EX-99.1 2 d127454dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

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For additional information, contact:

E.L. Spencer, Jr.

President, CEO and

Chairman of the Board

(334) 821-9200

Press Release – February 10, 2016

AUBURN NATIONAL BANCORPORATION, INC.

DECLARES QUARTERLY DIVIDEND

AUBURN, Alabama – On February 9, 2016, the Board of Directors of Auburn National Bancorporation, Inc. (Nasdaq: AUBN) declared a first quarter $0.225 per share cash dividend, payable March 25, 2016 to shareholders of record as of March 10, 2016. This represents a 2.3% increase over dividends declared for the first quarter of 2015. On an annual basis, the cash dividend paid to shareholders has increased in 20 of the last 21 years.

About Auburn National Bancorporation, Inc.

Auburn National Bancorporation, Inc. (the “Company”) is the parent company of AuburnBank (the “Bank”), with total assets of approximately $817 million. The Bank is an Alabama state-chartered bank that is a member of the Federal Reserve System and has operated continuously since 1907. Both the Company and the Bank are headquartered in Auburn, Alabama. The Bank conducts its business in East Alabama, including Lee County and surrounding areas. The Bank operates full-service branches in Auburn, Opelika, Valley and Notasulga, Alabama. In-store branches are located in the Kroger and Walmart SuperCenter stores in Opelika. The Bank also operates a commercial loan production office in Phenix City, Alabama. Additional information about the Company and the Bank may be found by visiting www.auburnbank.com.