Auburn National Bancorporation (AUBN) Tuesday reported net income of $1.56 million, or $0.45 per share, for the fourth quarter, compared with net loss of $3.99 million, or $1.14 per share in the same quarter a year ago.
In the previous-year quarter, the company incurred a loss of $4.7 million or $1.35 per share related to the sale of $117.6 million of securities.
Net iterst income inreased to $6.97 million from $6.06 million in the pevious year.
Revenue for the quarter jumped to $7.81 million from $630,000 last year, primarily impacted by loss of non interest income.
Noninterest income was $845,000 for the quarter, compared to a loss of $5.43 million a year ago.
The company recorded a negative provision for credit losses of $48,000 in the fourth quarter, compared to a provision for credit losses of $326,000 last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.