Auburn National Bancorporation, Inc AUBN Income Statement

Auburn national bancorporation, inc (AUBN)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Interest income:
Loans, including fees
22,930	21,766	20,781	20,453	20,484	19,551	20,604	21,943	21,306	21,809	21,864
Securities - Taxable
4,000	4,051	4,229	3,282	3,851	4,627	3,912	3,883	-	-	-
Securities - Tax-exempt
2,099	2,308	2,340	2,478	2,604	2,502	2,794	3,187	-	-	-
Securities
-	-	-	-	-	-	-	-	9,343	11,633	14,946
Federal funds sold and interest bearing bank deposits
1,218	1,121	770	603	214	137	148	54	57	30	24
Total interest income
30,247	29,246	28,120	26,816	27,153	26,817	27,458	29,067	30,706	33,472	36,834
Interest expense:
Deposits
4,176	3,612	3,451	3,841	4,135	4,927	5,392	6,324	8,068	10,038	13,139
Short-term borrowings
7	18	18	15	18	19	14	16	12	23	55
Long-term debt interest expense
0	46	125	228	282	418	1,130	1,830	3,401	4,512	4,825
Total interest expense
4,183	3,676	3,594	4,084	4,435	5,364	6,536	8,170	11,481	14,573	18,019
Net interest income
26,064	25,570	24,526	22,732	22,718	21,453	20,922	20,897	19,225	18,899	18,815
Provision for loan losses
-250	0	-300	-485	200	50	400	3,815	2,450	3,580	5,250
Net interest income after provision for loan losses
26,314	25,570	24,826	23,217	22,518	21,403	20,522	17,082	16,775	15,319	13,565
Noninterest income:
Service charge on deposit accounts
717	749	-	-	-	-	-	-	-	-	-
Service charges on deposit accounts
-	-	746	773	823	872	930	1,111	1,167	1,280	1,243
Mortgage lending
866	655	777	947	1,444	1,636	2,895	3,445	1,922	2,494	3,349
Bank-owned life insurance income
437	435	442	456	747	501	427	445	460	452	424
Gain on sale of affordable housing investments
-	-	-	-	-	-	0	3,268	0	0	-
Affordable housing investment losses
-	-	-	-	-	-	-	-	-646	-323	-228
Gain on sale of premises and equipment
-	-	-	-	-	-	1,018	0	0	-	-
Gain From Loan Guarantee Program
1,717	0	-	-	-	-	-	-	-	-	-
Other noninterest income
1,880	1,486	1,425	1,428	1,502	1,454	1,377	1,535	1,396	1,392	1,348
Securities gains, net
-123	0	-	-	-	-	-	-	-	-	-
Securities gains, net
-	-	51	-221	16	-197	651	809	1,216	3,451	2,847
Total other-than-temporary impairments
-	-	-	-	-	333	0	130	468	2,238	6,807
Non-credit portion of other-than-temporary impairments recognized in other comprehensive income
-	-	-	-	-	-	0	0	130	210	257
Total securities gains, net
-	-	-	-	-	-530	651	679	878	1,423	-3,703
Total noninterest income
5,494	3,325	3,441	3,383	4,532	3,933	7,298	10,483	5,177	6,718	2,433
Noninterest expense:
Salaries and benefits
11,931	10,653	10,011	9,826	9,293	8,943	8,788	8,691	8,167	7,402	7,120
Net occupancy and equipment
1,907	1,465	1,471	1,474	1,547	1,431	1,335	1,332	1,404	1,450	1,500
Professional fees
1,014	902	966	825	756	920	774	704	735	702	799
Fdic and other regulatory assessments
181	310	346	406	472	465	512	686	792	1,092	1,322
Other real estate foreclosed expenses including gain and loss
-	-	-5	371	-	-	-	-	-	-	-
Other real estate owned, net
-	-	-	-	11	-450	570	323	2,007	1,378	43
Gain loss
-	-	0	790	-362	-	-	-	-	-	0
Prepayment penalties on long-term debt
-	-	-	-	-	0	3,028	3,720	0	679	-
Other noninterest expense
4,664	4,544	3,985	3,978	3,931	3,795	3,405	3,927	3,252	3,190	3,150
Total noninterest expense
19,697	17,874	16,784	15,348	16,372	15,104	18,412	19,383	16,357	15,893	13,934
Earnings before income taxes
12,111	11,021	11,483	11,252	10,678	10,232	9,408	8,182	5,595	6,144	-
Earnings before income taxes
-	-	-	-	-	-	-	-	-	-	2,064
Income tax expense (benefit)
2,370	2,187	3,637	3,102	2,820	2,784	2,290	1,419	57	798	-340
Net earnings
9,741	8,834	7,846	8,150	7,858	7,448	7,118	6,763	5,538	5,346	2,404
Net earnings per share:
Basic and diluted earnings per share
2.72	2.42	2.15	2.24	2.16	2.04	1.95	1.86	1.52	1.47	0.66
Weighted average shares outstanding:
Basic and diluted weighted average shares outstanding
3,581	3,643	3,643	3,643	3,643	3,643	3,643	3,642	3,642	3,642	-
Basic and diluted
-	-	-	-	-	-	-	-	-	-	3,644