Bank call report · Grand Forks, ND
Alerus Financial, N.A. Call Report
BankRegReports is independent of Alerus Financial, N.A. and never asks for online banking logins or passwords.
Alerus Financial, N.A. filed its latest call report for the quarter ended June 30, 2026 on the FFIEC 041. Below are its 573 reported line items, schedule by schedule (855 items filed as zero are left out). The official PDF is on the FFIEC Central Data Repository.
| Call report form | FFIEC 041 |
|---|---|
| Latest quarter filed | Q2 2026 (June 30, 2026) |
| Federal Reserve RSSD ID | 933256 |
| FDIC certificate number | 3931 |
| Total assets | $5.28B |
Official Q2 2026 call report PDF (FFIEC) →
Alerus Financial, N.A. call report by schedule, Q2 2026
Dollar amounts are as filed, in the units the form uses. Each line item links to its definition; each schedule links to the full schedule reference for the FFIEC 041.
Schedule RC: Balance Sheet (29 items)
About Schedule RC · Alerus Financial, N.A. balance sheet trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Total Assets | RCON2170 | $5.28B |
| Total Liabilities, Limited-life Preferred Stock, and Equity Capital | RCON3300 | $5.28B |
| Total Liabilities and Minority Interest | RCON2948 | $4.70B |
| Total Deposits | RCON2200 | $4.24B |
| Loans and Leases, Net of Unearned Income - Totals | RCONB528 | $4.03B |
| Loans and Leases, Net of Unearned Income and Allowance | RCONB529 | $3.99B |
| Total Interest-bearing Deposits in Foreign and Domestic Offices | RCON6636 | $3.43B |
| Deposits: Noninterest-bearing | RCON6631 | $806.8M |
| Total Equity Capital | RCON3210 | $580.4M |
| Total Equity Capital Including Noncontrolling Minority Interests in Consolidated Subsidiaries | RCONG105 | $580.4M |
| Available-for-sale debt securities (from Schedule RC-B, column D) | RCON1773 | $534.2M |
| Other Borrowed Money | RCON3190 | $345.0M |
| Undivided Profits and Capital Reserves | RCON3632 | $297.7M |
| Surplus | RCON3839 | $283.6M |
| Held-to-maturity Securities, Total | RCON1754 | $242.6M |
| Held to maturity securities (ASU 2016-13 adoption) | RCONJJ34 | $242.5M |
| Other Assets | RCON2160 | $170.2M |
| Intangible Assets | RCON2143 | $122.1M |
| Other Liabilities, Total | RCON2930 | $112.2M |
| Goodwill | RCON3163 | $85.6M |
| Premises and Fixed Assets (Including Capitalized Leases) | RCON2145 | $76.0M |
| Interest-bearing Balances | RCON0071 | $69.2M |
| Allowance for Loan and Lease Losses | RCON3123 | $48.4M |
| Noninterest-bearing Balances and Currency and Coin | RCON0081 | $39.8M |
| Loans and Leases Held for Sale | RCON5369 | $26.7M |
| Other Real Estate Owned | RCON2150 | $9.5M |
| Accumulated Other Comprehensive Income | RCONB530 | -$5.0M |
| Common Stock | RCON3230 | $4.1M |
| Equity securities with readily determinable fair values not held for trading | RCONJA22 | $399K |
Schedule RI: Income Statement (53 items)
About Schedule RI · Alerus Financial, N.A. income statement trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Total Interest Income | RIAD4107 | $137.6M |
| Interest and Fee Income on Loans, Total | RIAD4010 | $119.9M |
| Total Noninterest Expense | RIAD4093 | $101.0M |
| Net Interest Income | RIAD4074 | $94.3M |
| Total Noninterest Income | RIAD4079 | $63.7M |
| Salaries and Employee Benefits | RIAD4135 | $62.0M |
| Income (Loss) Before Applicable Income Taxes and Discontinued Operations | RIAD4301 | $61.4M |
| Income (loss) before change in net unrealized holding gains (losses) on equity securities not held for trading, applicable income taxes, and discontinued operations operations (item 3 plus or minus items 4, 5.m, 6.a, 6.b, and 7.e) | RIADHT69 | $61.4M |
| Interest and Fee Income on All Other Loans Secured by Real Estate | RIAD4436 | $61.0M |
| Income (Loss) Before Discontinued Operations | RIAD4300 | $46.7M |
| Net Income (Loss) | RIAD4340 | $46.7M |
| Net Income (Loss) Attributable to Bank and Noncontrolling Minority Interests | RIADG104 | $46.7M |
| Total Interest Expense | RIAD4073 | $43.3M |
| Interest and Fee Income on Loans Secured by 1-4 Family Residential Properties | RIAD4435 | $31.4M |
| Other Noninterest Expense | RIAD4092 | $28.1M |
| Interest and Fee Income on Commercial and Industrial Loans | RIAD4012 | $23.3M |
| Savings Deposits (Including Mmdas) | RIAD0093 | $23.0M |
| Applicable Income Taxes | RIAD4302 | $14.7M |
| Interest and Dividend Income on Securities: Mortgage-backed Securities | RIADB489 | $12.8M |
| Expenses of Premises and Fixed Assets | RIAD4217 | $6.9M |
| Net Gains (Losses) on Sales of Loans | RIAD5416 | $6.7M |
| Interest Expense, Interest on Deposits, Nontransaction Accounts, Time Deposits of 250000 or Less | RIADHK03 | $6.6M |
| Interest on Transaction Accounts (NOW Accounts, Ats Accounts, and Telephone and Preauthorized Transfer Accounts) | RIAD4508 | $5.4M |
| Provisions for Credit Losses on Financial Assets | RIADJJ33 | -$4.4M |
| Interest on Trading Liabilities and Other Borrowed Money | RIAD4185 | $4.2M |
| Provision for Loan and Lease Losses | RIAD4230 | -$4.0M |
| Amortization Expense and Impairment Losses Intangible Assets | RIADC232 | $3.9M |
| Other Noninterest Income | RIADB497 | $3.9M |
| Interest Expense, Interest on Deposits, Nontransaction Accounts, Time Deposits of More Than 250000 | RIADHK04 | $2.9M |
| Interest and Fee Income on All Other Loans in Domestic Offices | RIAD4058 | $2.9M |
| Service Charges on Deposit Accounts in Domestic Offices | RIAD4080 | $2.0M |
| Interest and Fee Income on Loans to Finance Agricultural Production and Other Loans to Farmers in Domestic Offices | RIAD4024 | $1.9M |
| Interest on Other Securities | RIAD4060 | $1.8M |
| Income from the Sale and Servicing of Mutual Funds and Annuities (in Domestic Offices) | RIAD8431 | $1.6M |
| Service Charges on Deposits in Domestic Office All Other | RIADH035 | $1.5M |
| Loans to Individuals for Household, Family, and Other Personal Expenditures: Other (Includes Single Payment, Installment, All Student Loans, and Revolving Credit Plans Other Than Credit Cards) | RIADB486 | $1.4M |
| Interest Income on Balances Due from Depository Institutions | RIAD4115 | $1.1M |
| Expense of Federal Funds Purchased and Securities Sold Under Agreements to Repurchase | RIAD4180 | $1.1M |
| Fees and Commissions from Securities Brokerage | RIADC886 | $1.0M |
| Other Interest Income | RIAD4518 | $986K |
| Income from Lease Financing Receivables | RIAD4065 | $893K |
| Net Gains (Losses) on Sales of Other Assets (Excluding Securities) | RIADB496 | $665K |
| Net Servicing Fees | RIADB492 | $633K |
| Fees and Commissions from Annuity Sales | RIADC887 | $610K |
| Interest Expense Incurred to Carry Tax-exempt Securities, Loans, and Leases Acquired After August 7, 1986, That Is Not Deductible for Federal Income Tax Purposes | RIAD4513 | $430K |
| Service Charges on Deposits in Domestic Office Overdraft Related for Individuals | RIADH032 | $411K |
| Interest and Dividend Income on Tax-exempt Securities Issued by States and Political Subdivisions in the U.S. | RIAD4507 | $312K |
| Service Charges on Deposits in Domestic Office Maintenance for Individuals | RIADH033 | $126K |
| Interest and Dividend Income on Securities: U.S. Treasury Securities and U.S. Government Agency Obligations (Excluding Mortgage-backed Securities) | RIADB488 | $101K |
| Unrealized holding gains (losses) on equity securities not held for trading | RIADHT70 | $54K |
| Net Gains (Losses) on Other Real Estate Owned | RIAD5415 | -$18K |
| Income from Other Insurance and Reinsurance Activities | RIADC387 | $10K |
| Number of Full Time Equivalent Employees on Payroll at End of Current Period | RIAD4150 | 886 |
Schedule RC-A: Cash and Balances Due from Depository Institutions (5 items)
| Line item | Code | Q2 2026 |
|---|---|---|
| Cash and Balances Due from Depository Institutions | RCON0010 | $109.0M |
| Balances Due from Federal Reserve Banks | RCON0090 | $62.7M |
| Cash Items in Process of Collection and Unposted Debits | RCON0020 | $24.5M |
| Currency and Coin | RCON0080 | $12.8M |
| Balances Due from Depository Institutions in the U.S. | RCON0082 | $9.0M |
Schedule RC-B: Securities (36 items)
About Schedule RC-B · Alerus Financial, N.A. securities trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Mortgage-backed Securities (MBS): Residential Pass-through Securities: Guaranteed by GNMA: Available-for-sale Amortized Cost | RCONG302 | $258K |
| Mortgage-backed Securities (MBS): Residential Pass-through Securities: Guaranteed by GNMA: Available-for-sale Fair Value | RCONG303 | $251K |
| Mortgage-backed Securities (MBS): Residential Pass-through Securities: Issued by FNMA and FHLMC: Available-for-sale Amortized Cost | RCONG306 | $238.5M |
| Mortgage-backed Securities (MBS): Residential Pass-through Securities: Issued by FNMA and FHLMC: Available-for-sale Fair Value | RCONG307 | $235.0M |
| Mortgage-backed Securities (MBS): Other Residential MBS (Include Cmos, REMICS, and Stripped MBS): Issued or Guaranteed by FNMA, FHLMC, or GNMA - Available-for-sale Amortized Cost | RCONG314 | $246.7M |
| Mortgage-backed Securities (MBS): Other Residential MBS (Include Cmos, REMICS, and Stripped MBS): Issued or Guaranteed by FNMA, FHLMC, or GNMA - Available-for-sale Fair Value | RCONG315 | $244.4M |
