# Ames National Corp (ATLO)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/ames-national-corp/ JSON: https://steadybase.io/company/ames-national-corp.json Checked Nov 10, 2026. Latest filing read: Nov 6, 2026.

## Company

- Legal name: AMES NATIONAL CORP
- Ticker: ATLO (Nasdaq)
- SEC CIK: 0001132651
- Industry: National Commercial Banks (SIC 6021)
- Headquarters: Ames, IA
- Fiscal year ends: December 31
- SEC filer category: Non-accelerated filer<br>Smaller reporting company
- Website: amesnational.com
- LinkedIn: https://www.linkedin.com/company/ames-national-corp
- Next earnings date: Jan 15, 2027 (estimated from past 8-K timing)

## Key facts

- Revenue: $87.1M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 12, 2026). Source: https://www.sec.gov/Archives/edgar/data/1132651/000143774926007976/0001437749-26-007976-index.html
- Net income: $19.0M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 12, 2026). Source: https://www.sec.gov/Archives/edgar/data/1132651/000143774926007976/0001437749-26-007976-index.html
- Employees: 260 as of Dec 31, 2025, as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/1132651/000143774926007976/atlo20251231_10k.htm
- Shares outstanding: 8,857,220 as of Oct 31, 2026 (10-Q filed Nov 6, 2026). Source: https://www.sec.gov/Archives/edgar/data/1132651/000143774926035567/0001437749-26-035567-index.html
- Auditor: Forvis Mazars LLP, Springfield, MO, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/1132651/000143774926007976/atlo20251231_10k.htm

## Business

Ames National Corporation (the "Company") is an Iowa corporation and bank holding company registered under the Bank Holding Company Act of 1956, as amended. The Company owns 100% of the stock of six bank subsidiaries consisting of one national bank and five state-chartered banks, as described below. All of the Company’s operations are conducted in the State of Iowa and primarily within the central, north-central and south-central Iowa counties of Boone, Clarke, Hancock, Marshall, Polk, Story, Taylor and Union where the Company’s banking subsidiaries are located.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/1132651/000143774926007976/atlo20251231_10k.htm

## Annual results

| Fiscal year ended | Revenue | Net income |
|---|---|---|
| Dec 31, 2025 | $87.1M | $19.0M |
| Dec 31, 2024 | $82.6M | $10.2M |
| Dec 31, 2023 | $74.3M | $10.8M |
| Dec 31, 2022 | $61.6M | $19.3M |
| Dec 31, 2021 | $60.5M | $23.9M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/ames-national-corp.json

## Officers and directors

- Justin C. Clausen, Chief Financial Officer. LinkedIn: https://linkedin.com/in/justin-clausen-cpa-35292ab4. Source: Form 5 filed Feb 3, 2026, https://www.sec.gov/Archives/edgar/data/1132651/000200068826000001/0002000688-26-000001-index.htm
- John Patrick Nelson, President. Source: Form 5 filed Feb 3, 2026, https://www.sec.gov/Archives/edgar/data/1132651/000119193426000001/0001191934-26-000001-index.htm
- Lisa M. Eslinger, director. Source: 10-K filed Mar 12, 2026, https://www.sec.gov/Archives/edgar/data/1132651/000143774926007976/atlo20251231_10k.htm
- Amy F. Rieck, Board member (per proxy). Source: DEF 14A filed Mar 13, 2026, https://www.sec.gov/Archives/edgar/data/1132651/000143774926008067/atlo20260310_def14a.htm
- Everett S. Miles, Board member (per proxy). Source: DEF 14A filed Mar 13, 2026, https://www.sec.gov/Archives/edgar/data/1132651/000143774926008067/atlo20260310_def14a.htm
- Jeffery C. Baker, Board member (per proxy). Source: DEF 14A filed Mar 13, 2026, https://www.sec.gov/Archives/edgar/data/1132651/000143774926008067/atlo20260310_def14a.htm
- John L. Pierschbacher, Board member (per proxy). Source: DEF 14A filed Mar 13, 2026, https://www.sec.gov/Archives/edgar/data/1132651/000143774926008067/atlo20260310_def14a.htm
- John P. Nelson, Named in proxy. Source: DEF 14A filed Mar 13, 2026, https://www.sec.gov/Archives/edgar/data/1132651/000143774926008067/atlo20260310_def14a.htm
- Kevin L. Swartz, Board member (per proxy). Source: DEF 14A filed Mar 13, 2026, https://www.sec.gov/Archives/edgar/data/1132651/000143774926008067/atlo20260310_def14a.htm
- Michael A. Wilson, Named in proxy. Source: DEF 14A filed Mar 13, 2026, https://www.sec.gov/Archives/edgar/data/1132651/000143774926008067/atlo20260310_def14a.htm
- Michelle R. Cassabaum, Board member (per proxy). Source: DEF 14A filed Mar 13, 2026, https://www.sec.gov/Archives/edgar/data/1132651/000143774926008067/atlo20260310_def14a.htm
- Patrick G. Hagan, Board member (per proxy). Source: DEF 14A filed Mar 13, 2026, https://www.sec.gov/Archives/edgar/data/1132651/000143774926008067/atlo20260310_def14a.htm
- Scot A. Trost, Board member (per proxy). Source: DEF 14A filed Mar 13, 2026, https://www.sec.gov/Archives/edgar/data/1132651/000143774926008067/atlo20260310_def14a.htm
- Scott T. Bauer, Named in proxy. Source: DEF 14A filed Mar 13, 2026, https://www.sec.gov/Archives/edgar/data/1132651/000143774926008067/atlo20260310_def14a.htm

