Ames national corporation (ATLO)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Interest and dividend income:
Loans, including fees

44,282

38,013

34,048

32,358

30,780

27,196

25,433

24,761

23,600

24,061

25,212

Securities:
Taxable

6,483

6,188

6,130

5,853

6,179

7,104

5,744

6,058

6,993

6,964

7,966

Tax-exempt

4,047

4,582

5,015

5,439

5,808

6,354

6,864

6,767

6,555

5,778

5,213

Other interest and dividend income

1,364

942

599

-

-

-

-

-

-

-

-

Interest bearing deposits and federal funds sold

-

-

-

394

382

308

390

484

466

488

498

Total interest income

56,177

49,726

45,794

44,046

43,150

40,964

38,433

38,071

37,615

37,293

38,891

Interest expense:
Deposits

10,200

6,841

4,439

3,073

3,019

3,385

3,861

4,472

5,313

6,096

8,428

Other borrowed funds

728

761

1,141

1,061

1,165

1,162

1,213

1,279

1,416

1,678

1,798

Total interest expense

10,929

7,603

5,581

4,135

4,185

4,547

5,074

5,751

6,730

7,775

10,226

Net interest income

45,248

42,123

40,213

39,910

38,965

36,417

33,359

32,319

30,885

29,518

28,664

Provision for loan losses

1,314

639

1,519

524

1,099

429

-

-

-

-

-

Provision for loan losses

-

-

-

-

-

-

786

22

532

663

1,558

Net interest income after provision for loan losses

43,934

41,484

38,693

39,386

37,866

35,988

32,572

32,297

30,352

28,855

27,106

Noninterest income:
Securities gains, net

17

-

505

-

-

-

-

-

-

-

-

Wealth management income

-

-

-

2,929

2,724

2,748

2,199

2,060

2,046

1,948

1,541

Service fees

-

-

-

1,633

1,740

1,649

1,580

1,578

1,465

1,626

1,814

Securities gains, net

-

-

-

423

888

1,110

1,002

646

1,025

977

1,157

Other-than-temporary impairment of securities available-for-sale

-

-

-

-

-

-

-

259

0

4

-

Gain on sale of loans held for sale

1,044

780

783

1,082

907

704

1,200

1,589

1,048

942

1,008

Gain on foreclosure of other real estate owned

-

162

-

-

-

-

-

-

-

-

-

Merchant and card fees

-

-

-

1,405

1,378

1,189

1,142

1,055

739

724

621

Merchant and card fees

-

-

-

1,405

1,378

-

-

1,055

739

724

621

Gain (loss) on disposal of premises and equipment, net

-

-

-

-

-

1,239

-

-

-

-

-

Other noninterest income

826

759

751

613

627

610

591

764

644

620

630

Total noninterest income

8,629

7,900

7,992

8,087

8,267

9,252

7,717

7,435

6,970

6,836

6,774

Noninterest expense:
Salaries and employee benefits

19,675

17,821

15,994

15,687

15,231

14,129

13,131

12,465

11,631

10,826

10,757

Data processing

4,130

3,478

3,298

3,297

3,027

2,609

2,414

2,239

1,985

1,857

1,892

Occupancy expenses, net

2,275

2,008

2,018

1,962

1,889

1,680

1,471

1,462

1,377

1,488

1,436

FDIC insurance assessments

193

404

427

540

680

645

661

664

738

1,120

1,675

Professional fees

1,753

1,482

1,231

1,178

1,274

1,274

1,127

1,224

989

1,084

-

Business development

1,242

1,166

1,033

1,016

1,064

1,103

957

941

816

791

-

Other real estate owned (income) expense, net

-

-

-

-172

613

1,502

651

482

434

95

-

Intangible asset amortization

609

430

369

368

421

317

273

196

0

0

-

Data conversion costs

-

228

-

-

-

-

-

-

-

-

-

New market tax credit projects amortization

581

-

-

-

-

-

-

-

-

-

-

Other real estate owned, net

-

-

-

-

-

-

-

-

-

-

4,048

Other operating expenses, net

1,058

943

1,031

1,056

1,109

1,110

989

1,126

878

958

2,772

Total noninterest expense

31,521

27,965

25,404

24,934

25,312

24,373

21,678

20,802

18,851

18,221

22,582

Income before income taxes

21,041

21,419

21,281

22,539

20,821

20,866

18,611

18,929

18,471

17,470

11,298

Provision for income taxes

3,847

4,406

7,584

6,804

5,806

5,615

4,657

4,747

4,550

4,504

2,292

Net income

17,194

17,013

13,697

15,734

15,014

15,251

13,953

14,182

13,920

12,966

9,005

Basic and diluted earnings per share (in dollars per share)

1.86

1.83

1.47

1.69

1.61

1.64

1.50

1.52

1.48

1.37

-

Basic and diluted earnings per share

-

-

-

-

-

-

-

-

-

-

0.95

Fiduciary and Trust [Member]
Noninterest income

3,596

3,344

3,060

-

-

-

-

-

-

-

-

Financial Service [Member]
Noninterest income

1,619

1,425

1,515

-

-

-

-

-

-

-

-

Credit and Debit Card [Member]
Noninterest income

1,525

1,427

1,375

-

-

-

-

-

-

-

-