| Mortgage-backed Securities (MBS): Other Residential MBS (Include Cmos, REMICS, and Stripped MBS): All Other Residential MBS - Held-to-maturity Amortized Cost | RCONG320 | $136.1M |
| Mortgage-backed Securities (MBS): Other Residential MBS (Include Cmos, REMICS, and Stripped MBS): All Other Residential MBS - Held-to-maturity Fair Value | RCONG321 | $115.3M |
| Total Amortized Cost of Available-for-sale Securities | RCON1772 | $541.7M |
| Pledged Securities | RCON0416 | $330.0M |
| OTHER MORTGAGE-BACKED SECURITIES (INCLUDE CMOs, REMICs, AND STRIPPED MBS) WITH AN EXPECTED AVERAGE LIFE OF OVER THREE YEARS | RCONA562 | $317.1M |
| Total Fair Value of Held-to-maturity Securities | RCON1771 | $215.2M |
| Mortgage Pass-through Securities Backed by Closed-end First Lien 1-4 Family Residential Mortgages with a Remaining Maturity or Next Repricing Date of Over 15 Years | RCONA560 | $168.2M |
| Amortized Cost of Held-to-maturity Securities Issued by States and Political Subdivisions in the U.S. | RCON8496 | $106.6M |
| Fair Value of Held-to-maturity Securities Issued by States and Political Subdivisions in the U.S. | RCON8497 | $99.9M |
| OTHER MORTGAGE-BACKED SECURITIES (INCLUDE CMOs, REMICs, AND STRIPPED MBS) WITH AN EXPECTED AVERAGE LIFE OF THREE YEARS OR LESS | RCONA561 | $63.4M |
| Mortgage Pass-through Securities Backed by Closed-end First Lien 1-4 Family Residential Mortgages with a Remaining Maturity or Next Repricing Date of Over Five Years Through 15 Years | RCONA559 | $58.1M |
| Amortized Cost of Other Available-for-sale Domestic Debt Securities | RCON1739 | $42.5M |
| Fair Value of Other Available-for-sale Domestic Debt Securities | RCON1741 | $40.8M |
| Securities Issued by the U.S. Treasury, U.S. Government Agencies, and States and Political Subdivisions in the U.S., Other Non-mortgage Debt Securities, and Mortgage Pass-through Securities Other Than Those Backed by Closed-end First Lien 1-4 Family Residential Mortgages with a Remaining Maturity or Next Repricing Date of Over Three Months Through 12 Months | RCONA550 | $40.6M |
| Securities Issued by the U.S. Treasury, U.S. Government Agencies, and States and Political Subdivisions in the U.S., Other Non-mortgage Debt Securities, and Mortgage Pass-through Securities Other Than Those Backed by Closed-end First Lien 1-4 Family Residential Mortgages with a Remaining Maturity or Next Repricing Date of Over Five Years Through Fifteen Years | RCONA553 | $34.8M |
| Securities Issued by the U.S. Treasury, U.S. Government Agencies, and States and Political Subdivisions in the U.S., Other Non-mortgage Debt Securities, and Mortgage Pass-through Securities Other Than Those Backed by Closed-end First Lien 1-4 Family Residential Mortgages with a Remaining Maturity or Next Repricing Date of Over One Year Through Three Years | RCONA551 | $29.7M |
| Securities Issued by the U.S. Treasury, U.S. Government Agencies, and States and Political Subdivisions in the U.S., Other Non-mortgage Debt Securities, and Mortgage Pass-through Securities Other Than Those Backed by Closed-end First Lien 1-4 Family Residential Mortgages with a Remaining Maturity or Next Repricing Date of Over Three Years Through Five Years | RCONA552 | $29.2M |
| Securities Issued by the U.S. Treasury, U.S. Government Agencies, and States and Political Subdivisions in the U.S., Other Non-mortgage Debt Securities, and Mortgage Pass-through Securities Other Than Those Backed by Closed-end First Lien 1-4 Family Residential Mortgages with a Remaining Maturity or Next Repricing Date of Three Months of Less | RCONA549 | $21.6M |
| Fixed Rate and Floating Rate Debt Securities with a Remaining Maturity of One Year or Less | RCONA248 | $13.8M |
| US government agency obligations (exclude mortgage-backed securities), Available for sale, Amortized Cost | RCONHT52 | $13.3M |
| US government agency obligations (exclude mortgage-backed securities), Available for sale, Fair Value | RCONHT53 | $13.2M |
| Mortgage Pass-through Securities Backed by Closed-end First Lien 1-4 Family Residential Mortgages with a Remaining Maturity or Next Repricing Date of Over Three Years Through Five Years | RCONA558 | $8.7M |
| Securities Issued by the U.S. Treasury, U.S. Government Agencies, and States and Political Subdivisions in the U.S., Other Non-mortgage Debt Securities, and Mortgage Pass-through Securities Other Than Those Backed by Closed-end First Lien 1-4 Family Residential Mortgages with a Remaining Maturity or Next Repricing of Over Ffteen Years | RCONA554 | $5.2M |
| Fair Value of Available-for-sale Other Foreign Debt Securities | RCON1746 | $493K |
| Amortized Cost of Available-for-sale Other Foreign Debt Securities | RCON1744 | $484K |
| Mortgage Pass-through Securities Backed by Closed-end First Lien 1-4 Family Residential Mortgages with a Remaining Maturity or Next Repricing Date of Over One Year Through Three Years | RCONA557 | $140K |
| Mortgage Pass-through Securities Backed by Closed-end First Lien 1-4 Family Residential Mortgages with a Remaining Maturity or Next Repricing Date of Over Three Months Through 12 Months | RCONA556 | $35K |
| Asset-backed Securities: Available-for-sale Amortized Cost | RCONC989 | $14K |
| Total (Asset-backed Securities) Fair Value - Available-for-sale | RCONC027 | $14K |
| Mortgage Pass-through Securities Backed by Closed-end First Lien 1-4 Family Residential Mortgages with a Remaining Maturity or Next Repricing Date of Three Months or Less | RCONA555 | $1K |
Schedule RC-C, Part I: Loans and Leases (41 items)
About Schedule RC-C, Part I · Alerus Financial, N.A. loans and leases trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Total Loans and Leases, Net of Unearned Income | RCON2122 | $4.06B |
| Pledged Loans and Leases | RCONG378 | $2.53B |
| Loans Secured by Other Nonfarm Nonresidential Properties. | RCONF161 | $893.4M |
| All Other Loans Secured by 1-4 Family Residential Properties: Secured by First Liens | RCON5367 | $855.6M |
| All Loans and Leases Other Than Closed-end Loans Secured by First Liens on 1-4 Family Residential Properties (in Domestic Offices) with a Remaining Maturity or Repricing Frequency of Over Three Years Through Five Years | RCONA573 | $852.1M |
| All Loans and Leases Other Than Closed-end Loans Secured by First Liens on 1-4 Family Residential Properties (in Domestic Offices) with a Remaining Maturity or Repricing Frequency of Over One Year Through Three Years | RCONA572 | $789.7M |
| Commercial and Industrial Loans | RCON1766 | $662.2M |
| Commercial and Industrial Loans to U.S. Addressees | RCON1763 | $662.2M |
| All Loans and Leases Other Than Closed-end Loans Secured by First Liens on 1-4 Family Residential Properties (in Domestic Offices) with a Remaining Maturity or Repricing Frequency of Over Five Years Through 15 Years | RCONA574 | $625.7M |
| Loans Secured by Owner Occupied Nonfarm Nonresidential Properties | RCONF160 | $622.2M |
| Fixed Rate and Floating Rate Loans and Leases with a Remaining Maturity of One Year or Less | RCONA247 | $558.0M |
| Closed-end Loans Secured by First Liens on 1-4 Family Residential Properties (in Domestic Offices) with a Remaining Maturity or Repricing Frequency of Over 15 Years | RCONA569 | $533.3M |
| All Loans and Leases Other Than Closed-end Loans Secured by First Liens on 1-4 Family Residential Properties (in Domestic Offices) with a Remaining Maturity or Repricing Frequency of Over 15 Years | RCONA575 | $424.5M |
| All Loans and Leases Other Than Closed-end Loans Secured by First Liens on 1-4 Family Residential Properties (in Domestic Offices) with a Remaining Maturity or Repricing Frequency of Over Three Months Through 12 Months | RCONA571 | $385.9M |
| Real Estate Loans Secured by Multi-family (5 or More) Residential Properties | RCON1460 | $361.9M |
| Adjustable Rate Closed-end Loans Secured by First Liens on 1-4 Family Residential Properties | RCON5370 | $311.7M |
| Revolving, Open-end Loans Secured by 1-4 Family Residential Properties and Extended Under Lines of Credit | RCON1797 | $273.1M |
| Closed-end Loans Secured by First Liens on 1-4 Family Residential Properties (in Domestic Offices) with a Remaining Maturity or Repricing Frequency of Over Five Years Through 15 Years | RCONA568 | $130.2M |
| All Loans and Leases Other Than Closed-end Loans Secured by First Liens on 1-4 Family Residential Properties (in Domestic Offices) with a Remaining Maturity or Repricing Frequency of Three Months or Less | RCONA570 | $119.4M |
| Loans Secured by Other Construction Loans and All Land Development and Other Land Loans | RCONF159 | $79.8M |
| Closed-end Loans Secured by First Liens on 1-4 Family Residential Properties (in Domestic Offices) with a Remaining Maturity or Repricing Frequency of Over One Year Through Three Years | RCONA566 | $70.4M |
| Closed-end Loans Secured by First Liens on 1-4 Family Residential Properties (in Domestic Offices) with a Remaining Maturity or Repricing Frequency of Over Three Years Through Five Years | RCONA567 | $66.8M |
| All Other Lease Financing Receivables | RCONF163 | $61.4M |
