SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                  SCHEDULE 13G


                    Under the Securities Exchange Act of 1934

                               (Amendment No. 3)*

                            AMES NATIONAL CORPORATION
                                (Name of Issuer)


                                  COMMON STOCK
                         (Title of Class of Securities)


                                    031001100
                                 (CUSIP Number)


                                December 31, 2004
             (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule to which this Schedule is filed:

  [_] Rule 13d-1(b) 
  [X] Rule 13d-1(c) 
  [_] Rule 13d-1(d)

*    The  remainder  of this  cover  page  shall be filled  out for a  reporting
     person's  initial  filing on this form with respect to the subject class of
     securities,  and for any subsequent amendment containing  information which
     would alter disclosure provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).

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CUSIP No. 031001100                 SCHEDULE 13G    

1.  Name of Reporting Person

    Robert W. Stafford

    I.R.S. Identification No. of Above Person (entities only)

    Not Applicable

2.  Check the appropriate box if a member of a group

    (a)  _____

    (b)  __X__

3.  SEC Use Only

4.  Citizenship or Place of Organization

    Iowa

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:


5.  Sole Voting Power

    173,659

6.  Shared Voting Power

    154,338

7.  Sole Dispositive Power

    173,659

8.  Shared Dispositive Power

    154,338

9.  Aggregate Amount Beneficially Owned by Each Reporting Person

    327,997

10. Check box if the aggregate amount in Row (9) excludes certain shares

11. Percent of Class Represented by Amount in Row 9

    10.5%

12. Type of Reporting Person

    IN

                                       2


1.  Name of Reporting Person

    Charlotte H. Stafford

    I.R.S. Identification No. of Above Person (entities only)

    Not Applicable

2.  Check the appropriate box if a member of a group

    (a)  _______

    (b)  ___X___
         
3.  SEC Use Only

4.  Citizenship or Place of Organization

    Texas

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

5.  Sole Voting Power

    11,380

6.  Shared Voting Power

    154,338

7.  Sole Dispositive Power

    11,380

8.  Shared Dispositive Power

    154,338

9.  Aggregate Amount Beneficially Owned by Each Reporting Person

    165,718

10. Check box if the aggregate amount in Row (9) excludes certain shares

11. Percent of Class Represented by Amount in Row 9

    5.3%

12. Type of Reporting Person

    IN

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ITEM 1(a).   NAME OF ISSUER.

             Ames National Corporation


ITEM 1(b).   ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES.

             P.O. Box 846 Ames, IA 50010


ITEM 2(a).   NAME OF PERSON FILING.

             This filing is made on behalf of Robert W.  Stafford and  Charlotte
             H. Stafford. Mr. Stafford and Ms. Stafford each disclaim membership
             in a group.  Mr.  Stafford  disclaims  beneficial  ownership of the
             11,380  shares  over  which  Ms.   Stafford  has  sole  voting  and
             dispositive power. Ms. Stafford disclaims  beneficial  ownership of
             the  173,659  shares  over which Mr.  Stafford  has sole voting and
             dispositive power. Mr. Stafford and Ms. Stafford are co-trustees of
             two trusts with aggregate holdings of 154,338 shares over which Mr.
             Stafford and Ms. Stafford have shared voting and dispositive power.
             Mr. Stafford,  however,  disclaims any pecuniary interest in any of
             the shares held by the trusts.

ITEM 2(b).   ADDRESS OF THE PRINCIPAL OFFICES OR RESIDENCE:

             Robert W. Stafford's  business  address is P.O. Box 846, Ames, Iowa
             50010 and Charlotte H. Stafford's  residence  address is 9701 Meyer
             Forest Drive, Apt. 12202, Houston, Texas 77096-4324.

ITEM 2(c).   CITIZENSHIP.

             Robert W. Stafford - Iowa 
             Charlotte H. Stafford - Texas

ITEM 2(d).   TITLE OF CLASS OF SECURITIES.

             Common Stock.


ITEM 2(e).   CUSIP NUMBER.

             031001100


ITEM 3.      IF THE STATEMENT IS BEING FILED PURSUANT TO SECTION 240.13d-1(b), 
             CHECK WHETHER THE PERSON FILING IS A:

             Not Applicable

ITEM 4.      OWNERSHIP.

             As of December  31,  2004,  Robert W.  Stafford  and  Charlotte  H.
             Stafford, collectively,  beneficially owned an aggregate of 339,377
             shares of the  common  stock of Ames  National  Corporation,  which
             represented  approximately 10.8 percent of the outstanding  shares.
             Mr. Stafford and Ms. Stafford each disclaim  membership in a group,
             and  their   individual   share   ownership  and   percentages  and
             information   regarding   the   manner  in  which  the  shares  are
             beneficially  owned are set forth in their  respective cover pages.
             Mr. Stafford  disclaims  beneficial  ownership of the 11,380 shares
             over which Ms. Stafford has sole voting and dispositive  power. Ms.
             Stafford disclaims  beneficial ownership of the 173,659 shares over
             which Mr.  Stafford  has sole  voting and  dispositive  power.  Mr.
             Stafford  and Ms.  Stafford  are  co-trustees  of two  trusts  with
             aggregate  holdings of 154,338  shares over which Mr.  Stafford and
             Ms.  Stafford  have  shared  voting  and  dispositive   power.  Mr.
             Stafford,  however,  disclaims any pecuniary interest in any of the
             shares held by the trust.

ITEM 5.      OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

             Not Applicable

ITEM 6.      OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

             Not Applicable

ITEM 7.      IDENTIFICATION  AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
             THE  SECURITY  BEING  REPORTED  ON BY THE PARENT  HOLDING COMPANY.

             Not Applicable

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ITEM 8.      IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

             Not Applicable


ITEM 9.      NOTICE OF DISSOLUTION OF A GROUP.

             Not Applicable


ITEM 10.     CERTIFICATION.

             By signing  below,  I certify that, to the best of my knowledge and
             belief,  the  securities  referred  to above were  acquired  in the
             ordinary  course of business  and were not acquired for the purpose
             of and do not  have the  effect  of  changing  or  influencing  the
             control of the issuer of such  securities  and were not acquired in
             connection with or as a participant in any transaction  having such
             purpose or effect.

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                                    SIGNATURE

After  reasonable  inquiry  and to the best of its  knowledge  and  belief,  the
undersigned  certifies that the information set forth in this statement is true,
complete and correct.


                                               BY:  /s/ Robert W. Stafford
                                                    ----------------------------

                                                    Name:  Robert W. Stafford


                                               BY:  /s/ Charlotte H. Stafford
                                                    ----------------------------

                                                    Name:  Charlotte H. Stafford


Date:    February 1, 2005
                  

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                                                                       EXHIBIT A

                             JOINT FILING AGREEMENT


Robert W.  Stafford  and  Charlotte H.  Stafford  agree that the Schedule 13G to
which this Joint Filing  Agreement is attached,  relating to the Common Stock of
Ames National Corporation, is filed on behalf of each of them.




                                               BY:  /s/ Robert W. Stafford  
                                                    ----------------------------

                                                    Name:  Robert W. Stafford

                                               BY:  /s/ Charlotte H. Stafford
                                                    ----------------------------

                                                    Name:  Charlotte H. Stafford


Date:    February 1, 2005
                  


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