Auburn National Bancorporation (AUBN) Reports Q2 EPS of $0.51

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Auburn National Bancorporation, Inc. Reports Second Quarter Net Earnings

July 24, 2014 4:15 PM EDT

Second Quarter 2014 Highlights:

Continued profitability annualized return on average assets of 0.96% Deposit growth average deposits increased 5% compared to Q2 2013 Reduced NPAs nonperforming assets were 0.57% of total assets at June 30, 2014 Strong capital position Tier 1 common equity to total assets of 9.18%

AUBURN, Ala., July 24, 2014 (GLOBE NEWSWIRE) -- Auburn National Bancorporation, Inc. (Nasdaq: AUBN) reported net earnings of $1.9 million, or $0.51 per share, for the second quarter of 2014, compared to $1.9 million, or $0.52 per share, for the second quarter of 2013. Net earnings for the first six months of 2014 were $3.7 million, or $1.01 per share,... More