Earnings ·
Auburn National Bancorporation reports Q3 net earnings of $2.5 million, or $0.72 per share
AUBNAuburn National Bancorporation, Inc
Auburn National Bancorporation reported third-quarter 2026 net earnings of $2.5 million, or $0.72 per share, compared to $2.3 million, or $0.66 per share, in the second quarter and $2.2 million, or $0.64 per share, in the prior-year period. Net interest income (tax-equivalent) rose 6% year-over-year to $8.1 million as the net interest margin expanded 15 basis points to 3.36%. The company recorded a negative provision for credit losses of $50 thousand and maintained strong asset quality with nonperforming assets at just 0.02% of total assets. Total assets stood at $1.0 billion, while stockholders' equity decreased slightly to $89.6 million due to unrealized securities losses and dividend payments. Auburn National Bancorporation operates as a bank holding company for AuburnBank in East Alabama.