Auburn Bancorp, Inc. Reports Earnings Results for the Half Year Ended December 31, 2023
February 06, 2024 at 11:12 am EST
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Auburn Bancorp, Inc. reported earnings results for the half year ended December 31, 2023. For the half year, the company reported net interest income was USD 1.22 million compared to USD 1.55 million a year ago. Net loss was USD 0.053623 million compared to net income of USD 0.049516 million a year ago.
Basic loss per share from continuing operations was USD 0.11 compared to basic earnings per share from continuing operations of USD 0.05 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.