News and Events

News & Events

Date: 4/29/2016

Title: Ames National Corporation Holds Annual Meeting (4/29/16)




The Company’s annual meeting of shareholders was held on April 27, 2016, at Reiman Gardens in Ames, Iowa. 


Proposal 1.


The stockholders elected to the Company’s Board of Directors for a term of three years were David W. Benson, John P. Nelson, Richard O. Parker, and Kevin L. Swartz.  Directors whose term of office continued after the annual meeting consist of Lisa M. Eslinger, Steven D. Forth, Douglas C. Gustafson DVM, Betty A. Baudler Horras, James R. Larson II and Thomas H. Pohlman.


Proposal 2.

The stockholders also ratified the appointment of CliftonLarsonAllen LLP to continue as the Company’s independent registered public accounting firm for 2016.


There were 9,310,913 shares of common stock entitled to vote at the annual meeting.  The final voting results of each proposal are set forth below.


Proposal 1.     The voting results on the election of directors for a three-year term were as follows:


                                                                                       Votes                                Broker

                                                 In Favor                      Withheld                           Non-Votes

David W. Benson                      4,009,133                      119,738                           2,008,382

John P. Nelson                         3,985,942                       142,929                          2,008,382

Richard O. Parker                    3,957,184                       171,687                          2,008,382

Kevin L. Swartz                        3,975,717                       153,154                          2,008,382



Proposal 2.     


The voting results on the ratification of the appointment of CliftonLarsonAllen LLP as the Company’s independent registered public accounting firm were as follows:


                                             For                        Against                              Abstain


                                   6,115,489                           6,221                               15,543


 There were no broker non-votes on this proposal.


About Ames National Corporation

Ames National Corporation is listed on the NASDAQ Capital Market under the ticker symbol, ATLO. The Corporation affiliate banks, all located in central Iowa, include: First National Bank, Ames, Boone Bank & Trust Co., Boone, State Bank & Trust Co., Nevada, Reliance State Bank, Story City, and United Bank & Trust, Marshalltown. Information regarding the process for purchasing stock can be obtained through Richard Nelson at First Point Wealth Management, (515) 663-3074.

For further information contact:
Thomas H. Pohlman, President and CEO
(515) 232-6251 or [email protected]