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Jeff Evans joins Auburn National Bancorporation (AUBN) board as 12th director

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Auburn National Bancorporation, Inc. reported that its Boards of Directors for both the Company and AuburnBank have been expanded to 12 members and that Jeffrey J. (Jeff) Evans was elected as a new director on March 26, 2026. He has also been nominated for reelection at the Company’s Annual Meeting of Shareholders scheduled for May 12, 2026.

Mr. Evans brings over 30 years of experience in commercial real estate, construction and property management in the Company’s markets. Although he is not currently considered “independent” under Nasdaq corporate governance rules, the Company and Bank boards continue to have more than a majority of independent directors. A press release announcing his appointment was issued the same day.

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AUBURN NATIONAL BANCORPORATION, INC false 0000750574 0000750574 2026-03-26 2026-03-26
 
 

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: March 26, 2026

 

 

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.

(d) Election of New Directors

The Board of Directors (the “Board”) of Auburn National Bancorporation, Inc. (the “Company”) and AuburnBank (the “Bank”), upon the recommendation of the Nominating and Corporate Governance Committee, expanded the whole board of directors to 12 persons and elected Jeffrey J. Evans on March 26, 2026 to fill the newly created vacancy as a director for the Company and the Bank. Mr. Evans was also nominated for reelection as a director at the Company’s 2026 Annual Meeting of Shareholders to be held May 12, 2026. The Board of Directors has determined that Mr. Evans’ 30 years of experience in commercial real estate, construction and property management in the Company’s markets will provide the Board with valuable knowledge and insight, even though he is not currently “independent” under the Nasdaq corporate governance rules. The Company and the Bank’s boards continue to have more than majority of independent directors.

On March 26, 2026, the Company issued a press release announcing Mr. Evans’ appointment to the Boards of both the Company and the Bank, which is included as Exhibit 99.1.

 

Item 9.01.

Financial Statements, Pro Forma Financial Information and Exhibits.

(d) Exhibits. The following exhibit is furnished herewith:

 

Exhibit
No.

  

Exhibit Description

99.1    Press Release, dated March 26, 2026
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: March 26, 2026

Exhibit 99.1

 

LOGO   

For additional information, contact:  

  

David A. Hedges

  

President and CEO

  

(334) 821-9200

Press Release – March 26, 2026

Auburn National Bancorporation, Inc. Elects New Director

AUBURN, Alabama – Auburn National Bancorporation, Inc. (the “Company”) (Nasdaq: AUBN), the parent company of AuburnBank (the “Bank”), announced that their Boards of Directors had been expanded to 12 persons and that Jeff Evans was elected today as director of both the Company and the Bank. Mr. Evans was also nominated for reelection as a director at the Company’s Annual Meeting of Shareholders to be held May 12, 2026.

“We are pleased to have Mr. Evans join our team of directors,” said Robert W. Dumas, Chairman of the Company and the Bank. “His extensive experience in property management, construction and real estate in our markets will bring valuable knowledge and insight to the board,” stated Mr. Dumas.

Mr. Evans, 56, is the President and Chief Executive Officer of both Evans Realty, a property management company specializing in multi-family apartment communities, and J & L Contractors, a commercial construction company. Mr. Evans has served in these roles since 2021 and 1998, respectively, and has been with both companies since 1994, bringing over 30 years of experience in commercial real estate and construction.

Mr. Evans holds a bachelor’s degree in Building Science from Auburn University and resides in Auburn with his wife and two children.

About Auburn National Bancorporation, Inc.

Auburn National Bancorporation, Inc. (the “Company”) is the parent company of AuburnBank (the “Bank”), with total assets of approximately $1.0 billion. The Bank is an Alabama state-chartered bank that is a member of the Federal Reserve System, which 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 seven full-service branches in Auburn, Opelika, Valley, and Notasulga, Alabama. The Bank also operates a loan production office in Phenix City, Alabama. Additional information about the Company and the Bank may be found by visiting www.auburnbank.com.

FAQ

What did Auburn National Bancorporation (AUBN) announce in this 8-K filing?

Auburn National Bancorporation announced it expanded its Boards of Directors to 12 members and elected Jeffrey J. Evans as a new director. Evans will serve on both the Company and AuburnBank boards, strengthening governance with his real estate and construction background.

Who is Jeff Evans, the new director of Auburn National Bancorporation (AUBN)?

Jeff Evans is the President and CEO of Evans Realty and J & L Contractors, with over 30 years’ experience in commercial real estate, construction and property management. He holds a building science degree from Auburn University and lives in Auburn with his family.

Is Jeff Evans considered an independent director at Auburn National Bancorporation (AUBN)?

Jeff Evans is not currently considered an “independent” director under Nasdaq corporate governance rules. However, the Company and Bank boards still maintain more than a majority of independent directors, so overall board independence remains intact despite his non‑independent status.

When will shareholders vote on Jeff Evans’ reelection to the AUBN board?

Jeff Evans has been nominated for reelection as a director at Auburn National Bancorporation’s 2026 Annual Meeting of Shareholders, scheduled for May 12, 2026. Shareholders will have the opportunity to vote on his continued board service at that meeting.

How large are Auburn National Bancorporation (AUBN) and AuburnBank?

Auburn National Bancorporation’s subsidiary AuburnBank has total assets of approximately $1.0 billion. The Bank operates seven full-service branches in several Alabama communities and a loan production office, serving East Alabama, including Lee County and surrounding areas.

What businesses does AUBN’s new director Jeff Evans lead?

Jeff Evans leads Evans Realty, a property management company specializing in multi-family apartment communities, and J & L Contractors, a commercial construction company. He has served as President and CEO of these firms and has been with both companies since the mid‑1990s.

Filing Exhibits & Attachments

4 documents
Auburn National

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