Ames National CORP: management transactions · United States · SEC (Form 4)

About Ames National CORP

Ames National Corporation (ticker: ATLO) is a U.S. bank holding company listed on the Nasdaq Capital Market in the United States. For French-speaking investors in France, Belgium, and Switzerland, it is best understood as a regional community-banking platform with deep Midwestern roots rather than a national money-center institution. The company was established in 1975 as a holding company for First National Bank in Ames, Iowa, and has since expanded through the affiliation of several local banks. ATLO’s public-market status also means investors can track earnings releases, annual reports, and insider activity, including SEC Form 4 filings, through a standardized disclosure framework. ([amesnational.com](https://www.amesnational.com/default.aspx)) Ames National operates as a multi-bank holding company with six central Iowa banks serving 11 communities through 18 banking offices. Its business model is centered on relationship banking: taking deposits, originating loans, and offering a full-service menu for individuals, small businesses, professionals, and local commercial clients. The company’s annual report emphasizes a community-banking identity and a stated ambition to be among the best-performing banking organizations in the Midwest. That positioning matters competitively: ATLO’s edge is not scale, but local decision-making, client familiarity, and a conservative operating culture that tends to resonate in stable retail and small-business markets. ([amesnational.com](https://www.amesnational.com/default.aspx)) Geographically, the franchise is concentrated in Iowa, with a footprint that includes Ames, Boone, Creston, Nevada, Story City, Marshalltown, and surrounding central, north-central, and south-central counties. This is a meaningful strength and a limitation at the same time. On one hand, it supports strong local brand recognition and efficient underwriting grounded in regional knowledge. On the other, it leaves the group exposed to the economic cycles of a relatively narrow geographic area. According to the company’s 2025 annual report, Ames National had about $2.1 billion in assets at year-end 2025 and described itself as the 6th largest Iowa-based commercial bank holding company by deposits. ([amesnational.com](https://www.amesnational.com/default.aspx?utm_source=openai)) From a product perspective, the group’s offering is what investors would expect from a conservative community lender: deposit accounts, commercial lending, real estate lending, and other standard banking services. The appeal of the stock is also tied to shareholder returns. The annual report highlighted a rebound in profitability, net income of $19.0 million for 2025, and dividends declared of $0.60 per share for the year. That combination of earnings recovery and dividend discipline is central to the investment case. ([amesnational.com](https://www.amesnational.com/CMDocs/ANC/Annual%20Reports/NEW%20ANC%20Annual%20Report%202025%20FINAL%20low%20res.pdf)) In market terms, ATLO remains a niche regional banking name rather than a broad national franchise, but it has clear visibility and a long operating history. Recent developments include first-quarter 2026 earnings announced on April 24, 2026, a cash dividend declaration on February 13, 2026, and fourth-quarter 2025 earnings announced on January 23, 2026. For investors screening U.S.-listed financials, Ames National is a straightforward Midwest banking story: local deposits, relationship lending, steady capital management, and a shareholder-friendly distribution profile. ([amesnational.com](https://www.amesnational.com/default.aspx))