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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 : |
2025-09-30 |
| Grand Forks, North Dakota, 58201 |
Updated : |
2025-10-30 |
| 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 : |
29 |
Number of Employees : |
866 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 5,321,707 |
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Total Interest Income | 209,250 |
| Total Liabilities | 4,770,454 |
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Total NonInterest Income | 88,665 |
| Total Bank Equity Capital | 551,253 |
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Total Interest Expense | 79,970 |
| Total Deposits | 4,458,369 |
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Total NonInterest Expense | 146,158 |
| Net Loans & Leases | 4,039,948 |
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Net Income | 54,150 |
| Loan Loss Allowance | 62,127 |
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Net Charge Offs | 2,536 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 544,024 |
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Total loans | 4,057,126 |
| Total assets for the leverage ratio | 5,244,164 |
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Loans secured by real estate: | 3,300,517 |
| Tier 1 Leverage Ratio | 9.31 |
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Commercial and industrial loans | 643,699 |
| Tier 1 Capital Ratio | 11 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 12.25 |
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Loans to individuals - Other | 41,135 |
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:· Alerus Financial, National Association
