ABBB Auburn Bancorp, Inc. featured news, full reports, and detailed charts
Auburn Bancorp, Inc. (ABBB/ABBB.OB) Wrap Up:
Auburn Bancorp, Inc. operates as the holding company for Auburn Savings Bank, FSB that provides various community banking services to individuals and small businesses in Androscoggin County, Maine. It engages in generating deposits and originating loans. The companys deposit portfolio comprises checking accounts, negotiable order of withdrawal accounts, savings accounts, and certificate of deposits. Its loan portfolio includes one- to four-family residential mortgage loans, home equity loans, lines of credit, commercial and multi-family real estate loans, commercial business loans, construction loans, and consumer loans. In addition, the company invests in securities. It provides its services through its main office in Auburn, Maine and a full-service branch office in Lewiston, Maine. The company was founded in 1887 and is headquartered in Auburn, Maine. Auburn Bancorp, Inc. operates as a subsidiary of Auburn Bancorp, MHC.Auburn Bancorp, Inc. (ABBB:OTC Bulletin Board Market)
Snapshot of Auburn Bancorp, Inc. (ABBB)
|
OPEN
--
|
PREVIOUS CLOSE
$8.50
|
|
|
DAY HIGH
--
|
DAY LOW
--
|
|
|
52 WEEK HIGH
11/28/08 - $10.25
|
52 WEEK LOW
02/20/09 - $6.00
|
|
|
MARKET CAP
4.3M
|
AVERAGE VOLUME 3 mo
0.0
|
|
|
DILUTED EPS TTM
--
|
SHARES OUTSTANDING
503.0K
|
|
|
ABBB Does Not Pay Dividends
|
P/E TTM
NM
|
|
| K = Thousands M = Millions B = Billions | ||
ABBB Top Compensated Officers
Executives, Board Directors
Key developments for Auburn Bancorp, Inc. (ABBB)
Auburn Bancorp Inc., Annual General Meeting, Nov 17, 2009, at 14:00 US Eastern Time. Location: Hilton Garden Inn, 14 Great Falls Plaza, Auburn, Maine,United States. Agenda: To consider the election of three directors to the Board of Directors; to consider the approval of the Auburn Bancorp Inc. 2009 Equity Incentive Plan; to consider the ratification of the appointment of Berry, Dunn, McNeil & Parker as the independent registered public accounting firm for the company for the fiscal year ending June 30, 2010; and to transact such other matters as may properly come before the annual meeting, or any adjournments thereof.
Auburn Bancorp Inc. announced that on June 5, 2009, Thomas J. Dean was appointed to the Board of Directors to a term that expires at the company's 2009 Annual Meeting of Stockholders. Mr. Dean was also appointed to the Board of Directors of the company's wholly owned federal savings bank subsidiary, Auburn Savings Bank, FSB. Since September 2005, Mr. Dean has served as the Chief Financial Officer of Futureguard Building Products Inc. Mr. Dean has an extensive financial accounting background having served as the chief financial officer for several companies throughout his career as well as earlier in his career working as a senior auditor for Brown Brothers Harriman & Co. and for State Street Corporation and serving as a senior accountant at Price Waterhouse LLP.
On April 3, 2009, Mr. August Berta informed Auburn Bancorp Inc. and Auburn Savings Bank, FSB, that he was resigning from the board of directors of the company and of the bank, effective from April 3, 2009. Mr. Berta did not resign as a result of any disagreement with the company on any matter relating to the company's operations, policies or practices. The company's and the bank's board of directors expects to fill the vacancy created by Mr. Berta's resignation in the near future.
ABBB Competitors
| Company | Last | Change |
| Bank of America Corp | $16.09 USD | +0.01 |
| KeyCorp | $5.73 USD | -0.09 |
| Northeast Bancorp | $9.71 USD | +0.16 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | ABBB | Industry Range |
| Price/Earnings | 75.9x |
|
| Price/Sales | 2.1x |
|
| Price/Book | 0.7x |
|
| Price/Cash Flow | 89.4x |
|
| TEV/Sales | NM | Not Meaningful |
|
ABBB |
||
More Recent News About Auburn Bancorp, Inc.
