Alerus Financial (ALRS) Loans - Loss Allowance: 2018-2024
Historic Loans - Loss Allowance for Alerus Financial (ALRS) over the last 7 years, with Dec 2024 value amounting to $59.9 million.
- Alerus Financial's Loans - Loss Allowance rose 58.72% to $62.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $62.1 million, marking a year-over-year increase of 58.72%. This contributed to the annual value of $59.9 million for FY2024, which is 67.20% up from last year.
- Alerus Financial's Loans - Loss Allowance amounted to $59.9 million in FY2024, which was up 67.20% from $35.8 million recorded in FY2023.
- Alerus Financial's 5-year Loans - Loss Allowance high stood at $59.9 million for FY2024, and its period low was $31.1 million during FY2022.
- Its 3-year average for Loans - Loss Allowance is $42.3 million, with a median of $35.8 million in 2023.
- Its Loans - Loss Allowance has fluctuated over the past 5 years, first declined by 7.81% in 2021, then spiked by 67.20% in 2024.
- Alerus Financial's Loans - Loss Allowance (Yearly) stood at $34.2 million in 2020, then declined by 7.81% to $31.6 million in 2021, then decreased by 1.35% to $31.1 million in 2022, then rose by 15.08% to $35.8 million in 2023, then skyrocketed by 67.20% to $59.9 million in 2024.