| Lease Financing Receivables (Net of Unearned Income) | RCON2165 | $61.4M |
| Real Estate Loans Secured by Farmland | RCON1420 | $54.2M |
| Loans to Finance Agricultural Production and Other Loans to Farmers | RCON1590 | $53.4M |
| Closed-end Loans Secured by First Liens on 1-4 Family Residential Properties (in Domestic Offices) with a Remaining Maturity or Repricing Frequency of Over Three Months Through 12 Months | RCONA565 | $35.6M |
| All Other Loans Secured by 1-4 Family Residential Properties: Secured by Junior Liens | RCON5368 | $31.9M |
| Loans Secured by 1-4 Family Residential Construction | RCONF158 | $31.2M |
| Loans to Nondepository Financial Institutions and Other Loans: Loans to Nondepository Financial Institutions | RCONJ454 | $30.2M |
| Loans to Individuals for Household, Family, and Other Personal Expenditures (I.e., Consumer Loans)(includes Purchased Paper): Other Revolving Credit Plans | RCONB539 | $29.3M |
| Closed-end Loans Secured by First Liens on 1-4 Family Residential Properties (in Domestic Offices) with a Remaining Maturity or Repricing Frequency of Three Months or Less | RCONA564 | $17.1M |
| Other Consumer Loans to Individuals for Household, Family, and Other Personal Expenditures (Includes Single Payment, Installment, and All Student Loans) | RCONK207 | $9.4M |
| Revolving, open-end lines of credit secured by 1-4 family residential properties that have converted to non-revolving closed-end status that are included in item 1.c(1) above | RCONLE75 | $7.4M |
| Obligations (Other Than Securities and Leases) of States and Political Subdivisions in the U.S. | RCON2107 | $6.0M |
| Automobile Loans to Individuals for Household, Family, and Other Personal Expenditures (I.e., Consumer Loans)(includes Purchased Paper) | RCONK137 | $5.5M |
| Loan Modifications to Borrowers Experiencing Financial Difficulty - Commercial and Industrial Loans | RCONK256 | $796K |
| Loan Modifications to Borrowers Experiencing Financial Difficulty - Commercial and Industrial Loans: to U.S. Addressees (Domicile) | RCONK163 | $796K |
| Total Loan Modifications to Borrowers Experiencing Financial Difficulty That Are in Compliance with Their Modified Terms | RCONHK25 | $796K |
| Loans to Nondepository Financial Institutions and Other Loans: Other Loans: All Other Loans (Exclude Consumer Loans) | RCONJ451 | $212K |
| Other Loans | RCONJ464 | $212K |
Schedule RC-C, Part II: Loans to Small Businesses and Small Farms (24 items)
| Line item | Code | Q2 2026 |
|---|---|---|
| Amount Currently Outstanding of Loans Secured by Nonfarm Nonresidential Properties (in Domestic Offices) with Original Amounts of More Than $250,000 Through $1,000,000 | RCON5569 | $110.8M |
| Amount Currently Outstanding of Commercial and Industrial Loans to U.S. Addressees (in Domestic Offices) with Original Amounts of More Than $250,000 Through $1,000,000 | RCON5575 | $104.1M |
| Amount Currently Outstanding of Commercial and Industrial Loans to U.S. Addressees (in Domestic Offices) with Original Amounts of More Than $100,000 Through $250,000 | RCON5573 | $27.5M |
| Amount Currently Outstanding of Commercial and Industrial Loans to U.S. Addressees (in Domestic Offices) with Original Amounts of $100,000 or Less | RCON5571 | $16.3M |
| Amount Currently Outstanding of Loans Secured by Nonfarm Nonresidential Properties (in Domestic Offices) with Original Amounts of More Than $100,000 Through $250,000 | RCON5567 | $13.3M |
| Amount Currently Outstanding of Loans Secured by Farmland (Including Farm Residential and Other Improvements) (in Domestic Offices) with Original Amounts of More Than $250,000 Through $500,000 | RCON5583 | $12.1M |
| Amount Currently Outstanding of Loans to Finance Agricultural Production and Other Loans to Farmers (in Domestic Offices) with Original Amounts of More Than $250,000 Through $500,000 | RCON5589 | $8.2M |
| Amount Currently Outstanding of Loans to Finance Agricultural Production and Other Loans to Farmers (in Domestic Offices) with Original Amounts of More Than $100,000 Through $250,000 | RCON5587 | $5.7M |
| Amount Currently Outstanding of Loans to Finance Agricultural Production and Other Loans to Farmers (in Domestic Offices) with Original Amounts of $100,000 or Less | RCON5585 | $4.1M |
| Amount Currently Outstanding of Loans Secured by Farmland (Including Farm Residential and Other Improvements) (in Domestic Offices) with Original Amounts of More Than $100,000 Through $250,000 | RCON5581 | $3.2M |
| Amount Currently Outstanding of Loans Secured by Nonfarm Nonresidential Properties (in Domestic Offices) with Original Amounts of $100,000 or Less | RCON5565 | $1.7M |
| Amount Currently Outstanding of Loans Secured by Farmland (Including Farm Residential and Other Improvements) (in Domestic Offices) with Original Amounts of $100,000 or Less | RCON5579 | $295K |
| Number of Commercial and Industrial Loans to U.S. Addressees (in Domestic Offices) with Original Amounts of $100,000 or Less | RCON5570 | 612 |
| Number of Commercial and Industrial Loans to U.S. Addressees (in Domestic Offices) with Original Amounts of More Than $250,000 Through $1,000,000 | RCON5574 | 415 |
| Number of Commercial and Industrial Loans to U.S. Addressees (in Domestic Offices) with Original Amounts of More Than $100,000 Through $250,000 | RCON5572 | 347 |
| Number of Loans Secured by Nonfarm Nonresidential Properties (in Domestic Offices) with Original Amounts of More Than $250,000 Through $1,000,000 | RCON5568 | 276 |
| Number of Loans to Finance Agricultural Production and Other Loans to Farmers (in Domestic Offices) with Original Amounts of $100,000 or Less | RCON5584 | 145 |
| Number of Loans Secured by Nonfarm Nonresidential Properties (in Domestic Offices) with Original Amounts of More Than $100,000 Through $250,000 | RCON5566 | 105 |
| Number of Loans to Finance Agricultural Production and Other Loans to Farmers (in Domestic Offices) with Original Amounts of More Than $100,000 Through $250,000 | RCON5586 | 69 |
| Number of Loans to Finance Agricultural Production and Other Loans to Farmers (in Domestic Offices) with Original Amounts of More Than $250,000 Through $500,000 | RCON5588 | 48 |
| Number of Loans Secured by Farmland (Including Farm Residential and Other Improvements) (in Domestic Offices) with Original Amounts of More Than $250,000 Through $500,000 | RCON5582 | 42 |
| Number of Loans Secured by Nonfarm Nonresidential Properties (in Domestic Offices) with Original Amounts of $100,000 or Less | RCON5564 | 39 |
| Number of Loans Secured by Farmland (Including Farm Residential and Other Improvements) (in Domestic Offices) with Original Amounts of More Than $100,000 Through $250,000 | RCON5580 | 25 |
| Number of Loans Secured by Farmland (Including Farm Residential and Other Improvements) (in Domestic Offices) with Original Amounts of $100,000 or Less | RCON5578 | 5 |
Schedule RC-E: Deposit Liabilities (37 items)
About Schedule RC-E · Alerus Financial, N.A. deposit liabilities trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Total Nontransaction Accounts (Including Mmda's) | RCON2385 | $2.79B |
| Total Nontransaction Accounts Deposits of Individuals, Partnerships, and Corporations | RCONB550 | $2.71B |
| Money Market Deposit Accounts (Mmda's) | RCON6810 | $2.04B |
| Components of Total Nontransaction Account Deposits of Individuals, Partnerships and Corporations: Deposits in All Other Mmdas of Individuals, Partnerships and Corporations | RCONP757 | $1.47B |
| Total Transaction Accounts | RCON2215 | $1.45B |
| Total Transaction Accounts - Deposits of Individuals, Partnerships, and Corporation | RCONB549 | $1.31B |
| Total Demand Deposits (See Note Below) | RCON2210 | $806.8M |
| Components of Total Nontransaction Account Deposits of Individuals, Partnerships and Corporations: Total Deposits in Those MMDA Deposit Products Intended Primarily for Individuals for Personal, Household, or Family Use | RCONP756 | $570.1M |
| Total reciprocal deposits | RCONJH83 | $454.1M |
| Time Deposits of 250000 or Less with a Remaining Maturity of One Year or Less | RCONHK11 | $363.9M |
| Sweep deposits: Fully insured, non-affiliate sweep deposits | RCONMT91 | $312.9M |
| Total sweep deposits that are not brokered deposits | RCONMT95 | $312.9M |
| Maturity and Repricing Data for Time Depoits of 250000 or Less, Time Deposits of 250000 or Less with a Remaining Maturity or Next Repricing Date of Over Three Months Through 12 Months | RCONHK08 | $223.3M |
| Components of Total Nontransaction Accounts: Total Time Deposits of $100,000 Through $250,000 | RCONJ473 | $202.1M |
| Components of Total Transaction Account Deposits of Individuals, Partnerships, and Coporations: Total Deposits in Those Noninterest-bearing Transaction Account Deposit Products Intended Primarily for Individuals for Personal, Household, or Family Use | RCONP753 | $198.8M |
| Components of Total Nontransaction Accounts: Total Time Deposits of More Than $250,000 | RCONJ474 | $194.0M |
| Total Time Deposits of Less Than $100,000 | RCON6648 | $180.2M |
| Other Nontransaction Savings Deposits (Excludes Mmda's) | RCON0352 | $173.3M |
| Time Deposits of More Than $250,000 with a Remaining Maturity of One or Year Less | RCONK222 | $173.1M |
| Components of Total Nontransaction Account Deposits of Individuals, Partnerships and Corporations: Total Deposits in Those Other Savings Deposit Account Deposit Products Intended Primarily for Individuals for Personal, Household, or Family Use | RCONP758 | $158.5M |
| Maturity and Repricing Data for Time Depoits of 250000 or Less, Time Deposits of 250000 or Less with a Remaining Maturity or Next Repricing Date of Three Months or Less | RCONHK07 | $140.6M |
| Total Transaction Accounts - Deposits of States and Political Subdivisions in the U.S. | RCON2203 | $134.2M |
| Maturity and Repricing Data for Time Depoits of More Than 250000, Time Deposits of More Than 250000 with a Remaining Maturity or Next Repricing Date of Over Three Months Through 12 Months | RCONHK13 | $102.3M |
| Total Nontransaction Accounts of States and Political Subdivisions in the U.S. | RCON2530 | $80.5M |
| Maturity and Repricing Data for Time Depoits of More Than 250000, Time Deposits of More Than 250000 with a Remaining Maturity or Next Repricing Date of Three Months or Less | RCONHK12 | $70.9M |
| All Time and Savings Deposits Held in IRA and Keogh Plan Accounts | RCON6835 | $30.7M |
| Maturity and Repricing Data for Time Depoits of More Than 250000, Time Deposits of More Than 250000 with a Remaining Maturity or Next Repricing Date of Over One Year Through Three Years | RCONHK14 | $20.3M |
| Components of Total Transaction Account Deposits of Individuals, Partnerships, and Coporations: Total Deposits in Those Interest-bearing Transaction Account Deposit Products Intended Primarily for Individuals for Personal, Household, or Family Use | RCONP754 | $17.0M |
| Components of Total Nontransaction Account Deposits of Individuals, Partnerships and Corporations: Deposits in All Other Other Savings Deposits Accounts of Individuals, Partnerships and Corporations | RCONP759 | $14.8M |
| Maturity and Repricing Data for Time Depoits of 250000 or Less, Time Deposits of 250000 or Less with a Remaining Maturity or Next Repricing Date of Over One Year Through Three Years | RCONHK09 | $11.3M |
| Individual Retirement Accounts (Iras) and Keogh Plan Accounts Included in Memorandum Item 2.C, 'Total Time Deposits of $100,000 or More,' Above | RCONF233 | $10.6M |
| Brokered Deposits of More Than $250,000 with a Remaining Maturity of One Year or Less | RCONK220 | $8.4M |
| Total Brokered Deposits | RCON2365 | $8.4M |
| Maturity and Repricing Data for Time Depoits of 250000 or Less, Time Deposits of 250000 or Less with a Remaining Maturity or Next Repricing Date of Over Three Years | RCONHK10 | $7.0M |
| Maturity and Repricing Data for Time Depoits of More Than 250000, Time Deposits of More Than 250000 with a Remaining Maturity or Next Repricing Date of Over Three Years | RCONHK15 | $567K |
| Total Transaction Accounts - Deposits of Commercial Banks and Other Depository Institutions in the U.S. | RCONB551 | $332K |
| Estimated Amount of Deposits Obtained Through the Use of Deposit Listing Services That Are Not Brokered Deposits | RCONK223 | $249K |
Schedule RC-F: Other Assets (8 items)
| Line item | Code | Q2 2026 |
|---|---|---|
| Other Assets | RCON2168 | $69.8M |
| Life Insurance Assets: General Account Life Insurance Assets | RCONK201 | $32.5M |
| Historical Cost of All Other Available-for-sale Equity Securities | RCON1752 | $28.2M |
| First Itemized Amount That Exceeds 25% of All Other Assets (2168) | RCON3549 | $26.8M |
| Accrued Interest Receivable | RCONB556 | $20.2M |
| Second Itemized Amount That Exceeds 25% of All Other Assets (2168) | RCON3550 | $17.6M |
| Net Deferred Tax Assets | RCON2148 | $16.3M |
| Life Insurance Assets: Hybrid Account Life Insurance Assets | RCONK270 | $3.2M |
Schedule RC-G: Other Liabilities (5 items)
| Line item | Code | Q2 2026 |
|---|---|---|
| All Other Liabilities | RCON2938 | $84.2M |
| Operating lease liabilities | RCONLB56 | $42.8M |
| Other Expenses Accrued and Unpaid | RCON3646 | $18.6M |
| Interest Accrued and Unpaid on Deposits (in Domestic Offices) | RCON3645 | $5.9M |
| Allowance for Credit Losses on Off-balance Sheet Credit Exposures | RCONB557 | $3.5M |
Schedule RC-K: Quarterly Averages (18 items)
About Schedule RC-K · Alerus Financial, N.A. quarterly averages trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Quarterly Average of Total Assets | RCON3368 | $5.23B |
| Quarterly Average of Total Loans | RCON3360 | $4.05B |
| Nontransaction Accounts in Domestic Offices: Savings Deposits | RCONB563 | $2.17B |
| Quarterly Average of All Other Loans Secured by Real Estate | RCON3466 | $1.98B |
| Quarterly Average of Loans Secured by 1-4 Family Residential Properties | RCON3465 | $1.20B |
| Quarterly Average of Commercial and Industrial Loans | RCON3387 | $685.9M |
| Transaction Accounts (in Domestic Offices) (NOW Accounts, Ats Accounts, and Telephone and Preauthorized Transfer Accounts) - Quarterly Average | RCON3485 | $650.2M |
| Mortgage-backed Securities | RCONB559 | $624.3M |
| Liabilities, Nontransaction Accounts, Time Deposits of 250000 or Less | RCONHK16 | $393.2M |
| Quarterly Average of Other Borrowed Money | RCON3355 | $226.7M |
| Liabilities, Nontransaction Accounts, Time Deposits of More Than 250000 | RCONHK17 | $178.1M |
| All Other Securities | RCONB560 | $146.4M |
| Quarterly Average of Federal Funds Purchased and Securities Sold Under Agreements to Repurchase | RCON3353 | $74.1M |
| Quarterly Average of Loans to Finance Agricultural Production and Other Loans to Farmers | RCON3386 | $53.4M |
| Quarterly Average of Interest-bearing Balances Due from Depository Institutions | RCON3381 | $45.8M |
| Loans to Individuals for Household, Family, and Other Personal Expenditures: Other | RCONB562 | $44.0M |
| Lease Financing Receivables (Net of Unearned Income) - Quarterly Average | RCON3484 | $40.3M |
| U.S. Treasury Securities and U.S. Government Agency Obligations (Excluding Mortgage-backed Securities) | RCONB558 | $8.3M |
Schedule RC-L: Derivatives and Off-Balance-Sheet Items (21 items)
About Schedule RC-L · Alerus Financial, N.A. derivatives and off-balance-sheet items trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Notional Amounts by Regulatory Capital Treatment: All Other Positions: Purchased Protection That Is Not Recognized as a Guarantee for Regulatory Capital Purposes | RCONG405 | $35.3M |
| Notional Amount of Purchased Credit Protection: Subinvestment Grade - with Remaining Maturity of Over Five Years | RCONG417 | $35.3M |
| Total Gross Notional Amount of Interest Rate Derivative Contracts Held for Purposes Other Than Trading: Contracts Marked to Market | RCON8725 | $1.67B |
| Interest Rate Contracts - Notional Value of All Outstanding Interest Rate Swaps | RCON3450 | $1.15B |
| Interest Rate Swaps Where the Bank Has Agreed to Pay a Fixed Rate | RCONA589 | $615.0M |
| Other Unused Commitments: Commercial and Industrial Loans | RCONJ457 | $414.1M |
| Unused Commitments - Revolving, Open-end Lines Secured by 1-4 Family Residential Properties | RCON3814 | $366.8M |
| Written OTC Interest Rate Option Contracts | RCON8709 | $250.9M |
| Purchased OTC Interest Rate Option Contracts | RCON8713 | $200.0M |
| Other Unused Commitments: All Other Unused Commitments | RCONJ459 | $150.6M |
| Interest Rate Forward Contracts | RCON8697 | $67.5M |
| Commercial Real Estate, Other Construction Loan and Land Development Loan Commitments | RCONF165 | $66.8M |
| Credit Derivatives: Notional Amounts-other Credit Derivatives-beneficiary | RCONC975 | $35.3M |
| 1-4 Family Residential Construction Loan Commitments | RCONF164 | $34.9M |
| Year-to-date Merchant Credit Card Sales Volume:sales for Which the Reporting Bank Is the Agent Bank with Risk | RCONC224 | $18.6M |
| All Other Off-balance Sheet Liabilities | RCON3430 | $18.4M |
| Standby Letters of Credit Issued by a Federal Home Loan Bank on the Bank's Behalf | RCONC978 | $18.4M |
| Financial Standby Letters of Credit and Foreign Office Guarantees | RCON3819 | $14.5M |
| Gross Positive Fair Value of Interest Rate Derivative Contracts Held for Purposes Other Than Trading That Are Marked to Market | RCON8741 | $8.8M |
| Gross Negative Fair Value of Interest Rate Derivative Contracts Held for Purposes Other Than Trading That Are Marked to Market | RCON8745 | $7.1M |
| Notional Amount of Credit Derivatives on Which the Reporting Bank Is the Beneficiary:gross Positive Fair Value | RCONC221 | $52K |
Schedule RC-M: Memoranda (10 items)
About Schedule RC-M · Alerus Financial, N.A. memoranda trends
| Line item | Code | Q2 2026 |
|---|---|---|
| FHLB Advances (Loans) Due in One Year or Less | RCON2651 | $345.0M |
| FHLB Advances: Advances with a Remaining Maturity or Next Repricing Date of One Year or Less | RCONF055 | $345.0M |
| All other intangible assets | RCONJF76 | $29.4M |
| Estimated Fair Value of Mortgage Servicing Assets | RCONA590 | $7.0M |
| Mortgage Servicing Assets | RCON3164 | $7.0M |
| All Other Real Estate Owned: 1-4 Family Residential Properties in Domestic Offices | RCON5510 | $6.0M |
| All Other Real Estate Owned: Nonfarm Nonresidential Properties in Domestic Offices | RCON5512 | $3.6M |
| Aggregate Amount of All Extensions of Credit to All Executive Officers, Directors, Principal Shareholders, and Their Related Interests | RCON6164 | $1.9M |
| Cost of equity securities with readily determinable fair values not held for trading | RCONJA29 | $366K |
| Number of Executive Officers, Directors, and Principal Shareholders to Whom the Amount of All Extensions of Credit by the Reporting Bank (Including Extensions of Credit to Related Interests) Equals or Exceeds the Lesser of $500,000 or 5 Percent of Total Capital as Defined for This Purpose in Agency Regulations | RCON6165 | 2 |
Schedule RC-N: Past Due and Nonaccrual Loans, Leases, and Other Assets (32 items)
About Schedule RC-N · Alerus Financial, N.A. past due and nonaccrual loans, leases, and other assets trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Nonaccrual Assets Sold During the Quarter | RCONC411 | $33.6M |
| Total Loans and Lease Finance Receivables: Nonaccrual | RCON1403 | $10.3M |
| Total Loans and Lease Financing Receivables: Past Due 30-89 Days and Still Accruing | RCON1406 | $6.5M |
| Additions to Nonaccrual Assets | RCONC410 | $4.3M |
| Loans Secured by Real Estate (in Domestic Offices): Secured by Multifamily (5 or More) Residential Properties - Past Due 30 Through 89 Days and Still Accruing | RCON3499 | $3.6M |
| Commercial and Industrial Loans - Nonaccrual | RCON1608 | $3.4M |
| Closed-end Loans Secured by 1-4 Family Residential Properties:secured by First Liens-nonaccural | RCONC229 | $2.2M |
| All Other Loans - Nonaccrual | RCON5461 | $2.1M |
| Loans to Nondepository Financial Institutions Included in Schedule Rc-n, Item 7 - Nonaccrual | RCONPV25 | $1.7M |
| Commercial and Industrial Loans - Past Due 30-89 Days and Still Accruing | RCON1606 | $1.6M |
| Loans and Leases Reported in the Past Due and Nonaccrual Loans, Leases and Other Assets Which Are Wholly or Partially Guaranteed by the U.S. Government , Excluding Loans and Leases Covered by Loss-sharing Agreements with the FDIC - Nonaccrual | RCONK038 | $964K |
| Loans Secured by Real Estate (in Domestic Offices): Secured by Multifamily (5 or More) Residential Properties - Nonaccrual | RCON3501 | $888K |
| Loans and Leases Reported in the Past Due and Nonaccrual Loans, Leases and Other Assets Which Are Wholly or Partially Guaranteed by the U.S. Government , Excluding Loans and Leases Covered by Loss-sharing Agreements with the FDIC - Past Due 30 Through 89 Days and Still Accruing | RCONK036 | $680K |
| Loans Secured by 1-4 Family Residential Properties: Revolving, Open-end Loans Secured by 1-4 Family Residential Properties and Extended Under Lines of Credit - Nonaccrual | RCON5400 | $618K |
| Guaranteed Portion of Loans and Leases Included in Item 10, Excluding Rebooked 'Gnma Loans' Past Due 30 Through 89 Days and Still Accruing | RCONK039 | $510K |
| Closed-end Loans Secured by 1-4 Family Residential Properties:secured by First Liens-past Due 90 Days or More and Still Accruing | RCONC237 | $448K |
| Total Loans and Lease Financing Receivables: Past Due 90 Days or More and Still Accruing | RCON1407 | $448K |
| Loans Secured by 1-4 Family Residential Properties: Revolving, Open-end Loans Secured by 1-4 Family Residential Properties and Extended Under Lines of Credit - Past Due 30 Through 89 Days and Still Accruing | RCON5398 | $446K |
| Guaranteed Portion of Loans and Leases Included in Item 10, Excluding Rebooked 'Gnma Loans' : Nonaccrual | RCONK041 | $341K |
| Loans to Individuals for Household, Family and Other Personal Expenditures: Other - Nonaccrual | RCONK218 | $299K |
| Loans Secured by Other Nonfarm Nonresidential Properties, Nonaccrual | RCONF183 | $297K |
| Loans to Finance Agricultural Production and Other Loans to Farmers - Nonaccrual | RCON1583 | $267K |
| Closed-end Loans Secured by 1-4 Family Residential Properties:secured by First Liens-past Due 30 Thru 89 Days and Still Accruing | RCONC236 | $261K |
| All Other Loans - Past Due 30 Through 89 Days and Still Accruing | RCON5459 | $259K |
| Loans to Finance Agricultural Production and Other Loans to Farmers - Past Due 30-89 Days and Still Accruing | RCON1594 | $259K |
| Loans Secured by Real Estate (in Domestic Offices): Secured by Farmland - Past Due 30 Through 89 Days and Still Accruing | RCON3493 | $229K |
| Closed-end Loans Secured by 1-4 Family Residential Properties:secured by Junior Liens-nonaccural | RCONC230 | $200K |
| Loans Secured by Real Estate (in Domestic Offices): Secured by Farmland - Nonaccrual | RCON3495 | $168K |
| Loans Secured by Owner-occupied Nonfarm Nonresidential Properties, Nonaccrual | RCONF182 | $148K |
| Closed-end Loans Secured by 1-4 Family Residential Properties:secured by Junior Liens-past Due 30 Thru 89 Days and Still Accruing | RCONC238 | $90K |
| Loans to Individuals for Household, Family and Other Personal Expenditures: Other - Past Due 30 Through 89 Days and Still Accruing | RCONK216 | $69K |
| Loans to Individuals for Household, Family and Other Personal Expenditures: Automobile Loans - Past Due 30 Through 89 Days and Still Accruing | RCONK213 | $48K |
Schedule RC-O: Other Data for Deposit Insurance Assessments (13 items)
About Schedule RC-O · Alerus Financial, N.A. other data for deposit insurance assessments trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Average Consolidated Total Assets for the Calendar Quarter | RCONK652 | $5.23B |
| Total Deposit Liabilities as Defined in Section 3(1) of the Federal Deposit Insurance Act Before Exclusions | RCONF236 | $4.24B |
| Amount of Deposit Accounts (Excluding Retirement Accounts) of More Than $250,000 | RCONF051 | $2.21B |
| Amount of Deposit Accounts (Excluding Retirement Accounts) of $250,000 or Less | RCONF049 | $1.77B |
| Estimated Amount of Uninsured Assessable Deposits in Domestic Offices of the Bank and in Insured Branches in Puerto Rico and U.S. Territories and Possessions, Including Related Interest Accrued and Unpaid | RCON5597 | $1.49B |
| Average Tangible Equity for the Calendar Quarter | RCONK654 | $470.5M |
| Amount of Retirement Deposits Accounts of $250,000 or Less | RCONF045 | $138.6M |
| Amount of Retirement Deposit Accounts of More Than $250,000 | RCONF047 | $133.2M |
| Number of Deposit Accounts (Excluding Retirement Accounts)of $250,000 or Less | RCONF050 | 56,075 |
| Number of Retirement Deposit Accounts of $250,000 or Less | RCONF046 | 12,089 |
| Number of Deposit Accounts (Excluding Retirement Accounts) of More Than $250,000 | RCONF052 | 2,138 |
| Number of Retirement Deposit Accounts of More Than $250,000 | RCONF048 | 189 |
| Averaging Method Used | RCONK653 | 1 |
Schedule RC-P: 1-4 Family Residential Mortgage Banking Activities (4 items)
| Line item | Code | Q2 2026 |
|---|---|---|
| Retail originations during the quarter of 1-4 family residential mortgage loans for sale | RCONHT81 | $113.5M |
| Principal Amount of 1-4 Family Residential Mortgage Loans Sold During the Quarter | RCONFT04 | $109.1M |
| Quarter End Amount of 1-4 Family Residential Mortgage Loans Held for Sale or Trading | RCONFT05 | $26.7M |
| Noninterest income for the quarter from the sale, securitization, and servicing of 1-4 family residential mortgage loans | RIADHT85 | $3.3M |
Schedule RC-Q: Assets and Liabilities Measured at Fair Value on a Recurring Basis (19 items)
| Line item | Code | Q2 2026 |
|---|---|---|
| Total Assets Measured at Fair Value on a Recurring Basis - Total Fair Value Reported on Schedule Rc | RCONG502 | $550.1M |
| Total Assets Measured at Fair Value on a Recurring Basis - Level 2 Fair Value Measurements | RCONG505 | $543.0M |
| Available-for-sale Securities - Level 2 Fair Value Measurements | RCONG476 | $534.6M |
| Available-for-sale debt securities and equity securities with readily determinable fair values not held for trading purposes | RCONJA36 | $534.6M |
| All Other Assets - Total Fair Value Reported on Schedule Rc | RCONG391 | $15.5M |
| All Other Assets (Itemize and Describe Amounts Included in Schedule Rc-q, Item 6, That Are Greater Than $100,000 and Exceed 25% of Item 6): Nontrading Derivative Assets - Total Fair Value Reported on Schedule Rc | RCONG541 | $8.5M |
| All Other Assets (Itemize and Describe Amounts Included in Schedule Rc-q, Item 6, That Are Greater Than $100,000 and Exceed 25% of Item 6): Nontrading Derivative Assets - Level 2 Fair Value Measurements | RCONG544 | $8.4M |
| All Other Assets - Level 2 Fair Value Measurements | RCONG396 | $8.4M |
| All Other Liabilities (Itemize and Describe Amounts Included in Schedule Rc-q, Item 13, That Are Greater Than $100,000 and Exceed 25% of Item 13): Nontrading Derivative Liabilities - Level 2 Fair Value Measurements | RCONG569 | $7.1M |
| All Other Liabilities (Itemize and Describe Amounts Included in Schedule Rc-q, Item 13, That Are Greater Than $100,000 and Exceed 25% of Item 13): Nontrading Derivative Liabilities - Total Fair Value Reported on Schedule Rc | RCONG566 | $7.1M |
| All Other Liabilities - Level 2 Fair Value Measurements | RCONG808 | $7.1M |
| All Other Liabilities - Total Fair Value Reported on Balance Sheet | RCONG805 | $7.1M |
| Total Liabilities Measured at Fair Value on a Recurring Basis - Level 2 Fair Value Measurements | RCONG534 | $7.1M |
