Ames National Corporation (ATLO)

Nasdaq: ATLO · National Commercial Banks · Ames, IA · filing with the SEC since 2001

Grade5.4

◀ Past 5.5● Present 5.0▶ Future 5.8

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Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Mar 12, 2026	Mar 12, 2025	Mar 8, 2024	Mar 10, 2023	Mar 11, 2022	Mar 12, 2021	Mar 10, 2020	Mar 12, 2019	Mar 12, 2018	Mar 13, 2017
For lenders
Interest and dividend income	87,093,000	82,607,000	74,301,000	61,553,000	60,482,000	62,941,000^r	56,177,493	49,726,963	45,794,435	44,046,039
Interest expense on deposits and borrowings	31,431,000	37,631,000	29,676,000	·	·	·	·	·	·	·
Net interest income	55,662,000	44,976,000	44,625,000	53,244,000	55,997,000	54,843,000^r	45,248,144	42,123,767	40,213,356	39,910,758
Provision for credit losses	996,000	735,000	774,000	-874,000	-757,000	5,681,000^r	1,314,104	639,316	1,519,596	524,365
Net interest income after provision	54,625,000	44,384,000	43,836,000	54,118,000	56,754,000	49,162,000^r	43,934,040	41,484,451	38,693,760	39,386,393
Noninterest income	11,170,000	9,837,000	9,215,000	9,687,000	10,537,000	10,620,000^r	8,629,398	7,900,937	7,992,767	8,087,534
Noninterest expense	41,929,000	41,980,000	40,162,000	38,644,000	36,618,000	36,551,000^r	31,521,669	27,965,410	25,404,537	24,934,645
Interest expense	·	·	29,676,000	8,309,000	4,485,000	8,098,000^r	10,929,349	7,603,196	5,581,079	4,135,281
Income before income taxes	23,866,000	12,241,000	12,889,000	25,161,000	30,673,000	23,231,000	21,041,769	21,419,978	21,281,990	22,539,282
Income tax expense	4,839,000	2,023,000	2,072,000	5,868,000	6,760,000	4,381,000	3,847,600	4,406,100	7,584,801	6,804,506
Net income	19,027,000	10,218,000	10,817,000	19,293,000	23,913,000	18,850,000^r	17,194,169	17,013,878	13,697,189	15,734,776
Earnings per share, basic	2.14	1.14	1.20	2.14	2.62	2.06	1.86	1.83	1.47	1.69
Earnings per share, basic and diluted	·	·	·	·	2.62	2.06	1.86	1.83	1.47	1.69
Weighted average shares, basic	8,895,197	8,991,286	8,992,167	9,033,410	9,114,379	9,148,244	9,236,989	9,310,594	9,310,913	9,310,913

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating

Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLossesExpensed

Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss

Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome

Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense

Interest expense what its borrowing costus-gaap:InterestExpense

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

SI Assistanton ATLO · research, not advice