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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 : |
2025-06-30 |
| Grand Forks, North Dakota, 58201 |
Updated : |
2025-07-29 |
| 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 : |
869 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 5,312,807 |
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Total Interest Income | 138,605 |
| Total Liabilities | 4,775,050 |
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Total NonInterest Income | 59,381 |
| Total Bank Equity Capital | 537,757 |
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Total Interest Expense | 53,114 |
| Total Deposits | 4,380,809 |
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Total NonInterest Expense | 96,593 |
| Net Loans & Leases | 3,985,379 |
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Net Income | 36,163 |
| Loan Loss Allowance | 59,278 |
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Net Charge Offs | 4,251 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 533,303 |
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Total loans | 4,101,387 |
| Total assets for the leverage ratio | 5,114,372 |
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Loans secured by real estate: | 3,340,935 |
| Tier 1 Leverage Ratio | 9.34 |
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Commercial and industrial loans | 646,761 |
| Tier 1 Capital Ratio | 10.78 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 12.04 |
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Loans to individuals - Other | 39,405 |
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:· Alerus Financial, National Association
