XML 56 R42.htm IDEA: XBRL DOCUMENT v3.24.0.1
Auburn National Bancorporation - Parent Company (Tables)
 12 Months Ended
Dec. 31, 2023
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Schedule of Condensed Balance Sheet [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
CONDENSED BALANCE SHEETS
December 31
(Dollars in thousands)
2023
2022
Assets:
Cash and due from banks
$
1,277
1,700
Investment in bank subsidiary
74,857
65,967
Other assets
523
522
Total assets
$
76,657
68,189
Liabilities:
Accrued expenses and other liabilities
$
150
148
Total liabilities
150
148
Stockholders' equity
76,507
68,041
Total liabilities and stockholders'
 
equity
$
76,657
68,189
Schedule of Condensed Income Statement [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
CONDENSED STATEMENTS
 
OF EARNINGS
Year ended December 31
(Dollars in thousands)
2023
2022
Income:
Dividends from bank subsidiary
$
3,776
3,719
Noninterest income
8
78
Total income
3,784
3,797
Expense:
Noninterest expense
239
326
Total expense
239
326
Earnings before income tax expense and equity
in undistributed earnings of bank subsidiary
3,545
3,471
Income tax benefit
(30)
(48)
Earnings before equity in undistributed earnings
of bank subsidiary
3,575
3,519
Equity in (distributed) undistributed earnings of bank subsidiary
(2,180)
6,827
Net earnings
$
1,395
10,346
Schedule of Condensed Cash Flow Statement [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
CONDENSED STATEMENTS
 
OF CASH FLOWS
Year ended December 31
(Dollars in thousands)
2023
2022
Cash flows from operating activities:
Net earnings
$
1,395
10,346
Adjustments to reconcile net earnings to net cash
provided by operating activities:
Net (increase) decrease in other assets
(1)
108
Net increase (decrease) in other liabilities
8
(408)
Equity in (distributed) undistributed earnings of bank subsidiary
2,180
(6,827)
Net cash provided by operating activities
3,582
3,219
Cash flows from financing activities:
Dividends paid
(3,776)
(3,720)
Stock repurchases
(229)
(504)
Net cash used in financing activities
(4,005)
(4,224)
Net change in cash and cash equivalents
(423)
(1,005)
Cash and cash equivalents at beginning of period
1,700
2,705
Cash and cash equivalents at end of period
$
1,277
1,700