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Ames National Corporation (ATLO)

NasdaqCM - NasdaqCM Real-time price. Currency in USD
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20.04+0.45 (+2.30%)
At close: 04:00PM EDT
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After hours: 04:01PM 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
IndustryBanks - Regional
Full-time employees254

Key executives

NameTitlePayExercisedYear born
Mr. John P. NelsonPresident, CEO & Director409.76kN/A1967
Mr. John L. Pierschbacher CPACFO, Secretary & Director294.43kN/A1959
Mr. Justin C. ClausenChief Accounting OfficerN/AN/A1987
Mr. Timothy J. LupardusSenior VP & Chief Information OfficerN/AN/AN/A
Ms. Lori J. HillValuation Services Coordinator & Administrative OfficerN/AN/AN/A
Dena M. Gray-FisherVP & Marketing DirectorN/AN/AN/A
Ms. Jennifer J. HansonVP & Human Resources DirectorN/AN/AN/A
Joel L. RegenwetherSenior VP & Operations Project ManagerN/AN/AN/A
Mr. Jeffrey K. PutzierPresident & Director of Boone Bank & Trust Co.200.6kN/A1962
Mr. Scott T. BauerPresident & Director of First National Bank315.99kN/A1963
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes 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 1 March 2024 is 3. The pillar scores are Audit: 9; Board: 3; 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 10 indicates higher governance risk.