Stockholder Steven Buckman believes Embassy’s assets would be worth more to an acquirer than Embassy is likely to achieve on its own in the market. The bank’s underperformance is evidenced by its 0.61% Return on Assets. The Company’s recent subpar returns have been caused by poor matching of asset/liability durations, which an acquirer could easily rectify. Potential cost savings could also be achieved. For example, the costs of the corporate headquarters, which is rented from Red Bird Associates (owned by Embassy’s officers and directors), could be reduced or eliminated. In 2023, the rental expense was $624,971. It should be noted that Northampton County has assessed the property at $2,204,600—several hundred thousand dollars less than the value of the five year lease. Shareholders are concerned that there is a potential conflict of interest that might interfere with the need for an immediate sale versus the desire of Red Bird, whose interests would be to wait until the five year lease renews on March 1, 2027. EMYB stockholders would be best served if the company and its assets were sold as soon as possible for the best available price.