Auburn National FY26 Q1 net earnings rise 44% to $2.2 million

Auburn National

Auburn National

AUBN

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  • Auburn National Bancorporation posted first-quarter net earnings of $2.2 million, up 44%, as earnings per share rose to $0.63.
  • Revenue increased 10.7% to $8.63 million, driven by net interest income of $7.73 million.
  • Net interest margin widened 19 basis points to 3.28% on a tax-equivalent basis, while noninterest income climbed to $0.9 million on higher mortgage lending income.
  • Provision for credit losses was a negative $76,000, while allowance for credit losses eased to $6.78 million, or 1.16% of total loans, after a CECL segmentation refinement for municipal loans.
  • Total deposits rose to $931.11 million at March 31, 2026, while total loans increased to $582.06 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Auburn National Bancorporation Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-221544), on May 13, 2026, and is solely responsible for the information contained therein.

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