atlo: the income statement

MyFinsight

AMES NATIONAL CORP (ATLO)

For the quarter ending 2025-06-30, ATLO made $24,126K in revenue. $4,511K in net income. Net profit margin of 18.70%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30	2024-09-30	2024-06-30
Noninterest income-Credit And Debit Card	392	-	-
Noninterest income-Financial Service	378	-	-
Noninterest income-Fiduciary And Trust	1,518	-	-
Other noninterest income	203	234	213
Gain on sale of loans held for sale	150	112	166
Securities (losses), net	-	-	-
Noninterest income	-	2,067	2,240
Total noninterest income	2,641	2,413	2,619
Professional fees	540	867	863
Other operating expenses, net	306	268	314
Occupancy expenses, net	728	745	716
Salaries and employee benefits	6,479	6,291	6,437
Data processing	1,456	1,475	1,568
Fdic insurance assessments	275	281	296
Business development	311	318	285
Intangible asset amortization	77	86	86
New market tax credit projects amortization	191	174	175
Total noninterest expense	10,363	10,505	10,740
Credit loss expense	108	371	182
Deposits	7,387	8,278	8,170
Other borrowed funds	632	1,357	1,493
Total interest expense	8,019	9,635	9,663
Other interest and dividend income	1,252	495	780
Tax-exempt	450	481	508
Taxable	3,116	2,985	3,027
Loans, including fees	16,667	16,751	16,220
Total interest and dividend income	21,485	20,712	20,535
Net interest income	13,466	11,077	10,872
Net interest income after credit loss expense	13,358	10,706	10,690
Income before income taxes	5,636	2,614	2,569
Provision for income taxes	1,125	397	385
Net income	4,511	2,217	2,184

Basic and diluted earnings per share (in dollars per share)	0.51	0.25	0.24
Us-gaap_weightedaveragenumberofsharesoutstandingbasic	8,900,515	8,992,167	8,992,167

Unit: Thousand (K) dollars (except for numbers of shares and EPS)