AMES NATIONAL CORPATLO

Market cap

$211.39M

P/E ratio

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Loans, including fees	24	25	25	27	31	32,358,028	34,048,310	38,013,249	44,282,197	50,469,873	48	46	57	66
Taxable	7	6	6	7	6	5,853,146	6,219,030	6,188,403	6,483,893	7,763,684	9	12	13	12
Tax-exempt	7	7	7	6	6	5,439,908	5,015,696	4,582,970	4,047,054	3,628,123	3	3	2	2
Other interest and dividend income	-	-	-	-	-	-	-	942,341	1,364,349	1,078,967	1	1	3	3
Total interest and dividend income	38	38	38	41	43	44,046,039	45,794,435	49,726,963	56,177,493	62,940,647	60	62	74	83
Deposits	5	4	4	3	3	3,073,658	4,439,305	6,841,807	10,200,626	8	4	7	24	32
Other borrowed funds	1	1	1	1	1	1,061,623	1,141,774	761,389	728,723	276,982	0	1	5	6
Total interest expense	-	-	-	-	-	-	-	-	-	-	-	-	-	38
Net interest income	31	32	33	36	39	39,910,758	40,213,356	42,123,767	45,248,144	54,842,837	56	53	45	45
Credit loss expense	-	-	-	-	-	-	-	-	-	-	-	-	1	1
Net interest income after credit loss expense	30	32	33	36	38	39,386,393	38,693,760	41,484,451	43,934,040	49,162,181	57	54	44	44
Fiduciary and Trust	-	-	-	-	-	-	-	3,344,579	3,596,770	3,848,497	4	5	5	5
Financial Service	-	-	-	-	-	-	-	1,425,361	1,619,269	1,523,189	1	1	1	1
Credit and Debit Card	-	-	-	-	-	-	-	1,427,334	1,525,309	1,772,469	2	2	2	2
Securities gains (losses), net	-	-	-	-	-	-	-	-	17,031	429,925	0	0	0	-0
Gain on sale of loans held for sale	1	2	1	704,051	907,875	1,082,347	783,776	780,947	1,044,798	2,111,893	2	1	0	1
Other noninterest income	644,163	764,765	820,680	610,203	633,118	638,973	751,853	759,854	826,221	934,164	1	1	1	1
Total noninterest income	7	7	8	9	8	8,087,534	7,992,767	7,900,937	8,629,398	10,620,137	11	10	9	10
Salaries and employee benefits	12	12	13	14	15	15,687,335	15,994,036	17,821,753	19,675,952	22,868,601	22	23	24	25
Data processing	2	2	2	3	3	3,297,079	3,298,080	3,478,640	4,130,506	5,181,705	6	6	6	6
Occupancy expenses, net	1	1	1	2	2	1,962,726	2,018,553	2,008,331	2,275,882	2,667,788	3	3	3	3
FDIC insurance assessments	738,893	664,285	661,127	645,997	680,563	540,237	427,781	404,514	193,593	313,069	1	1	1	1
Professional fees	-	1	1	1	1	1,178,924	1,231,778	1,482,911	1,753,531	1,537,254	2	2	2	3
Business development	-	941,090	957,702	1	1	1,016,365	1,033,026	1,166,688	1,242,271	1,081,537	1	1	1	1
Intangible asset amortization	-	196,736	273,700	317,333	421,500	368,259	369,580	430,537	609,624	1	1	1	1	0
New Markets Tax Credit projects amortization	-	-	-	-	-	-	-	-	581,563	638,851	1	1	1	1
Other operating expenses, net	3	1	989,178	1	1	1,056,348	1,034,162	943,182	1,058,747	1,436,430	1	1	2	1
Total noninterest expense	19	21	22	24	25	24,934,645	25,404,537	27,965,410	31,521,669	36,551,255	37	39	40	42
Income before income taxes	-	-	-	-	-	-	-	-	-	-	31	25	13	12
Provision for income taxes	5	5	5	6	6	6,804,506	7,584,801	4,406,100	3,847,600	4	7	6	2	2
Net income	14	14	14	15	15	15,734,776	13,697,189	17,013,878	17,194,169	18,850,063	24	19	11	10
Basic and diluted earnings per share (in dollars per share)	-	-	-	-	-	-	-	-	-	-	-	2.14	1.2	1.14