Ames National Corporation (ATLO)

18.77 +0.31 (+1.68%) At close: 12:21PM EDT

Ames National Corporation

405 5th Street
Box 846
Ames, IA 50010
United States
515 232 6251
https://www.amesnational.com

Sector(s): Financial Services
Industry: Banks - Regional
Full Time Employees: 268

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. John P. Nelson	President, CEO & Director	409.76k	N/A	1967
Mr. Scott T. Bauer	President & Director of First National Bank	282.22k	N/A	1963
Mr. Michael A. Wilson	Executive VP & Chief Lending Officer	270.52k	N/A	1965
Mr. Justin C. Clausen	Chief Accounting Officer & CFO	N/A	N/A	1988
Mr. Timothy J. Lupardus	Senior VP & Chief Information Officer	N/A	N/A	N/A
Ms. Lori J. Hill	Valuation Services Coordinator & Administrative Officer	N/A	N/A	N/A
Dena M. Gray-Fisher	VP & Marketing Director	N/A	N/A	N/A
Ms. Jennifer J. Hanson	VP & Human Resources Director	N/A	N/A	N/A
Joel L. Regenwether	Senior VP & Operations Project Manager	N/A	N/A	N/A
Mr. Jeffrey K. Putzier	President & Director of Boone Bank & Trust Co.	200.6k	N/A	1962

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Ames National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, and Union counties in central, north central, and south-central Iowa. The company accepts various deposit products, including checking and savings accounts; and time deposits, such as money market accounts and certificates of deposit. It also provides loans, such as short-term and medium-term commercial and agricultural real estate, residential real estate loans, equipment, vehicle, and home improvement loans; consumer loans to finance consumer purchases, such as automobiles, trucks, recreational vehicles, household furnishings, boats, personal loans, and lines of credit; agricultural and business operating loans and lines of credit; and originates mortgage loans for sale into the secondary market. In addition, the company offers cash management, merchant credit card processing, safe deposit box, wire transfer, direct deposit, and automated/video teller machine access services; and automatic drafts for various accounts, as well as wealth management services. Further, it provides farm management, investment, and custodial services for individuals, businesses, and non-profit organizations; and online, mobile, and private banking services. Ames National Corporation was incorporated in 1903 and is headquartered in Ames, Iowa.

Corporate Governance

Ames National Corporation’s ISS Governance QualityScore as of September 1, 2024 is 3. The pillar scores are Audit: 4; Board: 5; Shareholder Rights: 3; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.