Ames National Corporation's SEC filings document the reporting, governance and capital actions of an Iowa bank holding company. Form 8-K filings furnish earnings releases for quarterly and annual results, with disclosures tied to net interest income, funding costs, credit loss expense, loan balances, investment activity and other bank performance measures.
Proxy and annual-meeting filings cover director elections, advisory executive compensation votes, auditor ratification and shareholder voting results. Other filings and furnished exhibits address cash dividend declarations, stock repurchase authorization, summary annual reports, investor presentation materials, common-share voting information and related public-company governance matters.
Ames National Corporation (ATLO) reported third-quarter 2026 net income of $7.0 million, or $0.80 per share, versus $4.6 million and $0.51 per share a year earlier. For the nine months ended September 30, 2026, net income was $18.9 million, or $2.14 per share, compared with $12.5 million and $1.41 per share.
Third-quarter net interest income was $17.0 million, up 20.7% year over year; the company attributed the increase to higher investment yields and average balances and lower funding costs. Tax-equivalent net interest margin was 3.38%, versus 2.83%, and the efficiency ratio was 54.97%, versus 61.76%. Noninterest income rose 36.7% to $3.5 million; noninterest expense rose 9.6% to $11.2 million and included $600 thousand of consultant fees for contract negotiations, expected to continue throughout 2026.
Substandard loans were $52.0 million at September 30, 2026, compared with $29.7 million a year earlier; the company attributed the increase to one large relationship and weakening in multi-family loans. Total assets were $2.1 billion and deposits were $1.831 billion as of September 30, 2026. Stockholders’ equity was $205.8 million, or 9.88% of assets. The company declared a $0.24-per-share quarterly cash dividend on August 12, payable September 15, 2026.
Ames National Corp (ATLO) reports Lance A. Lansing, president of a subsidiary bank, as directly holding 0 shares of common stock as of August 12, 2026.
AMES NATIONAL CORP (ATLO) director Jeffery C. Baker purchased common stock in the company. On September 9, 2026, he bought 300 shares of Ames National Corp common stock in an open‑market or private transaction at a price of $31.88 per share, bringing his directly held stake to 3,879 shares. No Rule 10b5-1 trading plan is reported for this transaction.
AMES NATIONAL CORP (ATLO) director Michelle R. Cassabaum reported an open-market purchase of Common Stock. On 2026-08-31, she bought 180 shares at a price of $31.54 per share. Following this transaction, her directly held position increased to 10,308 shares of AMES NATIONAL CORP common stock.
AMES NATIONAL CORP (ATLO) director Douglas W. Beals reported an open-market or private purchase of 325 shares of Common Stock on 2026-08-20 at $31.16 per share. Following this transaction, his directly held position increased to 3,275 Common Stock shares. The Rule 10b5-1 trading-plan checkbox was not marked for this transaction.
Richard Schreier, identified as President of a subsidiary bank of Ames National Corp, purchased 316 shares of ATLO common stock on 2026-08-14 in an open market or private transaction at $31.60 per share. Following this purchase, he directly holds 7,848 common shares of Ames National Corp. The Rule 10b5-1 checkbox was not marked as a trading plan for this transaction.
Fourthstone LLC and related entities reported a small passive ownership position in Ames National Corporation common stock. Fourthstone, as investment adviser, holds 16,768 shares of Ames National on behalf of its advisory clients, representing 0.19% of the outstanding common stock based on 8,857,220 shares outstanding as of April 30, 2026.
The filing is a Schedule 13G/A by Fourthstone LLC, Fourthstone Master Opportunity Fund Ltd, Fourthstone GP LLC, Fourthstone QP Opportunity Fund LP, Fourthstone Small-Cap Financials Fund LP, and L. Phillip Stone IV. The reporting group states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Ames National.
Ames National Corp, as an institutional investment manager, filed a quarterly Form 13F holdings report. The report covers portfolio securities managed by the firm and reports a Form 13F Information Table Value Total of 181,771,354 across 124 reportable positions.
The filing indicates there is 1 other included manager, identified as First National Bank, Ames, Iowa. The report is signed and certified by President/CEO John P. Nelson as true, correct, and complete, consistent with the requirements for Form 13F holdings reports.
Ames National Corporation declared a cash dividend of $0.24 per common share on August 12, 2026. The dividend is payable on September 15, 2026 to shareholders of record at the close of business on September 1, 2026. The company’s common stock has a par value of $2.00 per share and is listed on the NASDAQ Capital Market under the ticker ATLO. Ames National Corporation operates through affiliate banks across several Iowa communities, including Ames, Boone, Nevada, Creston, Story City, and Marshalltown.