AUBURN NATIONAL BANCORPORATION INC
For the period ended Sep 30, 2024. Filed Nov 1, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 1, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 2. Results of Operations
$
20,216
20,591
20,156
20,269
2,629
2,448
22,785
22,717
(191)
16,694
16,791
1,170
$
4,837
5,380
Per share data:
Basic and diluted net earnings
$
1.38
1.54
Cash dividends declared
0.81
0.81
Weighted average shares outstanding:
Shares outstanding, at period end
Book value
$
24.14
17.59
Common stock price:
High
$
24.35
24.50
Low
16.63
18.80
Period end
22.90
21.50
To earnings ratio (b)
91.60
x
7.65
To book value
%
Performance ratios:
Annualized return on average equity
8.59
%
10.15
Annualized return on average assets
0.66
%
0.70
Dividend payout ratio
58.70
%
52.60
Asset Quality:
Allowance for credit losses as a % of:
Loans
1.22
%
1.24
Nonperforming loans
%
Nonperforming assets as a % of:
Loans and other real estate owned
0.14
%
0.22
0.08
%
0.12
0.14
%
0.22
Annualized net recoveries as a % of average loans
—
%
(0.03)
Capital Adequacy: (c)
CET 1 risk-based capital ratio
14.75
%
15.01
Tier 1 risk-based capital ratio
14.75
%
15.01
Total risk-based capital ratio
15.76
%
15.98
Tier 1 leverage ratio
10.43
%
10.26
Other financial data:
Net interest margin (a)
3.05
%
2.97
Effective income tax rate
19.48
%
12.05
Efficiency ratio (d)
73.08
%
72.88
Selected average balances:
$
259,158
398,751
568,628
514,635
979,243
900,876
944,471
75,044
70,659
Selected period end balances:
$
258,285
373,286
565,699
545,610
6,876
6,778
990,143
1,030,724
901,724
964,602
84,336
61,451
(a) Tax-equivalent. See "Table 1 - Explanation of Non-GAAP Financial Measures."
(b) Calculated by dividing period end share price by
earnings per share for the previous four quarters.
(c) Regulatory capital ratios presented are for the Company's
wholly-owned subsidiary, AuburnBank.
(d) Efficiency ratio is the result of noninterest expense divided by
the sum of noninterest income and tax-equivalent net interest income.
See Table 1 - Explanation of Non-GAAP Measures.
Table 4
- Average
Balances and Net Interest Income Analysis
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.