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Ames National Corp. operates as a bank holding company. Its 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. Read More It also offers savings and time deposits, cash management services, merchant credit card processing, safe deposit boxes, wire transfers, direct deposit of payroll and social security checks, and automated teller machine access. The company was founded on January 21, 1975 and is headquartered in Ames, IA.
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Guru FocusMar 12
Ames National Corp (ATLO) Files 10-K for the Fiscal Year Ended on December 31, 2018
Ames National Corp (NASDAQ:ATLO) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Ames National Corporation is a bank holding company providing savings accounts, demand deposits, money market accounts and loans comprising real estate, residential, equipment and personal and other services.
Stock Price, News, & Analysis for Ames National
Ames National Corporation operates as a multi-bank holding company that provides banking services primarily in the central and north central Iowa counties of Boone, Hancock, Marshall, Polk, and Story.
Simply Wall StFeb 27
Is Ames National Corporation (NASDAQ:ATLO) Over-Exposed To Risk?
Improving credit quality as a result of post-GFC recovery has led to a strong environment for growth in the banking sector. As a small-cap bank with a market capitalisation of US$258m, Ames National Corporation’s (NASDAQ:ATLO) profit and value are directly affected by economic growth. This is because borrowers’ demand for, and ability to repay, their loans depend on the stability of their salaries and interest rates. Risk associated with repayment is measured by bad debt which is written off as an expense, ...
Expected Apr 12, Pre-Market