Alerus Financial quarterly financials
As reported to the FDIC. Dollar values are period-end balances. Net income is for the single quarter, derived from the FDIC's year-to-date figures by subtracting the prior quarter's report. Ratios (ROA, ROE, NIM) are FDIC-computed annualized year-to-date values.
| Quarter | Assets | Deposits | Net loans | Equity | Net income | ROA | ROE | NIM | Noncurrent |
|---|---|---|---|---|---|---|---|---|---|
| Q1 2026 | $5.3B | $4.4B | $4.0B | $573M | $24M | 1.81% | 16.77% | 3.76% | 1.32% |
| Q4 2025 | $5.2B | $4.2B | $4.0B | $561M | $-31953K | 0.42% | 4.16% | 3.60% | 1.63% |
| Q3 2025 | $5.3B | $4.5B | $4.1B | $551M | $18M | 1.36% | 13.69% | 3.53% | 1.45% |
| Q2 2025 | $5.3B | $4.4B | $4.1B | $538M | $22M | 1.37% | 13.93% | 3.51% | 1.16% |
| Q1 2025 | $5.3B | $4.5B | $4.0B | $519M | $14M | 1.09% | 11.34% | 3.43% | 1.16% |
| Q4 2024 | $5.3B | $4.4B | $3.9B | $501M | $6M | 0.67% | 7.53% | 2.70% | 1.31% |
| Q3 2024 | $4.1B | $3.4B | $3.0B | $371M | $8M | 0.74% | 8.52% | 2.43% | 1.58% |
| Q2 2024 | $4.3B | $3.4B | $2.9B | $357M | $8M | 0.73% | 8.61% | 2.43% | 0.21% |
| Q1 2024 | $4.3B | $3.4B | $2.8B | $356M | $8M | 0.75% | 8.65% | 2.39% | 0.26% |
| Q4 2023 | $3.9B | $3.2B | $2.7B | $354M | $-13855K | 0.42% | 4.71% | 2.54% | 0.32% |
| Q3 2023 | $3.9B | $2.9B | $2.6B | $339M | $10M | 1.04% | 11.75% | 2.57% | 0.34% |
| Q2 2023 | $3.8B | $2.9B | $2.5B | $346M | $10M | 1.02% | 11.47% | 2.67% | 0.09% |
Transcribed from FDIC BankFind Suite quarterly financial data (Call Report-derived). Income in Call Reports is filed year-to-date; per-quarter net income shown here is the difference between consecutive reports within the same year. NIM = net interest margin; “Noncurrent” = noncurrent loans as a share of total loans. These figures describe reported financials only and are not a safety rating or a prediction about the institution.