Embassy Bancorp : Caution on Forward Looking Statements Form 8 K

Caution on Forward Looking Statements





This presentation may contain forward-looking statements, including statements of goals, intentions, and expectations as to future trends, plans, events or results of Embassy Bancorp, Inc.'s ("Company")

operations and policies and regarding general economic conditions. These forward-looking statements are intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. These statements are based upon current and anticipated economic conditions, nationally and in the Company's market, interest rates and interest rate policy, competitive factors and other conditions that, by their nature, are not susceptible to accurate forecast, and are subject to significant uncertainty.



Such forward-looking statements can be identified by the use of forward- looking terminology such as "believes", "expects", "may", "intends", "will", "should", "anticipates", or the negative of any of the foregoing or other variations thereon or comparable terminology, or by discussion of strategy.

No assurance can be given that the future results covered by forward- looking statements will be achieved. Such statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from future results expressed or implied by such forward- looking statements.



Important factors that could impact the Company's operating results include, but are not limited to, (i) the effects of changing economic conditions in the Company's market areas and nationally, (ii) credit risks of commercial, real estate, consumer and other lending activities, (iii) significant changes in interest rates and related deposit flows, (iv) changes in federal and state banking laws and regulations which could impact the Company's operations including policies of the U.S. Department of Treasury and Federal Reserve system, (v) changes in accounting policies or procedures as may be required by FASB or regulatory agencies, (vi) geopolitical events in the Ukraine and Russia,

(vii) adverse developments in the financial industry generally, such as the recent bank failures and related responsive measures to manage such developments, and (viii) other external developments which could materially affect the Company's business and operations, as well as the risks described in the Company's Form 10-K for the year ended December 31, 2023 and subsequent filings with the SEC.

Certain information contained in this presentation and statements made orally during this presentation relate to or are based on publications and other data obtained from third-party sources. While the Company believes these third-party sources to be reliable as of the date of this presentation, the Company has not independently verified, and makes no representation as to the adequacy, fairness, accuracy or completeness of, any information obtained from third-party sources.





2



Board

of Directors









Frank "Chip" Banko IIIGeoffrey F. BoyerJohn G. EnglessonBernard M. Lesavoy







































David M. Lobach, Jr.

Chairman

3



John C. PittmanPatti Gates SmithJohn T. Yurconic



Leadership Team























David M. Lobach, Jr.Judith A. HunsickerDiane M. CunninghamLynne M. Neel



























Mark A. CascianoMichael B. MacyJeffrey C. SkuminBrandi L. StefanovJennifer A. Tropeano









4



Business

of the Meeting





































5





















Business

of the Meeting











Determination of a Quorum



Proposal #1

To elect two Class 2 Directors of the Company for a term of 3 years:

• John G. Englesson

• Patti Gates Smith

















7





Business

of the Meeting











Determination of a Quorum



Proposal #1

To elect two Class 2 Directors of the Company for a term of 3 years:

• John G. Englesson

• Patti Gates Smith



Proposal #2

To ratify the appointment of Baker Tilly US, LLP as the company's independent registered public accounting firm for the year ending December 31, 2024.

















8



Business

of the Meeting





Final Voting in Progress

















9







Business

of the Meeting





The Polls are Now Closed

















10











Strength. Stability.

Community.

- Lynne Neel























11





22

Years Serving Lehigh Valley



113

Dedicated Team Members



10

Branch Offices



28,843

Satisfied

Customers







Superior







12Figures as of 3/31/2024



Strength

Long-term organic growth. Exceptional credit quality. Industry-leading efficiency. Expense control.

Healthy liquidity position.



Stability

Expert leadership team and board.

Unwavering strategy consistently applied.

Time-tested results.

Well-positioned for future growth.























