Auburn National Bancorporation Inc 2026年季度报告

FORM 10-Q (Mark One)☒Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.For the quarterly period ended June 30, 2026☐Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.For the transition period __________ to __________Commission File Number: 0-26486 Auburn National Bancorporation, Inc.(Exact Name of Registrant as Specified in Its Charter) 63-0885779(I.R.S. EmployerIdentification No.) Delaware (State or other jurisdiction ofincorporation or organization) 100 N. Gay StreetAuburn, Alabama 36830(334) 821-9200 (Address and telephone number of principal executive offices) (Former Name, Former Address and Former Fiscal Year, if Changed Since Last Report) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted andposted pursuant to Rule 405 of Regulation S-T(§232.405 of this chapter)during the preceding 12 months (or for such shorter periodthat the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large Accelerated filer☐Accelerated filer☐Non-accelerated filer☒Smaller reporting company☒Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes☐No☒ Securities registered pursuant to Section 12(b) of the Act: Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date. AUBURN NATIONAL BANCORPORATION, INC. AND SUBSIDIARIES INDEX PART I.FINANCIAL INFORMATION Item 1Financial Statements Consolidated Balance Sheets (Unaudited) as of June 30, 2026 andDecember 31, 20253Consolidated Statementsof Earnings(Unaudited) forthe quarter and six months endedJune 30, 2026and 20254Consolidated Statementsof Comprehensive Income(Unaudited) forthe quarter and six months endedJune 30, 2026 and 20255Consolidated Statements of Stockholders’Equity(Unaudited) for thequarter and six months endedJune 30, 2026 and 20256Consolidated Statements of Cash Flows (Unaudited) for the six monthsended June 30, 2026 and 20257Notes to Consolidated Financial Statements (Unaudited)8Item 2Management’s Discussion and Analysisof Financial Condition and Results of Operations28Table 1 – Explanation of Non-GAAP Financial Measures44Table 2 – SelectedQuarterly Financial Data45Table 3 – Selected Financial Data46Table 4 –Average Balances and Net Interest IncomeAnalysis – forthe quarter ended June30, 2026and 202547Table 5 – AverageBalances and Net Interest Income Analysis – for the six monthsended June 30, 2026and 202548Table 6 – Volume and Rate VarianceAnalysis for the quarter and six months ended June 30, 202649Table 7 – Loan Maturities50Table 8 – LoanSensitivities to Changes in Interest Rates on Loans Maturing in More Than One Year51Item 3Quantitative and Qualitative Disclosures About Market Risk52Controls and Procedures52 Item 4 PART II. OTHER INFORMATION Item 1Legal Proceedings52Item 1ARisk Factors53Item 2Unregistered Sales of Equity Securities and Use of Proceeds54Item 3Defaults Upon Senior Securities54Item 4Mine Safety Disclosures54Item 5Other Information54Item 6Exhibits55 Table of Contents PART I. FINANCIAL INFORMATIONITEM 1. FINANCIAL STATEMENTS AUBURN NATIONAL BANCORPORATION, INC. AND SUBSIDIARIESConsolidated Statements of Comprehensive Income(Unaudited) AUBURN NATIONAL BANCORPORATION, INC. AND SUBSIDIARIESConsolidated Statements of Stockholders' Equity(Unaudited) AUBURN NATIONAL BANCORPORATION, INC. AND SUBSIDIARIESConsolidated Statements of Cash Flows(Unaudited) AUBURN NATIONAL BANCORPORATION, INC. AND SUBSIDIARIESNotes to Consolidated Financial Statements(Unaudited) NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES General Auburn National Bancorporation, Inc. (the “Company”) is a bank holding company whose primary business is conductedby its wholly-owned subsidiary, AuburnBank (the “Bank”). AuburnBank is a commercial bank located inAuburn, Alabama. The Bank provides a full range of banking services in its primary