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Income Statement
ALERUS FINANCIAL CORP (ALRS)
source: myfinsight.com
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Other$1,101K (-82.65%↓ Y/Y)Loans, including fees$63,853K (53.26%↑ Y/Y)Taxable$5,310K (9.60%↑ Y/Y)Exempt from federalincome taxes$160K (-5.88%↓ Y/Y)Total interest income$70,424K (32.82%↑ Y/Y)Net interest income$43,032K (79.29%↑ Y/Y)Gain on sale ofnon-mortgage loans$2,115K Other$1,930K (0.36%↑ Y/Y)Revenue from contractwith customer,...$7,363K Revenue from contractwith customer,...$680K Revenue from contractwith customer,...$3,651K Revenue from contractwith customer,...$16,024K Total interestexpense$27,392K Net interest incomeafter provision for...$43,032K (120.54%↑ Y/Y)Total noninterestincome$31,763K (16.05%↑ Y/Y)Deposits$22,758K (6.93%↑ Y/Y)Long-term debt$652K (-4.68%↓ Y/Y)Short-term borrowings$3,982K (-43.54%↓ Y/Y)Income before incometaxes$26,357K (224.15%↑ Y/Y)Total noninterestexpense$48,438K (24.99%↑ Y/Y)Net income$20,253K (226.24%↑ Y/Y)Income tax expense$6,104K (217.42%↑ Y/Y)Business services,software and technology...$5,868K (27.59%↑ Y/Y)Mortgage and lendingexpenses$940K (101.28%↑ Y/Y)Intangible amortizationexpense$2,710K (104.68%↑ Y/Y)Marketing and businessdevelopment$787K (20.89%↑ Y/Y)Compensation$24,343K (20.12%↑ Y/Y)Employee taxes andbenefits$6,633K (29.20%↑ Y/Y)Occupancy and equipmentexpense$2,559K Other$1,422K (0.00%↑ Y/Y)Professional fees andassessments$2,339K (-1.43%↓ Y/Y)Supplies and postage$490K (32.43%↑ Y/Y)Travel$347K (4.52%↑ Y/Y)