13



Community

$13.2M

Our Support to Lehigh Valley Agencies 2001 - 2023



$1.1M

2023 Charitable, Sponsorships & Support





57

LV Community Events



203

Organizations Served











14









10-Year Growth Trends

($millions)





$1,521$1,509

$1,467$1,476



$611

$612$690$660$799$833$858$901$957$932$1,013 $1,032



$1,090





$1,232









$1,108



$1,254

$1,208



$1,271









20142015201620172018201920202021202220231Q2024

Total Loans*Total Deposits









16*Does not include PPP loans

Deposits Cost of Funds Market Share

- Diane Cunningham





































17



Deposits

($millions)











201920202021202220231Q2024









18







Relationship Growth



2023 Net New Customers

1,380









New Accounts 2023 9,805

Savings 16%











Checking 40%



New Accounts 1Q24 2,424

Savings

15%











Checking 36%

















CD 44%

CD 49%











19



Deposit Composition













Time Deposits 27%



20231Q2024

Time Deposits 29%























Cash Type Deposits 73%



Cash Type Deposits 71%





















20

Figures based on Median Values

Source: S&P Global Market Intelligence/Velligan-Blaxall Consultants, LLC



Cost of Funds Peer Comparison*

2023

1.52%1.55%















Embassy BankNational Benchmark





1Q2024



PA Peer Group





2.06%2.07%















Embassy BankNational Benchmark



PA Peer Group









* Figures based on Median Values, banks with assets of $100M to $5B.

21Source: S&P Global Market Intelligence/Velligan-Blaxall Consultants, LLC. Benchmark: Stock banks across the U.S. Peer Group: Banks headquartered in PA.





Cost of Funds 5-Year History



1.8





1.6





1.4





1.2







1





0.8





0.6





0.4





Figures based on Median Values, banks with assets of $100M to $5B. Source: S&P Global Market Intelligence/Velligan-Blaxall Consultants, LLC. Benchmark: Stock banks across the U.S.



0.2



Peer Group: Banks headquartered in PA.0







20192020202120222023





EmbassyPA PeersN'tl Benchmark





22



2023 Average Branch Size

($000's, as of June 2023)





$150,851



Embassy BankPeers







Source: S&P Global Market Intelligence Peer Group: Banks and Credit Unions with branches in Lehigh and Northampton Counties









Top 10 Commercial Banks by Deposit Market Share

Lehigh and Northampton Counties as of June 30, 2023





RankInstitution NameTotalActive BranchesTotalDeposits ($000)DepositMarket Share (%)YoY Changein BranchesYoYDeposit Growth (%)1Wells Fargo Bank NA243,679,00920.80(2)-14%2Truist Bank182,271,982

12.84(1)-7%3Fulton Bank NA141,576,4118.91(1)-7%4Embassy Bank for the Lehigh Valley101,508,509

8.530-2%5PNC Bank NA121,407,6887.96(2)-14%6Bank of America NA71,244,2347.030-8%7TD Bank NA

7928,0535.2502%8Santander Bank NA7685,9893.8801%9American Bank1682,0683.8600%10New Tripoli Bank3549,3533.1106%

















24Source: S & P Global Marketplace Peer Analytics

Lending Asset Quality Liquidity

- Judy Hunsicker





































25



Loans*

($millions)



Loan Composition 1Q2024













$1,013



$1,090$1,108



Consumer &

Mortgage 52%























Commercial 48%



201920202021202220231Q2024











26*Does not include PPP loans



Loan Yield Trends*4.39%4.43%4.69%3.80%3.64%3.60%3.78%4.06%3.91%3.96%4.19%4.28%4.14%4.14%

3.35%3.30%3.69%3.65%CommercialConsumerTotal

27*Does not include PPP loans







































2023 Residential Mortgage Loans Originated

Lehigh and Northampton Counties, by Amount & Number of Loans



141.9 M133.1 M122.0 M110.9 M86.6 M85.4 M68.5 M60.2 M56.8 M55.5 M



CrossCountry

First Commonwealth

Rocket Mortgage

Embassy Bancorp

UWM Holdings

Prosperity Home

NVR Mortgage

Mortgage America

People First Federal

Guild Mortgage

Mortgage

Federal Credit Union

Corporation

Mortgage

FinanceCredit Union

Company777699604529380309305292

First CommonwealthEmbassy Bancorp, Inc.Rocket MortgagePeople First FederalCrossCountry MortgageThe PNC FinancialProsperity HomeUWM HoldingsFederal Credit UnionCredit UnionServices Group

Mortgage

Corporation





31Source: S & P Global Market Intelligence - Residential and Commercial Analytics

(Private Party Lenders excluded from above comparison)











Asset Quality

Non-Performing Assets to Total Assets



20231Q2024

0.41%

0.37%





0.24%



0.25%







0.13%



0.12%









Embassy BankNational BenchmarkPA Peer GroupEmbassy BankNational BenchmarkPA Peer Group















Figures based on Median Values, banks with assets of $100M to $5B.