| Total Liabilities Measured at Fair Value on a Recurring Basis - Total Fair Value Reported on Schedule Rc | RCONG531 | $7.1M |
| All Other Assets - Level 3 Fair Value Measurements | RCONG804 | $7.1M |
| Total Assets Measured at Fair Value on a Recurring Basis - Level 3 Fair Value Measurements | RCONG506 | $7.1M |
| All Other Assets (Itemize and Describe Amounts Included in Schedule Rc-q, Item 6, That Are Greater Than $100,000 and Exceed 25% of Item 6): Mortgage Servicing Rights - Level 3 Fair Value Measurements | RCONG540 | $7.0M |
| All Other Assets (Itemize and Describe Amounts Included in Schedule Rc-q, Item 6, That Are Greater Than $100,000 and Exceed 25% of Item 6): Mortgage Servicing Rights - Total Fair Value Reported on Schedule Rc | RCONG536 | $7.0M |
| All Other Assets (Itemize and Describe Amounts Included in Schedule Rc-q, Item 6, That Are Greater Than $100,000 and Exceed 25% of Item 6): Nontrading Derivative Assets - Level 3 Fair Value Measurements | RCONG545 | $52K |
Schedule RC-R: Regulatory Capital (1 item)
About Schedule RC-R · Alerus Financial, N.A. regulatory capital trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Risk-weighted Assets Before Deductions for Excess Allowance for Loan and Lease Losses and Allocated Transfer Risk Reserve - 100% | RCONB704 | $4.34B |
Schedule RC-R, Part I: Regulatory Capital Components and Ratios (26 items)
About Schedule RC-R, Part I · Alerus Financial, N.A. regulatory capital components and ratios trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Average total consolidated assets | RCOAKW03 | $5.23B |
| Average Total Assets (Net of Deductions) | RCOAA224 | $5.12B |
| Risk-weighted Assets (Net of Allowances and Other Deductions) | RCOAA223 | $4.34B |
| Common Equity Tier 1 Capital Before Adjustments and Deductions | RCOAP840 | $580.4M |
| Total Qualifying Capital Allowable Under the Risk-based Capital Guidelines | RCOA3792 | $526.1M |
| Common Equity Tier 1 Capital | RCOAP859 | $474.1M |
| Subtotal of Common Equity Tier 1 Capital: Adjustments and Deductions | RCOAP852 | $474.1M |
| Tier 1 Capital Allowable Under the Risk-based Capital Guidelines | RCOA8274 | $474.1M |
| Retained Earnings | RCOAKW00 | $297.7M |
| Common Equity Tier 1 Capital: Common Stock Plus Related Surplus, Net of Treasury Stock and Unearned Employee Stock Ownership Plan (ESOP) Shares | RCOAP742 | $287.7M |
| Less: Deductions from Common Equity Tier 1 Capital and Additional Tier 1 Capital (Sum of Items 6, 7, 8, 10.B, 11, 13 Through 17 and Certain Elements of Item 24 - See Instructions) | RCOAP875 | $111.2M |
| Goodwill Net of Associated Deferred Tax Liabilities (Dtls) | RCOAP841 | $81.8M |
| General Loan and Lease Valuation Allowances | RCOA5310 | $51.9M |
| Tier 2 (Supplementary) Capital | RCOA5311 | $51.9M |
| Tier 2 Capital Before Deductions | RCOAP870 | $51.9M |
| Intangible Assets (Other Than Goodwill and Mortgage Servicing Assets (Msas)), Net of Associated Dtls | RCOAP842 | $29.4M |
| Less: Net Unrealized Gains (Losses) on Available-for-sale Debt Securities (If a Gain, Report as a Positive Value, If a Loss, Report as a Negative Value) | RCOAP844 | -$5.6M |
| Accumulated Other Comprehensive Income | RCOAB530 | -$5.0M |
| Accumulated Net Gains (Losses)on Cash-flow Hedges (If a Gain, Report as a Positive Value, If a Loss, Report as a Negative Value) | RCOAP846 | $774K |
| Less: Net Unrealized Gains (Losses) on Held-to-maturity Securities That Are Included in AOCI (If a Gain, Report as a Positive Value, If a Loss, Report as a Negative Value) | RCOAP848 | -$185K |
| A. AOCI Opt-out Election (Enter '1' for Yes, Enter '0' for No.) | RCOAP838 | 1 |
| Total Risk-based Capital Ratio | RCOA7205 | 0.1211 |
| Common Equity Tier 1 Capital Ratio | RCOAP793 | 0.1092 |
| Tier 1 Risk-based Capital Ratio | RCOA7206 | 0.1092 |
| Tier 1 Leverage Capital Ratio | RCOA7204 | 0.0926 |
| Institution-specific Capital Buffer Necessary to Avoid Limitations on Distributions and Discretionary Bonus Payments: Capital Conservation Buffer | RCOAH311 | 0.0411 |
Schedule RC-R, Part II: Risk-Weighted Assets (93 items)
About Schedule RC-R, Part II · Alerus Financial, N.A. risk-weighted assets trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Risk-weighted Assets for Purposes of Calculating the Allowance for Loan and Lease Losses 1.25 Percent Threshold | RCONS580 | $4.34B |
| Total Risk-weighted Assets | RCONG641 | $4.34B |
| Risk-weighted Assets by Risk-weighted Category - 100 Pct Risk Weight Category | RCONG637 | $3.64B |
| Total Assets, Derivatives, Off-balance Sheet Items and Other Items Subjet to Risk Weighting by Risk-weighted Category - 100 Pct Risk Weight Category | RCONG633 | $3.64B |
| Total Balance Sheet Assets - 100 Pct Risk Weight Category | RCOND990 | $3.20B |
| Total Loans and Leases, Net of Unearned Income, All Other Exposures | RCONS457 | $2.86B |
| Loans and Leases, Net of Unearned Income, All Other Exposures - 100 Pct Risk Weight Category | RCONS462 | $2.76B |
| Total Loans and Leases, Net of Unearned Income, Residential Mortgage Exposures | RCONS439 | $1.16B |
| Total Assets, Derivatives, Off-balance Sheet Items and Other Items Subjet to Risk Weighting by Risk-weighted Category - 50 Pct Risk Weight Category | RCONG632 | $1.03B |
| Total Balance Sheet Assets - 50 Pct Risk Weight Category | RCOND989 | $1.02B |
| Loans and Leases, Net of Unearned Income, Residential Mortgage Exposures - 50 Pct Risk Weight Category | RCONS442 | $961.4M |
| Unused Commitments, Original Maturity Exceeding One Year - Face, Notional, or Other Amount | RCONG624 | $706.9M |
| Notional Principal Amounts of Over-the-counter Derivate Contracts, Interest Rate - Over One Year Through Five Years | RCONS583 | $691.0M |
| Total Assets, Derivatives, Off-balance Sheet Items and Other Items Subjet to Risk Weighting by Risk-weighted Category - 20 Pct Risk Weight Category | RCONG631 | $594.8M |
| Total Balance Sheet Assets - 20 Pct Risk Weight Category | RCOND988 | $594.8M |
| Available-for-sale debt securities and equity securities with readily determinable fair values not held for trading purposes, Total Fair Value | RCONJA21 | $534.6M |
| Risk-weighted Assets by Risk-weighted Category - 50 Pct Risk Weight Category | RCONG636 | $513.1M |
| Notional Principal Amounts of Over-the-counter Derivate Contracts, Interest Rate - Over Five Years | RCONS584 | $393.0M |
| Total All Other Assets | RCOND981 | $377.6M |
| Available-for-sale Securities - 20 Pct Risk Weight Category | RCOND968 | $361.7M |
| Unused Commitments, Original Maturity Exceeding One Year - Credit Equivalent Amount | RCONG625 | $353.5M |
| Unused Commitments, Original Maturity Exceeding One Year - 100 Pct Risk Weight Category | RCONG629 | $347.4M |
| Unused Commitments, Original Maturity of One Year or Less, Excludes Unused Commitments to Asset Backed Commercial Paper Conduits, Face, Notional or Other Amount | RCONS525 | $325.8M |
| Notional Principal Amounts of Over-the-counter Derivate Contracts, Interest Rate - One Year or Less | RCONS582 | $313.9M |
| Total Assets, Derivatives, Off-balance Sheet Items and Other Items Subjet to Risk Weighting by Risk-weighted Category - 0 Pct Risk Weight Category | RCONG630 | $258.0M |
| Total Balance Sheet Assets - 0 Pct Risk Weight Category | RCOND987 | $226.1M |
| Total Balance Sheet Assets - Adjustments to Total Reported in Column a | RCONS500 | $211.2M |
| Loans and Leases, Net of Unearned Income, Residential Mortgage Exposures - 100 Pct Risk Weight Category | RCONS443 | $198.3M |
| All Other Assets - 100 Pct Risk Weight Category | RCOND985 | $197.4M |
| Available-for-sale Securities - 0 Pct Risk Weight Category | RCOND967 | $137.0M |
| On-balance Sheet Securitization Exposures, Held-to-maturity Securities - Adjustments to Total Reported in Column a | RCONS476 | $134.0M |
| Total On-balance Sheet Securitization Exposures, Held-to-maturity Securities | RCONS475 | $134.0M |
| All Other Assets - Adjustments to Totals Reported in Column a | RCONS469 | $133.0M |
| Risk-weighted Assets by Risk-weighted Category - 20 Pct Risk Weight Category | RCONG635 | $119.0M |
| Total Cash and Balances Due from Depository Institutions | RCOND957 | $109.0M |
| Total Held-to-maturity Securities | RCOND961 | $108.5M |
| Loans and Leases, Net of Unearned Income, All Other Exposures - 20 Pct Risk Weight Category | RCONS460 | $100.6M |
| Held-to-maturity Securities - 20 Pct Risk Weight Category | RCOND963 | $78.6M |
| Cash and Balances Due from Depository Institutions - 0 Pct Risk Weight Category | RCOND958 | $77.8M |
| Unused Commitments, Original Maturity of One Year or Less, Excludes Unused Commitments to Asset Backed Commercial Paper Conduits, Credit Equivalent Amount | RCONS526 | $65.2M |
| Unused Commitments, Original Maturity of One Year or Less, Excludes Unused Commitments to Asset Backed Commercial Paper Conduits, 100% | RCONS530 | $65.1M |
| Available-for-sale Securities - 100 Pct Risk Weight Category | RCOND970 | $43.3M |
| Notional Principal Amounts of Over-the-counter Derivate Contracts, Credit Non--investment Grade Reference Asset - Over Five Years | RCONS593 | $35.3M |
