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 Alerus Financial, National Association
Alerus Financial, National Association
| RSSD ID 933256 | CERTIFICATE 3931 | ABA NUMBER 91300159 |
| 401 Demers Ave |
Quarter Ended : |
2025-03-31 |
| Grand Forks, North Dakota, 58201 |
Updated : |
2025-04-29 |
| www.alerus.com |
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| Institution Profile |
| Year Opened : |
1933 |
Institution Type : |
Commercial bank |
| Entity Type : |
Federal |
Federal Regulator : |
OCC |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
30 |
Number of Employees : |
864 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 5,326,806 |
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Total Interest Income | 68,181 |
| Total Liabilities | 4,807,661 |
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Total NonInterest Income | 27,658 |
| Total Bank Equity Capital | 519,145 |
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Total Interest Expense | 26,374 |
| Total Deposits | 4,530,138 |
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Total NonInterest Expense | 49,484 |
| Net Loans & Leases | 4,023,554 |
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Net Income | 14,458 |
| Loan Loss Allowance | 61,929 |
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Net Charge Offs | 407 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 515,692 |
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Total loans | 4,034,211 |
| Total assets for the leverage ratio | 5,078,738 |
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Loans secured by real estate: | 3,275,084 |
| Tier 1 Leverage Ratio | 9.06 |
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Commercial and industrial loans | 650,852 |
| Tier 1 Capital Ratio | 10.36 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 11.61 |
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Loans to individuals - Other | 40,356 |
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:· Alerus Financial, National Association
