Auburn Bancorp, Inc. Reports Earnings Results for the Fourth Quarter Ended June 30, 2020
December 16, 2020 at 11:08 am EST
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Auburn Bancorp, Inc. announced earnings results for the fourth quarter ended June 30, 2020. For the year, the company announced net interest income was USD 2.666 million compared to USD 2.640 million a year ago. Net income was USD 289,913 compared to USD 245,543 a year ago. Basic earnings per share from continuing operations was USD 0.58 compared to USD 0.49 a year ago. For the quarter, net interest income was USD 697,099 compared to USD 644,081 a year ago. Net income was USD 132,643 compared to USD 85,916 a year ago. Basic earnings per share from continuing operations was USD 0.26 compared to USD 0.17 a year ago.
Auburn Bancorp, Inc. is the holding company for Auburn Savings Bank, FSB (the Bank). The Company, through its subsidiary, grants residential, consumer and commercial loans to customers primarily throughout the Lewiston/Auburn, Maine area. The Bank provides a range of services including personal checking accounts, saving, and personal credit card. It offers various savings account, which includes money market, regular savings, minor savings, and first time or second chance homebuyers saving account. It provides loans, which includes personal loans, commercial loan of credit, real estate loans, home equity, and mortgage loans. It offers mortgage products, including fixed rate, adjustable-rate mortgage, construction loan and refinancing. It provides online banking services, mobile banking services, wire transfer, remote deposit capture, positive pay and merchant services. It also provides financial tools and calculators.
AUBURN BANCORP, INC. 
