SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: Ames National Corp
Filing Type: Form 13F Information Table (Quarterly Holdings Report)
Reporting Period: The filing text does not explicitly state the specific quarter end date (e.g., Q1, Q2, Q3, Q4) or the exact filing date, though the metadata indicates a period associated with "2026 Jun 30". The table lists holdings as of the end of the reporting period.
This filing discloses the equity securities held by Ames National Corp that are subject to reporting requirements under the Investment Company Act of 1940. It details the number of shares, value, and voting authority for each position.
Key Financial Metrics and Holdings
The filing provides a snapshot of the portfolio composition rather than the company's own operating financials (revenue, profit, cash flow). Key portfolio metrics include:
- Total Portfolio Value: The filing lists individual position values but does not provide a consolidated total portfolio value in the text.
- Top Holdings by Value (Selected):
- iShares Core S&P 500 Index Fund: ~$46.9M (Combined positions)
- iShares Core US Aggregate Bond Fund: ~$13.0M (Combined positions)
- Vanguard Short-Term Bond Index Fund: ~$13.3M (Combined positions)
- Vanguard Total Bond Market Index Fund: ~$13.1M (Combined positions)
- Microsoft Corp: ~$5.9M (Combined positions)
- Apple Inc: ~$5.1M (Combined positions)
- Alphabet Inc (Class C): ~$3.3M (Combined positions)
- Asset Allocation: The portfolio is heavily weighted toward broad market index funds (S&P 500, Mid-Cap, Small-Cap, Aggregate Bonds) and large-cap technology and healthcare equities.
- Voting Authority: Ames National Corp reports "Sole" voting authority for the majority of positions, with some positions showing "Shared" or "None" authority.
Material Changes
The filing text does not provide comparative data from the prior quarter. Therefore, material changes in holdings (purchases, sales, or net changes) versus the prior comparable period cannot be determined from this document alone.
Guidance, Outlook, and Risks
Management Commentary: Form 13F filings are statutory disclosures of holdings and do not contain management commentary, forward-looking guidance, or strategic outlooks.
Risks and Contingencies: The filing includes a standard disclaimer that the SEC has not reviewed the information for accuracy. No specific risk factors or contingencies related to the company's operations are disclosed in this table.
Unusual Items: The portfolio includes a significant position in "GOEPPINGER ENTERPRISES INC" (CUSIP: GEI001202) valued at approximately $3.4M, which appears to be a non-public or specialized holding compared to the widely traded public equities and ETFs listed.
Investor Verification Checklist
- Verify the exact reporting period end date, as the text does not explicitly confirm the quarter (e.g., Q2 2026).
- Confirm the total aggregate value of the portfolio by summing the "Value" column, as the total is not explicitly stated.
- Investigate the nature of the "GOEPPINGER ENTERPRISES INC" holding to understand its liquidity and valuation methodology.
- Compare these holdings against the prior quarter's 13F filing to identify net buying or selling activity.
- Review the "Voting Authority" column to assess the extent of Ames National Corp's control over the reported securities.