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Note 18 - Ames National Corporation (Parent Company Only) Financial Statements - Condensed Statements of Income (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Interest income $ 74,301 $ 61,553
Credit loss expense (benefit) 1 [1] 774 (874)
Operating income after credit loss (benefit) 43,836 54,118
Interest expense 29,676 8,309
Provision for income taxes 2,072 5,868
Net income 10,817 19,293
Parent Company [Member]    
Equity in net income of bank subsidiaries 12,355 20,282
Interest income 56 58
Rental income 398 390
Other income 2,532 2,330
Operating Income (Loss), Before Provision for Loan Losses 15,341 23,060
Credit loss expense (benefit) 1 (3) (11)
Operating income after credit loss (benefit) 15,344 23,071
Interest expense 127 76
Operating expense 4,809 3,965
Operating Income (Loss) 4,936 4,041
Income before income taxes 10,408 19,030
Provision for income taxes (409) (263)
Net income $ 10,817 $ 19,293
[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.