ATLO Ames National Corporation

Margins & Returns

Ames National Corporation operates as a multi-bank holding company, delivering a comprehensive suite of banking products and services across central, north-central, and south-central Iowa. Its primary operational footprint covers Boone, Clarke, Hancock, Marshall, Polk, Story, and Union counties. The institution accepts a variety of deposit types, including checking and savings accounts, alongside time deposits such as money market accounts and certificates of deposit. Its lending portfolio is extensive, offering short-term and medium-term financing for commercial and agricultural real estate, residential mortgages, equipment, vehicles, and home improvements. Ames National also provides personal loans and lines of credit, in addition to operating loans and lines of credit for agricultural and business ventures. Furthermore, it originates mortgage loans specifically for sale into the secondary market. Beyond core banking, the company furnishes numerous supplementary services. These include cash management, merchant credit card processing, safe deposit boxes, wire transfers, direct deposit options for payroll and social security checks, and access to automated/video teller machines. Clients can also set up automatic drafts for various accounts and benefit from wealth management services. The corporation extends its offerings to include farm management, investment advice, and custodial services for individuals, businesses, and non-profit organizations, complemented by modern conveniences like online, mobile, and private banking. Ames National Corporation was established in 1903 and is headquartered in Ames, Iowa.