AUBURN, Ala., Feb. 13, 2018 (GLOBE NEWSWIRE) -- On February 13, 2018, the Board of Directors of Auburn National Bancorporation, Inc. (Nasdaq:AUBN) declared a first quarter $0.24 per share cash dividend, payable March 26, 2018 to shareholders of record as of March 9, 2018. This represents a 4.3% increase over dividends declared for the first quarter of 2017. On an annual basis, the cash dividend paid to shareholders has increased in 22 of the last 23 years.
About Auburn National Bancorporation
Auburn National Bancorporation, Inc. (the “Company”) is the parent company of AuburnBank (the “Bank”), with total assets of approximately $853 million. The Bank is an Alabama state-chartered bank that is a member of the Federal Reserve System and has operated continuously since 1907. Both the Company and the Bank are headquartered in Auburn, Alabama. The Bank conducts its business in East Alabama, including Lee County and surrounding areas. The Bank operates 8 full-service branches in Auburn, Opelika, Valley and Notasulga, Alabama. The Bank also operates a loan production office in Phenix City, Alabama. Additional information about the Company and the Bank may be found by visiting www.auburnbank.com.
For additional information, contact:
Robert W. Dumas
President and CEO
Source:Auburn National Bancorporation, Inc.