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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	51.83	48.72	42.21	43.57	41.99	39.64
Interest Income on Investments	8.67	8.44	8.18	3.93	2.34	3.23
Total Interest Income	60.5	57.16	50.39	47.51	44.33	42.86
Interest Paid on Deposits	24.09	17.61	4.06	3.88	6.13	8.98
Interest Paid on Borrowings	0.62	0.5	0.04	0.13	0.29	0.35
Total Interest Expense	24.71	18.12	4.1	4.01	6.41	9.33
Net Interest Income	35.79	39.04	46.28	43.49	37.92	33.53
Net Interest Income Growth (YoY)	-20.73%	-15.65%	6.41%	14.71%	13.07%	3.01%
Gain (Loss) on Sale of Investments	-	-	-	0.02	0.13	-
Other Non-Interest Income	2.39	2.27	1.99	1.95	1.99	1.81
Total Non-Interest Income	2.73	2.63	2.34	2.4	2.45	2.19
Non-Interest Income Growth (YoY)	5.93%	12.21%	-2.38%	-1.84%	11.49%	25.82%
Revenues Before Loan Losses	38.52	41.67	48.63	45.89	40.36	35.73
Provision for Loan Losses	-0.64	-0.18	0.9	0.92	2.52	0.61
Revenue	39.16	41.85	47.73	44.98	37.84	35.12
Revenue Growth (YoY)	-16.80%	-12.33%	6.12%	18.86%	7.74%	5.73%
Salaries and Employee Benefits	12.83	13.2	12.88	11.72	10.81	10.1
Occupancy Expenses	2.21	2.09	1.96	1.88	1.62	1.7
Federal Deposit Insurance	0.76	0.76	0.47	0.56	0.39	0.2
Selling, General & Administrative	7.14	7.38	7.29	6.99	6.51	6.91
Other Non-Interest Expense	2.17	2.02	2.21	2.11	1.9	1.98
Total Non-Interest Expense	26.04	26.39	25.74	24.13	22.11	21.75
EBT Excluding Unusual Items	13.12	15.46	21.99	20.85	15.73	13.37
Pretax Income	13.12	15.46	21.99	20.85	15.73	13.37
Income Tax Expense	2.27	2.8	4.29	4.07	2.92	2.49
Net Income	10.85	12.66	17.7	16.79	12.81	10.88
Net Income to Common	10.85	12.66	17.7	16.79	12.81	10.88
Net Income Growth	-34.50%	-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)	0.27%	0.38%	0.22%	0.41%	-0.27%	0.21%
EPS (Basic)	1.43	1.67	2.34	2.23	1.71	1.46
EPS (Diluted)	1.43	1.67	2.34	2.22	1.70	1.44
EPS Growth	-34.73%	-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	17.32%	18.11%	19.51%	19.50%	18.57%	18.65%

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