$5.28B
−0.9%y/y
Percentile by value54th percentileby value
FDIC
ASSETAF
Alerus Financial, National Association
Grand Forks, North DakotaFDIC Cert #3931
OCCEstablished 193327 branches
Holding company: ALERUS FINANCIAL CORPRegulator: OCC
FDIC
CERT + OFFDOMWhat's happening here
As of Q1 2026FDIC
Call ReportAlerus Financial, National Association reported $5.28B in total assets. Deposits declined 3.02% over the prior year.
Return on assets was 1.81%, compared with the official FFIEC UBPR peer median of 1.32%. The leverage ratio was 9.11%.
- Why is Deposit Growth, Year over Year below its official FFIEC UBPR peers?
- Why is Tier 1 Leverage Ratio below its official FFIEC UBPR peers?
- Why is CRE Concentration to Capital above its official FFIEC UBPR peers?
Generated offline from verified FDIC facts for the period shown. Bank Data Insights does not rate banks, predict outcomes, or provide advice.
Latest reported quarter
Key metrics
$4.39B
−3.0%y/y
Percentile by value54th percentileby value
FDIC
DEP$4.01B
−0.7%y/y
Percentile by value60th percentileby value
FDIC
LNLSNET1.81%
+72 bpsy/y
Peer standing86th percentile
FDIC
NETINC + ROA62.77%
−456 bpsy/y
Peer standing28th percentile
FDIC
NONIX + NIM + NONII + EEFFR9.11%
+5 bpsy/y
Peer standing14th percentile
FDIC
RBC1AAJPercentiles compare this bank with 236 ffiec ubpr peer group 3 — insured commercial banks having assets between $3 billion and $10 billion.
Side-by-side comparison
Alerus Financial, National Association beside its official FFIEC UBPR peers
The primary option is the peer group FFIEC assigned to this bank. The state option is FFIEC’s supplemental state group. Each pair uses the published FFIEC trimmed average when its formula matches the site registry; otherwise it uses a clearly labeled registry median within the same official membership.
UBPR membership + Call Report metricsThis bank
1.81%
Registry median
1.32%
This bank
16.77%
FFIEC trimmed average
12.46%
This bank
3.76%
Registry median
3.67%
This bank
62.77%
Registry median
57.00%
This bank
−3.02%
FFIEC trimmed average
+6.67%
This bank
−0.74%
FFIEC trimmed average
+7.20%
This bank
1.32%
FFIEC trimmed average
0.74%
This bank
9.11%
FFIEC trimmed average
10.62%
This bank
2.46%
Registry median
2.61%
This bank
299%
Registry median
235%
FFIEC averages are the regulator-published values after excluding the top and bottom 5%. Where the registered metric formula differs from UBPR, the comparison uses the median of reported registry values within the official FFIEC membership and labels it accordingly. Neither basis rates, ranks, or predicts the bank. Missing values remain Not reported.
This bank
1.81%
Registry median
1.35%
This bank
16.77%
FFIEC trimmed average
14.06%
This bank
3.76%
Registry median
3.73%
This bank
62.77%
Registry median
61.19%
This bank
−3.02%
FFIEC trimmed average
+3.41%
This bank
−0.74%
FFIEC trimmed average
+4.43%
This bank
1.32%
FFIEC trimmed average
0.70%
This bank
9.11%
FFIEC trimmed average
10.47%
This bank
2.46%
Registry median
2.36%
This bank
299%
Registry median
57%
FFIEC averages are the regulator-published values after excluding the top and bottom 5%. Where the registered metric formula differs from UBPR, the comparison uses the median of reported registry values within the official FFIEC membership and labels it accordingly. Neither basis rates, ranks, or predicts the bank. Missing values remain Not reported.
