Ames National Corporation reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported net interest income was USD 10.97 million compared to USD 12.79 million a year ago. Net income was USD 2.14 million compared to USD 4.41 million a year ago. Basic earnings per share from continuing operations was USD 0.24 compared to USD 0.49 a year ago.
For the full year, net interest income was USD 44.63 million compared to USD 53.24 million a year ago. Net income was USD 10.82 million compared to USD 19.29 million a year ago. Basic earnings per share from continuing operations was USD 1.2 compared to USD 2.14 a year ago.