More news for ABBB
AUBURN BANCORP, INC. Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Overview Our principal business is to acquire deposits from individuals and businesses in the communities surrounding our offices and to use these deposits to fund loans. We focus on providing our products and services to two segments of customers: individuals and businesses. Income. Our primary source of income is net interest income. Net interest income is the difference between interest income, which is the income that we earn on our loans and investments, and interest expense, which is the interest that we pay on our deposits and borrowings. Changes in levels of interest rates affect our net interest income. A secondary source of income is non-interest income, which includes revenue that we receive from providing products and services. The majority of our non-interest income generally comes from loan servicing fees and service charges on deposit accounts, as well as gains on sales of loans. Allowance for Loan Losses. The allowance for loan losses is a valuation allowance for probable losses inherent in the loan portfolio. We evaluate the need to establish allowances against losses on loans on a regular basis. When additional allowances are necessary, a provision for loan losses is charged to earnings. Expenses. The non-interest expenses we incur in operating our business consist of expenses for salaries and employee benefits, occupancy and equipment, data processing, marketing and advertising, professional services and various other miscellaneous expenses. Our largest non-interest expense is salaries and employee benefits, which consist primarily of salaries and wages paid to our employees, payroll taxes, and expenses for health insurance, retirement plans and other employee benefits. We will recognize additional annual employee compensation expenses stemming from the adoption of new equity benefit plans. We cannot determine the actual amount of these n...Click here to read the whole Article (external link)
AUBURN BANCORP, INC. Financials
PERIOD ENDING30-Jun-0931-Mar-0931-Dec-0830-Sep-08Total Revenue978 1,049 1,044 1,054 Cost of Revenue273 298 354 350 Gross Profit704 752 690 704 Operating ExpensesResearch Development - - - - Selling General and Administrative466 462 474 371 Non Recurring(76)15 - 60 Others81 34 54 44 Total Operating Expenses - - - - Operating Income or Loss233 240 162 229 Income from Continuing OperationsTotal Other Income/Expenses Net - - - - Earnings Before Interest And Taxes233 240 162 229 Interest Expense189 187 185 191 Income Before Tax44 53 (23)38 Income Tax Expense16 21 (5)31 Minority Interest - - - - Net Income From Continuing Ops27 31 (18)7 Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - - - - Other Items...Click here to read the whole Article (external link)
AUBURN BANCORP, INC. Files SEC form 10-K, Annual Report
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations. Overview Our principal business is to acquire deposits from individuals and businesses in the communities surrounding our offices and to use these deposits to fund loans. We focus on providing our products and services to two segments of customers: individuals and businesses. Income. Our primary source of income is net interest income. Net interest income is the difference between interest income, which is the income that we earn on our loans and investments, and interest expense, which is the interest that we pay on our deposits and borrowings. Changes in levels of interest rates affect our net interest income. Short-term interest rates (which influence the rates we pay on deposits) have until recently increased, while longer-term interest rates (which influence the rates we earn on loans) have not. The narrowing of the spread between the interest we earn on loans and investments and the interest we pay on deposits would negatively affect our net interest income. A secondary source of income is non-interest income, which includes revenue that we receive from providing products and services. The majority of our non-interest income generally comes from loan service charges and service charges on deposit accounts. Allowance for Loan Losses. The allowance for loan losses is a valuation allowance for probable losses inherent in the loan portfolio. We evaluate the need to establish allowances against losses on loans on a regular basis. When additional allowances are necessary, a provision for loan losses is charged to earnings. Expenses. The non-interest expenses we incur in operating our business consist of expenses for salaries and employee benefits, occupancy and equipment, data processing, marketing and advertising, professional services and various other miscellaneous expenses. Our largest non-interest expense is salaries and employee benefits, which consist...Click here to read the whole Article (external link)
AUBURN BANCORP, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
Show all filings for AUBURN BANCORP, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for AUBURN BANCORP, INC. 9-Jun-2009Change in Directors or Principal Officers, Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provi...Click here to read the whole Article (external link)
AUBURN BANCORP, INC. Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Overview Our principal business is to acquire deposits from individuals and businesses in the communities surrounding our offices and to use these deposits to fund loans. We focus on providing our products and services to two segments of customers: individuals and businesses. Income. Our primary source of income is net interest income. Net interest income is the difference between interest income, which is the income that we earn on our loans and investments, and interest expense, which is the interest that we pay on our deposits and borrowings. Changes in levels of interest rates affect our net interest income. A secondary source of income is non-interest income, which includes revenue that we receive from providing products and services. The majority of our non-interest income generally comes from loan servicing fees and service charges on deposit accounts, as well as gains on sales of loans. Allowance for Loan Losses. The allowance for loan losses is a valuation allowance for probable losses inherent in the loan portfolio. We evaluate the need to establish allowances against losses on loans on a regular basis. When additional allowances are necessary, a provision for loan losses is charged to earnings. Expenses. The non-interest expenses we incur in operating our business consist of expenses for salaries and employee benefits, occupancy and equipment, data processing, marketing and advertising, professional services and various other miscellaneous expenses. Our largest non-interest expense is salaries and employee benefits, which consist primarily of salaries and wages paid to our employees, payroll taxes, and expenses for health insurance, retirement plans and other employee benefits. We will recognize additional annual employee compensation expenses stemming from the adoption of new equity benefit plans. We cannot determine the actual amount of these new...Click here to read the whole Article (external link)
AUBURN BANCORP, INC. Files SEC form 8-K, Change in Directors or Principal Officers
Show all filings for AUBURN BANCORP, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for AUBURN BANCORP, INC. 3-Apr-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes o...Click here to read the whole Article (external link)
AUBURN BANCORP, INC. Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Overview Our principal business is to acquire deposits from individuals and businesses in the communities surrounding our offices and to use these deposits to fund loans. We focus on providing our products and services to two segments of customers: individuals and businesses. Income. Our primary source of income is net interest income. Net interest income is the difference between interest income, which is the income that we earn on our loans and investments, and interest expense, which is the interest that we pay on our deposits and borrowings. Changes in levels of interest rates affect our net interest income. Short-term interest rates (which influence the rates we pay on deposits) have until recently increased, while longer-term interest rates (which influence the rates we earn on loans) have not. The narrowing of the spread between the interest we earn on loans and investments and the interest we pay on deposits would negatively affect our net interest income. A secondary source of income is non-interest income, which includes revenue that we receive from providing products and services. The majority of our non-interest income generally comes from loan servicing fees and service charges on deposit accounts, as well as gains on sales of loans. Allowance for Loan Losses. The allowance for loan losses is a valuation allowance for probable losses inherent in the loan portfolio. We evaluate the need to establish allowances against losses on loans on a regular basis. When additional allowances are necessary, a provision for loan losses is charged to earnings. Expenses. The non-interest expenses we incur in operating our business consist of expenses for salaries and employee benefits, occupancy and equipment, data processing, marketing and advertising, professional services and various other miscellaneous expenses. Our largest non-interest expense...Click here to read the whole Article (external link)
AUBURN BANCORP, INC. Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Overview Our principal business is to acquire deposits from individuals and businesses in the communities surrounding our offices and to use these deposits to fund loans. We focus on providing our products and services to two segments of customers: individuals and businesses. Income. Our primary source of income is net interest income. Net interest income is the difference between interest income, which is the income that we earn on our loans and investments, and interest expense, which is the interest that we pay on our deposits and borrowings. Changes in levels of interest rates affect our net interest income. Short-term interest rates (which influence the rates we pay on deposits) have until recently increased, while longer-term interest rates (which influence the rates we earn on loans) have not. The narrowing of the spread between the interest we earn on loans and investments and the interest we pay on deposits would negatively affect our net interest income. A secondary source of income is non-interest income, which includes revenue that we receive from providing products and services. The majority of our non-interest income generally comes from loan servicing fees and service charges on deposit accounts, as well as gains on sales of loans. Allowance for Loan Losses. The allowance for loan losses is a valuation allowance for probable losses inherent in the loan portfolio. We evaluate the need to establish allowances against losses on loans on a regular basis. When additional allowances are necessary, a provision for loan losses is charged to earnings. Expenses. The non-interest expenses we incur in operating our business consist of expenses for salaries and employee benefits, occupancy and equipment, data processing, marketing and advertising, professional services and various other miscellaneous expenses. Our largest non-interest expens...Click here to read the whole Article (external link)
