Detail akcie Ames Natl online

Business Summary: Ames National Corp is a bank holding company for its banking subsidiaries, First National Bank, Ames, Iowa (FNB); State Bank & Trust Co., Nevada, Iowa (SBT); Boone Bank & Trust Co., Boone, Iowa (BBT); Reliance State Bank, Story City, Iowa (RSB); United Bank & Trust Co., Marshalltown, Iowa (UBT), and Iowa State Savings Bank, Creston, Iowa (ISSB). The Bank’s lending activities consist primarily of short-term and medium-term commercial and agricultural real estate loans, residential real estate loans, agricultural and business operating loans and lines of credit, equipment loans, vehicle loans, personal loans and lines of credit, home improvement loans and origination of mortgage loans for sale into the secondary market. It provides a variety of checking, savings and time deposits, cash management services, merchant credit card processing, safe deposit boxes, wire transfers, direct deposit, and automated/video teller machine access and automatic drafts (ACH) for various accounts.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Ames National Corporation interest income increased 21% to $74.3M. Net interest income after loan loss provision decreased 19% to $43.8M. Net income decreased 44% to $10.8M. Net interest income after loan loss provision reflects Net Interest Margin, Total - % decrease of 14% to 2.2%. Net income also reflects Deposits increase from $7.3M to $24.5M (expense).