Alerus Financial reported total assets of $5288.72M and total liabilities of $4705.57M for the quarter ended Jun 2026, down 0.7% year over year. This balance sheet covers 33 quarters of results from Jun 2018 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Balance SheetBalance Sheet | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||||||||||||||||||||||
| Cash & Short-Term Funds | |||||||||||||||||||||||||||||||||
| Cash & EquivalentsCash & Equiv. | 159.45M | 242.31M | 132.83M | 37.04M | 54.17M | 58.24M | 145.18M | 65.47M | 64.72M | 129.89M | 545.77M | 438.14M | 65.98M | 61.24M | 82.98M | 80.90M | 92.04M | 67.19M | 128.83M | 109.01M | |||||||||||||
| Short-term InvestmentsInvestments (Current) | 4.60M | 2.90M | 2.71M | 3.31M | 3.05M | 1.70M | 1.41M | 1.80M | 1.80M | 0.50M | |||||||||||||||||||||||
| Cash & Current Investments | 159.45M | 242.31M | 132.83M | 37.04M | 54.17M | 58.24M | 145.18M | 65.47M | 64.72M | 129.89M | 550.37M | 441.04M | 68.68M | 64.55M | 86.03M | 82.60M | 93.45M | 68.99M | 130.63M | 109.51M | |||||||||||||
| Fed Funds Sold | 18.94M | 14.12M | |||||||||||||||||||||||||||||||
| Securities | |||||||||||||||||||||||||||||||||
| Securities - Available for Sale | 655.28M | 853.65M | 866.33M | 798.80M | 729.11M | 717.32M | 705.83M | 677.45M | 640.00M | 486.74M | 472.27M | 459.35M | 466.00M | 588.05M | 567.73M | 541.15M | 531.01M | 514.10M | 522.10M | 534.19M | |||||||||||||
| Securities - Held-to-maturity | 362.59M | 352.06M | 340.15M | 331.74M | 326.41M | 321.90M | 313.65M | 308.42M | 303.27M | 299.52M | 291.93M | 286.53M | 281.91M | 275.59M | 268.63M | 263.71M | 259.23M | 254.45M | 247.44M | 242.52M | |||||||||||||
| FHLB and Federal Reserve StockFHLB/FRB Stock | 3.81M | 19.36M | 16.57M | 13.66M | 17.97M | ||||||||||||||||||||||||||||
| Loans | |||||||||||||||||||||||||||||||||
| Loans Held for Sale | 60.91M | 46.49M | 21.86M | 54.36M | 26.13M | 9.49M | 16.90M | 20.89M | 16.35M | 11.50M | 10.63M | 38.16M | 13.49M | 16.52M | 12.91M | 118.78M | 17.76M | 21.93M | 22.35M | 26.71M | |||||||||||||
| Loans - Gross | 1,800.39M | 1,758.02M | 1,818.04M | 1,890.24M | 2,318.23M | 2,443.99M | 2,486.63M | 2,533.52M | 2,606.43M | 2,759.58M | 2,799.48M | 2,915.79M | 3,032.34M | 3,992.53M | 4,085.48M | 4,044.66M | 4,102.08M | 4,048.02M | 4,034.74M | 4,034.24M | |||||||||||||
| Loans - Loss Allowance | 32.07M | 31.57M | 31.71M | 31.37M | 30.97M | 31.15M | 35.10M | 35.70M | 36.29M | 35.84M | 36.58M | 38.33M | 39.14M | 59.93M | 61.93M | 59.28M | 62.13M | 61.92M | 50.51M | 48.40M | |||||||||||||
| Loans - Net | 1,768.32M | 1,726.45M | 1,786.33M | 1,858.87M | 2,287.26M | 2,412.85M | 2,451.52M | 2,497.83M | 2,570.14M | 2,723.74M | 2,762.89M | 2,877.46M | 2,993.20M | 3,932.61M | 4,023.55M | 3,985.38M | 4,039.95M | 3,986.11M | 3,984.24M | 3,985.88M | |||||||||||||
| Other Assets | |||||||||||||||||||||||||||||||||
| Accrued Interest Receivable | 8.84M | 8.54M | 8.52M | 9.16M | 11.26M | 12.87M | 12.98M | 13.59M | 15.56M | 15.70M | 16.15M | 16.88M | 16.47M | 20.08M | 20.51M | 20.88M | 21.60M | 21.74M | 20.47M | 20.21M | |||||||||||||
| Property, Plant & Equipment (Net) | 18.40M | 18.37M | 17.62M | 17.18M | 17.07M | 17.29M | 17.63M | 17.49M | 17.18M | 17.94M | 18.16M | 17.33M | 18.79M | 39.78M | 40.73M | 42.69M | 44.10M | 43.25M | 43.98M | 43.94M | |||||||||||||
