Ames National Corporation
Ames National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, Taylor, 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 certificat… Read more
Ames National Corporation (ATLO) - Net Assets
Latest net assets as of December 2025: $207.89 Million USD
Based on the latest financial reports, Ames National Corporation (ATLO) has net assets worth $207.89 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.13 Billion) and total liabilities ($1.93 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $207.89 Million |
| % of Total Assets | 9.74% |
| Annual Growth Rate | 3.59% |
| 5-Year Change | 0.06% |
| 10-Year Change | 25.92% |
| Growth Volatility | 8.47 |
Ames National Corporation - Net Assets Trend (2000–2025)
This chart illustrates how Ames National Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ames National Corporation (2000–2025)
The table below shows the annual net assets of Ames National Corporation from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $207.89 Million | +19.00% |
| 2024-12-31 | $174.71 Million | +5.38% |
| 2023-12-31 | $165.79 Million | +11.19% |
| 2022-12-31 | $149.10 Million | -28.24% |
| 2021-12-31 | $207.78 Million | -0.82% |
| 2020-12-31 | $209.49 Million | +11.68% |
| 2019-12-31 | $187.58 Million | +8.51% |
| 2018-12-31 | $172.87 Million | +1.24% |
| 2017-12-31 | $170.75 Million | +3.42% |
| 2016-12-31 | $165.11 Million | +2.39% |
| 2015-12-31 | $161.25 Million | +4.25% |
| 2014-12-31 | $154.67 Million | +8.84% |
| 2013-12-31 | $142.11 Million | -1.82% |
| 2012-12-31 | $144.74 Million | +7.56% |
| 2011-12-31 | $134.56 Million | +10.87% |
| 2010-12-31 | $121.36 Million | +8.03% |
| 2009-12-31 | $112.34 Million | +8.19% |
| 2008-12-31 | $103.84 Million | -5.62% |
| 2007-12-31 | $110.02 Million | -2.57% |
| 2006-12-31 | $112.92 Million | +3.38% |
| 2005-12-31 | $109.23 Million | -1.53% |
| 2004-12-31 | $110.92 Million | +3.35% |
| 2003-12-31 | $107.33 Million | +5.71% |
| 2002-12-31 | $101.52 Million | +8.44% |
| 2001-12-31 | $93.62 Million | +8.64% |
| 2000-12-31 | $86.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ames National Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 345.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $195.99 Million | 94.28% |
| Common Stock | $17.71 Million | 8.52% |
| Other Comprehensive Income | $-17.95 Million | -8.63% |
| Other Components | $12.13 Million | 5.84% |
| Total Equity | $207.89 Million | 100.00% |
Ames National Corporation Competitors by Market Cap
The table below lists competitors of Ames National Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CCS Supply Chain Management Co Ltd
SHG:600180
|
$189.59 Million |
|
Tourism Holdings Rentals Ltd
AU:THL
|
$189.67 Million |
|
Kerjaya Prospek Group Bhd
KLSE:7161
|
$189.70 Million |
|
Ningbo Changhong Polymer Scientific & Technical Inc
SHG:605008
|
$189.71 Million |
|
Ege Endustri ve Ticaret AS
IS:EGEEN
|
$189.58 Million |
|
China Master Logistics Co Ltd
SHG:603967
|
$189.52 Million |
|
LINKBANCORP Inc
NASDAQ:LNKB
|
$189.48 Million |
|
Zhejiang Zhe Kuang Heavy Industry
SHE:300837
|
$189.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ames National Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 174,706,000 to 207,894,000, a change of 33,188,000 (19.0%).
- Net income of 19,027,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 21,115,000.
