Auburn National Bancorporation reports Q1 EPS 44c vs 39c last year

Reports Q1 revenue $7.792M vs $7.544M last year. “Our first quarter results reflect strong credit quality and continued improvement in our net interest margin,” said David A. Hedges, President and CEO. “While loan demand has slowed, we remain optimistic that our net interest margin will continue to improve as loans and securities re-price. Once again, our capital and liquidity remain strong and we are well positioned to meet the needs of our customers,” continued Hedges.