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

Issuer:     AUBURN NATIONAL BANCORPORATION, INC (AUBN)
CIK:        0000750574
Form:       8-K
Filed at:   2025-01-28T23:59:59+00:00
Accession:  0001193125-25-014165
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Auburn National Q4 net income $1.6M ($0.45); NIM improves to 3.09% vs 2.65% YoY
-------------------------------------------------------------------------------

- Q4 2024 net income $1.6M ($0.45/sh) vs net loss of $4.0M ($1.14) in Q4 2023, which included a $4.7M after-tax securities loss.
- Full year 2024 net income $6.4M ($1.83/sh) compared to $1.4M ($0.40) in 2023.
- Net interest margin (tax-equivalent) rose 44 bps to 3.09% from 2.65% a year ago; net interest income up 14% YoY.
- Nonperforming assets remained low at $0.5M or 0.05% of total assets at Dec 31, 2024.
- Book value per share $22.41; paid cash dividends of $0.27 per share in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/750574/000119312525014165/0001193125-25-014165-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/750574/000119312525014165/d892925d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-014165

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