Alerus Financial Corp (ALRS) — SEC Filings
Alerus Financial Corp (ALRS) — 42 SEC filings. Latest: 8-K (Dec 29, 2025). Includes 27 8-K, 6 10-Q, 4 SC 13G/A.
View Alerus Financial Corp on SEC EDGAR
Overview
Alerus Financial Corp (ALRS) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 8-K filed on Dec 29, 2025: Alerus Financial Corporation filed an 8-K on December 29, 2025, reporting on events that occurred on the same date. The filing indicates it is a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. The report covers financial statements and exhibits, and a Regulatio
Sentiment Summary
Across 42 filings, the sentiment breakdown is: 1 bullish, 1 bearish, 40 neutral. The dominant filing sentiment for Alerus Financial Corp is neutral.
Filing Type Overview
Alerus Financial Corp (ALRS) has filed 27 8-K, 6 10-Q, 2 DEF 14A, 2 10-K, 1 8-K/A, 4 SC 13G/A with the SEC between Jan 2024 to Dec 2025.
Filings by Year
Recent SEC Filings (42)
Risk Profile
Risk Assessment: Of ALRS's 36 recent filings, 1 were flagged as high-risk, 11 as medium-risk, and 24 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.
Financial Highlights
| Metric | Value |
|---|---|
| Revenue | $70.644M |
| Net Income | $16.924M |
| EPS | N/A |
| Debt-to-Equity | 0.87 |
| Cash Position | $92.043M |
| Operating Margin | N/A |
| Total Assets | $5.330B |
| Total Debt | $59.154M |
Key Executives
- Michael J. Ruzek
- David J. Ruzek
- Michael J. Urban
- Stephen L. Christianson
- Amber M. Krumm
- John D. Maxfield
Industry Context
Alerus Financial Corp operates within the highly competitive banking and financial services sector. The industry is characterized by evolving customer preferences, technological advancements (fintech), and a stringent regulatory environment. Key trends include a focus on digital banking, personalized financial services, and managing interest rate fluctuations. Competition comes from traditional banks, credit unions, and newer digital-only players, all vying for market share in lending and deposit-taking.
Top Tags
financial-condition (6) · corporate-governance (6) · 8-k (6) · financial-reporting (6) · financials (6) · results-of-operations (5) · disclosure (4) · 8-K (3) · earnings (3) · acquisition (3)
Key Numbers
| Metric | Value | Context |
|---|---|---|
| Net Income (Q3 2025) | $16.924M | Increased 225% from $5.207M in Q3 2024 |
| Net Income (YTD Q3 2025) | $50.491M | Increased 183% from $17.846M in YTD Q3 2024 |
| Net Interest Income (Q3 2025) | $43.136M | Increased from $22.542M in Q3 2024 |
| Net Interest Income (YTD Q3 2025) | $127.325M | Increased from $68.761M in YTD Q3 2024 |
| Total Assets (Sept 30, 2025) | $5.330B | Increased from $5.261B at Dec 31, 2024 |
| Net Loans (Sept 30, 2025) | $4.039B | Increased from $3.932B at Dec 31, 2024 |
| Total Gross Unrealized Losses on Investment Securities (Sept 30, 2025) | $101.726M | Primarily due to interest rate changes |
| Compensation Expense (Q3 2025) | $24.984M | Increased from $21.058M in Q3 2024 |
| Total Assets | $2.00B | Increased from $1.98B at Dec 31, 2024, showing modest growth. |
| Total Liabilities | $1.80B | Increased from $1.78B at Dec 31, 2024, mirroring asset growth. |
| Amortized Cost of Hedged MBS | $281.6M | Represents the value of residential agency mortgage-backed securities in fair value hedges at June 30, 2025. |
| Credit Loss Expense | ($793)M | Related to off-balance sheet credit exposure, a significant negative impact. |
| Common Shares Outstanding | 25.39M | Stable shareholder equity base. |
| SEC File Number | 001-39036 | Identifies the company's filing with the SEC. |
| IRS Employer Identification No. | 45-0375407 | Company's tax identification number. |
Frequently Asked Questions
What are the latest SEC filings for Alerus Financial Corp (ALRS)?
Alerus Financial Corp has 42 recent SEC filings from Jan 2024 to Dec 2025, including 27 8-K, 6 10-Q, 4 SC 13G/A. Each filing includes an AI-generated plain-English summary.
What is the overall sentiment of ALRS filings?
Across 42 filings, the sentiment breakdown is: 1 bullish, 1 bearish, 40 neutral. The dominant sentiment is neutral.
Where can I find Alerus Financial Corp SEC filings explained simply?
ReadTheFiling provides AI-powered plain-English summaries of all Alerus Financial Corp (ALRS) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.
What are the key financial highlights for Alerus Financial Corp?
Key financial highlights from Alerus Financial Corp's most recent 10-Q include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.
What is the investment thesis for ALRS?
The investment thesis for ALRS includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.
Who are the key executives at Alerus Financial Corp?
Key executives identified across Alerus Financial Corp's filings include Michael J. Ruzek, David J. Ruzek, Michael J. Urban, Stephen L. Christianson, Amber M. Krumm and 1 others.
What are the main risk factors for Alerus Financial Corp stock?
Of ALRS's 36 assessed filings, 1 were flagged high-risk, 11 medium-risk, and 24 low-risk.
What are recent predictions and forward guidance from Alerus Financial Corp?
Forward guidance and predictions for Alerus Financial Corp are extracted from SEC filings as they are enriched.