Ames National Corporation
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $48.2M | $48.0M | $47.2M | $45.7M | $41.1M | $39.8M | $37.9M | $36.4M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $26.9M | $26.7M | $25.0M | $25.4M | $23.7M | $24.7M | $25.2M | $25.2M |
| Operating Margin | 55.7% | 55.6% | 52.9% | 55.6% | 57.7% | 62.1% | 66.6% | 69.4% |
| Interest Expense | $5.6M | $4.1M | $4.2M | $4.5M | $5.1M | $5.8M | $6.7M | $7.8M |
| Pretax Income | $21.3M | $22.5M | $20.8M | $20.9M | $18.6M | $18.9M | $18.5M | $17.5M |
| Income Tax Expense | $7.6M | $6.8M | $5.8M | $5.6M | $4.7M | $4.7M | $4.6M | $4.5M |
| Net Income | $13.7M | $15.7M | $15.0M | $15.3M | $14.0M | $14.2M | $13.9M | $13.0M |
| Net Margin | 28.4% | 32.8% | 31.8% | 33.4% | 34.0% | 35.7% | 36.8% | 35.7% |
| EPS (Basic) | $1.47 | $1.69 | $1.61 | $1.64 | $1.50 | $1.52 | $1.48 | $1.37 |
| EPS (Diluted) | $1.47 | $1.69 | $1.61 | $1.64 | $1.50 | $1.52 | $1.48 | $1.37 |
| Shares Outstanding (Basic) | 9.3M | 9.3M | 9.3M | 9.3M | 9.3M | 9.3M | 9.4M | 9.4M |
| Shares Outstanding (Diluted) | 9.3M | 9.3M | 9.3M | 9.3M | 9.3M | 9.3M | 9.4M | 9.4M |
| Dividends Per Share | — | — | $0.80 | $0.72 | $0.64 | $0.60 | $0.52 | $0.44 |