Auburn National Bancorporation, Inc. reported unaudited earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported GAAP net interest income was $5,325,000 against $4,509,000 a year ago. Total revenue was $7,113,000 against $5,790,000 a year ago. Net earnings were $1,660,000 against $1,165,000 a year ago. EPS basic and diluted was $0.46 against $0.32 a year ago. GAAP return on average equity was 9.30% against 7.15% a year ago. GAAP return on average assets was 0.88% against 0.61% a year ago. Operating return on average equity was 9.55% against 9.03% a year ago. Operating return on average assets was 0.90% against 0.77% a year ago. Operating net interest income was $5,721,000 against $4,924,000 a year ago. Operating EPS basic and diluted was $0.47 against $0.40 a year ago. Operating net earnings was $1,705,000 against $1,471,000 a year ago. Total operating revenue (tax-equivalent) was $7,439,000 against $6,070,000 a year ago. Net interest income (tax-equivalent) increased 16% primarily reflected improvement in the company's net interest margin and cost of funds, as average total interest-earning assets were mostly unchanged.

For the full year, the company reported GAAP net interest income of $20,897,000 against $19,225,000 a year ago. Total revenue was $31,380,000 against $24,402,000 a year ago. Net earnings were $6,763,000 against $5,538,000 a year ago. EPS basic and diluted was $1.86 against $1.72 a year ago. Return on average equity was 9.85% against 9.10% a year ago. Return on average assets was 0.90% against 0.72% a year ago. Operating return on average equity was 9.94% against 10.27% a year ago. Operating return on average assets was 0.90% against 0.81% a year ago. Operating net interest income was $22,539,000 against $20,944,000 a year ago. Operating EPS basic and diluted was $1.87 against $1.72 a year ago. Operating net earnings was $6,823,000 against $6,249,000 a year ago. Total operating revenue (tax-equivalent) was $29,075,000 against $25,243,000 a year ago.

For the fourth quarter ended December 31, 2012, the company reported net charge-offs of $387,000 against $71,000 a year ago.