AMES NATIONAL CORP
For the period ended Sep 30, 2025. Filed Nov 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 7, 2025
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Unregistered Sales of Equity Securities and Use of Proceeds
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds |
|---|
In November, 2024, the Company approved a Stock Repurchase Plan which provided for the repurchase of up to 100,000 shares of the Company’s common stock. As of September 30, 2025, there were no remaining shares to be purchased under the plan.
In August, 2025, the Company approved a Stock Repurchase Plan which provided for the repurchase of up to 200,000 shares of the Company's common stock. As of September 30, 2025, there were 200,000 shares remaining to be purchased under the plan.
The following table provides information with respect to purchases made by or on behalf of the Company or any “affiliated purchases” (as defined in rule 10b-18(a)(3) under the Securities Exchange Act of 1934), of the Company’s common stock during the three months ended September 30, 2025.
| Total | |||||
|---|---|---|---|---|---|
| Number · Maximum | |||||
| of Shares · Number of | |||||
| Purchased as · Shares that | |||||
| Total · Part of · May Yet Be | |||||
| Number · Average · Publicly · Purchased | |||||
| of Shares · Price Paid · Announced · Under | |||||
| Period · Purchased · Per Share · Plans · The Plan | |||||
| July 1, 2025 to July 31, 2025 (1) | 6,522 | $18.73 | 6,522 | - | |
| August 1, 2025 to August 31, 2025 (2) | - | $ | - | - | 200,000 |
| September 1, 2025 to September 30, 2025 (2) | - | $ | - | - | 200,000 |
| Total | 6,522 | 6,522 | |||
(1) The Stock Repurchase Plan adopted in November 2024, authorizing the purchase of 100,000 shares of common stock, was completed in July 2025. There are no remaining shares available for purchase under this plan.
(2) A successor Stock Repurchase Plan was approved and became effective on August 13, 2025 and authorized the purchase of up to 200,000 shares of common stock. This plan is scheduled to expire on November 17, 2026. No purchases have been made under this plan and 200,000 shares remain available for purchase.
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