secwatch.observer — SEC 8-K summary
======================================

Issuer:     AUBURN NATIONAL BANCORPORATION, INC (AUBN)
CIK:        0000750574
Form:       8-K
Filed at:   2022-10-25T23:59:59+00:00
Accession:  0001193125-22-268207
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Auburn National Q3 EPS $0.57 vs $0.53 YoY; net interest income up 20%
---------------------------------------------------------------------

- Net earnings of $2.0M ($0.57 per share) vs $1.9M ($0.53) in Q3 2021; 9-month EPS $1.67 vs $1.74.
- Net interest income (tax-equivalent) $7.4M, +20% YoY; net interest margin 3.00% vs 2.51%.
- Total loans grew 8% vs June 30, 2022; provision for loan losses of $250K driven by loan growth.
- Dividend increased 2% to $0.265 per share; $0.5M in share repurchases during 2022.
- Equity fell to $59.8M from $103.7M at Dec 2021 due to $46.6M unrealized securities loss.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/750574/000119312522268207/0001193125-22-268207-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/750574/000119312522268207/d390657d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-268207

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer