Auburn National reports $0.66 GAAP EPS for Q2, up 27% year-over-year, driven by an 8% increase in net interest income.
Auburn National Bancorporation posted a 27% year-over-year increase in Q2 GAAP earnings per share to $0.66, supported by an 8% rise in net interest income. Revenue reached $8.76M, while net interest margin expanded 15 basis points to 3.33% on a tax-equivalent basis.
The bank recorded a negative provision for credit losses of $248 thousand, compared to a $113 thousand charge in the same period last year. Return on assets improved to 0.90% from 0.74% in Q2 2025, and nonperforming assets fell to 0.01% of total assets.