ALERUS FINANCIAL CORP

ALRS · XNAS

CIK 903419fmd_0D2MFJRNXA6V28NPPJWJZ71SEWFinance, Insurance and Real Estate · National Commercial BanksTemplate: Financials

Coverage: Jan 01, 2017 to Sep 30, 2026, 36 periods

Income Statement · Annual · Millions · USD
Line item	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total interest income	76	88	93	96	93	116	165	222	280
Total revenues	171	178	189	233	234	211	168	222	224
Net interest income	68	75	75	84	87	100	88	107	172
Provision for credit losses	3	9	7	11	(4)	0	2	18	1
Realized investment gains (losses)	–	0	0	3	0	0	(25)	0	(68)
Net interest income after provision	64	67	67	73	91	100	86	89	172
Non-interest income	103	103	114	149	147	111	80	115	52
Compensation and benefits	16	18	19	20	22	22	20	23	27
Non-interest expense	135	136	143	164	169	159	150	181	201
Interest expense	8	12	19	12	6	16	77	115	107
Income before taxes	33	33	39	59	69	52	16	23	23
Income tax expense	18	7	9	14	16	12	4	5	5
Net income from continuing operations	15	26	30	45	53	40	12	18	17
Net income	15	26	30	45	53	40	12	18	17
Net income to common shareholders	–	–	29	44	52	40	12	18	17