| Business Summary | | Auburn
National
Bancorporation
Inc.
is
a
bank
holding
company
whose
business
is
conducted
primarily
through
AuburnBank
(the
Bank).
The
Bank
offers
checking,
savings,
transaction
deposit
accounts
and
certificates
of
deposit,
and
is
an
active
residential
mortgage
lender
in
its
primary
service
area.
The
Bank
also
offers
commercial,
financial,
agricultural,
real
estate
construction
and
consumer
loan
products.
AuburnBank
is
a
provider
of
automated
teller
services
in
East
Alabama
with
15
locations.
The
Bank's
Tiger
Teller
ATM
cards
can
be
used
internationally
through
the
Cirrus
network. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Auburn
National
Bancorporation
is
a
bank
holding
company
for
AuburnBank,
a
state
chartered
bank
serving
primarily
Lee
County,
AL.
For
the
six
months
ended
6/01,
total
interest
income
rose
4%
to
$15.3
million.
Net
interest
income
after
loan
loss
prov.
fell
2%
to
$5.3
million.
Net
income
before
acct'g
change
rose
54%
to
$2.8
million.
Net
interest
income
reflects
higher
securities
interest,
offset
by
higher
interest
paid.
Earnings
also
reflect
a
$1.5
million
gain
on
investment
sales. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| E. Spencer, Jr., 70 Chairman,
CEO | $229K | Emil Wright, Jr., 64 Vice
Chairman of the Company and the Bank; Director | -- | Robert Dumas, 47 CEO,
Pres, Chief Lending Officer & Director of the Bank | 163K | Tommy Johnson, 53 Sr.
VP | -- | O. Alsobrook, III, 49 Sr.
VP of the Bank and City Pres of the Opelika Branch | 99K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|