Ames National Corporation (ATLO)

Ames National Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	108.16	101.23	55.1	27.88	89.13	173.1
Investment Securities	656.34	563.63	643.43	684.37	698.32	465.23
Trading Asset Securities	-	1	1.23	1.1	-	-
Mortgage-Backed Securities	-	91.05	101.86	116.74	149.6	150.2
Total Investments	656.34	655.68	746.52	802.2	847.93	615.43
Gross Loans	1,294	1,321	1,295	1,242	1,161	1,148
Allowance for Loan Losses	-18	-17.06	-16.78	-15.7	-16.62	-17.22
Other Adjustments to Gross Loans	-	-	-	-	-	-0.86
Net Loans	1,276	1,304	1,278	1,226	1,144	1,130
Property, Plant & Equipment	21.01	21.57	22.55	18.9	17.51	17.34
Goodwill	12.42	12.42	12.42	12.42	12.42	12.42
Other Intangible Assets	0.86	1.09	1.43	1.93	2.51	3.13
Loans Held for Sale	0.89	0.34	0.12	0.15	-	1.62
Accrued Interest Receivable	15	13.86	12.95	11.28	10.12	11.14
Long-Term Deferred Tax Assets	8.61	14.06	16.5	22.13	1.92	-
Other Long-Term Assets	6.03	5.13	6.99	7.41	7.97	8.81
Total Assets	2,108	2,133	2,155	2,135	2,137	1,976
Accrued Expenses	7.98	7.18	5.4	4.98	6.03	7.69
Interest Bearing Deposits	1,430	1,403	1,373	1,463	1,426	1,307
Institutional Deposits	92.33	85	67.73	42.89	40.79	60.02
Non-Interest Bearing Deposits	310.16	358.39	370.94	391.58	411.59	349.5
Total Deposits	1,833	1,847	1,812	1,898	1,878	1,716
Short-Term Borrowings	40.62	79.66	161.84	76.08	39.85	37.29
Current Portion of Long-Term Debt	-	0.6	-	-	-	-
Accrued Interest Payable	2.49	3.21	4.71	0.67	-	-
Other Current Liabilities	-	1.79	2.43	2.43	2.36	-
Long-Term Debt	23.5	19.35	3.49	3.72	-	-
Federal Home Loan Bank Debt, Long-Term	-	-	-	-	3	3
Long-Term Deferred Tax Liabilities	-	-	-	-	-	1.73
Total Liabilities	1,907	1,958	1,990	1,986	1,929	1,766
Common Stock	17.78	17.9	17.98	17.98	18.18	18.25
Additional Paid-In Capital	12.8	13.64	14.25	14.25	16.35	17
Retained Earnings	191.24	182.24	180.44	179.93	170.38	158.22
Comprehensive Income & Other	-21.23	-39.06	-46.89	-63.07	2.86	16.02
Shareholders' Equity	200.59	174.71	165.79	149.1	207.78	209.49
Total Liabilities & Equity	2,108	2,133	2,155	2,135	2,137	1,976
Total Debt	64.13	99.61	165.33	79.8	42.85	40.29
Net Cash (Debt)	49.71	8.78	-100.1	-36.15	63.2	151.23
Net Cash Growth	-	-	-	-	-58.21%	72.25%
Net Cash Per Share	5.56	0.98	-11.13	-4.00	6.93	16.53
Filing Date Shares Outstanding	8.89	8.92	8.99	8.99	9.09	9.12
Total Common Shares Outstanding	8.89	8.95	8.99	8.99	9.09	9.12
Book Value Per Share	22.56	19.52	18.44	16.58	22.85	22.96
Tangible Book Value	187.31	161.19	151.94	134.74	192.85	193.93
Tangible Book Value Per Share	21.06	18.01	16.90	14.98	21.21	21.26

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q