---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-018682"
form_type: "8-K"
ticker: "AUBN"
cik: "0000750574"
company_name: "AUBURN NATIONAL BANCORPORATION, INC"
filed_at: "2023-01-30T23:59:59+00:00"
generated_at: "2026-06-20T06:53:00.583409+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Auburn National reports record Q4 net earnings of $4.5M, full year $10.3M

## Summary
- Q4 net earnings $4.5M ($1.27 EPS) vs $1.9M ($0.53) in Q4 2021; full year $10.3M ($2.95) vs $8.0M ($2.27).
- Net interest margin (tax-equiv) expanded to 3.27% from 2.45% in Q4 2021.
- Nonperforming assets rose to $2.7M (0.27% of assets) from $0.8M (0.07%) due to one downgraded borrowing relationship.
- Recorded $3.2M gain on land sale and $1.6M ERC credit; provision for loan losses was $1.0M.
- Paid Q4 dividend of $0.265/share, up 2% YoY; repurchased 17,183 shares for $0.5M in 2022.

## SEC filing metadata
- accession: 0001193125-23-018682
- form_type: 8-K
- ticker: AUBN
- cik: 0000750574
- company_name: AUBURN NATIONAL BANCORPORATION, INC
- filed_at: 2023-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/750574/000119312523018682/0001193125-23-018682-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/750574/000119312523018682/d438993d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-018682
- JSON: https://secwatch.observer/filing/0001193125-23-018682.json
- Plain text: https://secwatch.observer/filing/0001193125-23-018682.txt

## Key facts
- Earnings Releases
  AUBURN NATIONAL BANCORPORATION, INC reported the quarter and year ended December 31, 2022 results: revenue Total revenue increased by $4.3 million, or 62%, in the fourth quarter of 2022, compared to the fourth quarter of 2021, net income record quarterly net earnings of $4.5 million, or $1.27 per share, EPS $1.27 per share.
  - Period: the quarter and year ended December 31, 2022
  - Revenue: Total revenue increased by $4.3 million, or 62%, in the fourth quarter of 2022, compared to the fourth quarter of 2021
  - Net income: record quarterly net earnings of $4.5 million, or $1.27 per share
  - EPS: $1.27 per share
  - Result: reported results
  source text: stated in any such filing. Attached and incorporated herein by reference as Exhibit 99.1 is a copy of the press release of Auburn National Bancorporation, Inc., dated January 30, 2023, reporting the Company’s financial results for the quarter and year ended December 31, 2022. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 For additional information, contact:
  evidence_url: https://www.sec.gov/Archives/edgar/data/750574/000119312523018682/0001193125-23-018682-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.