---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-001417"
form_type: "8-K"
ticker: "ATLO"
cik: "0001132651"
company_name: "AMES NATIONAL CORP"
filed_at: "2022-01-21T23:59:59+00:00"
generated_at: "2026-06-27T16:26:01.160261+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ames National Q4 EPS $0.58 vs $0.57; FY21 EPS $2.62; guides FY22 $2.10-$2.20

## Summary
- Q4 2021 net income $5.3M ($0.58/diluted share) vs $5.2M ($0.57) in Q4 2020.
- Full-year 2021 net income $23.9M ($2.62/share) up from $18.9M ($2.06) in 2020.
- Net interest margin fell to 2.65% (Q4) and 2.83% (FY) from 3.03% and 3.13% year ago.
- Credit for loan losses of $217K (Q4) and $757K (FY) vs provisions of $1.3M and $5.7M in prior periods.
- Forecasts FY2022 EPS of $2.10-$2.20, down from $2.62, citing lower PPP fees and higher expenses.

## SEC filing metadata
- accession: 0001437749-22-001417
- form_type: 8-K
- ticker: ATLO
- cik: 0001132651
- company_name: AMES NATIONAL CORP
- filed_at: 2022-01-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1132651/000143774922001417/0001437749-22-001417-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1132651/000143774922001417/atlo20220120_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-001417
- JSON: https://secwatch.observer/filing/0001437749-22-001417.json
- Plain text: https://secwatch.observer/filing/0001437749-22-001417.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.