---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-012286"
form_type: "8-K"
ticker: "ATLO"
cik: "0001132651"
company_name: "AMES NATIONAL CORP"
filed_at: "2025-04-17T23:59:59+00:00"
generated_at: "2026-05-23T11:31:34.320645+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ames National Q1 net income up 49% to $3.4M; EPS $0.39 vs $0.26 YoY

## Summary
- Net income $3.4M ($0.39 per share) vs $2.3M ($0.26) in Q1 2024, a 49% increase.
- Net interest income $12.9M (+18.4% YoY); net interest margin improved to 2.53% from 2.13%.
- Credit loss expense $962K (vs $169K) on specific commercial loan reserve; substandard loans rose to $32.4M.
- Loans $1.31B (+2.6% YoY); deposits $1.91B (+1.8% YoY); borrowings reduced to $35.8M from $90.3M.
- Cash dividend $0.20/share declared for June 13; new policy to declare and pay dividends same quarter.

## SEC filing metadata
- accession: 0001437749-25-012286
- form_type: 8-K
- ticker: ATLO
- cik: 0001132651
- company_name: AMES NATIONAL CORP
- filed_at: 2025-04-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1132651/000143774925012286/0001437749-25-012286-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1132651/000143774925012286/atlo20241212_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-012286
- JSON: https://secwatch.observer/filing/0001437749-25-012286.json
- Plain text: https://secwatch.observer/filing/0001437749-25-012286.txt

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