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Loans, including fees
$253,699K
Taxable
$20,699K
Other
$4,598K
Exempt from federal
income taxes
$640K
Total interest income
$279,636K
Net interest income
$172,499K
Revenue from contract
with customer,...
$65,885K
Total interest
expense
$107,137K
Revenue from contract
with customer,...
$28,265K
Revenue from contract
with customer,...
$11,855K
Other
$9,426K
Revenue from contract
with customer,...
$2,768K
Gain on sale of
non-mortgage loans
$2,080K
Net interest income
after provision for...
$171,943K
Total noninterest
income
$51,876K
Provision for credit
losses
$556K
Net gains (losses)
on investment...
-$68,403K
Deposits
$92,641K
Short-term borrowings
$11,897K
Long-term debt
$2,599K
Income before income
taxes
$22,592K
Total noninterest
expense
$201,227K
Net income
$17,439K
Income tax expense
(benefit)
$5,153K
Tax exempt interest
$1,872K
Compensation
$97,457K
Employee taxes and
benefits
$26,815K
Business services,
software and technology...
$24,699K
Occupancy and equipment
expense
$11,973K
Professional fees and
assessments
$11,100K
Intangible amortization
expense
$10,511K
Other
$7,826K
Marketing and business
development
$3,837K
Mortgage and lending
expenses
$3,127K
Supplies and postage
$2,454K
Travel
$1,428K
Proportional amortization of
lihtc credits
$536K
Other
-$297K
U.s. federal
statutory income...
$4,744K
State and local income
taxes, net of federal...
$1,557K
Reduction in deficit
-$1,005K
Section 291 interest
$519K
Other
$33K
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Income Statement
source: myfinsight.com
ALERUS FINANCIAL CORP (ALRS)
ALERUS FINANCIAL CORP (ALRS)