AMES NATIONAL CORPORATION
Income Statement
| Line Item | FY2010 | FY2009 |
|---|---|---|
| Revenue | $36.4M | $35.4M |
| Cost of Revenue | — | — |
| Gross Profit | — | — |
| Gross Margin | — | — |
| Operating Expenses | ||
| Research & Development | — | — |
| SG&A Expense | — | — |
| Operating Income | $25.2M | $21.5M |
| Operating Margin | 69.4% | 60.7% |
| Interest Expense | $7.8M | $10.2M |
| Pretax Income | $17.5M | $11.3M |
| Income Tax Expense | $4.5M | $2.3M |
| Net Income | $13.0M | $9.0M |
| Net Margin | 35.7% | 25.4% |
| EPS (Basic) | $1.37 | — |
| EPS (Diluted) | $1.37 | $0.95 |
| Shares Outstanding (Basic) | 9.4M | 9.4M |
| Shares Outstanding (Diluted) | 9.4M | 9.4M |
| Dividends Per Share | $0.44 | $0.40 |