{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-001720","form_type":"8-K","ticker":"ATLO","cik":"0001132651","company_name":"AMES NATIONAL CORP","filed_at":"2024-01-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.483298+00:00","generated_at":"2026-06-06T21:04:48.911349+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Ames National Q4 net income falls 52% to $2.1M; FY2023 EPS $1.20; 2024 guidance $1.45-$1.55","bullets":["Net income Q4 2023 $2.1M ($0.24/diluted) vs Q4 2022 $4.4M ($0.49); full year $10.8M ($1.20) vs $19.3M ($2.14).","Net interest margin narrowed to 2.15% (Q4) from 2.56% (Q4 2022); full year 2.20% from 2.62%.","Credit loss expense of $755K in Q4 vs benefit of $168K a year ago; full year expense $789K vs benefit $874K.","Efficiency ratio worsened to 75.6% (Q4) from 65.0% (Q4 2022); full year 74.6% vs 61.4%.","Company forecasts 2024 EPS $1.45-$1.55 vs $1.20 actual 2023; dividend maintained at $0.27/share."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-001720","json":"https://secwatch.observer/filing/0001437749-24-001720.json","markdown":"https://secwatch.observer/filing/0001437749-24-001720.md","text":"https://secwatch.observer/filing/0001437749-24-001720.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1132651/000143774924001720/0001437749-24-001720-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1132651/000143774924001720/atlo20240118_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T21:04:48.911349+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":"13a76ff54612f6eae272453bb9e45f5d31c550ba","claim":"AMES NATIONAL CORP reported the three months ended December 31, 2023 results: net income $2,139, EPS $0.24.","evidence_excerpt":"Ames National Corporation (Nasdaq: ATLO; the “Company”) today reported net income for the fourth quarter of 2023 of $2.1 million, or $0.24 per share, compared to $4.4 million, or $0.49 per share, earned in the fourth quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1132651/000143774924001720/0001437749-24-001720-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended December 31, 2023"},{"label":"Net income","value":"$2,139"},{"label":"EPS","value":"$0.24"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a87a49c6115547e3194504fc1c3010f051bc56ba","claim":"AMES NATIONAL CORP reported the year ended December 31, 2023 results: net income $10,817, EPS $1.20.","evidence_excerpt":"For the year ended December 31, 2023, net income for the Company totaled $10.8 million or $1.20 per share, compared to $19.3 million or $2.14 per share earned in 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1132651/000143774924001720/0001437749-24-001720-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2023"},{"label":"Net income","value":"$10,817"},{"label":"EPS","value":"$1.20"},{"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"}