ATLO Ames National Corporation

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

 

February 11, 2015

Date of Report (Date of Earliest Event Reported)

 

 

AMES NATIONAL CORPORATION
(Exact Name of Registrant as Specified in its Charter)

 

 

IOWA	0-32637	42-1039071
(State or Other Jurisdiction of	(Commission File Number)	(I.R.S. Employer
Incorporation or Organization)		Identification No.)

 

 

405 FIFTH STREET

AMES, IOWA 50010

(Address of Principal Executive Offices)

 

 

Registrant’s Telephone Number, Including Area Code: (515) 232-6251

 

 

NOT APPLICABLE

(Former Name, Former Address and Former Fiscal Year, if Changed Since Last Report)

 

 

 

Item 5.02 Departure of Directors and Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

 

(b) Robert L. Cramer and Warren R. Madden will retire as Directors of Ames National Corporation (the “Company”) effective as of the end of their current terms of service, which will conclude at the Company’s annual meeting of shareholders held on April 29, 2015. Mr. Cramer and Mr. Madden are no longer eligible to stand for reelection due to our corporate governance policy related to age limitation. Mr. Cramer and Mr. Madden have both served as directors of the Company since 2003.

 

Item 8.01 Other Events

 

On February 11, 2015, the Company announced the declaration of a cash dividend. A copy of the press release dated February 11, 2015 is attached as Exhibit 99.1.

 

Item 9.01 Financial Statement and Exhibits

 

(d)     The following exhibit is furnished as part of this Report.

 

               Exhibit No.                    Description

 

               99.1                    News Release dated February 11, 2015

 

 

  

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

 

AMES NATIONAL CORPORATION

  

Date: February 12, 2015	By:	/s/ Thomas H. Pohlman_
	Thomas H. Pohlman, President
	(Principal Executive Officer)

 

 

 

                

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PRESS RELEASE

Exhibit 99.1

 

 

 

FOR IMMEDIATE RELEASE	CONTACT:	THOMAS H. POHLMAN,
		PRESIDENT
		(515) 232-6251

 

 

 

February 11, 2015

 

AMES NATIONAL CORPORATION DECLARED CASH DIVIDEND

 

AMES, IOWA - On February 11, 2015, Ames National Corporation (the “Company”) declared a cash dividend of $0.20 per common share, which is a 11.1% increase from the previous dividend of $0.18 per share. The dividend is payable May 15, 2015, to shareholders of record at the close of business on May 1, 2015.

 

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; 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.