---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-110127"
form_type: "8-K"
ticker: "AUBN"
cik: "0000750574"
company_name: "AUBURN NATIONAL BANCORPORATION, INC"
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T10:28:44.480935+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Auburn National Q1 net income $1.4M, up from Q4 loss; NIM expands 39 bps to 3.04%

## Summary
- Net earnings $1.4M ($0.39/share) vs Q4 2023 net loss $4.0M ($1.14) and Q1 2023 net income $2.0M ($0.56).
- Net interest income (tax-eq) $6.7M, +8% from Q4 2023; net interest margin 3.04% vs 2.65%.
- Annualized loan growth 7%; loans $567.5M, total deposits $899.7M (+$3.4M from Q4).
- Nonperforming assets 0.09% of assets; allowance for credit losses $7.2M (1.27% of loans).
- Paid $0.27/share dividend; book value $21.32; no share repurchases in Q1 2024.

## SEC filing metadata
- accession: 0001193125-24-110127
- form_type: 8-K
- ticker: AUBN
- cik: 0000750574
- company_name: AUBURN NATIONAL BANCORPORATION, INC
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/750574/000119312524110127/0001193125-24-110127-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/750574/000119312524110127/d807333d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-110127
- JSON: https://secwatch.observer/filing/0001193125-24-110127.json
- Plain text: https://secwatch.observer/filing/0001193125-24-110127.txt

## Key facts
- Earnings Releases
  AUBURN NATIONAL BANCORPORATION, INC reported financial results for first quarter of 2024.
  - Period: first quarter of 2024
  - Result: reported results
  source text: Auburn National Bancorporation, Inc. (Nasdaq: AUBN) reported net earnings of $1.4 million, or $0.39 per share, for the first quarter of 2024, compared to a net loss of $(4.0) million, or $(1.14) per share, for the fourth quarter of 2023 and net earnings of $2.0 million, or $0.56 per share, for the first quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/750574/000119312524110127/0001193125-24-110127-index.htm
- Earnings Releases
  AUBURN NATIONAL BANCORPORATION, INC reported financial results for first quarter of 2024.
  - Period: first quarter of 2024
  - Result: reported results
  source text: Net interest income (tax-equivalent) was $6.7 million for the first quarter of 2024, an increase of 8% compared to the fourth quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/750574/000119312524110127/0001193125-24-110127-index.htm

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