---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-023002"
form_type: "8-K"
ticker: "ATLO"
cik: "0001132651"
company_name: "AMES NATIONAL CORP"
filed_at: "2025-07-18T23:59:59+00:00"
generated_at: "2026-05-18T05:34:10.291333+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ames National Q2 net income doubles to $4.5M ($0.51/share) on margin expansion

## Summary
- Net income $4.5M ($0.51 diluted EPS) vs $2.2M ($0.24) in Q2 2024; six-month NI $7.95M ($0.89) vs $4.49M ($0.50).
- Net interest margin improved to 2.65% from 2.14% YoY; efficiency ratio fell to 64.34% from 79.61%.
- Net loan charge-offs $1.1M in Q2 (commercial loan relationship reserved in Q1); credit loss expense $108K vs $182K.
- No dividend declared in Q2; paid $0.20/share from prior declaration; repurchased 16,868 shares at avg $16.48.
- Borrowings reduced to $30.7M from $85.9M; equity grew to $193M due to lower unrealized losses and retained earnings.

## SEC filing metadata
- accession: 0001437749-25-023002
- form_type: 8-K
- ticker: ATLO
- cik: 0001132651
- company_name: AMES NATIONAL CORP
- filed_at: 2025-07-18T23:59:59+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/1132651/000143774925023002/0001437749-25-023002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1132651/000143774925023002/atlo20250527_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-023002
- JSON: https://secwatch.observer/filing/0001437749-25-023002.json
- Plain text: https://secwatch.observer/filing/0001437749-25-023002.txt

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