32Source: S&P Global Market Intelligence/Velligan-Blaxall Consultants, LLC. Benchmark: Stock banks across the U.S. Peer Group: Banks headquartered in PA.



Non-Current Loans to Total Loans Peer Comparison

0.51%



20231Q202420231Q202420231Q2024





Number of

Bank-Owned Properties

12/31/23 & 3/31/24

ZERO



Embassy BankNat'l BenchmarkPA Peers







Figures based on Median Values, banks with assets of $100M to $5B.

33Source: S&P Global Market Intelligence/Velligan-Blaxall Consultants, LLC. Benchmark: Stock banks across the U.S. Peer Group: Banks headquartered in PA.



Securities Available for Sale*Securities to Total Assets



($000's)



2023 Peer Comparison**







$310,264 $316,992







$276,060 $266,158







17%19%20%$130,940$90,829

201920202021202220231Q2024



Embassy BankNational Benchmark



PA Peer Group















* Embassy Bancorp classifies its entire securities portfolio as available for sale.

34** Figures based on Median Values, banks with assets of $100M to $5B.

Source: S&P Global Market Intelligence/Velligan-Blaxall Consultants, LLC. Benchmark: Stock banks across the U.S. Peer Group: Banks headquartered in PA.





































$977M total liquidity 2023 $209M Cash, Cash Equivalents & Unpledged securities $768M available borrowing facilities No brokered deposits as of 12/31/2023 FHLB Advance of $35 million paid on 01/02/2023 Embassy Bancorp, Inc.



Efficiency Income

Shareholder Value

- Dave Lobach



























36



2023 Efficiency Ratio



Efficiency





61%65%68%2023SalaryExpensetoAvg.Assets1.41%2023RevenuePerEmployee($000's)1.32%0.82%$146.06



$75.93$62.69Embassy BankNationalBenchmarkPA Peer GroupEmbassy BankNationalBenchmark



PA Peer GroupEmbassy BankNational Benchmark



37



PA Peer Group







Figures based on Median Values, banks with assets of $100M to $5B. Source: S&P Global Market Intelligence/Velligan-Blaxall Consultants, LLC. Benchmark: Stock banks across the U.S. Peer Group: Banks headquartered in PA.



2023 Assets Per Employee

($000's)



2023 Deposits Per Employee

($000's)



2023 Loans Per Employee

($000's)





$15,061$13,425$11,400$6,835$6,774$5,747$5,679$4,433$4,739



Embassy BankNationalBenchmarkPA Peer GroupEmbassy BankNationalBenchmarkPA Peer Group



Embassy BankNationalBenchmarkPA Peer Group

Figures based on Median Values, banks with assets of $100M to $5B.

38Source: S&P Global Market Intelligence/Velligan-Blaxall Consultants, LLC. Benchmark: Stock banks across the U.S. Peer Group: Banks headquartered in PA.















































2023 Return on Average Assets



0.78%0.77%

0.93%



2023 Return on Average Shareholder Equity

14.12%



9.23%10.21%

Embassy Bank PA Peer GroupNational

Benchmark



Embassy Bank PA Peer GroupNational

Benchmark















Figures based on Median Values, banks with assets of $100M to $5B.

43Source: S&P Global Market Intelligence/Velligan-Blaxall Consultants, LLC. Benchmark: Stock banks across the U.S. Peer Group: Banks headquartered in PA.



Total Return since first public trade on August 5, 2010 OTCQX EMYB 162.84% S&P U.S. Banks $1 to $5 billion up 146.19% 44





















$0.14 45



Annual Dividend Announcement

$0.40

$0.35



$0.30





$0.20$0.22

$0.17











$0.42













20172018201920202021202220232024











Shareholders of record as of 06/28/2024

Payable 07/12/2024



Closing Items

















Questions & Answers

Results of Voting



Conclusion of

Meeting

















46



















Thank You From Our

Board of Directors









































47