FDIC
Call ReportBalance sheet trend
Assets & deposits
| Quarter | Assets | Deposits |
|---|---|---|
| Q2 2021 | $3.16B | $2.79B |
| Q3 2021 | $3.17B | $2.79B |
| Q4 2021 | $3.39B | $3B |
| Q1 2022 | $3.33B | $2.97B |
| Q2 2022 | $3.29B | $2.7B |
| Q3 2022 | $3.69B | $3.04B |
| Q4 2022 | $3.78B | $3B |
| Q1 2023 | $3.88B | $3.11B |
| Q2 2023 | $3.83B | $2.93B |
| Q3 2023 | $3.86B | $2.94B |
| Q4 2023 | $3.89B | $3.17B |
| Q1 2024 | $4.32B | $3.35B |
| Q2 2024 | $4.34B | $3.37B |
| Q3 2024 | $4.07B | $3.39B |
| Q4 2024 | $5.25B | $4.43B |
| Q1 2025 | $5.33B | $4.53B |
| Q2 2025 | $5.31B | $4.38B |
| Q3 2025 | $5.32B | $4.46B |
| Q4 2025 | $5.21B | $4.24B |
| Q1 2026 | $5.28B | $4.39B |
Portfolio composition
Loan mix
| Category | Balance |
|---|---|
| Owner CRE | $444M |
| Investor CRE | $976M |
| Multifamily | $392M |
| Construction | $180M |
| 1–4 family | $1.17B |
| C&I | $678M |
| Agriculture | $105M |
| Other | $110M |
FFIEC UBPR comparison
How this bank compares
UnfavorableFavorableDirectional metrics only; neutral metrics use blue.
ROA
FDIC
NETINC + ROA1.81%86th percentileToggle ROA distribution
Distribution histogram for ROA, with this bank marked when a value is reported.
10th 0.74%Median 1.32%90th 1.92%Observations 236
ROE
FDIC
NETINC + ROE16.77%84th percentileToggle ROE distribution
Distribution histogram for ROE, with this bank marked when a value is reported.
10th 6.84%Median 12.52%90th 17.99%Observations 236
NIM
FDIC
NIM + NIMY3.76%56th percentileToggle NIM distribution
Distribution histogram for NIM, with this bank marked when a value is reported.
10th 2.82%Median 3.67%90th 4.51%Observations 236
Efficiency
FDIC
NONIX + NIM + NONII + EEFFR62.77%28th percentileToggle Efficiency distribution
Distribution histogram for Efficiency, with this bank marked when a value is reported.
10th 42.39%Median 57.00%90th 72.99%Observations 236
Deposits YoY
FDIC
DEP−3.02%5th percentileby valueToggle Deposits YoY distribution
Distribution histogram for Deposits YoY, with this bank marked when a value is reported.
10th −1.73%Median +5.18%90th +19.87%Observations 236
Loans YoY
FDIC
LNLSNET−0.74%14th percentileby valueToggle Loans YoY distribution
Distribution histogram for Loans YoY, with this bank marked when a value is reported.
10th −2.10%Median +6.78%90th +19.98%Observations 236
Noncurrent %
FDIC
P9ASSET + NAASSET + LNLSGR1.32%82nd percentileToggle Noncurrent % distribution
Distribution histogram for Noncurrent %, with this bank marked when a value is reported.
10th 0.15%Median 0.62%90th 1.72%Observations 236
Leverage
FDIC
RBC1AAJ9.11%13th percentileToggle Leverage distribution
Distribution histogram for Leverage, with this bank marked when a value is reported.
10th 9.00%Median 10.35%90th 13.08%Observations 236
Well-capitalized threshold (12 CFR 6.4 / 208.43 / 324.403) is shown as a supervisory screening criterion, not a limit or violation.
IB deposit cost
FDIC
EINTEXP + DEPIDOM2.46%63rd percentileToggle IB deposit cost distribution
Distribution histogram for IB deposit cost, with this bank marked when a value is reported.
10th 1.86%Median 2.61%90th 3.59%Observations 236
CRE/capital
FDIC
LNRENROT + LNREMULT + LNRECONS + RBC299%77th percentileby valueToggle CRE/capital distribution
Distribution histogram for CRE/capital, with this bank marked when a value is reported.
10th 104%Median 235%90th 346%Observations 214
Interagency CRE supervisory criterion (FIL-104-2006) is shown as a supervisory screening criterion, not a limit or violation. The 300% total-CRE criterion is considered with 50% growth over the prior 36 months.
