secwatch.observer — SEC 8-K summary
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Issuer:     AMES NATIONAL CORP (ATLO)
CIK:        0001132651
Form:       8-K
Filed at:   2025-10-17T23:59:59+00:00
Accession:  0001437749-25-031265
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1132651/000143774925031265/0001437749-25-031265-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1132651/000143774925031265/atlo20250820_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-031265

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