| Goodwill | 30.20M | 31.50M | 31.49M | 31.34M | 46.06M | 47.10M | 47.09M | 47.09M | 46.78M | 46.80M | 46.78M | 46.78M | 46.78M | 85.63M | 85.63M | 85.63M | 85.63M | 85.63M | 85.63M | 85.63M | |||||||||||||
| Intangibles | 1.78M | 1.88M | 1.77M | 2.06M | 2.78M | 2.64M | 2.42M | 2.35M | 18.48M | 17.16M | 2.08M | 14.51M | 13.19M | 7.92M | 7.35M | 7.18M | 35.75M | 33.37M | 6.62M | 29.42M | |||||||||||||
| Goodwill & Intangibles | 31.98M | 33.38M | 33.26M | 33.40M | 48.84M | 49.74M | 49.51M | 49.44M | 65.27M | 63.96M | 48.87M | 61.29M | 59.97M | 93.55M | 92.99M | 92.82M | 121.39M | 119.01M | 92.25M | 115.06M | |||||||||||||
| Bank-Owned Life InsuranceBOLI | 32.95M | 33.16M | 33.36M | 33.56M | 33.78M | 33.99M | 32.58M | 32.79M | 33.01M | 33.24M | 33.40M | 35.51M | 35.79M | 36.03M | 36.39M | 38.61M | 39.00M | 39.31M | 39.48M | 41.89M | |||||||||||||
| Other Real Estate OwnedOREO | 0.89M | 0.03M | 0.03M | 0.31M | |||||||||||||||||||||||||||||
| Prepaid Assets | 5.33M | 6.77M | 5.77M | 7.74M | 7.66M | ||||||||||||||||||||||||||||
| Long-Term Deferred Tax | 11.61M | 11.61M | 23.52M | 32.81M | 45.89M | 42.37M | 41.62M | 43.71M | 47.98M | 34.60M | 34.80M | 35.73M | 33.05M | 52.89M | 45.16M | 41.46M | 38.50M | 23.08M | 20.86M | 18.11M | |||||||||||||
| Long-Term Investments | 342.54M | 338.60M | 0.01M | 0.01M | |||||||||||||||||||||||||||||
| Other Assets | 38.42M | 42.71M | 49.86M | 67.19M | 69.96M | 75.71M | 73.12M | 79.66M | 87.46M | 83.43M | 77.83M | 86.35M | 86.14M | 84.72M | 90.84M | 94.95M | 87.73M | 103.02M | 100.26M | 111.56M | |||||||||||||
| Assets | 3,175.17M | 3,392.69M | 3,336.20M | 3,295.07M | 3,691.25M | 3,779.64M | 3,886.77M | 3,832.98M | 3,832.98M | 3,907.71M | 4,338.09M | 4,358.62M | 4,358.62M | 5,261.67M | 5,339.62M | 5,323.82M | 5,330.57M | 5,230.08M | 5,287.97M | 5,288.72M | |||||||||||||
| Liabilities | |||||||||||||||||||||||||||||||||
| Deposits | |||||||||||||||||||||||||||||||||
| Deposits - Non-Interest-BearingNon-Int. Deposits | 797.06M | 938.84M | 831.56M | 764.81M | 905.23M | 860.99M | 792.98M | 715.53M | 717.99M | 728.08M | 692.50M | 701.43M | 657.55M | 903.47M | 889.27M | 790.30M | 776.79M | 807.90M | 857.63M | 759.64M | |||||||||||||
| Deposits - Interest-BearingInt. Deposits | 1,916.03M | 1,981.71M | 2,060.71M | 1,854.74M | 2,056.58M | 2,054.50M | 2,239.00M | 2,137.32M | 2,154.19M | 2,367.53M | 2,592.47M | 2,597.15M | 2,666.00M | 3,474.94M | 3,596.02M | 3,547.17M | 3,635.86M | 3,384.11M | 3,490.26M | 3,432.26M | |||||||||||||
| Deposits - Total | 2,713.09M | 2,920.55M | 2,892.27M | 2,619.55M | 2,961.81M | 2,915.48M | 3,031.98M | 2,852.86M | 2,872.18M | 3,095.61M | 3,284.97M | 3,298.58M | 3,323.55M | 4,378.41M | 4,485.29M | 4,337.47M | 4,412.65M | 4,192.00M | 4,347.88M | 4,191.90M | |||||||||||||
| Borrowings | |||||||||||||||||||||||||||||||||
| Short-Term Borrowings | 242.35M | 253.83M | 378.08M | 372.15M | 492.06M | 515.47M | 314.17M | 555.00M | 555.00M | 244.70M | 238.96M | 200.00M | 314.60M | 200.00M | 308.80M | 200.00M | 345.00M | ||||||||||||||||
| Long-Term Debt | 58.96M | 58.93M | 58.90M | 58.87M | 58.84M | 58.84M | 58.87M | 58.90M | 58.93M | 58.96M | 58.99M | 59.01M | 59.04M | 59.07M | 59.10M | 59.13M | 59.15M | 59.18M | 59.21M | 59.24M | |||||||||||||
