---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-264178"
form_type: "8-K"
ticker: "AUBN"
cik: "0000750574"
company_name: "AUBURN NATIONAL BANCORPORATION, INC"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T09:11:25.129402+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Auburn National Q3 EPS $0.43, down 22% QoQ; net interest margin shrinks to 2.73%

## Summary
- Net income $1.5M ($0.43 EPS) vs $1.9M ($0.55) in Q2'23 and $2.0M ($0.57) in Q3'22.
- Net interest margin (tax-equiv) 2.73%, down 30 bps from Q2; cost of funds rose to 142 bps from 93 bps.
- Provision for credit losses $0.1M vs negative $0.4M in Q2; nonperforming assets $1.2M (0.12% of assets).
- Loans grew 5% QoQ to $545.6M; brokered deposits jumped to $46.1M from $16.0M.
- Dividend increased 2% to $0.27/share; $0.2M in share repurchases year-to-date.

## SEC filing metadata
- accession: 0001193125-23-264178
- form_type: 8-K
- ticker: AUBN
- cik: 0000750574
- company_name: AUBURN NATIONAL BANCORPORATION, INC
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/750574/000119312523264178/0001193125-23-264178-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/750574/000119312523264178/d510922d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-264178
- JSON: https://secwatch.observer/filing/0001193125-23-264178.json
- Plain text: https://secwatch.observer/filing/0001193125-23-264178.txt

## Key facts
- Earnings Releases
  AUBURN NATIONAL BANCORPORATION, INC reported third quarter 2023 results: net income Net income of $1.5 million, EPS Earnings per share of $0.43.
  - Period: third quarter 2023
  - Net income: Net income of $1.5 million
  - EPS: Earnings per share of $0.43
  - Result: reported results
  source text: Auburn National Bancorporation, Inc. Reports Third Quarter Net Earnings Third Quarter 2023 Highlights: • Net income of $1.5 million • Earnings per share of $0.43 decreased 22% compared to the second quarter • Net interest income (tax-equivalent) was $6.4 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/750574/000119312523264178/0001193125-23-264178-index.htm

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