| Cash and Balances Due from Depository Institutions - 20 Pct Risk Weight Category | RCOND959 | $31.3M |
| Held-to-maturity Securities - 50 Pct Risk Weight Category | RCOND964 | $30.2M |
| On-balance Sheet Securitization Exposures, Held-to-maturity Securities - Ssfa Risk Weight Exposure, by Calculation Methodology | RCONS478 | $27.2M |
| Loans and Leases Held for Sale, Residential Mortgage Exposures - 50 Pct Risk Weight Category | RCONS416 | $26.7M |
| Total Loans and Leases Held for Sale, Residential Mortgage Exposures | RCONS413 | $26.7M |
| Off-balance Sheet Securitization Exposures - Adjustments to Total Reported in Column a | RCONS496 | $24.2M |
| Total Off-balance Sheet Securitization Exposures | RCONS495 | $24.2M |
| All Other Assets - 20 Pct Risk Weight Category | RCOND983 | $22.6M |
| Over-the-counter Derivatives - Credit Equivalent Amount | RCONS542 | $21.8M |
| All Other Off- Balance Sheet Liabilities - 0 Pct Risk Weight Category | RCONG620 | $18.4M |
| All Other Off- Balance Sheet Liabilities - Credit Equivalent Amount | RCONG619 | $18.4M |
| All Other Off- Balance Sheet Liabilities - Face, Notional or Other Amount | RCONG618 | $18.4M |
| Risk-weighted Assets by Risk-weighted Category - 250 Pct Risk Weight Category | RCONS573 | $17.6M |
| Risk-weighted Assets by Risk-weighted Category - 150 Pct Risk Weight Category | RCONS572 | $17.2M |
| Financial Standby Letters of Credit - 100 Pct Risk Weight Category | RCOND996 | $14.5M |
| Financial Standby Letters of Credit - Credit Equivalent Amount | RCOND992 | $14.5M |
| Financial Standby Letters of Credit - Face, Notional, or Other Amount | RCOND991 | $14.5M |
| Over-the-counter Derivatives - 100 Pct Risk Weight Category | RCONS547 | $11.8M |
| Total Assets, Derivatives, Off-balance Sheet Items and Other Items Subjet to Risk Weighting by Risk-weighted Category - 150 Pct Risk Weight Category | RCONS561 | $11.5M |
| Total Balance Sheet Assets - 150 Pct Risk Weight Category | RCONS503 | $11.5M |
| Total Loans and Leases, Net of Unearned Income, Exposures Past Due 90 Days or More or on Nonaccrual | RCONS449 | $10.7M |
| Over-the-counter Derivatives - 0 Pct Risk Weight Category | RCONS543 | $9.9M |
| All Other Assets - 0 Pct Risk Weight Category | RCOND982 | $9.1M |
| Current Credit Exposure Across All Derivative Contracts Covered by the Regulatory Capital Rules | RCONG642 | $8.9M |
| Off-balance Sheet Securitization Exposures - Ssfa Risk Weight Exposure, by Calculation Method | RCONS498 | $8.4M |
| Available-for-sale Securities - Adjustment to Totals Reported in Column a | RCONS402 | -$7.4M |
| All Other Assets - 250 Pct Risk Weight Category | RCONH293 | $7.0M |
| The total of all components in the 250% balance sheet asset category on Call Report Schedule RC-R is multiplied by 250% | RCONS504 | $7.0M |
| Total Assets, Derivatives, Off-balance Sheet Items and Other Items Subjet to Risk Weighting by Risk-weighted Category - 250 Pct Risk Weight Category | RCONS562 | $7.0M |
| Loans and Leases, Net of Unearned Income, Exposures Past Due 90 Days or More or on Nonaccrual - 150 Pct Risk Weight Category | RCONS455 | $6.3M |
| All Other Assets - 50 Pct Risk Weight Category | RCOND984 | $5.2M |
| Loans and Leases, Net of Unearned Income, High Volatility Commercial Real Estate Exposures - 150 Pct Risk Weight Category | RCONS447 | $5.1M |
| Total Loans and Leases, Net of Unearned Income, High Volatility Commercial Real Estate Exposures | RCONS445 | $5.1M |
| Loans and Leases, Net of Unearned Income, Exposures Past Due 90 Days or More or on Nonaccrual - 100 Pct Risk Weight Category | RCONS454 | $4.4M |
| Unused Commitments, Original Maturity Exceeding One Year - 0 Pct Risk Weight Category | RCONG626 | $3.4M |
| All Other Assets, Separate Account Bank-owned Life Insurance - Application of Other Risk Weighting Approaches Exposure Amount | RCONH296 | $3.2M |
| All Other Assets, Separate Account Bank-owned Life Insurance - Application of Other Risk Weighting Approaches Risk-weighted Asset Amount | RCONH297 | $3.2M |
| Total Balance Sheet Assets - Other Risk Weighting Approaches Exposure Amount | RCONH300 | $3.2M |
| Unused Commitments, Original Maturity Exceeding One Year - 50 Pct Risk Weight Category | RCONG628 | $2.6M |
| Loans and Leases, Net of Unearned Income, All Other Exposures - 0 Pct Risk Weight Category | RCONS459 | $2.2M |
| Unconditionally Cancellable Commitments | RCONS540 | $546K |
| Held-to-maturity Securities - Adjustment to Totals Reported in Column a | RCONS399 | -$362K |
| On-balance Sheet Securitization Exposures, All Other On-balance Sheet Securitization Exposures - Adjustments to Total Reported in Column a | RCONS491 | $277K |
| Total On-balance Sheet Securitization Exposures, All Other On-balance Sheet Securitization Exposures | RCONS490 | $277K |
| Unused Commitments, Original Maturity of One Year or Less, Excludes Unused Commitments to Asset Backed Commercial Paper Conduits, 0% | RCONS527 | $68K |
| On-balance Sheet Securitization Exposures, All Other On-balance Sheet Securitization Exposures -Ssfa Risk Weight Exposure, by Calculation Method | RCONS493 | $55K |
| Unused Commitments, Original Maturity of One Year or Less, Excludes Unused Commitments to Asset Backed Commercial Paper Conduits, 50% | RCONS529 | $22K |
| On-balance Sheet Securitization Exposures, Available-for-sale Securities - Adjustments to Total Reported in Column a | RCONS481 | $13K |
| Total On-balance Sheet Securitization Exposures, Available-for-sale Securities | RCONS480 | $13K |
| On-balance Sheet Securitization Exposures, Available-for-sale Securities - Ssfa Risk Weight Exposure, by Calculation Methodology | RCONS483 | $3K |
Schedule RC-S: Servicing, Securitization, and Asset Sale Activities (5 items)
| Line item | Code | Q2 2026 |
|---|---|---|
| Outstanding Principal Balance of Assets Serviced for Others (Memorandum Item 2.C Is to Be Completed If the Balance Is More Than $10 Million): 1-4 Family Residential Mortgages Serviced with No Recourse or Other Servicer-provided Credit Enhancements | RCONB805 | $595.2M |
| Outstanding Principal Balance of Loans Other Than 1-4 Family Residential Mortgage Loans That Are Serviced for Others | RCONA591 | $340.4M |
| Assets Sold with Recourse or Other Seller-provided Credit Enhancements and Not Securitized - 1-4 Family Residential Loans | RCONB790 | $24.0M |
| Outstanding Principal Balance of Assets Serviced for Others (Memorandum Item 2.C Is to Be Completed If the Balance Is More Than $10 Million): 1-4 Family Residential Mortgages Serviced with Recourse or Oher Servicer-provided Credit Enhancements | RCONB804 | $24.0M |
| Maximum Amount of Credit Exposure Arising from Recourse or Other Seller-provided Credit Enhancements Provided to Assets Reported in Item 11: 1-4 Family Residential Loans | RCONB797 | $1.7M |
Schedule RC-T: Fiduciary and Related Services (44 items)
| Line item | Code | Q2 2026 |
|---|---|---|
| Custody and Safekeeping Accounts - Non-managed Assets | RCONB898 | $28.16B |
| Total Fiduciary Accounts - Non-managed Assets | RCONB895 | $11.74B |
| Employee Benefit-defined Contribution - Non-managed Assets | RCONB873 | $10.98B |
| Total Fiduciary Accounts - Managed Assets | RCONB894 | $8.45B |
| Employee Benefit-defined Contribution - Managed Assets | RCONB872 | $4.03B |
| Fiduciary and Related Assets:individual Retirement Accounts, Health Savings Accounts, and Other Similar Accounts - Managed Assets | RCONJ259 | $2.27B |
| Other Retirement Accounts - Managed Assets | RCONB880 | $2.27B |
| Investment Management Agency Accounts - Managed Assets | RCONB886 | $1.55B |
| Other Retirement Accounts - Non-managed Assets | RCONB881 | $734.4M |
| Total Collective Investment Funds - Market Value of Fund Assets | RCONB946 | $412.8M |
| Fiduciary and Related Assets:individual Retirement Accounts, Health Savings Accounts, and Other Similar Accounts - Non-managed Asset | RCONJ260 | $397.1M |
| Personal Trust and Agency Accounts - Managed Assets | RCONB868 | $302.9M |
| Fiduciary and Related Assets:foundation and Endowment Trust and Agency Accounts - Managed Assets | RCONJ255 | $179.9M |
| Employee Benefit-defined Benefit - Managed Assets | RCONB876 | $96.5M |
| Income from Fiduciary Activities | RIAD4070 | $48.0M |
| Fiduciary and Related Assets:investment Mgmt and Investment Advisory Agency Accounts -Non-managed Assets | RCONJ253 | $22.1M |
| Employee Benefit-defined Contribution | RIADB905 | $17.5M |
| Other Fiduciary Accounts - Managed Assets | RCONB890 | $13.0M |
| Custody and Safekeeping Accounts | RIADB909 | $12.3M |
| Other Retirement Accounts | RIADB907 | $8.3M |
| Other Fiduciary and Related Services Income | RIADB910 | $4.6M |
| Fiduciary and Related Services Income-investment Management and Investment Advisory Agency Accounts | RIADJ315 | $3.8M |
| Employee Benefit-defined Benefit - Non-managed Asssets | RCONB877 | $3.3M |
| Personal Trust and Agency Accounts | RIADB904 | $905K |
| Fiduciary and Related Services Income-foundation and Endowment Trust and Agency Accounts | RIADJ316 | $416K |
| All Other Fiduciary Income | RIADA480 | $82K |
| Employee Benefit-defined Benefit | RIADB906 | $55K |
| Total Fiduciary Accounts - Number of Managed Accounts | RCONB896 | 11,602 |
