Ames National Corporation
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $126.8M | $101.2M | $55.1M | $27.9M | $89.1M | $173.1M | $34.6M | $30.4M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment | $20.9M | $21.6M | $22.5M | $18.9M | $17.5M | $17.3M | $17.8M | $15.8M |
| Goodwill | $12.4M | $12.4M | $12.4M | $12.4M | $12.4M | $12.4M | $12.1M | $9.7M |
| Intangible Assets (Excl. Goodwill) | $791.0K | $1.1M | $1.4M | $1.9M | $2.5M | $3.1M | $4.0M | $2.7M |
| Total Assets | $2.13B | $2.13B | $2.16B | $2.13B | $2.14B | $1.98B | $1.74B | $1.46B |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | — | — | — | — | — | — | — | — |
| Long-Term Debt | $18.4M | $20.0M | $3.5M | — | — | — | — | — |
| Total Liabilities | $1.93B | $1.96B | $1.99B | $1.99B | $1.93B | $1.77B | $1.55B | $1.28B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $196.0M | $182.2M | $180.4M | $179.9M | $170.4M | $158.2M | $146.2M | $137.9M |
| Total Stockholders' Equity | $207.9M | $174.7M | $165.8M | $149.1M | $207.8M | $209.5M | $187.6M | $172.9M |