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Note 18 - Ames National Corporation (Parent Company Only) Financial Statements - Condensed Statements of Cash Flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 10,817 $ 19,293
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,250 1,424
Credit loss expense (benefit) for loans [1] 774 (874)
(Increase) in other assets 365 1,439
Net cash provided by operating activities 19,207 21,231
CASH FLOWS FROM INVESTING ACTIVITIES    
Decrease in loans (52,904) (80,528)
Purchase of premises and equipment (4,894) (2,858)
Net cash provided by (used in) investing activities 19,062 (127,384)
CASH FLOWS FROM FINANCING ACTIVITIES    
Dividends paid (9,712) (9,675)
Stock repurchases 0 (2,300)
Net cash (used in) financing activities (11,052) 44,908
Net increase (decrease) in cash and cash equivalents 27,217 (61,245)
Beginning 27,884  
Ending 55,101 27,884
Interest 25,632 8,560
Income taxes 1,813 4,969
Parent Company [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 10,817 19,293
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 96 96
Credit loss expense (benefit) for loans (3) (11)
Provision (credit) for deferred income taxes (15) (20)
Equity in net income of bank subsidiaries (12,355) (20,282)
Dividends received from bank subsidiaries 10,010 10,160
Decrease in accrued income receivable 1 0
(Increase) in other assets (33) (12)
Increase in accrued expense and other liabilities 36 15
Net cash provided by operating activities 8,554 9,239
CASH FLOWS FROM INVESTING ACTIVITIES    
Decrease in loans 181 654
Purchase of premises and equipment (511) 0
Net cash provided by (used in) investing activities (330) 654
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from long-term borrowings 400 4,000
Payments of long-term borrowings (612) (300)
Dividends paid (9,712) (9,675)
Stock repurchases 0 (2,300)
Net cash (used in) financing activities (9,924) (8,275)
Net increase (decrease) in cash and cash equivalents (1,700) 1,618
Beginning 3,607 1,989
Ending 1,907 3,607
Interest 127 70
Income taxes $ (421) $ (253)
[1] The difference in the credit loss expense reported herein as compared to the Consolidated Statements of Income is associated with the credit loss expense of $15 thousand related to off-balance sheet credit exposures.