Elmer Bancorp, Inc.
Climate Impact & Sustainability Data (2019, 2020)
Reporting Period: 2019
Environmental Metrics
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Community Investment
- Employee Well-being
Social Achievements
- Maintained staffing levels during the COVID-19 pandemic, assisting business customers through government stimulus programs.
- The First National Bank of Elmer was selected as the “Best Community Bank” by SJ Magazine in 2020, and CEO Brian W. Jones was recognized as one of 2020’s “Top CEO’s” by the same publication.
Climate Goals & Targets
Environmental Challenges
- COVID-19 pandemic impacted earnings due to increased loan loss provision, higher employment costs, professional fees, data processing expenses, lower service charge fee income, and a lower interest rate environment.
Mitigation Strategies
- Participation in the Paycheck Protection Program (PPP) and other government stimulus efforts.
- Provided loan payment deferrals or interest-only payments to over 215 customers totaling $94.4 million.
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- Best Community Bank (SJ Magazine)
- Top CEO (Brian W. Jones, SJ Magazine)