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ALERUS FINANCIAL CORPORATION
ALERUS FINANCIAL CORPORATION
| RSSD ID 2067007 |
| 401 DEMERS AVENUE |
Quarter Ended : |
2025-12-31 |
| GRAND FORKS, ND, 58201 |
Updated : |
2026-03-07 |
| WWW.ALERUSFINANCIAL.COM |
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| Institution Profile |
| Year Opened : |
1993 |
Institution Type : |
Holding Company |
| Reserve District : |
Minneapolis |
Federal Regulator : |
FED |
| Entity Type : |
Financial Holding Company - Domestic |
Fiscal Year End : |
12/31 |
| Structure : |
Corporation (stock) |
S-Corp : |
No |
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| External Auditor : |
RSM US LLP |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total assets | 5,230,084 |
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Total interest income | 279,636 |
| Total liabilities | 4,665,150 |
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Total noninterest income | 120,236 |
| Total holding company equity capital | 564,934 |
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Total interest expense | 107,137 |
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Total noninterest expense | 201,153 |
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| Capital Ratios |
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Loans and Leases (USD, in thousands) |
| Leverage ratio | 8.8619 |
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Loans secured by real estate (Consolidated) | 3,225,765 |
| Tier1 capital ratio | 10.4842 |
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Commercial and industrial loans | 714,084 |
| Total capital ratio | 12.8736 |
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Total (Consolidated) | 4,069,956 |
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