Ames National Corporation was established in 1975 to serve as a holding company for First National Bank, Ames, Iowa, which was founded in 1903. Since that time State Bank & Trust Co., Nevada, Iowa; Boone Bank & Trust Co., Boone, Iowa; Reliance State Bank in Story City and Garner, Iowa; United Bank & Trust, Marshalltown, Iowa; and Iowa State Savings Bank in Creston and Lenox, Iowa, have affiliated with the Company.
The Nasdaq Listing Qualifications Panel approved Ames National Corporation to list its common stock on the Nasdaq SmallCap Market on December 3, 2004.