Ames National Corp Q1 2025: $18M Assets, $8.9M Net Income
Ticker: ATLO · Form: 10-Q · Filed: May 9, 2025 · CIK: 1132651
| Field | Detail |
|---|---|
| Company | Ames National CORP (ATLO) |
| Form Type | 10-Q |
| Filed Date | May 9, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: quarterly-report, financials, banking
TL;DR
**AMES NATIONAL CORP Q1 2025: $18M Assets, $8.9M Net Income, $0.27 EPS. Portfolio adjustments noted.**
AI Summary
AMES NATIONAL CORP reported its first quarter 2025 results, with total assets reaching $18,000,000 and net income of $8,915,557. The company's earnings per share were $0.27. The filing also details adjustments related to loans hedged in a closed portfolio and a $2 thousand credit loss expense for off-balance sheet credit exposures.
Why It Matters
This filing provides insight into the financial health and performance of Ames National Corp for the first quarter of 2025, impacting investors and stakeholders.
Risk Assessment
Risk Level: low — The filing is a routine quarterly report with no immediately apparent significant negative developments.
Key Numbers
- $18.0B — Total Assets (Represents the company's total asset value as of the end of Q1 2025.)
- $8.9M — Net Income (Indicates the company's profitability for the first quarter of 2025.)
- $0.27 — Earnings Per Share (Shows the profit allocated to each outstanding share of common stock for the period.)
Key Players & Entities
- AMES NATIONAL CORP (company) — Filer of the 10-Q report
- 20250331 (date) — End of the reporting period
- 20250509 (date) — Filing date
- $18,000,000 (dollar_amount) — Total assets
- $8,915,557 (dollar_amount) — Net income
- $0.27 (dollar_amount) — Earnings per share
- $2 thousand (dollar_amount) — Credit loss expense for off-balance sheet credit exposures
FAQ
What is the total amount of assets reported by AMES NATIONAL CORP for the period ending March 31, 2025?
AMES NATIONAL CORP reported total assets of $18,000,000 for the period ending March 31, 2025.
What was the net income for AMES NATIONAL CORP in the first quarter of 2025?
The net income for AMES NATIONAL CORP in the first quarter of 2025 was $8,915,557.
What is the reported earnings per share for AMES NATIONAL CORP for the period ending March 31, 2025?
The earnings per share for AMES NATIONAL CORP for the period ending March 31, 2025, is $0.27.
What is the significance of the 'portfolio layer method basis adjustments' mentioned in the filing?
These adjustments relate to loans hedged in a closed portfolio and impact the net loan balance without being allocated to individual loans, unless the hedge is de-designated.
What was the credit loss expense related to off-balance sheet credit exposures?
The credit loss expense related to off-balance sheet credit exposures was $2 thousand.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 9, 2025 regarding AMES NATIONAL CORP (ATLO).