AMES NATIONAL CORP
Ames National Corporation (NASDAQ: AMEX) operates as a bank holding company headquartered in Iowa with a website at www.amesnational.com. The company owns and operates six community banks across central, north-central, and south-central Iowa, including First National Bank in Ames, State Bank & Trust Co. in Nevada,… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What AMES NATIONAL CORP does
In the company’s own words
Ames National Corporation (NASDAQ: AMEX) operates as a bank holding company headquartered in Iowa with a website at www.amesnational.com. The company owns and operates six community banks across central, north-central, and south-central Iowa, including First National Bank in Ames, State Bank & Trust Co. in Nevada, Boone Bank & Trust Co., Reliance State Bank in Story City, United Bank & Trust Co. in Marshalltown, and Iowa State Savings Bank in Creston. These subsidiary banks serve customers across Boone, Clarke, Hancock, Marshall, Polk, Story, Taylor, and Union counties.
The company's primary revenue sources include net interest income from lending activities, investment income, wealth management fees, service charges on deposits, merchant and card fees, and gains on loan sales. The Banks maintain a diversified loan portfolio comprising approximately 51 percent commercial loans, 23 percent agricultural loans, and 25 percent residential real estate loans, with the remaining one percent in consumer loans. The company emphasizes relationship banking with small-to-medium sized businesses and provides comprehensive deposit services including checking accounts, savings accounts, and certificates of deposit.
Five of the six subsidiary banks offer wealth management and trust services, with assets under management totaling $510.4 million as of December 31, 2025. The Banks also originate residential mortgages for sale in the secondary market and provide traditional banking services such as safe deposit boxes, wire transfers, and automated teller machine access.
Ames National Corporation employs approximately 260 full-time and part-time employees across its operations. The company was organized in 1975 to serve as a holding company for First National Bank, which was established in 1903. Subsequent acquisitions expanded the holding company's footprint, including the 1983 acquisition of State Bank, the 1991 establishment of Boone Bank, the 1995 acquisition of Reliance Bank, the 2002 chartering of United Bank, and the 2019 acquisition of Iowa State Savings Bank. All six subsidiary banks maintain FDIC insurance and operate under comprehensive federal and state regulatory oversight.
Company details
- Sector
- Financials
- Industry
- Commercial Banks
- Headquarters
- AMES, IA
- Fiscal year end
- December
- CIK
- 1132651
- SIC
- 6021
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns AMES NATIONAL CORP — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · AMES NATIONAL CORP’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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