Auburn Nationa Bancorp | 10-Q: FY2025 Q2 EPS: USD 0.52

EPS: As of FY2025 Q2, the actual value is USD 0.52.

EBIT: As of FY2025 Q2, the actual value is USD 2.318 M.

Financial Metrics by Segment

Net Interest Income

• Net interest income (tax-equivalent) for the first six months of 2025 was $14.4 million, an 8% increase compared to $13.4 million for the first six months of 2024. This increase was primarily due to an increase in the Company’s net interest margin and an increase in average interest-earning assets.

Provision for Credit Losses

• The Company recorded a provision for credit losses during the first six months of 2025 of $103 thousand, compared to $211 thousand during the first six months of 2024.

Noninterest Income

• Noninterest income was $1.5 million in the first six months of 2025, compared to $1.8 million in the first six months of 2024. The decrease was primarily related to a decrease in mortgage lending income and other noninterest income.

Noninterest Expense

• Noninterest expense was $11.6 million in the first six months of 2025, compared to $11.2 million for the first six months of 2024. The increase was primarily related to increases in salaries and benefits expense.

Cash Flow

• Net cash provided by operating activities was $4.8 million for the six months ended June 30, 2025, compared to $6.1 million for the same period in 2024.
• Net cash provided by financing activities was $42.1 million for the six months ended June 30, 2025, compared to $46.8 million for the same period in 2024.

Future Outlook and Strategy

• The Company continues to deploy various asset liability management strategies to manage its risks from interest rate fluctuations. Deposit and loan pricing remain competitive in their markets, and the Company believes this challenging rate environment will continue throughout the remainder of 2025.
• The Company’s ability to compete and manage its deposit costs until its interest-earning assets reprice and it generates new loans with current market interest rates will be important to its net interest margin during the remainder of 2025.