The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 22,971 | -33,052 | 16,924 | 33,567 |
| Deferred income taxes | 2,983 | -2,119 | 1,117 | 6,894 |
| Provision for (recovery of) credit losses | -4,883 | -307 | 0 | 863 |
| Depreciation and amortization | 3,283 | 3,772 | 3,885 | 7,663 |
| Amortization and accretion of premiums/discounts on investment securities | -26 | -198 | -196 | -377 |
| Amortization of operating lease right-of-use assets | 2,496 | 757 | 1,283 | -72 |
| Share-based compensation expense | 751 | 672 | 780 | 1,247 |
| Purchase accounting accretion, net | -3,019 | -5,126 | -4,016 | -17,438 |
| Originations of loans held for sale | 94,434 | 309,249 | 7,272 | 113,267 |
| Proceeds on loans held for sale | 96,373 | 308,098 | 11,467 | 115,851 |
| Realized loss (gain) on mortgage loans sold | 2,359 | 1,028 | 3,531 | 4,405 |
| Realized loss (gain) on non-mortgage loans sold | - | 2,080 | - | - |
| Servicing rights capitalized upon sale of mortgage loans | -11 | -11 | -53 | -101 |
| (increase) in value of bank-owned life insurance | 168 | 310 | 383 | 370 |
| Realized loss (gain) on sale of premises and equipment | -21 | -530 | 84 | -84 |
| Realized loss (gain) on derivative instruments | 261 | -111 | 21 | 484 |
| Realized loss (gain) on sale of foreclosed assets | -23 | -14 | -39 | -21 |
| Realized loss (gain) on sale of investment securities | - | -68,403 | - | - |
| Realized loss (gain) on boli mortality | - | 0 | - | - |
| Change in fair value of mortgage servicing rights | 221 | -336 | -529 | -835 |
| Realized loss (gain) on servicing rights | - | 0 | 0 | 0 |
| Realized loss (gain) on sale of esop trustee line of business | - | 0 | - | - |
| Accrued interest receivable | -1,273 | 140 | 718 | 809 |
| Other assets | -5,074 | 10,638 | -1,598 | 2,247 |
| Accrued expenses and other liabilities | -2,105 | -2,490 | 11,041 | -9,800 |
| Net cash provided (used) by operating activities | 27,813 | 16,340 | 32,781 | 18,409 |
| Proceeds from sales of trading investment securities | 926 | 0 | 783 | 5,450 |
| Purchases of trading investment securities | 1,011 | 314 | 528 | 3,729 |
| Proceeds from sales or calls of investment securities available-for-sale | 0 | 376,617 | 800 | 19,000 |
| Proceeds from maturities of investment securities available-for-sale | 15,890 | 19,022 | 16,777 | 46,759 |
| Net (increase) decrease in fhlb stock | - | - | -5,140 | 4,504 |
| Purchases of investment securities available-for-sale | 27,370 | 377,565 | - | - |
| Proceeds from calls of investment securities held-to-maturity | 340 | 35 | 200 | 146 |
| Proceeds from maturities and paydowns of investment securities held-to-maturity | 6,490 | 4,521 | 4,052 | 11,262 |
| Proceeds from sale of non-mortgage loans held for sale | - | 0 | 50,160 | 12,331 |
| Net (increase) decrease in loans | -9,271 | -58,080 | 51,804 | 102,662 |
| Purchases of fhlb stock | 146,149 | 146,149 | - | - |
| Sales of fhlb stock | 141,837 | 141,837 | - | - |
| Net cash received (paid) for business combinations | - | 0 | - | - |
| Purchases of boli | 0 | 0 | 1 | 2,210 |
| Proceeds from sale of premises and equipment | - | - | 0 | - |
| Proceeds from boli mortality claim | - | 0 | - | - |
| Purchases of premises and equipment | 2,027 | 1,048 | 2,466 | 5,185 |
| Proceeds from sales of foreclosed assets | 159 | 1,554 | 340 | 484 |
| Net cash provided (used) by investing activities | -1,644 | 75,955 | 23,453 | -22,858 |
| Net increase (decrease) in deposits | 155,879 | -220,650 | 75,185 | -40,942 |
| Net increase (decrease) in short-term borrowings with maturities of three months or less | -108,800 | 108,800 | -114,600 | 75,640 |
| Repayments of long-term debt | - | - | - | 0 |
| Cash dividends paid on common stock | 5,078 | 5,077 | 5,338 | 10,408 |
| Repurchase of common stock | 6,536 | 219 | 342 | 176 |
| Net cash provided (used) by financing activities | 35,465 | -117,146 | -45,095 | 24,114 |
| Net change in cash and cash equivalents | 61,634 | -24,851 | 11,139 | 19,665 |
| Cash and cash equivalents at beginning of period | 67,192 | 92,043 | 61,239 | - |
| Cash and cash equivalents at end of period | 128,826 | 67,192 | 92,043 | - |
ALERUS FINANCIAL CORP (ALRS)
ALERUS FINANCIAL CORP (ALRS)