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ANNUAL MEETING
The Board of Directors of Ames National
Corporation has established Wednesday, April 24,
2013, at 4:30 p.m. as the date of the Annual Meeting
of Shareholders. We invite all shareholders to
attend the meeting, which will be held at Reiman
Gardens, 1407 University Blvd., Ames, Iowa.
STOCK INFORMATION
Ames National
Corporation's common stock is listed in the
NASDAQ Capital Market under the symbol "ATLO".
Market makers and brokers in the stock include:
First Point Wealth Management located at First
National Bank (515) 663-3074
Stifel Nicolaus (515) 233-4064
Monroe Securities, Inc. (800) 766-5560
Raymond James (800) 800-4693
FTN Financial Group (800) 456-5460
Transfer
Agent:
Illinois Stock Transfer Company
433 S. Carlton Avenue
Wheaton, IL 60187
(630) 480-0393
The Company filings with the
Securities and Exchange Commission can be
located at
www.sec.gov/edgar/searchedgar/companysearch.html
by typing “Ames National” in the company search
field.
MARKET
PRICE & DIVIDEND INFORMATION
On February 25, 2013,
the Company had approximately 454 shareholders and
an estimated 1,065 beneficial owners whose shares
were held in nominee titles through brokerage or
other accounts. The Company's common stock is traded
on the
NASDAQ Capital Market under the symbol “ATLO”.
Trading in the Company's common stock is, however,
relatively limited. The closing price of the
Company's common stock was $20.70 on February 28, 2013.
Below is a summary of the
Company's high and low sales price for the common
stock on a per share basis. The comparison
also outlines the Company's declared cash dividends
during the past two years and the declared cash
dividends for the current year. The Company declared
aggregate annual cash dividends in 2012 and 2011 of
$5,587,000 and $4,876,000, respectively, or $0.60
per share in 2012 and $0.52 per share in 2011. In
February 2013, the Company declared a cash dividend
of $1,490,000, or $0.16 per share.
MARKET
PRICE & DIVIDEND COMPARISON
2013
|
Market Price |
Cash
Dividends |
|
Quarter
|
High |
Low |
Declared |
|
1st |
$22.91 |
$19.92 |
$0.16 |
|
2nd |
|
|
|
|
3rd |
|
|
|
|
4th |
|
|
|
|
|
|
|
2012
|
Market Price |
Cash
Dividends |
|
Quarter
|
High |
Low |
Declared |
|
1st |
$24.00 |
$18.30 |
$0.15 |
|
2nd |
$24.00 |
$19.51 |
$0.15 |
|
3rd |
$23.72 |
$20.06 |
$0.15 |
|
4th |
$21.99 |
$18.39 |
$0.15 |
|
|
|
|
2011
|
Market Price |
Cash
Dividends |
|
Quarter
|
High |
Low |
Declared |
|
1st |
$21.92 |
$17.13 |
$0.13 |
|
2nd |
$19.25 |
$16.55 |
$0.13 |
|
3rd |
$18.75 |
$14.15 |
$0.13 |
|
4th |
$19.88 |
$15.25 |
$0.13 |
|
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The decision to declare any such
cash dividends in the future and the amount
thereof rests within the discretion of the Board
of Directors of the Company and will be subject
to, among other things, the future earnings,
capital requirements and financial condition of
the Company and certain regulatory restrictions
imposed on the payment of dividends by the
Banks. Such restrictions are discussed in
greater detail in Management's Discussion and
Analysis of Financial Condition and Results of
Operations – Liquidity and Capital Resources and
Notes of the Company's financial statements
included in the 2012 Annual Report.
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