Auburn National Bancorporation ( (AUBN) ) has released its Q2 earnings. Here is a breakdown of the information Auburn National Bancorporation presented to its investors.
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Auburn National Bancorporation, Inc., headquartered in Auburn, Alabama, is the parent company of AuburnBank, an Alabama state-chartered bank. The bank operates primarily in East Alabama, offering a range of financial services through its seven full-service branches and a loan production office.
In the second quarter of 2025, Auburn National Bancorporation reported a net earnings increase to $1.8 million, or $0.52 per share, marking an 18% rise in earnings per share from the previous quarter. The company also saw a 4% increase in net interest income and a 7 basis point improvement in net interest margin, reaching 3.27%.
Key financial highlights for the quarter included a decrease in noninterest expenses by 3% and a significant improvement in credit quality, with nonperforming assets constituting only 0.03% of total assets. The company’s net interest income rose to $7.4 million, driven by growth in average interest-earning assets and improved net interest margins. Additionally, Auburn National Bancorporation’s total assets reached $1.0 billion, with total deposits increasing to $939.9 million.
Looking ahead, Auburn National Bancorporation remains optimistic about its financial position, with strong capital and liquidity levels. The management anticipates further improvements in net interest margin as loans and securities continue to re-price, positioning the company well to meet customer needs in the coming quarters.