UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


                                 APRIL 16, 2004
                Date of Report (Date of Earliest Event Reported)


                            AMES NATIONAL CORPORATION
             (Exact Name of Registrant as Specified in its Charter)

           IOWA                         0-32637                 42-1039071
State or Other Jurisdiction of   (Commission File Number)    (I.R.S. Employer
Incorporation or Organization)                               Identification No.)


                                405 FIFTH STREET

                                AMES, IOWA 50010
                    (Address of Principal Executive Offices)


       Registrant's Telephone Number, Including Area Code: (515) 232-6251


                                 NOT APPLICABLE

(Former Name,Former Address and Former Fiscal Year,if Changed Since Last Report)







Item 7.  Financial Statements and Exhibits

  The following exhibit is filed as part of this Report:

    Exhibit No.                                 Description

       99.1                          News Release dated April 16, 2004






Item 9.  Regulation FD Disclosure

On April 16, 2004, Ames National  Corporation  issued a News Release  announcing
financial  results for the three  months  ended  March 31,  2004 and  forecasted
earnings  for the year ended  December  31,  2004.  A copy of the New Release is
attached hereto as Exhibit 99.1.





                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  Report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                                     AMES NATIONAL CORPORATION

Date:  April 16, 2004                    By:   /s/ Daniel L. Krieger
                                                 -------------------------------
                                               Daniel L. Krieger, President
                                               (Principal Executive Officer)






                                  EXHIBIT INDEX

Exhibit No.                                      Description

  99.1                                 News Release dated April 16, 2004