For the quarter ending 2025-09-30, ALRS has $5,330,573K in assets. $4,779,885K in debts. $92,043K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 92,043 | 80,904 | ||
| Trading | 1,411 | 1,686 | ||
| Available-for-sale, at fair value (amortized cost of 603,221 and 686,556, respectively) | 531,014 | 541,152 | ||
| Held-to-maturity, at amortized cost (fair value of 230,597 and 236,986, respectively, with an allowance for credit losses on investments of 126 and 131, respectively) | 259,225 | 263,706 | ||
| Loans held for sale-Mortgage Receivables | 17,757 | 18,424 | ||
| Loans | 4,102,075 | 4,044,657 | ||
| Allowance for credit losses on loans | 62,127 | 59,278 | ||
| Net loans | 4,039,948 | 3,985,379 | ||
| Property, plant and equipment, gross | 92,780 | - | ||
| Less accumulated depreciation | 48,683 | - | ||
| Land, premises and equipment, net | 44,097 | 42,693 | ||
| Loans held for sale-Nonmortgage Loans | - | 50,160 | ||
| Operating lease right-of-use assets | 30,154 | 12,535 | ||
| Accrued interest receivable | 21,602 | 20,884 | ||
| Bank-owned life insurance | 38,997 | 38,613 | ||
| Goodwill | 85,634 | 85,634 | ||
| Other intangible assets, net | 35,753 | 38,462 | ||
| Servicing rights | 6,708 | 7,184 | ||
| Deferred income taxes, net | 38,497 | 41,460 | ||
| Other assets | 87,733 | 94,946 | ||
| Total assets | 5,330,573 | 5,323,822 | ||
| Noninterest-bearing | 776,791 | 790,300 | ||
| Interest-bearing | 3,635,862 | 3,547,168 | ||
| Total deposits | 4,412,653 | 4,337,468 | ||
| Short-term borrowings | 200,000 | 314,600 | ||
| Long-term debt | 59,154 | 59,126 | ||
| Operating lease liabilities | 36,918 | 18,017 | ||
| Accrued liabilities and other liabilities | 71,160 | 61,456 | ||
| Total liabilities | 4,779,885 | 4,790,667 | ||
| Preferred stock, 1 par value, 2,000,000 shares authorized 0 issued and outstanding | 0 | 0 | ||
| Common stock, 1 par value, 60,000,000 and 30,000,000 shares authorized 25,396,686 and 25,344,803 issued and outstanding | 25,397 | 25,389 | ||
| Additional paid-in capital | 271,165 | 270,735 | ||
| Retained earnings | 308,464 | 296,878 | ||
| Accumulated other comprehensive income (loss) | -54,338 | -59,847 | ||
| Total stockholders equity | 550,688 | 533,155 | ||
| Total liabilities and stockholders equity | 5,330,573 | 5,323,822 | ||
ALERUS FINANCIAL CORP (ALRS)
ALERUS FINANCIAL CORP (ALRS)