Ames National (ATLO) - 2024 Q3 - Quarterly Results

EXHIBIT 99.1 NEWS RELEASE CONTACT: JOHN P. NELSON FOR IMMEDIATE RELEASE CEO AND PRESIDENT (515) 232-6251 OCTOBER 18, 2024 AMES NATIONAL CORPORATION ANNOUNCES EARNINGS FOR THE THIRD QUARTER OF 2024 Ames, Iowa – Ames National Corporation (Nasdaq: ATLO; the "Company") today reported net income for the third quarter of 2024 of $2.2 million, or $0.25 per share, compared to $2.9 million, or $0.33 per share, earned in the third quarter of 2023. For the nine months ended September 30, 2024, net income for the Compa ...