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Ames National Corp
Nasdaq: ATLO · National Commercial Banks · Ames, IA
- Revenue
- $87.09M
- +5.4% vs. prior year
- Net income
- $19.03M
- 21.8% net margin
- Total assets
- $2.13B
- Diluted EPS
- $2.14
Company details
As reported to the SEC
- SEC CIK
- 1132651
- Stock
- Nasdaq: ATLO
- Industry (SIC)
- National Commercial Banks (6021)
- Headquarters
- PO Box 846, Ames, IA 50010
- Fiscal year end (SEC record)
- December 31
- Filer status
- Non-accelerated filer, Smaller reporting company
- Phone
- (515) 232-6251
- Employer ID (EIN)
- 42-1039071
- Last annual report
- 03/12/2026
- Last quarterly report
- 08/07/2026
Annual financials
U.S. dollars, as tagged in each annual report's XBRL data. Later restatements replace earlier numbers. Select a date to open the filing.
| Fiscal year ended | 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 |
|---|---|---|---|---|---|
| Revenue | $87.09M | $82.61M | $74.3M | $61.55M | $60.48M |
| Net income | $19.03M | $10.22M | $10.82M | $19.29M | $23.91M |
| Diluted earnings per share | $2.14 | $1.14 | $1.20 | $2.14 | $2.62 |
| Total assets | $2.13B | $2.13B | $2.16B | $2.13B | $2.14B |
| Total liabilities | $1.93B | $1.96B | $1.99B | $1.99B | $1.93B |
| Shareholders' equity | $207.9M | $174.7M | $165.8M | $149.1M | $207.8M |
| Cash and cash equivalents | $126.8M | $101.2M | $55.1M | $27.88M | $89.13M |
| Long-term debt | $18.35M | $19.95M | $3.49M | Not reported | Not reported |
| Cash from operations | $21.34M | $14.3M | $19.21M | $21.23M | $30.47M |
| Capital expenditures | $642K | $298K | $4.89M | $2.86M | $1.87M |
Federal and state records filed under the name Ames National Corp
Matched by the company name and by the subsidiary names it lists in SEC filings and other public records, after removing endings like Inc., Corp. and Holdings. Records marked Subsidiary were filed under a subsidiary name. A subsidiary that is not listed in those records is not included, and an unrelated business with the same name can appear.
Banks owned
FDIC-insured banks that list this company as their holding company
| Bank | Total assets |
|---|---|
| First National Bank, Ames, IowaAmes, IA | $1.11B |
| Reliance State BankStory City, IA | $276.8M |
| Iowa State Savings BankCreston, IA | $276.5M |
| State Bank & Trust Co.Nevada, IA | $197.6M |
| Boone Bank & Trust Co.Boone, IA | $156.9M |
| United Bank & Trust Co.Marshalltown, IA | $120.1M |
Subsidiaries
5 companies that Ames National Corp owns or controls, as listed in its SEC annual report (Exhibit 21), GLEIF ownership records or USAspending
| Subsidiary | Listed in |
|---|---|
| Boone Bank and Trust Co., Boone, Iowa, an Iowa State Bank | SEC 10-K |
| First National Bank, Ames, Iowa, a National Bank | SEC 10-K |
| Iowa State Savings Bank, Creston, Iowa, an Iowa State Bank | SEC 10-K |
| Reliance State Bank, Story City, Iowa, an Iowa State Bank | SEC 10-K |
| United Bank & Trust Co., Marshalltown, Iowa, an Iowa State Bank | SEC 10-K |
Recent filings
148 recent filings on record; insider ownership forms (3, 4, 5 and 144) are not listed here
Swipe the table sideways to see more columns.
32 insider ownership reports (Forms 3, 4, 5 and 144) were filed about Ames National Corp in the last 12 months. They list trades by officers, directors and large holders; see them on SEC EDGAR.
Other national commercial banks
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| Company | Headquarters | Revenue | Net income |
|---|---|---|---|
| JPMorgan Chase & CoJPM | New York, NY | $182.4B | $57.05B |
| Bank of America CorpBAC | Charlotte, NC | $113.1B | $30.51B |
| Citigroup IncC | New York, NY | $85.22B | $14.31B |
| Wells Fargo & CompanyWFC | San Francisco, CA | $83.7B | $21.34B |
| Capital One Financial CorpCOF | McLean, VA | $53.43B | $2.45B |
| US Bancorp \de\USB | Minneapolis, MN | $28.66B | $7.57B |
| Truist Financial CorpTFC | Charlotte, NC | $24.54B | $5.31B |
| PNC Financial Services Group, Inc.PNC | Pittsburgh, PA | $23.1B | $7B |
Profile refreshed Oct 26, 2026; financials refreshed Oct 22, 2026.
Frequently asked questions
- What is Ames National Corp's CIK number?
- Ames National Corp's SEC Central Index Key (CIK) is 1132651.
- What is Ames National Corp's stock ticker?
- Ames National Corp trades as Nasdaq: ATLO.
- What was Ames National Corp's revenue?
- Ames National Corp reported revenue of $87.09M for the fiscal year ended Dec 31, 2025, +5.4% from the year before.
- When does Ames National Corp's fiscal year end?
- Ames National Corp's fiscal year end on file with the SEC is December 31; its most recent fiscal year ended Dec 31, 2025.
- Where is Ames National Corp headquartered?
- Ames National Corp's principal executive office on file with the SEC is in Ames, IA.
- What companies does Ames National Corp own?
- Ames National Corp lists 5 subsidiaries in its SEC filings and other public records, including Boone Bank and Trust Co., Boone, Iowa, an Iowa State Bank, First National Bank, Ames, Iowa, a National Bank, Iowa State Savings Bank, Creston, Iowa, an Iowa State Bank.
Source: U.S. Securities and Exchange Commission, EDGAR submissions and XBRL company facts · Last updated 10/26/2026