- Other factors decreased equity by 6,954,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $19.03 Million | +9.15% |
| Other Comprehensive Income | $21.11 Million | +10.16% |
| Other Changes | $-6.95 Million | -3.34% |
| Total Change | $- | 19.00% |
Book Value vs Market Value Analysis
This analysis compares Ames National Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.15x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.91x to 1.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $9.20 | $26.81 | x |
| 2001-12-31 | $10.00 | $26.81 | x |
| 2002-12-31 | $10.83 | $26.81 | x |
| 2003-12-31 | $11.42 | $26.81 | x |
| 2004-12-31 | $11.78 | $26.81 | x |
| 2005-12-31 | $11.57 | $26.81 | x |
| 2006-12-31 | $11.97 | $26.81 | x |
| 2007-12-31 | $11.68 | $26.81 | x |
| 2008-12-31 | $11.01 | $26.81 | x |
| 2009-12-31 | $11.85 | $26.81 | x |
| 2010-12-31 | $12.87 | $26.81 | x |
| 2011-12-31 | $14.32 | $26.81 | x |
| 2012-12-31 | $15.54 | $26.81 | x |
| 2013-12-31 | $15.28 | $26.81 | x |
| 2014-12-31 | $16.63 | $26.81 | x |
| 2015-12-31 | $17.29 | $26.81 | x |
| 2016-12-31 | $17.73 | $26.81 | x |
| 2017-12-31 | $18.33 | $26.81 | x |
| 2018-12-31 | $18.57 | $26.81 | x |
| 2019-12-31 | $20.31 | $26.81 | x |
| 2020-12-31 | $22.90 | $26.81 | x |
| 2021-12-31 | $22.80 | $26.81 | x |
| 2022-12-31 | $16.51 | $26.81 | x |
| 2023-12-31 | $18.44 | $26.81 | x |
| 2024-12-31 | $19.43 | $26.81 | x |
| 2025-12-31 | $23.30 | $26.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ames National Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.15%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.36%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 10.26x
- Recent ROE (9.15%) is below the historical average (9.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 10.58% | 31.61% | 0.05x | 7.19x | $501.12K |
| 2001 | 11.27% | 22.66% | 0.07x | 6.65x | $1.19 Million |
| 2002 | 11.17% | 27.39% | 0.06x | 6.67x | $1.19 Million |
| 2003 | 10.83% | 27.84% | 0.06x | 7.01x | $892.18K |
| 2004 | 11.17% | 29.07% | 0.05x | 7.57x | $1.30 Million |
| 2005 | 10.63% | 24.74% | 0.06x | 7.50x | $685.84K |
| 2006 | 9.69% | 21.47% | 0.06x | 7.43x | $-348.68K |
| 2007 | 10.01% | 20.10% | 0.06x | 7.83x | $6.90K |
| 2008 | 6.12% | 11.64% | 0.06x | 8.26x | $-4.03 Million |
| 2009 | 8.02% | 19.64% | 0.05x | 8.15x | $-2.23 Million |
| 2010 | 10.68% | 29.38% | 0.05x | 7.93x | $829.97K |
| 2011 | 10.35% | 31.22% | 0.04x | 7.70x | $465.11K |
| 2012 | 9.80% | 31.17% | 0.04x | 8.41x | $-291.29K |
| 2013 | 9.82% | 30.23% | 0.04x | 8.68x | $-256.96K |
| 2014 | 9.86% | 31.14% | 0.04x | 8.41x | $-216.23K |
| 2015 | 9.31% | 29.20% | 0.04x | 8.23x | $-1.11 Million |
| 2016 | 9.53% | 30.18% | 0.04x | 8.28x | $-775.75K |
| 2017 | 8.02% | 25.47% | 0.04x | 8.05x | $-3.38 Million |
| 2018 | 9.84% | 29.52% | 0.04x | 8.42x | $-272.63K |
| 2019 | 9.17% | 26.53% | 0.04x | 9.26x | $-1.56 Million |
| 2020 | 9.00% | 25.62% | 0.04x | 9.43x | $-2.10 Million |
| 2021 | 11.51% | 33.67% | 0.03x | 10.29x | $3.14 Million |
| 2022 | 12.94% | 27.08% | 0.03x | 14.32x | $4.38 Million |
| 2023 | 6.52% | 12.95% | 0.04x | 13.00x | $-5.76 Million |
| 2024 | 5.85% | 11.05% | 0.04x | 12.21x | $-7.25 Million |
| 2025 | 9.15% | 19.36% | 0.05x | 10.26x | $-1.76 Million |
Industry Comparison
This section compares Ames National Corporation's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ames National Corporation (ATLO) | $207.89 Million | 10.58% | 9.26x | $189.58 Million |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |