AMES National ATLO Amortization Of New Market Tax Credit Projects
Amortization Of New Market Tax Credit Projects at other companies
Other financials
Where this comes from
Reported directly by AMES National in its filing.
Tagged under the XBRL concept atlo:AmortizationOfNewMarketTaxCreditProjects.
The official record: AMES National’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is AMES National's amortization of new market tax credit projects?
- AMES National (ATLO) reported amortization of new market tax credit projects of $17K in Q1 2026.
- How has AMES National's amortization of new market tax credit projects changed year-over-year?
- AMES National's amortization of new market tax credit projects decreased by 91.1% year-over-year, from $191.5K to $17K.
- What is the long-term trend for AMES National's amortization of new market tax credit projects?
- Over 4 years (2021 to 2025), AMES National's amortization of new market tax credit projects has grown at a 4.6% compound annual growth rate (CAGR), from $639K to $766K.
- What does amortization of new market tax credit projects mean?
- This represents the periodic amortization expense associated with investments in New Markets Tax Credit (NMTC) projects. These projects are designed to stimulate economic development in distressed communities, and the amortization reflects the cost recovery of these specific community development investments. It is a non-cash item that impacts the effective tax rate and net income.