AMES NATIONAL CORP (ATLO) Form 10-Q — May 8, 2026

$ATLOForm 10-QFiled May 8, 2026, 12:42 PM ET0001437749-26-015819Original filing

AMES NATIONAL CORPORATION reported a net income of $6.0 million, or $0.67 per share, for the three months ended March 31, 2026, compared to $3.4 million, or $0.39 per share, for the same period in 2025. The increase in earnings is primarily due to an increase in net interest income and a decrease in credit loss expense. The company's net interest income increased to $15.4 million for the three months ended March 31, 2026, from $12.9 million in the same period in 2025. This increase is attributed to higher yields and average balances on investments, combined with a lower cost of funds driven by declining market rates and reduced borrowings.

Key figures

Eps: 0.67
Revenue: 22216
Net Income: 5960
Total Debt: 1934969
Debt Amount: 0
Revenue Yoy: 5.2
Total Assets: 2142539
Cash Position: 118151
Deal Value Usd: 0
Interest Rate: 0
Gross Proceeds: 0
Offering Price: 0
Shares Offered: 0
Shares Outstanding: 8857220
Total Loans: 1264827
Total Deposits: 1867393
Interest Income: 22216
Interest Expense: 6785
Total Investments: 688827
Credit Loss Benefit: 37
Income Before Taxes: 7690
Net Interest Income: 15431
Non Interest Income: 2785
Tier1 Capital Ratio: 14.8
Total Capital Ratio: 16.1
Total Loans Dec2025: 1280222
Non Interest Expense: 10873
Comprehensive Income: 1789
Total Deposits Dec2025: 1854667
Total Nonaccrual Loans: 20087
Total Substandard Loans: 34814
Dividends Declared Total: 2126
Provision For Income Taxes: 1730
Total Investments Dec2025: 655954
Total Stockholders Equity: 207570
Tier1 Capital Ratio Dec2025: 14.3
Total Capital Ratio Dec2025: 15.6
Dividends Declared Per Share: 0.24
Unrealized Gains On Securities: 9491
Unrealized Losses On Securities: 5457
Common Equity Tier1 Capital Ratio: 14.8
Total Stockholders Equity Dec2025: 207894
Common Equity Tier1 Capital Ratio Dec2025: 14.3
Total Substandard Impaired Loans As Percentage Of Total Loans: 1.57
Total Substandard Impaired Loans As Percentage Of Total Loans Dec2025: 1.19

Price after filing

1 day: 0.0%7 days: -2.6%30 days: +2.0%

Close on the filing date to close N calendar days later (from $28.61). Historical, not a forecast.

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