Company Information

  

Address: PO BOX 846  
City: AMES 
State: IA 
Zip Code: 50010 
Telephone: 515-232-6251 

Description of Business

Primary SIC Code: 6021
(As filed with the SEC)  

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 five banking subsidiaries consisting of two national banks and three state-chartered banks, as described below. All of the Company's operations are conducted in the State of Iowa and primarily within the central and north central Iowa counties of Boone, Hancock, Marshall, Polk and Story where the Company's banking subsidiaries are located. The Company does not engage in any material business activities apart from its ownership of its banking subsidiaries and the management of its own investment and loan portfolios. The principal executive offices of the Company are located at 405 5th Street, Ames, Iowa 50010. The Company's telephone number is (515) 232-6251 and website address is www.amesnational.com.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20171.600.22019.12
03/20171.670.22018.32
12/20161.690.21019.53
09/20161.680.21016.46
06/20161.710.21015.68
03/20161.620.21015.28
12/20151.610.20015.09
09/20151.530.20014.99

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.40Total Liab/Total Assets0.88
Net Inc/Total Assets0.01Total Liab/Inv Cap0.94
Net Inc/Inv Cap0.01Total Liab/Comm Equity30.41
Pretax Inc/Net Sales0.43Interest Coverage Ratio22.23
Net Inc/Net Sales0.30Curr Debt/Equity0.52
Cash Flow/Net Sales0.41LTD/EquityNA
SG&A/NetSales0.47Total Debt/Equity0.52
Asset Utilization   Liquidity  
Net Receivables TurnoverNAQuick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E3.14  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 13.50 13.16 13.17 13.08
Cost of Goods Sold 1.11 0.92 0.81 0.75
Selling & Admin Exps 6.31 6.38 6.17 6.03
Operating Income NA NA NA NA
Interest Exp 0.29 0.28 0.27 0.27
Pretax Income 4.92 5.09 5.74 5.71
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 3.47 3.61 4.02 3.80

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 566.61 590.56 577.29 564.88
Receivables - Total NA NA NA NA
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 16.27 16.44 16.60 17.00
Total Assets 1,369.63 1,395.31 1,366.45 1,340.34
Liabilities        
Accounts Payable 6.03 7.63 6.10 5.90
Debt in Current Liabilities 65.18 77.87 85.84 100.86
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 1,197.98 1,227.18 1,201.35 1,169.61
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 18.62 18.62 18.62 18.62
Retained Earnings 129.17 127.74 126.18 124.11
Treasury Stock NA NA NA NA
Total Stockholders' Equity 171.64 168.13 165.11 170.74
Total Liabilities and Stockholders' Equity 1,369.63 1,395.31 1,366.45 1,340.34

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 3.19 6.24 6.83 4.72
Net Cash Provided by Investing Activities 21.18 -33.22 -29.29 -13.36
Net Cash Provided by Financing Activities -29.64 22.34 30.63 9.65

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201245.5114.181.52
12/201346.1513.951.50
12/201450.2215.251.64
12/201551.4215.011.61
12/201652.1315.731.69
Growth Rates3.462.632.69

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17462,23924.06




Report Date : 10/23/2017

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