Auburn National Bancorp (AUBN) Reports Q1 EPS of $0.60

Go back to Auburn National Bancorp (AUBN) Reports Q1 EPS of $0.60

Auburn National Bancorporation, Inc. Reports First Quarter Net Earnings

April 25, 2016 4:50 PM EDT

First Quarter 2016 Highlights:

Record quarterly net earnings of $2.2 million, or $0.60 per share Earnings per share increased 17.6% compared to first quarter 2015 Resolution of nonperforming loan results in $1.2 million recovery to the allowance for loan losses and a negative provision for loan losses of $0.6 million Average loans increased $27.4 million or 7% compared to first quarter 2015

AUBURN, Ala., April 25, 2016 (GLOBE NEWSWIRE) --  Auburn National Bancorporation, Inc. (Nasdaq: AUBN) reported net earnings... More