Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · Real-Time Price · USD
20.93
-0.19 (-0.90%)
Nov 4, 2025, 4:00 PM EST - Market closed
Alerus Financial Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
Cash & Equivalents | 92.04 | 35.74 | 28.89 | 30.24 | 17.91 | 27.36 | Upgrade |
Investment Securities | 259.23 | 217.44 | 195.8 | 221.53 | 208.04 | 190.66 | Upgrade |
Trading Asset Securities | 1.41 | 13.16 | 8.94 | 6.33 | 3.38 | 13.77 | Upgrade |
Mortgage-Backed Securities | 531.01 | 661 | 606.97 | 835.35 | 1,006 | 401.7 | Upgrade |
Total Investments | 791.65 | 891.6 | 811.72 | 1,063 | 1,217 | 606.13 | Upgrade |
Gross Loans | 4,102 | 3,993 | 2,760 | 2,444 | 1,759 | 1,979 | Upgrade |
Allowance for Loan Losses | -62.13 | -59.93 | -35.84 | -31.15 | -31.57 | -34.25 | Upgrade |
Other Adjustments to Gross Loans | - | - | - | - | -0.88 | - | Upgrade |
Net Loans | 4,040 | 3,933 | 2,724 | 2,413 | 1,726 | 1,945 | Upgrade |
Property, Plant & Equipment | 74.25 | 53.22 | 23.38 | 22.71 | 22.1 | 27.21 | Upgrade |
Goodwill | 85.63 | 85.63 | 46.78 | 47.09 | 31.49 | 30.2 | Upgrade |
Other Intangible Assets | 35.75 | 43.88 | 17.16 | 22.46 | 20.25 | 25.92 | Upgrade |
Loans Held for Sale | 17.76 | 16.52 | 11.5 | 9.49 | 46.49 | 122.44 | Upgrade |
Accrued Interest Receivable | 21.6 | 20.08 | 15.7 | 12.87 | 8.54 | 9.66 | Upgrade |
Other Receivables | - | 21.45 | 25.07 | 17.54 | 15.83 | 14.14 | Upgrade |
Restricted Cash | - | 25.5 | 101 | 28 | 224.4 | 145.6 | Upgrade |
Other Current Assets | - | 7.74 | 5.77 | 6.77 | 5.33 | 4.75 | Upgrade |
Long-Term Deferred Tax Assets | 38.5 | 52.89 | 34.6 | 42.37 | 11.61 | 9.41 | Upgrade |
Other Real Estate Owned & Foreclosed | 0.47 | - | 0.03 | 0.03 | 0.89 | 0.06 | Upgrade |
Other Long-Term Assets | 132.97 | 61.17 | 45.82 | 44.66 | 40.6 | 42.67 | Upgrade |
Total Assets | 5,331 | 5,262 | 3,908 | 3,780 | 3,393 | 3,014 | Upgrade |
Accrued Expenses | 71.16 | 62.13 | 52.72 | 57.05 | 48 | 42.11 | Upgrade |
Interest Bearing Deposits | 3,636 | 3,227 | 2,246 | 2,003 | 1,890 | 1,755 | Upgrade |
Institutional Deposits | - | 248.1 | 121.8 | 51.1 | 91.5 | 62.1 | Upgrade |
Non-Interest Bearing Deposits | 776.79 | 903.47 | 728.08 | 860.99 | 938.84 | 754.72 | Upgrade |
Total Deposits | 4,413 | 4,378 | 3,096 | 2,915 | 2,921 | 2,572 | Upgrade |
Short-Term Borrowings | 200 | 247.56 | 323.35 | 384.38 | 1.37 | 2.91 | Upgrade |
Current Portion of Leases | - | 2.51 | - | - | 0.2 | - | Upgrade |
Long-Term Debt | 59.15 | 50 | 50 | 50 | 50 | 49.69 | Upgrade |
Long-Term Leases | 36.92 | 16.48 | 5.75 | 5.9 | 4.28 | 8.29 | Upgrade |
Trust Preferred Securities | - | 9.07 | 8.96 | 8.84 | 8.73 | 8.62 | Upgrade |
Other Long-Term Liabilities | - | 0.1 | 2.2 | 1.1 | 0.16 | - | Upgrade |
Total Liabilities | 4,780 | 4,766 | 3,539 | 3,423 | 3,033 | 2,684 | Upgrade |
Common Stock | 25.4 | 25.35 | 19.73 | 19.99 | 17.21 | 17.13 | Upgrade |
Additional Paid-In Capital | 271.17 | 269.71 | 150.34 | 155.1 | 92.88 | 90.24 | Upgrade |
Retained Earnings | 308.46 | 273.72 | 272.71 | 280.43 | 253.57 | 212.16 | Upgrade |
Comprehensive Income & Other | -54.34 | -73.37 | -73.66 | -98.64 | -4.26 | 10.64 | Upgrade |
Total Common Equity | 550.69 | 495.41 | 369.13 | 356.87 | 359.4 | 330.16 | Upgrade |
Shareholders' Equity | 550.69 | 495.41 | 369.13 | 356.87 | 359.4 | 330.16 | Upgrade |
Total Liabilities & Equity | 5,331 | 5,262 | 3,908 | 3,780 | 3,393 | 3,014 | Upgrade |
Total Debt | 296.07 | 325.62 | 388.06 | 449.13 | 64.58 | 69.51 | Upgrade |
Net Cash (Debt) | -202.62 | -276.72 | -350.22 | -412.55 | -43.28 | -28.37 | Upgrade |
Net Cash Per Share | -7.93 | -12.98 | -17.39 | -21.85 | -2.48 | -1.63 | Upgrade |
Filing Date Shares Outstanding | 25.4 | 25.36 | 19.74 | 20.06 | 17.26 | 17.13 | Upgrade |
Total Common Shares Outstanding | 25.4 | 25.34 | 19.73 | 19.99 | 17.21 | 17.13 | Upgrade |
Book Value Per Share | 21.68 | 19.55 | 18.71 | 17.85 | 20.88 | 19.28 | Upgrade |
Tangible Book Value | 429.3 | 365.89 | 305.19 | 287.33 | 307.66 | 274.04 | Upgrade |
Tangible Book Value Per Share | 16.90 | 14.44 | 15.46 | 14.37 | 17.87 | 16.00 | Upgrade |
Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.