Ames National Corporation provides earnings guidance for the year ending December 31, 2022. The Company is forecasting earnings for the year ending December 31, 2022 in the range of $2.10 to $2.20 per share compared to $2.62 per share earned for the year ended December 31, 2021. The decrease in forecasted earnings from the 2021 actual results was primarily due to lower PPP fees and to a lesser extent higher noninterest expense.