Every 10-Q that Ames Natl (ATLO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ATLO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ATLO filings page.
Ames National Corporation reported stronger profitability for the three and six months ended June 30, 2026. Second-quarter net income was $5,931 thousand, up from $4,511 thousand a year earlier, with basic and diluted EPS of $0.67 versus $0.51. Six‑month net income rose to $11,891 thousand from $7,954 thousand, and EPS increased to $1.34 from $0.89. Net interest income improved to $16,382 thousand for the quarter and $31,813 thousand year‑to‑date, as higher interest and dividend income outpaced lower interest expense on deposits and borrowings.
At June 30, 2026, total assets were $2,122,898 thousand, slightly below year‑end 2025, as loans receivable, net, declined to $1,250,996 thousand while securities available‑for‑sale increased to $695,251 thousand. Total deposits were stable at $1,852,567 thousand. Stockholders’ equity increased to $213,093 thousand, aided by retained earnings, though accumulated other comprehensive loss deepened to $(20,423 thousand) driven by $27,917 thousand of gross unrealized losses on debt securities.
Asset quality shows pockets of pressure. Nonaccrual loans rose to $19,606 thousand from $15,133 thousand at year‑end, while the allowance for credit losses on loans stood at $17,307 thousand. The company’s modified Texas Ratio reached 29.2%, exceeding the amended 25% covenant threshold on its holding‑company line of credit; the lender waived this noncompliance. The company maintained FHLB advances of $16,5 million at a weighted average rate of 3.93% and paid off a separate $4.0 million term note in June 2026. Dividends declared totaled $0.48 per share for the first half of 2026, compared with $0.20 a year earlier.
Ames National Corporation reported stronger first-quarter 2026 results. Net income rose to $5.96 million from $3.44 million a year earlier, with earnings per share increasing to $0.67 from $0.39. Net interest income improved to $15.43 million, helped by lower interest expense and a $0.35 million credit loss benefit instead of a prior-year expense.
Noninterest income grew modestly, while operating expenses increased slightly. Rising market rates drove unrealized losses on available-for-sale securities, producing a $4.17 million other comprehensive loss and comprehensive income of $1.79 million. The securities portfolio carried $30.1 million of gross unrealized losses. Capital remained solid, with a consolidated total capital ratio of 16.1%. The company did not meet one modified Texas Ratio covenant on a $5 million line of credit, but the lender waived the noncompliance.
Ames National Corporation (ATLO) reported stronger Q3 2025 results. Net income rose to $4.6M with EPS of $0.51, up from $2.2M and $0.25 a year ago. Net interest income improved to $14.0M as interest expense declined to $7.8M from $9.6M. Credit loss expense was $0.6M. Noninterest income was $2.5M and noninterest expense modestly eased to $10.2M.
For the nine months, net income reached $12.5M with EPS of $1.41. Total assets were $2.108B; loans receivable, net, were $1.276B; and deposits were $1.833B. Stockholders’ equity increased to $200.6M, aided by an improvement in accumulated other comprehensive loss to $(21.2M) from $(39.1M). The company declared a quarterly dividend of $0.20 per share. Shares outstanding were 8,892,167 as of October 31, 2025.
Ames National Corporation reported improved profitability for the quarter ended June 30, 2025. Net income for the three months was $4.511 million versus $2.184 million a year earlier, producing basic and diluted earnings per share of $0.51 versus $0.24. For the six months, net income was $7.954 million versus $4.488 million, with six-month EPS of $0.89 versus $0.50. Net interest income rose to $13.466 million from $10.872 million, supported by higher interest and dividend income and lower interest expense.
On the balance sheet, total assets were $2.093 billion, down from $2.133 billion at year-end, and loans receivable, net totaled $1.280 billion (down from $1.304 billion). Deposits declined to $1.819 billion. Stockholders' equity strengthened to $193.029 million from $174.706 million. The securities available-for-sale portfolio carried $644.7 million with aggregated unrealized losses of $35.6 million attributed to higher market interest rates. Nonaccrual loans rose to $18.885 million from $14.772 million while the allowance for credit losses on loans was $16.971 million. The Company reported a consolidated total capital ratio of 15.1%, meeting regulatory requirements.