Alerus Financial, N.A.: Peer Group Comparison
Data as of · peers are US banks in the same asset tier. How we update
This page benchmarks Alerus Financial, N.A. of Grand Forks, ND against its peer group of 927 similarly-sized US banks as of Q2 2026. For each metric the bank's value is shown next to the peer-group average and the bank's percentile rank and quartile within the cohort, the same peer-benchmarking regulators use to judge whether a bank is an outlier. Top quartile means the bank ranks in the strongest 25% of its peers on that measure.
How to read the two peer columns: Peer avg is the simple mean of the peer group. The percentile is the share of peers this bank outperforms, and the tag beside it compares the bank with the median peer: above means the bank is in the better half, top means the best quarter. A skewed group can pull the mean away from the median, so a bank can sit behind the peer average and still rank above the median peer.
Profitability
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| ROAA | 1.76% | 1.46% | +0.30% | 80th top |
| ROAE | 15.91% | 12.68% | +3.23% | 76th top |
| Net Interest Margin | 3.95% | 3.85% | +0.10% | 65th above |
| Efficiency Ratio | 60.11% | 57.39% | +2.72% | 44th below |
| PPNR / Avg Assets | 2.33% | 1.88% | +0.45% | 83rd top |
| Yield on Earning Assets | 5.72% | 5.72% | +0.00% | 61st above |
| Cost of Funds | 1.92% | 2.02% | -0.10% | 56th above |
| Net Interest Spread | 3.38% | 3.18% | +0.20% | 70th above |
Asset Quality
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| NPL / Total Loans | 0.27% | 1.00% | -0.73% | 75th top |
| NPA / Total Assets | 0.39% | 0.76% | -0.37% | 58th above |
| NCO / Avg Loans Ahead of the peer average, behind the median peer. | 0.25% | 0.43% | -0.18% | 16th bottom |
| ACL / Total Loans Behind the peer average, ahead of the median peer. | 1.19% | 1.31% | -0.12% | 57th above |
| ACL / NPLs (Coverage) Behind the peer average, ahead of the median peer. | 437.77% | 564.62% | -126.85% | 79th top |
| Texas Ratio | 4.09% | 7.39% | -3.30% | 55th above |
| Provision / NCO | -41.15% | 620.14% | -661.29% | 6th bottom |
Capital Adequacy
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| CET1 Ratio | 10.92% | 17.35% | -6.43% | 8th bottom |
| Tier 1 Ratio | 10.92% | 17.38% | -6.46% | 8th bottom |
| Total Capital Ratio | 12.11% | 18.43% | -6.32% | 10th bottom |
| Leverage Ratio | 9.26% | 11.44% | -2.18% | 17th bottom |
| Equity / Assets Behind the peer average, ahead of the median peer. | 11.00% | 11.34% | -0.34% | 60th above |
| TCE / Tangible Assets | 9.02% | 10.50% | -1.48% | 32nd below |
Liquidity & Funding
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Loan / Deposit | 95.80% | 86.94% | +8.86% | 27th below |
| Core Deposit Ratio | 95.42% | 85.53% | +9.89% | 87th top |
| Uninsured Deposit Ratio | 35.07% | 33.12% | +1.95% | 39th below |
| Wholesale Funding Ratio | 6.54% | 5.70% | +0.84% | 31st below |
Growth & Management
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Asset Growth (Y/Y) | -0.68% | 9.70% | -10.38% | 13th bottom |
| Loan Growth (Y/Y) | -1.27% | 8.08% | -9.35% | 12th bottom |
| Deposit Growth (Y/Y) | -3.24% | 7.90% | -11.14% | 8th bottom |
See Alerus Financial, N.A.'s peers by name
The 927 banks in this peer group, by name · build custom peer groups · percentile history · Excel export
Unlock Alerus Financial, N.A., freeSource: FFIEC call reports + UBPR, standardized by BankRegReports. Peer averages and percentiles are computed against US banks in the same asset tier, point-in-time as filed. See the full Alerus Financial, N.A. profile, how to read a UBPR, or how this data updates.