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Alerus Financial, Financial Information

About Alerus Financial

 Address:
401 Demers Avenue
Grand Forks, ND
Grand Forks County, North Dakota
 Established:
Sep 1933
 Number of domestic offices:
16
Total assets$3,012M
Net income$49M
Net income, quarterly$11M
Total deposits$2,649M
Domestic deposits$2,649M
Equity capital$316M
ROA1.8%
ROAQ, quarterly1.52%
ROA, pretax1.52%
ROAQ, quarterly, pretax1.99%
ROE16.67%
ROEQ, quarterly14.35%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Historical Data