Alerus Financial, N.A.: Loan Portfolio
Data as of · Call Report Schedule RC-C How we update
The loan book by category. Concentration is what supervisors read here: a portfolio weighted heavily toward one collateral type carries that sector's cycle, which is the mechanism behind most community-bank failures.
Cre concentration (tier 1 capital + allowance) dropped 39.22 percentage points in Q2 2026, from 300.71% to 261.49%. It was the largest change from Q1 2026 among the key lines here. Alerus Financial, N.A. ranks 11th of 60 North Dakota banks on loan-to-deposit ratio, in the upper half at 95.80% (Q2 2026). Alerus Financial, N.A. reported 95.80% on loan-to-deposit ratio for Q2 2026, 7.60 points above the 88.20% median for banks in the $1B-10B asset tier.
Loan totals
| Line item | Q2 2026 |
|---|---|
| Total loans and leases | $4.06B |
| Net loans and leases | $4.01B |
| Loans held for sale | $26.7M |
| Loans to total assets | 76.96% |
| Loan-to-deposit ratio | 95.80% |
| Net loans to equity capital | 6.91% |
Portfolio mix (share of total loans)
| Line item | Q2 2026 |
|---|---|
| Commercial real estate (nonfarm nonresidential) | 37.32% |
| Multifamily (5+ residential) | 8.91% |
| Commercial and industrial | 16.31% |
| Consumer | 1.09% |
| Credit cards | 0.00% |
| Farm | 1.33% |
| Loans to depository institutions | 0.00% |
| State and political subdivisions | 0.15% |
Concentration measures
| Line item | Q2 2026 |
|---|---|
| CRE concentration (Tier 1 capital + allowance) | 261.49% |
| Construction concentration (Tier 1 capital + allowance) | 21.25% |
Supervisory definition (FFIEC UBPR page 7B): construction and land development, multifamily, non-owner-occupied nonfarm nonresidential and unsecured CRE loans, over Tier 1 capital plus the allowance for credit losses. Owner-occupied CRE and farmland are excluded. The 2006 interagency guidance flags CRE above 300% of capital, or construction and development above 100%, for heightened supervisory scrutiny. These are screening thresholds, not limits.
Loan earnings
| Line item | Q2 2026 |
|---|---|
| Yield on loans | 6.08% |
| Interest income on loans | $61.5M |
Loan Portfolio trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Loan Portfolio by quarter
| Quarter | Total loans | Total deposits | Commercial real estate | Commercial and industrial | Consumer |
|---|---|---|---|---|---|
| Q3 2023 | $2.62B | $2.94B | 29.33% | 20.45% | 1.17% |
| Q4 2023 | $2.77B | $3.17B | 30.39% | 19.80% | 1.06% |
| Q1 2024 | $2.81B | $3.35B | 30.29% | 20.10% | 1.06% |
| Q2 2024 | $2.95B | $3.37B | 31.52% | 19.70% | 1.21% |
| Q3 2024 | $3.05B | $3.39B | 32.26% | 19.65% | 1.19% |
| Q4 2024 | $4.01B | $4.43B | 33.39% | 16.45% | 1.10% |
| Q1 2025 | $4.10B | $4.53B | 33.58% | 15.90% | 0.95% |
| Q2 2025 | $4.11B | $4.38B | 33.50% | 16.27% | 1.00% |
| Q3 2025 | $4.12B | $4.46B | 31.58% | 16.87% | 1.01% |
| Q4 2025 | $4.07B | $4.24B | 32.02% | 17.55% | 1.10% |
| Q1 2026 | $4.06B | $4.39B | 35.02% | 16.71% | 0.99% |
| Q2 2026 | $4.06B | $4.24B | 37.32% | 16.31% | 1.09% |
Alerus Financial, N.A. loan portfolio, all the way back
Loan Portfolio back to 2001 · peer percentiles on every line item · Excel export
Unlock Alerus Financial, N.A., freeSource: Call Report Schedule RC-C, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Alerus Financial, N.A. profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 3931) · FFIEC NIC profile (RSSD 933256)