---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-018269"
form_type: "8-K"
ticker: "AUBN"
cik: "0000750574"
company_name: "AUBURN NATIONAL BANCORPORATION, INC"
filed_at: "2024-01-29T23:59:59+00:00"
generated_at: "2026-06-06T16:13:59.821946+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Auburn National reports Q4 net loss of $4.0M after securities sale repositioning

## Summary
- Net loss of $4.0M ($1.14/sh) in Q4 2023 vs net earnings of $4.5M ($1.27/sh) in Q4 2022.
- Sold $117.6M in securities for after-tax loss of $4.7M ($1.36/sh); proceeds used to repay wholesale funding and reciprocal deposits.
- Adjusted net earnings (excluding securities loss & non-routine items) were $0.7M ($0.21/sh) in Q4 vs $0.9M ($0.25/sh) in prior year.
- Net interest margin fell to 2.65% from 3.27%; average loans up 12% to $550.9M.
- Book value per share rose to $21.90 from $19.42; dividend increased 2% to $0.27/sh.

## SEC filing metadata
- accession: 0001193125-24-018269
- form_type: 8-K
- ticker: AUBN
- cik: 0000750574
- company_name: AUBURN NATIONAL BANCORPORATION, INC
- filed_at: 2024-01-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/750574/000119312524018269/0001193125-24-018269-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/750574/000119312524018269/d735782d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-018269
- JSON: https://secwatch.observer/filing/0001193125-24-018269.json
- Plain text: https://secwatch.observer/filing/0001193125-24-018269.txt

## Key facts
- Earnings Releases
  AUBURN NATIONAL BANCORPORATION, INC reported the fourth quarter of 2023 results: net income $4.0 million, EPS $1.14 per share.
  - Period: the fourth quarter of 2023
  - Net income: $4.0 million
  - EPS: $1.14 per share
  - Result: reported results
  source text: Auburn National Bancorporation (Nasdaq: AUBN) reported a net loss of $4.0 million, or $1.14 per share, for the fourth quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/750574/000119312524018269/0001193125-24-018269-index.htm
- Earnings Releases
  AUBURN NATIONAL BANCORPORATION, INC reported the full year 2023 results: net income $1.4 million, EPS $0.40 per share.
  - Period: the full year 2023
  - Net income: $1.4 million
  - EPS: $0.40 per share
  - Result: reported results
  source text: For the full year 2023, the Company reported net earnings of $1.4 million, or $0.40 per share, compared to $10.3 million, or $2.95 per share, for 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/750574/000119312524018269/0001193125-24-018269-index.htm

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