Alerus Financial (ALRS) Annual Income Statement

Annual · GAAP · USD millions
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By examining income statement figures across successive periods, users can identify shifts in Alerus Financial's profitability and expense structure.
Annual Report, GAAP in USD millions
ITEM
(Dec 31 2025)
2025
(Dec 31 2024) (Dec 31 2023) (Dec 31 2022) (Dec 31 2021)
Revenues
Interest and Fee Income, Loans and Leases253.70
Interest and Dividend Income, Securities, Operating21.34
Other Income4.60
Total Interest Income279.64
Interest Expense, Deposits92.64
Interest Expense, Short-term Borrowing11.90
Total Interest Expense107.14
Net Interest Income172.50
Provision for loan losses0.56
Total Net Interest Income171.94
Revenue From Contract With Customer Including Assessed Tax65.89
Noninterest Income, Other Operating Income9.43
Loss / Gain on Investment2.08
Other Non-Interest Income-28.64
Total Non-interest Income51.88
Total Revenues223.82
Costs & Expenses
Salaries & employee benefits, SGA3.84
Depreciation & Amortization10.51
Travel and Entertainment Expense1.43
Professional Fees11.10
Supplies and Postage Expense2.45
Other Noninterest Expense7.83
Other loss /-income139.37
Total Operating Expenses201.23
Total Costs & Expenses305.77
Income & Taxes
Income /-loss before income taxes22.59
Income taxes expenses/-benefit5.15
Income after income taxes17.44
Net income/-loss of other equity0.00
Income /-loss after income taxes17.44
Net Income/-loss17.44
Income/-loss to shareholder17.44
Earnings Per Share
Basic EPS (excl. extra items)0.69
Basic Net EPS0.69
Basic shares outstanding (Mill. of Units)25.38
Diluted Net EPS0.68
Diluted average shares (Mill. of Units)25.70
Dividend per share0.83
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About Alerus Financial Corp Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.