8-K 1 atlo20200416_8k.htm FORM 8-K atlo20200416_8k.htm

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

 

 

April 17, 2020

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) (Zip Code)

 

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

 

NOT APPLICABLE

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

Trading Symbol

Name of each exchange on which registered

Common stock

ATLO

NASDAQ Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

 

Emerging growth company     ☐

If an emerging growth company, indicate by checkmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.    ☐

 

 

Item 2.02 Results of Operations and Financial Condition

 

Item 7.01 Regulation FD Disclosure

 

The following information is furnished pursuant to Items 2.02 and 7.01:

 

On April 17, 2020, Ames National Corporation issued a News Release announcing financial results for the three months ended March 31, 2020 and commenting on the current and anticipated impacts of the COVID-19 pandemic on its operations. A copy of the News Release is furnished as Exhibit 99.1.

 

Item 8.01 Other Events

 

On April 17, 2020 Ames National Corporation completed the stock repurchase program that commenced on November 13, 2019 and authorized the repurchase of up to 100,000 shares of its common stock. Ames National Corporation repurchased 100,000 shares during the first and second quarter of 2020 at an average price per share of $20.09.

 

Item 9.01 Financial Statements and Exhibits

 

 

(d) Exhibits:    
     
Exhibit No.  Description  
     
99.1 News Release dated April 17, 2020  

 

 

 

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: April 17, 2020

By:

/s/ John P. Nelson

 

 

John P. Nelson, Chief Executive Officer and President

 

 

Principal Executive Officer