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Ames National Corporation
PO Box 846
Phone: (515) 232-6251p:515 232-6251 AMES, IA  50010  United States Ticker: ATLOATLO
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.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes--Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202412/31/2023YesYes---

Industries
SIC Code Description
6021 National commercial banks
6029 Commercial banks, not elsewhere classified
6712 Offices of bank holding companies

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board Patrick G.Hagan 67 5/11/2022 1/1/2017
President, Chief Executive Officer, Director John P.Nelson 57 12/31/2018 1/1/2013
Chief Financial Officer, Principal Accounting Officer Justin C.Clausen 36 7/5/2024 7/5/2024
12 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
United Bank & Trust National Association 2101 SOUTH CENTER STREET MARSHALLTOWN IA United States
RELIANCE STATE BANK 606 BROAD ST STORY CITY IA United States
FIRST NATIONAL BANK 405 5th St Ames Iowa United States
BOONE BANK AND TRUST 716 8th St Boone Iowa United States
STATE BANK AND TRUST CO 1025 6th St Nevada Iowa United States

Business Names
Business Name
ATLO
Boone Bank and Trust Co.
First National Bank
5 additional Business Names available in full report.

General Information
Number of Employees: 254 (As of 12/31/2023)
Outstanding Shares: 8,992,167 (As of 9/30/2024)
Shareholders: 3,298
Stock Exchange: NASD
Federal Tax Id: 421039071
Fax Number: (515) 663-3033


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Monday, December 2, 2024