ATLO - Ames National Corporation

NasdaqCM - NasdaqCM Real Time Price. Currency in USD

Ames National Corporation

405 5th Street
Ames, IA 50010
United States

Sector : Financial Services
Industry : Banks - Regional - US
Full Time Employees : 248

Key Executives

Name Title Pay Exercised Year Born
Mr. John P. Nelson Pres, CEO & Director 417.59k N/A 1967
Mr. John L. Pierschbacher CPA CFO, Sec. & Director 232k N/A 1959
Mr. Scott T. Bauer Pres of First National Bank & Director of First National Bank 279.21k N/A 1963
Mr. Kevin G. Deardoff Sr. VP & Director of Technology N/A N/A 1955
Mr. Joel P. Jacobsen VP & Compliance Officer N/A N/A N/A
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.


Ames National Corporation operates as a multi-bank holding company that provides banking services primarily in the central, north-central, and south-central Iowa counties of Boone, Clarke, Hancock, Marshall, Polk, and Story. The company offers a range of deposits, including checking, savings, and accounts; and time deposits of various types, including money market accounts and certificates of deposit. It also provides loans, such as short-term and medium-term commercial and agricultural real estate loans, residential real estate loans, equipment loans, vehicle loans, personal loans and lines of credit, and home improvement loans, as well as 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 of payroll and social security check, and automated/video teller machine access services; and automatic drafts for various accounts, as well as trust services comprising wealth management services. Further, it provides farm management, investment, and custodial services for individuals, businesses, and non-profit organizations; and online management, mobile banking, and private banking services. The company was founded in 1903 and is based in Ames, Iowa.

Corporate Governance

Ames National Corporation’s ISS Governance QualityScore as of July 29, 2019 is 4. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 3; Compensation: 2.

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 a 10 indicates higher governance risk.