secwatch.observer — SEC 8-K summary
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Issuer:     AMES NATIONAL CORP (ATLO)
CIK:        0001132651
Form:       8-K
Filed at:   2026-04-24T23:59:59+00:00
Accession:  0001437749-26-013322
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ames National Q1 net income surges 73% to $6.0M; EPS $0.67 vs $0.39; dividend raised 20%
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- Net income $5.96M (EPS $0.67) vs $3.44M ($0.39) YoY; net interest margin improved to 3.01% from 2.53%.
- Credit loss benefit of $347K vs expense $962K YoY; loan balances declined 3.2% to $1.26B.
- Noninterest income +9.3% to $2.8M on wealth mgmt growth; noninterest exp +5.9% on $300K consultant fees.
- Quarterly dividend raised 20% to $0.24/share; payable March 13, 2026 to record date Feb 27.
- Substandard loans increased to $34.8M; 30+ day delinquencies up to $19.4M from $11.8M YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1132651/000143774926013322/0001437749-26-013322-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1132651/000143774926013322/atlo20260106_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-013322

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