Ames National Balance Sheet Health
Financial Health criteria checks 6/6
Ames National has total assets of $2.2B and total equity of $165.5M. Total deposits are $1.9B, and total loans are $1.3B. It earns a Net Interest Margin of 2.2%. It has sufficient allowance for bad loans, which are currently at 1.1% of total loans. Cash and short-term investments are $119.1M.
Key information
13.2x
Asset to equity ratio
2.2%
Net interest margin
| Total deposits | US$1.87b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 1.1% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$119.06m |
Recent financial health updates
No updates
Recent updates
Ames National (NASDAQ:ATLO) Is Paying Out A Dividend Of $0.27
Mar 14
Ames National's (NASDAQ:ATLO) Dividend Will Be $0.27
Jan 20Ames National (NASDAQ:ATLO) Will Pay A Dividend Of $0.27
Dec 13Ames National (NASDAQ:ATLO) Has Affirmed Its Dividend Of $0.27
Oct 23Ames National (NASDAQ:ATLO) Is Due To Pay A Dividend Of $0.27
Aug 30Ames National (NASDAQ:ATLO) Has Announced A Dividend Of $0.27
Aug 15Ames National (NASDAQ:ATLO) Is Paying Out A Dividend Of $0.27
Jul 24Ames National (NASDAQ:ATLO) Has Affirmed Its Dividend Of $0.27
Jun 26Ames National's (NASDAQ:ATLO) Dividend Will Be $0.27
May 18Ames National (NASDAQ:ATLO) Is Paying Out A Dividend Of $0.27
Apr 05Ames National: High Dividend Yield, Positive Earnings Outlook For Next Year
Sep 11Ames National: Running A Conservative Balance Sheet, But Watch The Book Value
Jun 17Ames National (NASDAQ:ATLO) Is Increasing Its Dividend To US$0.27
Mar 22Ames National (NASDAQ:ATLO) Is Increasing Its Dividend To US$0.27
Feb 15Ames National Bank: On Its Way To A 4.5% Dividend Yield With A Sub-40% Payout Ratio
Dec 21Ames National Corp.: Upside Due To Potential Interest Rate Hikes By End Of 2023
Sep 07Here's Why We Think Ames National (NASDAQ:ATLO) Is Well Worth Watching
Jun 14Ames National goes ex-dividend tomorrow
Apr 28Shareholders Will Probably Not Have Any Issues With Ames National Corporation's (NASDAQ:ATLO) CEO Compensation
Apr 23Is Ames National Corporation (NASDAQ:ATLO) A Smart Pick For Income Investors?
Apr 13I Built A List Of Growing Companies And Ames National (NASDAQ:ATLO) Made The Cut
Mar 09Ames National Corporation (NASDAQ:ATLO) Goes Ex-Dividend Soon
Jan 24Ames National's (NASDAQ:ATLO) Shareholders Are Down 16% On Their Shares
Jan 23How Is Ames National's (NASDAQ:ATLO) CEO Paid Relative To Peers?
Dec 01Ames National goes ex-dividend tomorrow
Oct 28Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: ATLO's Assets to Equity ratio (13.2x) is moderate.
Allowance for Bad Loans: ATLO has a sufficient allowance for bad loans (121%).
Low Risk Liabilities: 92% of ATLO's liabilities are made up of primarily low risk sources of funding.
Loan Level: ATLO has an appropriate level of Loans to Assets ratio (58%).
Low Risk Deposits: ATLO's Loans to Deposits ratio (68%) is appropriate.
Level of Bad Loans: ATLO has an appropriate level of bad loans (1.1%).