AUBURN NATIONAL BANCORPORATION, INC false 0000750574 0000750574 2023-09-15 2023-09-15

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report: September 15, 2023

 

 

AUBURN NATIONAL BANCORPORATION, INC.

(Exact Name of Registrant as Specified in Charter)

 

 

 

Delaware   0-26486   63-0885779

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

100 North Gay Street, P.O. Drawer 3110, Auburn, Alabama 36831-3110

(Addresses of Principal Executive Offices, including Zip Code)

(334) 821-9200

(Registrant’s Telephone Number, including Area Code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange

on which registered

Common Stock, par value $0.01   AUBN   Nasdaq Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 


Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 12, 2023, Edward Lee Spencer, III provided notice that he was retiring effective September 30, 2023 as a director of Auburn National Bancorporation, Inc. (the “Company”) and the Company’s wholly owned subsidiary, AuburnBank (the “Bank”), and as a member of the Property Committee. Mr. Spencer has served as a director of the Company and the Bank since 1991.

Mr. Spencer’s retirement is not a result of any disagreement between himself and the Company or the Bank.

 

Item 9.01.

Financial Statements and Exhibits.

 

  (d)

Exhibits. The following exhibit is furnished herewith:

 

Exhibit
No.

  

Exhibit Description

99.1    Letter to the Board of Directors from Edward Lee Spencer, III dated September 12, 2023
104    Cover Page Interactive Data File (embedded within the Inline XBRL document)


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

AUBURN NATIONAL BANCORPORATION, INC.
(Registrant)

/s/ David A. Hedges

David A. Hedges
President and CEO

Date: September 15, 2023

Exhibit 99.1

September 12, 2023

The Board of Directors

Auburn National Bancorporation, Inc.

AuburnBank

100 North Gay Street, P. O. Drawer 3110

Auburn, AL 36831-3110

Ladies and Gentlemen:

I joined the AuburnBank (“Bank”) and Auburn National Bancorporation, Inc. (“Company”) boards of directors (the “Board”) 32 years ago. It has been a pleasure to work with this organization and its directors and employees, and to help the Bank and our communities grow and prosper during the over three decades I have served as a director.

I have decided to retire as a director of the Company and the Bank effective September 30, 2023. I am looking forward to spending more time with my family.

I have no disagreements with the Company or the Bank or their operations, policies or practices.

I wish you, the Company and the Bank continued success in your service to our customers and communities.

 

Sincerely,

Edward Lee Spencer, III

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Document and Entity Information
Sep. 15, 2023
Cover [Abstract]  
Entity Registrant Name AUBURN NATIONAL BANCORPORATION, INC
Amendment Flag false
Entity Central Index Key 0000750574
Document Type 8-K
Document Period End Date Sep. 15, 2023
Entity Incorporation State Country Code DE
Entity File Number 0-26486
Entity Tax Identification Number 63-0885779
Entity Address, Address Line One 100 North Gay Street
Entity Address, Address Line Two P.O. Drawer 3110
Entity Address, City or Town Auburn
Entity Address, State or Province AL
Entity Address, Postal Zip Code 36831-3110
City Area Code (334)
Local Phone Number 821-9200
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Security 12b Title Common Stock, par value $0.01
Trading Symbol AUBN
Security Exchange Name NASDAQ
Entity Emerging Growth Company false

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