Auburn National GAAP EPS of $0.51, revenue of $7.22M

Jul. 26, 2022 8:36 AM ETAuburn National Bancorporation, Inc. (AUBN)By: Urvi Shah, SA News Editor
  • Auburn National press release (NASDAQ:AUBN): Q2 GAAP EPS of $0.51.
  • Revenue of $7.22M (+1.8% Y/Y).
  • Total revenue increased 2% from Q2 2021 or 13% linked-quarter annualized.
  • Net interest income (tax-equivalent) increased 6% from Q2 2021.
  • No provision for loan losses, compared to a negative provision for loan losses of $600 thousand from Q2 2021.
  • Total loans increased $12.5 million, or 12% linked-quarter annualized.
  • Nonperforming assets were 0.03% of total assets at June 30, 2022.

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