| Fiduciary and Related Assets:individual Retirement Accounts, Health Savings Accounts, and Other Similar Accounts - Number of Managed Accounts | RCONJ261 | 9,327 |
| Other Retirement Accounts - Number of Managed Accounts | RCONB882 | 9,327 |
| Custody and Safekeeping Accounts - Number of Non-managed Accounts | RCONB899 | 8,922 |
| Total Fiduciary Accounts - Non-managed Accounts | RCONB897 | 1,909 |
| Employee Benefit-defined Contribution - Number of Non-managed Accounts | RCONB875 | 1,789 |
| Fiduciary and Related Assets:individual Retirement Accounts, Health Savings Accounts, and Other Similar Accounts - Number of Non-managed Accounts | RCONJ262 | 1,750 |
| Investment Management Agency Accounts - Number of Managed Accounts | RCONB888 | 1,481 |
| Employee Benefit-defined Contribution - Number of Managed Accounts | RCONB874 | 430 |
| Personal Trust and Agency Accounts - Number of Managed Accounts | RCONB870 | 263 |
| Other Retirement Accounts - Number of Non-managed Accounts | RCONB883 | 111 |
| Fiduciary and Related Assets:foundation and Endowment Trust and Agency Accounts - Number of Managed Accounts | RCONJ257 | 77 |
| Other Fiduciary Accounts - Number of Managed Accounts | RCONB892 | 15 |
| Employee Benefit-defined Benefit - Number of Managed Accounts | RCONB878 | 9 |
| Fiduciary and Related Assets:investment Management and Investment Advisory Agency Accounts - Number of Non-managed Accounts | RCONJ254 | 7 |
| Total Collective Investment Funds - Number of Funds | RCONB945 | 7 |
| Employee Benefit-defined Benefit - Number of Non-managed Accounts | RCONB879 | 2 |
Schedule RI-A: Changes in Bank Equity Capital (5 items)
| Line item | Code | Q2 2026 |
|---|---|---|
| Total Equity Capital | RIAD3210 | $580.4M |
| Balance End of Previous Calendar Year as Restated | RIADB508 | $561.5M |
| Equity Capital, Most Recently Reported for the End of Previous Calendar Year (I.e., After Adjustments from Amended Reports of Income) | RIAD3217 | $561.5M |
| Cash Dividends Declared on Common Stock | RIAD4460 | $25.0M |
| Other Comprehensive Income | RIADB511 | -$2.8M |
Schedule RI-B, Part I: Charge-offs and Recoveries on Loans and Leases (17 items)
About Schedule RI-B, Part I · Alerus Financial, N.A. charge-offs and recoveries on loans and leases trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Charge-offs on Allowance for Loan and Lease Losses | RIAD4635 | $10.9M |
| Charge-offs on All Other Loans | RIAD4644 | $8.6M |
| Recoveries on Allowance for Loan and Lease Losses | RIAD4605 | $1.3M |
| Recoveries on All Other Loans | RIAD4628 | $985K |
| Charge-offs on Closed-end Loans Secured by 1-4 Family Residential Properties:secured by Junior Liens | RIADC235 | $931K |
| Charge-offs on Loans Secured by Multifamily (5 or More) Residential Properties | RIAD3588 | $556K |
| Loans Secured by Other Nonfarm Nonresidential Properties: Charge-offs | RIADC897 | $500K |
| Recoveries on Commercial and Industrial Loans | RIAD4608 | $268K |
| Charge-offs on Commercial and Industrial Loans | RIAD4638 | $251K |
| Recoveries on Loans to Finance Agricultural Production and Other Loans to Farmers | RIAD4665 | $194K |
| Charge-offs All Other (Includes Single Payment, Installment, All Student Loans, and Revolving Credit Plans Other Than Credit Cards) | RIADK205 | $127K |
| Charge-offs on Loans to Finance Agricultural Production and Other Loans to Farmers | RIAD4655 | $50K |
| Recoveries All Other (Includes Single Payment, Installment, All Student Loans, and Revolving Credit Plans Other Than Credit Cards) | RIADK206 | $36K |
| Loans Secured by Owner-occupied Nonfarm Nonresidential Properties: Recoveries | RIADC896 | $22K |
| Recoveries on Automobile Loans | RIADK133 | $21K |
| Charge-offs on Automobile Loans | RIADK129 | $19K |
| Recoveries on Closed-end Loans Secured by 1-4 Family Residential Properties:secured by Junior Liens | RIADC218 | $2K |
Schedule RI-B, Part II: Changes in Allowances for Credit Losses (7 items)
About Schedule RI-B, Part II · Alerus Financial, N.A. changes in allowances for credit losses trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Balance Most Recently Reported for the December 31, 2000, Reports of Condition and Income(i.e., After Adjustments from Amended Report of Income) | RIADB522 | $61.9M |
| Allowance for Loan and Lease Losses | RIAD3123 | $48.4M |
| Charge-offs on Allowance for Loan and Lease Losses | RIADC079 | $10.9M |
| Provisions for credit losses on off-balance-sheet exposures | RIADMG93 | -$427K |
| Balance most recently reported for end of previous calendar year, Report of Condition and Income Held-to-maturity debt securities (i.e., after adjustments from amended Reports of Income) | RIADJH88 | $123K |
| Balance end of current period, Held-to-maturity debt securities | RIADJH93 | $115K |
| Provisions for credit losses, Held-to-maturity debt securities | RIADJH90 | -$8K |
Schedule RI-C: Disaggregated Data on the Allowance for Credit Losses (15 items)
| Line item | Code | Q2 2026 |
|---|---|---|
| Loans and Leases, Held for Investment, Total, Amortized Cost | RCONJJ11 | $4.03B |
| Loans and Leases, Held for Investment, Real estate loans, Commercial real estate loans, Amortized Cost | RCONJJ05 | $1.93B |
| Loans and Leases, Held for Investment, Real estate loans, Residential real estate loans, Amortized Cost | RCONJJ06 | $1.13B |
| Loans and Leases, Held for Investment, Commerical loans, Amortized Cost | RCONJJ07 | $813.3M |
| Loans and Leases, Held for Investment, Real estate loans, Construction loans, Amortized Cost | RCONJJ04 | $111.1M |
| Loans and Leases, Held for Investment, Total, Allowance Balance | RCONJJ19 | $48.4M |
| Loans and Leases, Held for Investment, Other consumer loans, Amortized Cost | RCONJJ09 | $44.2M |
| Loans and Leases, Held for Investment, Real estate loans, Commercial real estate loans, Allowance Balance | RCONJJ13 | $21.8M |
| Loans and Leases, Held for Investment, Real estate loans, Residential real estate loans, Allowance Balance | RCONJJ14 | $12.1M |
| Loans and Leases, Held for Investment, Commerical loans, Allowance Balance | RCONJJ15 | $10.5M |
| Loans and Leases, Held for Investment, Real estate loans, Construction loans, Allowance Balance | RCONJJ12 | $3.4M |
| Loans and Leases, Held for Investment, Other consumer loans, Allowance Balance | RCONJJ17 | $608K |
| Held to Maturity Securities, Total | RCONJJ25 | $115K |
| Held to Maturity Securities, Securities issued by states and poilitical subdivisions in the US | RCONJJ20 | $67K |
| Held to Maturity Securities, Mortgage backed securities (MBS) (including CMOs, REMICs and stripped MBS), Mortgage backed securities issued or guaranteed by US Government agencies or sponsored agencies | RCONJJ21 | $48K |
Schedule RI-E: Explanations (5 items)
| Line item | Code | Q2 2026 |
|---|---|---|
| First Itemized Amount That Exceeds 10% of Other Noninterest Expense (4092) | RIAD4464 | $10.7M |
| Bank Card and Credit Card Interchange Fees | RIADF555 | $1.6M |
| Second Itemized Amount That Exceeds 10% of All Other Noninterest Income (5408) | RIAD4462 | $1.0M |
| Earnings On/increase in Value of Cash Surrender Value of Life Insurance | RIADC014 | $539K |
| First Itemized Amount That Exceeds 10% of All Other Noninterest Income (5408) | RIAD4461 | $495K |
Alerus Financial, N.A. call reports on file
Each link opens the bank's filed report on the FFIEC Central Data Repository.
- Q2 2026 call report (quarter ended June 30, 2026)
- Q1 2026 call report (quarter ended March 31, 2026)
- Q4 2025 call report (quarter ended December 31, 2025)
- Q3 2025 call report (quarter ended September 30, 2025)
- Q2 2025 call report (quarter ended June 30, 2025)
- Q1 2025 call report (quarter ended March 31, 2025)
Where can I find the Alerus Financial, N.A. call report?
The Alerus Financial, N.A. call report for the quarter ended June 30, 2026 is on this page, schedule by schedule. The official PDF is on the FFIEC Central Data Repository, linked here for every quarter on file. Call reports are public: anyone can read or download them without an account.
Which call report form does Alerus Financial, N.A. file?
Alerus Financial, N.A. files the FFIEC 041. The FFIEC 031 is for banks with foreign offices, the FFIEC 041 for banks with domestic offices only, and the FFIEC 051 is the streamlined form most domestic banks under $5 billion in total assets may file.
What is the Alerus Financial, N.A. call report number?
A call report has no number of its own. It is filed and looked up by the bank's identifiers: Alerus Financial, N.A. has Federal Reserve RSSD ID 933256 and FDIC certificate number 3931. Either one finds its filings on the FFIEC Central Data Repository.
How often does Alerus Financial, N.A. file a call report?
Every quarter, as of March 31, June 30, September 30 and December 31. The report is due 30 calendar days after the quarter ends, or 35 days for a bank with more than one foreign office.
Alerus Financial, N.A. financial reports and ratios →
New to call reports? What a call report is, every call report code explained, and how the UBPR turns it into ratios.
Regulator records: FDIC BankFind (cert 3931) · FFIEC NIC profile (RSSD 933256)