secwatch / observer

AMES NATIONAL CORP — fact timeline

Source-grounded facts extracted from AMES NATIONAL CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

ATLO AMES NATIONAL CORP JSON
Shareholder Votes

AMES NATIONAL CORP shareholders approved Ratification of appointment of Forvis Mazars, LLP as independent registered public accounting firm for 2026 at the 2026-04-29 meeting.

“Proposal 3. The voting results on the ratification of the appointment of Forvis Mazars, LLP as the Company’s independent registered public accounting firm were as follows: For Against Abstain 7,157,104 9,779 1,280 There were no broker non-votes on this proposal.”
Shareholder Votes

AMES NATIONAL CORP shareholders approved Advisory vote on executive compensation at the 2026-04-29 meeting.

“Proposal 2. The voting results on the shareholder approval, on an advisory basis, of executive compensation were as follows: For Against Abstain Broker Non-Votes 4,193,678 44,592 11,419 2,918,474”
Shareholder Votes

AMES NATIONAL CORP shareholders approved Election of Directors for a three-year term at the 2026-04-29 meeting.

“Proposal 1. The voting results on the election of directors for a three-year term were as follows: In Favor Votes Withheld Broker Non-Votes Jeffery C. Baker 4,186,074 63,615 2,918,474 Patrick G. Hagan 4,207,316 42,373 2,918,474 Amy F. Rieck 4,219,521 30,168 2,918,474”
Earnings Releases

AMES NATIONAL CORP reported the three months ended March 31, 2026 results: net income $6.0 million, or $0.67 per share.

“ANNOUNCES EARNINGS FOR THE first QUARTER OF 2026 Ames, Iowa – Ames National Corporation (Nasdaq: ATLO; the “Company”) today reported net income for the first quarter of 2026 of $6.0 million, or $0.67 per share, compared to $3.4 million, or $0.39 per share, earned in the first quarter of 2025 . The increase in earnings is primarily due to an increase in net interest”
Shareholder Votes

AMES NATIONAL CORP shareholders approved Ratification of the appointment of FORVIS, LLP as the Company's independent registered public accounting firm for 2024 at the 2024-04-24 meeting.

“The voting results on the ratification of the appointment of FORVIS, LLP as the Company’s independent registered public accounting firm were as follows: For Against Abstain 6,786,741 18,161 36,987”
Shareholder Votes

AMES NATIONAL CORP shareholders approved Election of Directors for a three-year term at the 2024-04-24 meeting.

“The voting results on the election of directors for a three-year term were as follows: In Favor Votes Withheld Broker Non-Votes Lisa M. Eslinger 3,645,838 253,254 2,942,797 Everett S. Miles 3,829,991 69,101 2,942,797 John L. Pierschbacher 3,669,699 229,393 2,942,797 Scot A. Trost 3,852,329 46,763 2,942,797”
Debt Financings

AMES NATIONAL CORP incurred revolving credit of up to five million dollars with Green Belt Bank & Trust of Iowa Falls, Iowa at variable rate equal to the Bank Prime Loan Rate, as published in the Federal Res maturing April 25, 2026.

“On April 25, 2024, Ames National Corporation (the “Company”) entered into a promissory note and related business loan agreement (collectively, the “Credit Agreement”) with Green Belt Bank & Trust of Iowa Falls, Iowa (the “Lender”), providing for a revolving line of credit facility in an amount of up to five million dollars maturing on April 25, 2026.”
Material Agreements

AMES NATIONAL CORP entered into Credit Agreement with Green Belt Bank & Trust of Iowa Falls, Iowa valued at five million dollars (effective 2024-04-25).

“On April 25, 2024, Ames National Corporation (the “Company”) entered into a promissory note and related business loan agreement (collectively, the “Credit Agreement”) with Green Belt Bank & Trust of Iowa Falls, Iowa (the “Lender”), providing for a revolving line of credit facility in an amount of up to five million dollars maturing on April 25, 2026.”
Earnings Releases

AMES NATIONAL CORP reported the first quarter of 2024 results: net income $2.3 million, EPS $0.26 per share.

“Ames National Corporation (Nasdaq: ATLO; the “Company”) today reported net income for the first quarter of 2024 of $2.3 million, or $0.26 per share”
Earnings Releases

AMES NATIONAL CORP reported the year ended December 31, 2023 results: net income $10,817, EPS $1.20.

“For the year ended December 31, 2023, net income for the Company totaled $10.8 million or $1.20 per share, compared to $19.3 million or $2.14 per share earned in 2022.”
Earnings Releases

AMES NATIONAL CORP reported the three months ended December 31, 2023 results: net income $2,139, EPS $0.24.

“Ames National Corporation (Nasdaq: ATLO; the “Company”) today reported net income for the fourth quarter of 2023 of $2.1 million, or $0.24 per share, compared to $4.4 million, or $0.49 per share, earned in the fourth quarter of 2022.”

Michael A. Wilson was appointed as Executive Vice President and Chief Lending Officer at AMES NATIONAL CORP.

“On November 8, 2023, Michael A. Wilson (age 59), who currently serves as Executive Vice President of Innovation & Corporate Services of the Company, was appointed as Executive Vice President and Chief Lending Officer effective November 9, 2023.”

