Ames National Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023

Ames National Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 11.3 million compared to USD 13.64 million a year ago. Net income was USD 2.56 million compared to USD 4.19 million a year ago. Basic earnings per share from continuing operations was USD 0.28 compared to USD 0.46 a year ago. Diluted earnings per share from continuing operations was USD 0.28 compared to USD 0.46 a year ago.
For the six months, net interest income was USD 22.97 million compared to USD 26.79 million a year ago. Net income was USD 5.75 million compared to USD 9.34 million a year ago. Basic earnings per share from continuing operations was USD 0.64 compared to USD 1.03 a year ago. Diluted earnings per share from continuing operations was USD 0.64 compared to USD 1.03 a year ago.

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