Name | Value |
---|---|
Revenues | 23.2M |
Cost of Revenue | 0.3M |
Gross Profit | 22.8M |
Operating Expense | 3.6M |
Operating I/L | 3.0M |
Other Income/Expense | -0.4M |
Interest Income | 2.6M |
Pretax | 2.6M |
Income Tax Expense | 0.4M |
Net Income/Loss | 2.2M |
Ames National Corporation is a multi-bank holding company providing a range of banking products and services in central, north-central, and south-central Iowa. The company generates revenue through accepting various deposits, including checking, savings, money market accounts, and certificates of deposit, as well as offering a diverse portfolio of loans, such as commercial, agricultural, residential real estate, and personal loans. Additionally, it provides cash management, merchant credit card processing, wealth management, and online/mobile banking services. Ames National Corporation also offers farm management, investment, and custodial services for individuals, businesses, and non-profit organizations.