---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-031265"
form_type: "8-K"
ticker: "ATLO"
cik: "0001132651"
company_name: "AMES NATIONAL CORP"
filed_at: "2025-10-17T23:59:59+00:00"
generated_at: "2026-05-17T03:21:15.616248+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ames National Q3 net income doubles to $0.51 EPS; net interest margin rises to 2.83%

## Summary
- Q3 2025 net income $4.6M ($0.51 EPS) vs $2.2M ($0.25) YoY; nine-month net income $12.5M ($1.41) vs $6.7M ($0.75).
- Net interest margin improved to 2.83% from 2.21% due to higher loan yields and lower deposit costs; efficiency ratio fell to 61.76% from 77.87%.
- Q3 credit loss expense $627K (vs $371K), partially offset by $344K net recoveries; allowance for credit losses 1.39% of loans.
- Quarterly cash dividend maintained at $0.20/share; new 200K-share repurchase program announced in August 2025.
- Deposits up 1.7% YoY to $1.83B; borrowings reduced to $23.5M from $83.1M; all banks well-capitalized.

## SEC filing metadata
- accession: 0001437749-25-031265
- form_type: 8-K
- ticker: ATLO
- cik: 0001132651
- company_name: AMES NATIONAL CORP
- filed_at: 2025-10-17T23:59:59+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/1132651/000143774925031265/0001437749-25-031265-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1132651/000143774925031265/atlo20250820_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-031265
- JSON: https://secwatch.observer/filing/0001437749-25-031265.json
- Plain text: https://secwatch.observer/filing/0001437749-25-031265.txt

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