{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-020440","form_type":"8-K","ticker":"ATLO","cik":"0001132651","company_name":"AMES NATIONAL CORP","filed_at":"2023-07-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.211707+00:00","generated_at":"2026-06-13T04:48:50.200819+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Ames National Q2 net income falls to $2.6M ($0.28) vs $4.2M; 2023 guidance cut","bullets":["Q2 net income $2.6M ($0.28 diluted EPS), down from $4.2M ($0.46); six-month net $5.8M ($0.64) vs $9.3M ($1.03).","Net interest margin fell to 2.20% from 2.63%; efficiency ratio worsened to 77.57% from 61.51%.","Noninterest expense up 7% to $10.6M, including $523K wire fraud loss; credit loss expense $33K vs benefit of $59K.","Management anticipates 2023 earnings will miss prior forecast due to higher deposit interest expense.","Quarterly dividend unchanged at $0.27 per share; payable Aug 15, 2023 to holders of record Aug 1."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-020440","json":"https://secwatch.observer/filing/0001437749-23-020440.json","markdown":"https://secwatch.observer/filing/0001437749-23-020440.md","text":"https://secwatch.observer/filing/0001437749-23-020440.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1132651/000143774923020440/0001437749-23-020440-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1132651/000143774923020440/atlo20230720_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T04:48:50.200819+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0df2008658ba7ffd92e175aedf61fb901615f9e2","claim":"AMES NATIONAL CORP reported the six months ended June 30, 2023 results: net income $5.8 million, EPS $0.64 per share.","evidence_excerpt":"For the six months ended June 30, 2023, net income for the Company totaled $5.8 million or $0.64 per share, compared to $9.3 million or $1.03 per share earned in 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1132651/000143774923020440/0001437749-23-020440-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the six months ended June 30, 2023"},{"label":"Net income","value":"$5.8 million"},{"label":"EPS","value":"$0.64 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"3d56f2fbdbbe56758d0d40fdcd876703e794fe9d","claim":"AMES NATIONAL CORP reported the second quarter of 2023 results: net income $2.6 million, EPS $0.28 per share.","evidence_excerpt":"Ames National Corporation (Nasdaq: ATLO; the “Company”) today reported net income for the second quarter of 2023 of $2.6 million, or $0.28 per share, compared to $4.2 million, or $0.46 per share, earned in the second quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1132651/000143774923020440/0001437749-23-020440-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter of 2023"},{"label":"Net income","value":"$2.6 million"},{"label":"EPS","value":"$0.28 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}