Alerus Financial Corp
NASDAQ:ALRS
Balance Sheet
Balance Sheet Decomposition
Alerus Financial Corp
Alerus Financial Corp
Balance Sheet
Alerus Financial Corp
| Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Net Loans |
1 351
|
1 558
|
1 680
|
1 697
|
1 945
|
1 726
|
2 413
|
2 724
|
3 933
|
|
| Investments |
550
|
439
|
370
|
455
|
831
|
1 383
|
1 145
|
914
|
985
|
|
| PP&E Net |
24
|
21
|
22
|
29
|
27
|
22
|
23
|
23
|
53
|
|
| PP&E Gross |
24
|
21
|
22
|
29
|
27
|
22
|
23
|
23
|
53
|
|
| Accumulated Depreciation |
43
|
44
|
41
|
44
|
46
|
50
|
53
|
52
|
46
|
|
| Intangible Assets |
38
|
32
|
27
|
22
|
28
|
22
|
25
|
19
|
52
|
|
| Goodwill |
27
|
27
|
27
|
27
|
30
|
32
|
47
|
47
|
86
|
|
| Long-Term Investments |
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Customer Acceptances Liabilities |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Long-Term Assets |
20
|
9
|
10
|
8
|
9
|
12
|
42
|
35
|
53
|
|
| Other Assets |
42
|
48
|
46
|
45
|
52
|
58
|
91
|
102
|
143
|
|
| Total Assets |
2 050
N/A
|
2 136
+4%
|
2 179
+2%
|
2 357
+8%
|
3 014
+28%
|
3 393
+13%
|
3 780
+11%
|
3 908
+3%
|
5 262
+35%
|
|
| Liabilities | ||||||||||
| Accrued Liabilities |
37
|
33
|
31
|
41
|
53
|
54
|
70
|
70
|
90
|
|
| Short-Term Debt |
1
|
30
|
94
|
0
|
0
|
0
|
153
|
114
|
39
|
|
| Total Deposits |
1 785
|
1 835
|
1 799
|
1 971
|
2 572
|
2 921
|
2 916
|
3 096
|
4 378
|
|
| Other Interest Bearing Liabilities |
0
|
0
|
0
|
0
|
0
|
0
|
225
|
200
|
200
|
|
| Total Current Liabilities |
38
|
63
|
124
|
41
|
53
|
54
|
224
|
184
|
129
|
|
| Long-Term Debt |
59
|
59
|
59
|
59
|
59
|
59
|
59
|
59
|
59
|
|
| Other Liabilities |
29
|
32
|
35
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Liabilities |
1 911
N/A
|
1 988
+4%
|
2 017
+1%
|
2 071
+3%
|
2 684
+30%
|
3 033
+13%
|
3 423
+13%
|
3 539
+3%
|
4 766
+35%
|
|
| Equity | ||||||||||
| Common Stock |
14
|
14
|
14
|
17
|
17
|
17
|
20
|
20
|
25
|
|
| Retained Earnings |
133
|
141
|
159
|
178
|
212
|
254
|
280
|
273
|
274
|
|
| Additional Paid In Capital |
24
|
26
|
28
|
89
|
90
|
93
|
155
|
150
|
270
|
|
| Unrealized Security Profit/Loss |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
73
|
|
| Other Equity |
31
|
33
|
38
|
2
|
11
|
4
|
99
|
74
|
0
|
|
| Total Equity |
139
N/A
|
148
+6%
|
163
+10%
|
286
+76%
|
330
+16%
|
359
+9%
|
357
-1%
|
369
+3%
|
495
+34%
|
|
| Total Liabilities & Equity |
2 050
N/A
|
2 136
+4%
|
2 179
+2%
|
2 357
+8%
|
3 014
+28%
|
3 393
+13%
|
3 780
+11%
|
3 908
+3%
|
5 262
+35%
|
|
| Shares Outstanding | ||||||||||
| Common Shares Outstanding |
17
|
17
|
17
|
17
|
17
|
17
|
20
|
20
|
25
|
|