Auburn National Bancorporation (AUBN) Q4 2025 earnings summary

Executive summary

• Net income for Q4 2025 was $1.7 million ($0.48 per share), down from $2.2 million in Q3 2025 but up from $1.6 million in Q4 2024; full year 2025 net earnings were $7.3 million ($2.08 per share), a 14% increase year-over-year.

• Total revenue for 2025 increased by $2.2 million (7%) year-over-year, with record net interest income of $29.7 million.

• Asset quality, capital, and liquidity remain strong, with improved outlook for loan growth in 2026 and ongoing digital banking initiatives.

Financial highlights

• Net interest margin (tax-equivalent) improved to 3.27% for 2025, up 21 basis points year-over-year; Q4 2025 margin was 3.32%.

• Noninterest income was $0.8 million in Q4 2025, stable compared to prior quarters.

• Noninterest expense rose 3.5% for the year; Q4 2025 expense was $5.6 million, down from Q3 2025 but up from Q4 2024.

• Provision for credit losses increased by $0.6 million for the year, with $783 thousand in Q4 2025 due to two loan relationships.

• Net charge-offs in Q4 2025 were $304 thousand (0.22% of average loans, annualized).

Outlook and guidance

• Improved outlook for loan growth in 2026, supported by strong asset quality and capital position.

• Continued progress on digital banking initiatives expected to enhance operational efficiency.