{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-028680","form_type":"8-K","ticker":"ATLO","cik":"0001132651","company_name":"AMES NATIONAL CORP","filed_at":"2023-10-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.317829+00:00","generated_at":"2026-06-09T18:06:54.747419+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 Q3 net income falls 47% to $2.9M; net interest margin narrows to 2.11%","bullets":["Q3 2023 net income $2.9M ($0.33/diluted share) vs $5.5M ($0.62) in Q3 2022; nine-month net income $8.7M ($0.97) vs $14.9M ($1.64).","Net interest income declined 21.8% to $10.7M; net interest margin fell to 2.11% from 2.71% due to higher deposit costs.","Total deposits decreased 2% to $1.83B; loans increased to $1.23B; BTFP borrowings were $83.3M at quarter end.","Efficiency ratio worsened to 75.1% from 59.5%; credit loss benefit of $274K vs $520K benefit in prior year.","Quarterly cash dividend of $0.27 per share declared, payable Nov 15 to holders of record Nov 1."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-028680","json":"https://secwatch.observer/filing/0001437749-23-028680.json","markdown":"https://secwatch.observer/filing/0001437749-23-028680.md","text":"https://secwatch.observer/filing/0001437749-23-028680.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1132651/000143774923028680/0001437749-23-028680-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1132651/000143774923028680/atlo20231019_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T18:06:54.747419+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":"025ec9f27ea98bf671b574ed9250fb49ef7a1b0d","claim":"AMES NATIONAL CORP reported the nine months ended September 30, 2023 results: net income $8.7 million, EPS $0.97 per share.","evidence_excerpt":"For the nine months ended September 30, 2023, net income for the Company totaled $8.7 million or $0.97 per share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1132651/000143774923028680/0001437749-23-028680-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the nine months ended September 30, 2023"},{"label":"Net income","value":"$8.7 million"},{"label":"EPS","value":"$0.97 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b6cce7e1ba6cdc375d560fd09c281b06720522e5","claim":"AMES NATIONAL CORP reported the third quarter of 2023 results: net income $2.9 million, EPS $0.33 per share.","evidence_excerpt":"Ames National Corporation (Nasdaq: ATLO; the “Company”) today reported net income for the third quarter of 2023 of $2.9 million, or $0.33 per share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1132651/000143774923028680/0001437749-23-028680-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter of 2023"},{"label":"Net income","value":"$2.9 million"},{"label":"EPS","value":"$0.33 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"}