Alerus Financial Corp. Reports 2024 Year-End Results
Ticker: ALRS · Form: 10-K · Filed: Mar 14, 2025 · CIK: 903419
| Field | Detail |
|---|---|
| Company | Alerus Financial Corp (ALRS) |
| Form Type | 10-K |
| Filed Date | Mar 14, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: financials, annual-report, earnings
TL;DR
ALRS 2024 10-K: $2B assets, $25M liabilities, $237M net income. Solid.
AI Summary
Alerus Financial Corp. filed its 10-K for the fiscal year ending December 31, 2024, reporting total assets of $2.00 billion and total liabilities of $25.34 million. The company's net income for the period was $236.99 million. Alerus Financial Corp. is headquartered in Grand Forks, North Dakota.
Why It Matters
This filing provides a comprehensive overview of Alerus Financial Corp.'s financial health and performance for the past fiscal year, offering insights into its asset base, liabilities, and profitability.
Risk Assessment
Risk Level: low — The filing is a standard annual report (10-K) and does not indicate any immediate or unusual risks.
Key Numbers
- $2.00B — Total Assets (Represents the company's total resources as of December 31, 2024.)
- $25.34M — Total Liabilities (Indicates the company's total obligations as of December 31, 2024.)
- $236.99M — Net Income (Shows the company's profitability for the fiscal year ended December 31, 2024.)
Key Players & Entities
- ALERUS FINANCIAL CORP (company) — Filer of the 10-K
- 20241231 (date) — Fiscal year end
- 20250314 (date) — Filing date
- GRAND FORKS (location) — Company headquarters city
- ND (location) — Company headquarters state
- $2.00 billion (dollar_amount) — Total assets
- $25.34 million (dollar_amount) — Total liabilities
- $236.99 million (dollar_amount) — Net income
FAQ
What were Alerus Financial Corp.'s total assets as of December 31, 2024?
Alerus Financial Corp.'s total assets were $2,000,000,000 as of December 31, 2024.
What was the company's net income for the fiscal year ending December 31, 2024?
The net income for Alerus Financial Corp. for the fiscal year ending December 31, 2024, was $236,986.
What are the company's total liabilities as reported in the 10-K?
The total liabilities reported by Alerus Financial Corp. are $25,344,803.
When was this 10-K filing submitted to the SEC?
This 10-K filing was submitted to the SEC on March 14, 2025.
Where is Alerus Financial Corp. headquartered?
Alerus Financial Corp. is headquartered at 401 Demers Ave, Grand Forks, ND.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 14, 2025 regarding ALERUS FINANCIAL CORP (ALRS).