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BDI
AF

Alerus Financial, National Association

Grand Forks, North DakotaFDIC Cert #3931

OCCEstablished 193327 branches

Holding company: ALERUS FINANCIAL CORPRegulator: OCC

FDICCERT + OFFDOM

Balance sheet & income statement

Financials

Reported balance-sheet positions and year-to-date earnings from the latest FDIC Call Report.

As of Q1 2026

Balance sheet trend

Assets & deposits

Time range
Reporting mode
Assets and deposits by reporting quarter
QuarterAssetsDeposits
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

Balance sheet

Core assets, funding, and capital reported at quarter end.

Assets
$5.28B
−0.9%y/y
Percentile by value54th percentileby value
Peer standing in FFIEC UBPR Peer Group 3 — Insured commercial banks having assets between $3 billion and $10 billion
FDICASSET
Deposits
$4.39B
−3.0%y/y
Percentile by value54th percentileby value
Peer standing in FFIEC UBPR Peer Group 3 — Insured commercial banks having assets between $3 billion and $10 billion
FDICDEP
Gross loans
$4.06B
−1.0%y/y
Percentile by value60th percentileby value
Peer standing in FFIEC UBPR Peer Group 3 — Insured commercial banks having assets between $3 billion and $10 billion
FDICLNLSGR
Net loans
$4.01B
−0.7%y/y
Percentile by value60th percentileby value
Peer standing in FFIEC UBPR Peer Group 3 — Insured commercial banks having assets between $3 billion and $10 billion
FDICLNLSNET
Securities
$770M
−8.0%y/y
Percentile by value50th percentileby value
Peer standing in FFIEC UBPR Peer Group 3 — Insured commercial banks having assets between $3 billion and $10 billion
FDICSC
Cash
$129M
+55.3%y/y
Percentile by value22nd percentileby value
Peer standing in FFIEC UBPR Peer Group 3 — Insured commercial banks having assets between $3 billion and $10 billion
FDICCHBAL
Liabilities
$4.7B
−2.1%y/y
Percentile by value55th percentileby value
Peer standing in FFIEC UBPR Peer Group 3 — Insured commercial banks having assets between $3 billion and $10 billion
FDICLIAB
Equity
$573M
+10.4%y/y
Peer standing57th percentile
Peer standing in FFIEC UBPR Peer Group 3 — Insured commercial banks having assets between $3 billion and $10 billion
FDICEQ

Income statement

Year-to-date reported earnings and core revenue components.

Revenue
$76.5M
+10.2%y/y
Peer standing79th percentile
Peer standing in FFIEC UBPR Peer Group 3 — Insured commercial banks having assets between $3 billion and $10 billion
FDICNIM + NONII
NII
$45.5M
+8.9%y/y
Peer standing59th percentile
Peer standing in FFIEC UBPR Peer Group 3 — Insured commercial banks having assets between $3 billion and $10 billion
FDICNIM
Noninterest income
$31M
+12.1%y/y
Peer standing93rd percentile
Peer standing in FFIEC UBPR Peer Group 3 — Insured commercial banks having assets between $3 billion and $10 billion
FDICNONII
Provision
−$4.88M
−665.8%y/y
Percentile by value1st percentileby value
Peer standing in FFIEC UBPR Peer Group 3 — Insured commercial banks having assets between $3 billion and $10 billion
FDICELNATR
Pretax income
$31.4M
+64.3%y/y
Peer standing80th percentile
Peer standing in FFIEC UBPR Peer Group 3 — Insured commercial banks having assets between $3 billion and $10 billion
FDICPTAXNETINC
Net income
$23.8M
+64.5%y/y
Peer standing78th percentile
Peer standing in FFIEC UBPR Peer Group 3 — Insured commercial banks having assets between $3 billion and $10 billion
FDICNETINC