Alerus Financial (Alerus Financial) Net Loan : $2,735.2 Mil (As of Dec. 2023)

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What is Alerus Financial Net Loan?

Alerus Financial's quarterly net loan increased from Jun. 2023 ($2,518.7 Mil) to Sep. 2023 ($2,586.5 Mil) and increased from Sep. 2023 ($2,586.5 Mil) to Dec. 2023 ($2,735.2 Mil).

Alerus Financial's annual net loan increased from Dec. 2021 ($1,772.9 Mil) to Dec. 2022 ($2,586.5 Mil) and increased from Dec. 2022 ($2,586.5 Mil) to Dec. 2023 ($2,735.2 Mil).

Alerus Financial Net Loan Historical Data

The historical data trend for Alerus Financial's Net Loan can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Alerus Financial Net Loan Chart

Alerus Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Loan

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1,744.20

2,067.57

1,772.94

2,422.34

2,735.24

Alerus Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Loan	Get a 7-Day Free Trial															2,422.34	2,468.42	2,518.72	2,586.49	2,735.24

Alerus Financial Net Loan Calculation

Total loans on banks' book. These are the fund that banks have lent out. The loans contribute to banks' income. Some borrower of the loans may stop paying their payment. In this case, the loan is called non-performing loans.

Loans can be divided into residential loans, commercial loans or consumer loans. Peter Lynch loved

Alerus Financial (Alerus Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Alerus Financial Corp (NAS:ALRS) » Definitions » Net Loan

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Traded in Other Exchanges

5QD:Germany

Address

401 Demers Avenue, Grand Forks, ND, USA, 58201

Website

https://www.alerus.com

Alerus Financial Corp is a financial holding company registered in the United States. The company operates in four segments: Banking, Retirement & Benefit Services, Wealth Management, and Mortgage. It provides various banking services such as checking, debit cards, savings, current deposits, loans and advances, online banking, mobile banking, private banking, payment solutions, and other business products. Additionally, the company provides mortgage loans, retirement planning solutions, individual retirement accounts, retirement plan advisory services as well as wealth management services, including financial & estate planning, trust, and fiduciary services. The company's revenue mainly consists of interest income, commission, management fees, and other income.

Executives

Kari Koob	officer: Director of Accounting	401 DEMERS AVENUE, GRAND FORKS ND 58201
Alan Villalon	officer: Chief Financial Officer	401 DEMERS AVENUE, GRAND FORKS ND 58201
Galen G Vetter	director	500 EAST GRANT STREET, #2011, MINNEAPOLIS MN 55404
Katie A Lorenson	officer: Executive Vice President/ CFO	401 DEMERS AVENUE, GRAND FORKS ND 58201
Janet O Estep	director	6060 COVENTRY DRIVE, ELKHORN NE 68022
Jerrod Hanson	officer: Chief Accounting Officer	401 DEMERS AVENUE, GRAND FORKS ND 58201
Jon Hendry	officer: Chief Technology Officer & EVP	401 DEMERS AVENUE, GRAND FORKS ND 58201
Missy Keney	officer: Chief Engagement Officer & EVP	401 DEMERS AVENUE, GRAND FORKS ND 58201
Jim Collins	officer: EVP, CBO & CRO	401 DEMERS AVENUE, GRAND FORKS ND 58201
Jill Schurtz	director	401 DEMERS AVENUE, GRAND FORKS ND 58201
Mary Zimmer	director	401 DEMERS AVENUE, GRAND FORKS ND 58201
Ryan Goldberg	officer: Chief Revenue Officer	401 DEMERS AVENUE, GRAND FORKS ND 58201
Karen Bohn	director	215 S CASCADE ST, FERGUS FALLS MN 565372801
Kris Compton	officer: Executive Vice President/ CSO	401 DEMERS AVENUE, GRAND FORKS ND 58201
Ann Mcconn	officer: Executive Vice President/ CBO	401 DEMERS AVENUE, GRAND FORKS ND 58201