Whiskers show the 10th–90th percentile, the box shows the middle half, and the dot marks this bank. For directional metrics, deep red marks the unfavorable endpoint and teal marks the favorable endpoint after applying registry polarity. Neutral metrics use a blue ramp, are ordered from lower to higher reported value, and carry no favorable interpretation. Group membership is FFIEC-published. Expanded distributions use the site’s registered Call Report formula; a displayed FFIEC percentile is used only where the formulas align.
UnfavorableFavorableDirectional metrics only; neutral metrics use blue.
ROA
FDIC
NETINC + ROA1.81%83rd percentileToggle ROA distribution
Distribution histogram for ROA, with this bank marked when a value is reported.
10th 0.92%Median 1.35%90th 1.96%Observations 59
ROE
FDIC
NETINC + ROE16.77%76th percentileToggle ROE distribution
Distribution histogram for ROE, with this bank marked when a value is reported.
10th 9.02%Median 13.89%90th 20.72%Observations 59
NIM
FDIC
NIM + NIMY3.76%59th percentileToggle NIM distribution
Distribution histogram for NIM, with this bank marked when a value is reported.
10th 2.93%Median 3.73%90th 4.34%Observations 59
Efficiency
FDIC
NONIX + NIM + NONII + EEFFR62.77%48th percentileToggle Efficiency distribution
Distribution histogram for Efficiency, with this bank marked when a value is reported.
10th 46.53%Median 61.19%90th 69.63%Observations 59
Deposits YoY
FDIC
DEP−3.02%15th percentileby valueToggle Deposits YoY distribution
Distribution histogram for Deposits YoY, with this bank marked when a value is reported.
10th −4.37%Median +3.73%90th +11.83%Observations 59
Loans YoY
FDIC
LNLSNET−0.74%25th percentileby valueToggle Loans YoY distribution
Distribution histogram for Loans YoY, with this bank marked when a value is reported.
10th −4.56%Median +4.72%90th +14.02%Observations 59
Noncurrent %
FDIC
P9ASSET + NAASSET + LNLSGR1.32%75th percentileToggle Noncurrent % distribution
Distribution histogram for Noncurrent %, with this bank marked when a value is reported.
10th 0.00%Median 0.51%90th 2.04%Observations 59
Leverage
FDIC
RBC1AAJ9.11%16th percentileToggle Leverage distribution
Distribution histogram for Leverage, with this bank marked when a value is reported.
10th 8.99%Median 10.17%90th 13.07%Observations 59
Well-capitalized threshold (12 CFR 6.4 / 208.43 / 324.403) is shown as a supervisory screening criterion, not a limit or violation.
IB deposit cost
FDIC
EINTEXP + DEPIDOM2.46%36th percentileToggle IB deposit cost distribution
Distribution histogram for IB deposit cost, with this bank marked when a value is reported.
10th 1.73%Median 2.36%90th 3.00%Observations 59
CRE/capital
FDIC
LNRENROT + LNREMULT + LNRECONS + RBC299%100th percentileby valueToggle CRE/capital distribution
Distribution histogram for CRE/capital, with this bank marked when a value is reported.
10th 15%Median 57%90th 253%Observations 29
Interagency CRE supervisory criterion (FIL-104-2006) is shown as a supervisory screening criterion, not a limit or violation. The 300% total-CRE criterion is considered with 50% growth over the prior 36 months.
Whiskers show the 10th–90th percentile, the box shows the middle half, and the dot marks this bank. For directional metrics, deep red marks the unfavorable endpoint and teal marks the favorable endpoint after applying registry polarity. Neutral metrics use a blue ramp, are ordered from lower to higher reported value, and carry no favorable interpretation. Group membership is FFIEC-published. Expanded distributions use the site’s registered Call Report formula; a displayed FFIEC percentile is used only where the formulas align.
Branches & markets
Physical footprint
- Domestic offices
- 27 branches
- Headquarters
- Grand Forks, ND
FDIC
OFFDOMOpen the North Dakota dashboard →History
Institution established
Filings
Q1 2026 Call Report
Q4 2025 Call Report
Q3 2025 Call Report
Q2 2025 Call Report
Public data, presented without a proprietary bank rating.FDIC source data