Boone, IA · Cert 33552 · Ames National Corp.
State charter, non-member · FDIC · 2 branches
Q2 2026
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Banks under $1B in assets operating in a single state (n=743 to 746). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
39
Asset Quality
54
Profitability
33
Liquidity
29
Efficiency
64
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
Boone, IA · Cert 33552 · Ames National Corp.
State charter, non-member · FDIC · 5 affiliate banks · 2 branches (19 in holding)
Q2 2026
Market Position · Ames, IA · 2026 SOD (annual) · 3.7% share · #9 of 26 inst. · $0.1B of $3.8B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.30% | 0.38% | 0.53% | 0.60% | 0.62% | 0.65% | 0.96% | 0.88% | +28 bps | |
| Return on Equity | 4.95% | 6.08% | 8.18% | 8.83% | 9.02% | 9.09% | 12.43% | 11.05% | +223 bps | |
| Net Interest Margin | 1.83% | 1.86% | 2.10% | 2.19% | 2.25% | 2.26% | 2.47% | 2.50% | +30 bps | |
| Efficiency Ratio | 79.02% | 76.59% | 71.99% | 69.34% | 68.24% | 67.47% | 61.23% | 59.44% | -991 bps | |
| Non-Interest Burden | 1.36% | 1.33% | 1.41% | 1.41% | 1.40% | 1.39% | 1.34% | 1.28% | -12 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.35% | 4.90% | 0.46% | -1.00% | -0.62% | 2.36% | -0.91% | -0.55% | +45 bps | |
| Loan Growth (YoY) | 15.47% | 12.47% | 7.74% | 9.71% | 5.93% | 5.46% | 3.62% | 6.68% | -303 bps | |
| Deposit Growth (YoY) | 5.90% | 8.92% | -0.70% | -5.83% | -1.26% | -2.57% | -2.02% | 2.03% | +786 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.92% | 2.45% | +245 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | -1 bps | |
| Allowance / Loans | 1.35% | 1.30% | 1.28% | 1.30% | 1.32% | 1.31% | 1.26% | 1.40% | +9 bps | |
| Allowance Coverage of NPLs | n/a | 475.5x | 472.5x | n/a | n/a | n/a | 0.7x | 0.6x | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.21% | 9.14% | 9.17% | 9.22% | 9.50% | 9.44% | 9.74% | 9.72% | +50 bps | |
| Total Risk-Based Capital | 13.02% | 13.48% | 13.05% | 13.55% | 13.53% | 13.72% | 13.92% | 14.53% | +98 bps | |
| Equity / Assets | 6.47% | 6.59% | 6.37% | 7.56% | 7.14% | 8.14% | 7.37% | 8.38% | +82 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 43.40% | 50.13% | 45.06% | 53.16% | 46.56% | 54.27% | 47.65% | 55.58% | +242 bps | |
| Liquid Assets / Assets | 11.89% | 0.88% | 10.64% | 0.23% | 8.98% | 0.41% | 8.62% | 0.48% | +26 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 166.63% | 165.64% | 169.98% | n/a | n/a | |
Boone, IA · Cert 33552 · Peer group: banks under $1B in assets operating in a single state (n=743-746) · Ames National Corp.
State charter, non-member · FDIC · 5 affiliate banks · 2 branches (19 in holding)
Q2 2026
Return on Assets
0.92%
Rank 452 of 746
Net Interest Margin
2.50%
Rank 695 of 746
Efficiency Ratio
59.44%
Rank 273 of 746
Equity / Assets
8.38%
Rank 614 of 746
| Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 0.92% | 0.72% | 1.06% | 1.45% | Beats 39% | 452 / 746 | ||
| Return on Equity | 10.93% | 6.74% | 10.51% | 13.63% | Beats 54% | 344 / 746 | ||
| Net Interest Margin | 2.50% | 3.17% | 3.68% | 4.16% | Beats 7% | 695 / 746 | ||
| Efficiency Ratio | 59.44% | 55.74% | 64.58% | 75.47% | Beats 64% | 273 / 746 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 2.45% | 0.09% | 0.42% | 1.07% | Beats 8% | 682 / 743 | ||
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.01% | 0.05% | Beats 100% | 185 / 743 | ||
| Capital | ||||||||
| Tier 1 Capital Ratio | 13.53% | 11.55% | 13.75% | 17.60% | Beats 47% | 395 / 746 | ||
| Total Risk-Based Capital Ratio | 14.53% | 11.71% | 14.33% | 18.43% | Beats 51% | 369 / 746 | ||
| Equity / Assets | 8.38% | 8.90% | 10.51% | 13.06% | Beats 18% | 614 / 746 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 55.58% | 61.31% | 78.27% | 90.78% | 18th pctl | 611 / 746 | ||
| Loans / Assets | 50.64% | 53.60% | 66.97% | 76.08% | 21st pctl | 587 / 746 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||