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Ames National Corp.

Ames National Corp.

Sector: Offices Of Bank Holding Companies Region: IA, United States


: | Nasdaq: ATLO


Similar to: Huntington Bancshares, Inc.

Ames National Corp. operates as a bank holding company. It owns and operates five bank subsidiaries which include First National Bank, State Bank & Trust Co., Boone Bank & Trust Co., Reliance State Bank, and United Bank & Trust NA. These banks' lending activities consist primarily of short-term and medium-term commercial and agricultural real estate loans, residential real estate loans, agricultural and business operating loans and lines of credit, equipment loans, vehicle loans, personal loans and lines of credit, home improvement loans and origination of mortgage loans for sale into the secondary market. The banks also offer a variety of demand, savings and time deposits, cash management services, merchant credit card processing, safe deposit boxes, wire transfers, direct deposit of payroll and social security checks and automated teller machine access. The company provides various services to the banks which include but are not limited to, management assistance, internal auditing services, human resources services and administration, compliance management, marketing assistance and coordination, loan review and support with respect to computer systems and related procedures. Ames National was founded on January 21, 1975 and is headquartered in Ames, IA.

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