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Note 19 - Ames National Corporation (Parent Company Only) Financial Statements - Condensed Statements of Income (Details) - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
(Loss) on sale of other real estate owned $ 21,617 $ 44,433
Provision for loan losses 5,680,656 1,314,104
Operating income after provision for loan losses 49,162,181 43,934,040
Income before income taxes 23,231,063 21,041,769
Provision for income taxes 4,381,000 3,847,600
Net income 18,850,063 17,194,169
Parent Company [Member]    
Equity in net income of bank subsidiaries 19,413,000 17,834,000
Interest 101,000 221,000
Rental income 432,000 432,000
(Loss) on sale of other real estate owned 0 (11,000)
Other income 2,187,000 2,033,000
Operating Income (Loss), Before Provision for Loan Losses 22,133,000 20,509,000
Provision for loan losses 0 0
Operating income after provision for loan losses 22,133,000 20,509,000
Operating expenses 3,496,000 3,534,000
Income before income taxes 18,637,000 16,975,000
Provision for income taxes (213,000) (219,000)
Net income $ 18,850,000 $ 17,194,000