
Diluted Shares Outstanding	8	8	8	8	8	8
Shares Change (YoY)	0.22%	0.38%	0.22%	0.41%	-0.27%	0.21%
EPS (Basic)	1.39	1.67	2.34	2.23	1.71	1.46
EPS (Diluted)	1.39	1.67	2.34	2.22	1.70	1.44
EPS Growth	-28.80%	-28.83%	5.41%	30.59%	18.06%	7.46%
Dividend Per Share	0.420	0.400	0.350	0.300	0.220	0.200
Dividend Growth	5.00%	14.29%	16.67%	36.36%	10.00%	17.65%
Effective Tax Rate	16.83%	18.11%	19.51%	19.50%	18.57%	18.65%

Source: S&P Capital IQ. Banks template. Financial Sources.