## Recent 8-K events

- Oct 16, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1132651/000143774926032805/atlo20260824_8k.htm
- Aug 13, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1132651/000143774926027669/atlo20260813_8k.htm
- Jul 17, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1132651/000143774926023763/atlo20260519_8k.htm
- May 15, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1132651/000143774926017380/atlo20260515_8k.htm
- May 1, 2026: Item 5.07, Submission of matters to a vote of security holders. Source: https://www.sec.gov/Archives/edgar/data/1132651/000143774926014331/atlo20260430_8k.htm
- Apr 24, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1132651/000143774926013322/atlo20260106_8k.htm
- Feb 13, 2026: Item 7.01, Regulation FD disclosure; Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1132651/000143774926004104/atlo20260212_8k.htm
- Jan 23, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1132651/000143774926001905/atlo20250930_8k.htm
- Nov 13, 2025: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1132651/000143774925034867/atlo20251113_8k.htm
- Oct 17, 2025: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1132651/000143774925031265/atlo20250820_8k.htm

## Insider trades (Form 4)

- Oct 30, 2026: Michelle R. Cassabaum (Director) bought 48 shares, about $1,616. Source: https://www.sec.gov/Archives/edgar/data/1132651/000177339926000008/0001773399-26-000008-index.htm
- Sep 9, 2026: Jeffery C. Baker (Director) bought 300 shares, about $9,564. Source: https://www.sec.gov/Archives/edgar/data/1132651/000191793326000002/0001917933-26-000002-index.htm
- Aug 31, 2026: Michelle R. Cassabaum (Director) bought 180 shares, about $5,677. Source: https://www.sec.gov/Archives/edgar/data/1132651/000177339926000007/0001773399-26-000007-index.htm
- Aug 20, 2026: Douglas W. Beals (Director) bought 325 shares, about $10,127. Source: https://www.sec.gov/Archives/edgar/data/1132651/000206204426000001/0002062044-26-000001-index.htm
- Jul 31, 2026: Michelle R. Cassabaum (Director) bought 140 shares, about $4,228. Source: https://www.sec.gov/Archives/edgar/data/1132651/000177339926000006/0001773399-26-000006-index.htm
- May 29, 2026: Michelle R. Cassabaum (Director) bought 170 shares, about $4,901. Source: https://www.sec.gov/Archives/edgar/data/1132651/000177339926000005/0001773399-26-000005-index.htm
- May 15, 2026: Patrick G. Hagan (Director) bought 200 shares, about $5,538. Source: https://www.sec.gov/Archives/edgar/data/1132651/000170385226000002/0001703852-26-000002-index.htm
- May 12, 2026: Patrick G. Hagan (Director) bought 100 shares, about $2,765. Source: https://www.sec.gov/Archives/edgar/data/1132651/000170385226000001/0001703852-26-000001-index.htm
- Apr 30, 2026: Michelle R. Cassabaum (Director) bought 84 shares, about $2,359. Source: https://www.sec.gov/Archives/edgar/data/1132651/000177339926000004/0001773399-26-000004-index.htm
- Feb 27, 2026: Michelle R. Cassabaum (Director) bought 205 shares, about $5,586. Source: https://www.sec.gov/Archives/edgar/data/1132651/000177339926000003/0001773399-26-000003-index.htm
- Jan 30, 2026: Michelle R. Cassabaum (Director) bought 280 shares, about $7,311. Source: https://www.sec.gov/Archives/edgar/data/1132651/000177339926000001/0001773399-26-000001-index.htm
- Dec 10, 2025: Scot A. Trost (Director) bought 200 shares, about $4,576. Source: https://www.sec.gov/Archives/edgar/data/1132651/000201595725000002/0002015957-25-000002-index.htm
- Nov 21, 2025: Kevin L. Swartz (Director) bought 200 shares, about $4,160. Source: https://www.sec.gov/Archives/edgar/data/1132651/000167015025000002/0001670150-25-000002-index.htm
- Nov 13, 2025: Douglas W. Beals (Director) bought 500 shares, about $10,685. Source: https://www.sec.gov/Archives/edgar/data/1132651/000206204425000002/0002062044-25-000002-index.htm
- Oct 31, 2025: Michelle R. Cassabaum (Director) bought 44 shares, about $916. Source: https://www.sec.gov/Archives/edgar/data/1132651/000177339925000002/0001773399-25-000002-index.htm

## Latest filings

- 8-K filed Oct 16, 2026: https://www.sec.gov/Archives/edgar/data/1132651/000143774926032805/atlo20260824_8k.htm
- 10-K filed Mar 12, 2026: https://www.sec.gov/Archives/edgar/data/1132651/000143774926007976/atlo20251231_10k.htm
- 10-Q filed Aug 7, 2026: https://www.sec.gov/Archives/edgar/data/1132651/000143774926026572/atlo20260630_10q.htm
- DEF 14A filed Mar 13, 2026: https://www.sec.gov/Archives/edgar/data/1132651/000143774926008067/atlo20260310_def14a.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/