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8-K - FORM 8-K - AMES NATIONAL CORPatlo20201014_8k.htm

Exhibit 99.1

PRESS RELEASE 

 

 

FOR IMMEDIATE RELEASE

CONTACT:

JOHN P. NELSON

   

PRESIDENT

   

(515) 232-6251

 

 

October 15, 2020

 

AMES NATIONAL CORPORATION DECLARED CASH DIVIDEND

 

AMES, IOWA – On October 14, 2020 Ames National Corporation (the “Company”) declared a cash dividend of $0.25 per common share. The dividend is payable November 13, 2020, to shareholders of record at the close of business on October 30, 2020.

 

Ames National Corporation is listed on the NASDAQ Capital Market under the ticker symbol, ATLO. The Company’s affiliate banks include: First National Bank, Ames, Iowa; Boone Bank & Trust Co., Boone, Iowa; State Bank & Trust Co., Nevada, Iowa; Iowa State Savings Bank, Creston, Iowa; Reliance State Bank, Story City, Iowa; and United Bank & Trust NA, Marshalltown, Iowa. Additional information about the Company can be found at www.amesnational.com.