AUBURN NATIONAL BANCORPORATION, INC
For the period ended Mar 31, 2026. Filed May 13, 2026.
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.
Mar 31, 2026 · Filed May 13, 2026
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
Net interest income (a)
$
7,832
7,780
7,641
7,411
7,112
Less: tax-equivalent adjustment
7,733
7,713
7,572
7,344
7,045
Noninterest income
Total revenue
8,626
8,467
8,401
8,133
7,792
(76)
(255)
(10)
Noninterest expense
5,901
5,563
5,806
5,702
5,880
$
2,198
1,665
2,227
1,833
1,530
Per share data:
Basic and diluted net earnings
$
0.63
0.48
0.64
0.52
0.44
Cash dividends declared
0.27
0.27
0.27
0.27
0.27
Weighted average shares outstanding - basic
Weighted average shares outstanding - diluted
3,496,729
3,495,972
Shares outstanding, at period end
3,495,866
Book value
$
26.62
26.35
28.44
24.64
23.79
Common stock price
High
$
26.50
27.98
28.47
25.28
23.37
Low
21.01
24.00
23.13
19.48
20.36
Period end:
23.87
26.95
28.44
25.00
21.59
To earnings ratio (b)
10.52
12.96
13.87
13.09
11.42
To book value
89.67
%
102.28
110.88
101.46
90.75
Performance ratios:
Annualized return on average equity
9.65
%
7.40
10.65
9.00
7.83
Annualized return on average assets
0.86
%
0.66
0.89
0.74
0.62
Dividend payout ratio
42.86
%
56.25
42.19
51.92
61.36
Asset Quality:
Allowance for credit losses as a % of:
Loans
1.16
%
1.27
1.20
1.24
1.20
Nonperforming loans
6,643
%
1,489
6,434
2,306
1,298
Nonperforming assets as a % of:
Loans and OREO
0.02
%
0.09
0.02
0.05
0.09
0.01
%
0.05
0.01
0.03
0.05
Nonperforming loans as a % of total loans
0.02
%
0.09
0.02
0.05
0.09
Annualized net charge-offs (recoveries) as % of
average loans
0.28
%
0.22
0.06
(0.03)
0.05
Capital Adequacy: (c)
CET 1 risk-based capital ratio
16.12
%
16.06
15.51
15.32
15.04
Tier 1 risk-based capital ratio
16.12
%
16.06
15.51
15.32
15.04
Total risk-based capital ratio
17.13
%
17.14
16.49
16.35
16.05
Tier 1 leverage ratio
10.60
%
10.71
10.72
10.64
10.52
Other financial data:
Net interest margin (a)
3.28
%
3.24
3.21
3.18
3.09
Effective income tax rate
21.53
%
21.50
21.86
20.92
20.40
Efficiency ratio (d)
67.63
%
65.19
68.55
69.54
74.82
Selected average balances:
Loans
$
577,489
559,009
556,233
559,770
566,082
1,009,953
997,892
990,523
987,272
930,474
917,178
909,293
905,227
906,805
Total stockholders’ equity
91,088
90,000
83,642
81,447
78,158
Selected period end balances:
Loans
$
582,040
565,354
557,912
562,714
560,650
Allowance for credit losses
6,776
7,176
6,691
6,965
6,750
1,011,184
1,029,224
996,786
931,109
922,926
917,266
939,851
910,503
Total stockholders’ equity
93,061
92,053
89,613
86,071
83,115
(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.
Table 3
– Average Balances and Net
Interest Income Analysis
(1)
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