AMES NATIONAL CORPORATION
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $5.9M | $6.0M | $6.5M | $4.6M | $4.5M | $3.4M | $3.5M | $2.2M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $316.0K | $315.0K | $319.0K | $332.0K | $321.0K | $317.0K | $358.0K | $343.0K |
| Amortization | $68.0K | $69.0K | $70.0K | $77.0K | $77.0K | $77.0K | $78.0K | $86.0K |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $3.4M | $8.4M | $7.5M | $2.8M | $4.0M | $7.1M | $5.9M | $3.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $273.0K | $405.0K | $231.0K | $101.0K | $115.0K | $195.0K | $67.0K | $67.0K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $10.2M | $-22.3M | $-4.2M | $5.1M | $27.9M | $15.5M | $20.4M | $15.0M |
| Financing Activities | ||||||||
| Dividends Paid | $2.1M | $2.1M | $1.8M | $1.8M | $1.8M | $1.8M | $1.8M | $2.4M |
| Stock Repurchases | $0 | $0 | $733.0K | $122.0K | $279.0K | $550.0K | $704.0K | $0 |
| Net Cash from Financing Activities | $-24.5M | $5.4M | $15.4M | $5.1M | $-100.1M | $39.6M | $16.0M | $-22.6M |
| Net Change in Cash | $-10.9M | $-8.6M | $18.6M | $13.0M | $-68.2M | $62.2M | $42.3M | $-4.5M |
| Free Cash Flow | $3.2M | $8.0M | $7.2M | $2.7M | $3.9M | $6.9M | $5.9M | $3.0M |