Major Rating Factors:
A current level of 0.0 percent of nonperforming loans to core capital combined with 0.2 percent from a year earlier contributes to the Excellent asset quality (9.3). Excellent current capitalization (7.3 on a scale of 0 to 10) based on a risk-based capital ratio of 13.1 and a capital leverage ratio of 9.2.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.0 on a scale of 0 to 10). Fair liquidity 4.3, driven by a liquidity ratio of 32.6 percent and a “hot money” ratio of 13.2 percent.
Asset Mix:
Securities (44%), cash (12%), comm re (9%), home mtgs (7%), comm loans (3%), home eq lns (2%), other (22%)
States with Branches:
IA
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Ames National Corporation
Investment Rating
Address
716 Eighth Street
Boone, IA 50036
Boone, IA 50036
Phone Number
(515) 432-6200
Year Founded
1883
FDIC Number
Website
Largest Affiliates
Ames, IA
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Bank
Story City, IA
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Bank
Nevada, IA
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Bank
Marshalltown, IA
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Bank