Justin C. Clausen was appointed as Chief Financial Officer at AMES NATIONAL CORP.

“On November 8, 2023, Justin C. Clausen (age 36), who currently serves as Chief Accounting Officer of the Company, was appointed to the role of Chief Financial Officer effective July 5, 2024”

John L. Pierschbacher departed as Chief Financial Officer at AMES NATIONAL CORP.

“On November 8, 2023, John L. Pierschbacher, who currently serves as the principal financial and accounting officer of Ames National Corporation (the “Company”), notified the Company of his intent to retire as Chief Financial Officer of the Company effective July 5, 2024.”
Earnings Releases

AMES NATIONAL CORP reported the nine months ended September 30, 2023 results: net income $8.7 million, EPS $0.97 per share.

“For the nine months ended September 30, 2023, net income for the Company totaled $8.7 million or $0.97 per share”
Earnings Releases

AMES NATIONAL CORP reported the third quarter of 2023 results: net income $2.9 million, EPS $0.33 per share.

“Ames National Corporation (Nasdaq: ATLO; the “Company”) today reported net income for the third quarter of 2023 of $2.9 million, or $0.33 per share”
Earnings Releases

AMES NATIONAL CORP reported the six months ended June 30, 2023 results: net income $5.8 million, EPS $0.64 per share.

“For the six months ended June 30, 2023, net income for the Company totaled $5.8 million or $0.64 per share, compared to $9.3 million or $1.03 per share earned in 2022.”
Earnings Releases

AMES NATIONAL CORP reported the second quarter of 2023 results: net income $2.6 million, EPS $0.28 per share.

“Ames National Corporation (Nasdaq: ATLO; the “Company”) today reported net income for the second quarter of 2023 of $2.6 million, or $0.28 per share, compared to $4.2 million, or $0.46 per share, earned in the second quarter of 2022.”
Shareholder Votes

AMES NATIONAL CORP shareholders approved Advisory vote on frequency of future advisory votes on executive compensation.

“the Company’s shareholders approved at the Annual Meeting, on an advisory basis, holding future advisory votes on executive compensation every third year”
Shareholder Votes

AMES NATIONAL CORP shareholders approved Ratification of FORVIS, LLP as independent registered public accounting firm for 2023 at the 2023-04-26 meeting.

“The stockholders also ratified the appointment of FORVIS, LLP as the Company’s independent registered public accounting firm for 2023.”
Shareholder Votes

AMES NATIONAL CORP shareholders approved Advisory vote on frequency of say-on-pay (three years preferred) at the 2023-04-26 meeting.

“The stockholders voted for a three year advisory vote on executive compensation.”
Shareholder Votes

AMES NATIONAL CORP shareholders approved Advisory vote on executive compensation at the 2023-04-26 meeting.

“The stockholders approved, on an advisory basis, the compensation of the Company’s named executives, as disclosed in the Compensation Discussion and Analysis, the compensation tables and related narrative disclosure in the Company’s proxy statement for the annual meeting.”
Shareholder Votes

AMES NATIONAL CORP shareholders approved Election of Jeffery C. Baker, Betty A. Baudler Horras, and Patrick G. Hagan to the Board of Directors for a three-year term at the 2023-04-26 meeting.

“The stockholders elected to the Company’s Board of Directors for a term of three years were Jeffery C. Baker, Betty A. Baudler Horras and Patrick G. Hagan.”
Earnings Releases

AMES NATIONAL CORP reported the first quarter of 2023 results: net income $3.2 million, EPS $0.36 per share.

“Ames National Corporation (Nasdaq: ATLO; the “Company”) today reported net income for the first quarter of 2023 of $3.2 million, or $0.36 per share, compared to $5.1 million, or $0.57 per share, earned in the first quarter of 2022.”
Earnings Releases

AMES NATIONAL CORP reported the year ended December 31, 2022 results: net income $19.3 million, EPS $2.14 per share.

“For the year ended December 31, 2022, net income for the Company totaled $19.3 million or $2.14 per share”
Earnings Releases

AMES NATIONAL CORP reported the fourth quarter of 2022 results: net income $4.4 million, EPS $0.49 per share.

“Ames National Corporation (Nasdaq: ATLO; the “Company”) today reported net income for the fourth quarter of 2022 of $4.4 million, or $0.49 per share”
Auditor Changes

AMES NATIONAL CORP engaged FORVIS, LLP as its auditor.

“☐ Item 4.01 Changes in Registrant ’ s Certifying Accountant Newly Engaged Independent Registered Public Accounting Firm On November 7, 2022, the Audit Committee of the Board of Directors of Ames National Corporation (the “Company”) approved the appointment of FORVIS, LLP (“FORVIS”) to serve as the Company’s independent registered public accounting firm for the year ending December 31, 2023.”

Michael A. Wilson was appointed as Executive Vice President of Innovation & Corporate Services at AMES NATIONAL CORP.

“Michael A. Wilson (age 58) will assume a new role as Executive Vice President of Innovation & Corporate Services for Ames National Corporation (“Company”) effective September 30, 2022.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.