| Other Liabilities | |||||||||||||||||||||||||||||||||
| Accumulated Expenses | 45.50M | 49.53M | 52.68M | 63.28M | 68.14M | 64.46M | 59.12M | 64.73M | 66.87M | 64.10M | 62.08M | 67.61M | 61.22M | 70.83M | 62.48M | 61.46M | 71.16M | 68.88M | 63.60M | 66.69M | |||||||||||||
| Other Liabilities | 1.06M | 1.37M | 3.64M | 0.67M | 6.74M | 6.30M | 7.18M | 8.12M | 9.18M | 9.18M | 6.32M | 6.80M | 13.33M | 8.60M | 9.77M | 11.23M | 10.83M | 10.68M | 8.49M | 7.15M | |||||||||||||
| Total Liabilities | 2,821.97M | 3,033.29M | 3,007.69M | 2,987.91M | 3,346.41M | 3,422.77M | 3,527.66M | 3,475.29M | 3,483.58M | 3,538.59M | 3,966.46M | 3,985.40M | 3,972.14M | 4,766.26M | 4,825.39M | 4,790.67M | 4,779.89M | 4,665.15M | 4,713.28M | 4,705.58M | |||||||||||||
| Shareholder's Equity | |||||||||||||||||||||||||||||||||
| Common Stock | 17.21M | 17.21M | 17.29M | 17.31M | 19.99M | 19.99M | 20.07M | 19.92M | 19.85M | 19.73M | 19.78M | 19.78M | 19.79M | 25.35M | 25.37M | 25.39M | 25.40M | 25.41M | 25.21M | 24.99M | |||||||||||||
| Additional Paid-In CapitalAPIC | 91.78M | 92.88M | 92.57M | 93.13M | 154.63M | 155.10M | 154.82M | 152.67M | 151.88M | 150.34M | 150.74M | 150.86M | 151.26M | 269.71M | 270.16M | 270.74M | 271.17M | 271.61M | 266.02M | 260.07M | |||||||||||||
| Retained Earnings | 243.64M | 253.57M | 260.97M | 267.13M | 273.13M | 280.43M | 280.54M | 285.84M | 291.16M | 272.71M | 275.37M | 277.62M | 278.86M | 273.72M | 281.96M | 296.88M | 308.46M | 270.08M | 287.70M | 303.07M | |||||||||||||
| Accumulated Other Comprehensive IncomeAOCI | 0.57M | -4.26M | -42.32M | -70.41M | -102.91M | -98.64M | -96.31M | -100.74M | -113.48M | -73.66M | -74.26M | -75.03M | -63.42M | -73.37M | -63.25M | -59.85M | -54.34M | -2.16M | -4.24M | -4.98M | |||||||||||||
| Common Equity | 353.20M | 359.40M | 328.51M | 307.16M | 344.84M | 356.87M | 359.12M | 357.69M | 349.40M | 369.13M | 371.64M | 373.23M | 386.49M | 495.41M | 514.23M | 533.16M | 550.69M | 564.93M | 574.69M | 583.14M | |||||||||||||
| Liabilities and Shareholders Equity | 3,175.17M | 3,392.69M | 3,336.20M | 3,295.07M | 3,691.25M | 3,779.64M | 3,886.77M | 3,832.98M | 3,832.98M | 3,907.71M | 4,338.09M | 4,358.62M | 4,358.62M | 5,261.67M | 5,339.62M | 5,323.82M | 5,330.57M | 5,230.08M | 5,287.97M | 5,288.72M | |||||||||||||
| Additional items | |||||||||||||||||||||||||||||||||
| Total Debt | 58.96M | 58.93M | 58.90M | 301.22M | 312.67M | 436.92M | 431.02M | 550.96M | 574.40M | 373.13M | 613.99M | 614.01M | 303.74M | 298.03M | 259.10M | 373.73M | 259.15M | 367.98M | 259.21M | 404.24M |
Pull Alerus Financial's standardized financial statements into your own models, spreadsheets and apps with the Business Quant Financial Statements API. The request below follows the statement, frequency and period selected above. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/statements?ticker=ALRS&statement=BS&frequency=Quarter&period=all&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/statements"
params = {"ticker": "ALRS", "statement": "BS", "frequency": "Quarter", "period": "all", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/statements?ticker=ALRS&statement=BS&frequency=Quarter&period=all&api_key=YOUR_API_KEY");
const data = await res.json();