ALRS · XBRL financial data

Alerus Financial financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (ALRS's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Interest expense	22	23*	27	29	—	—	—	—	—	—	—	—
Income tax expense (benefit)	2	(3)*	2	2	2	(0)*	4	6	5	(10)*	7	6
Net income (loss)	9	(15)*	6	6	5	(0)*	13	20	17	(33)*	23	21
Earnings per share, basic USD per share	0.46	(0.75)*	0.32	0.31	0.26	—	0.52	0.79	0.66	(1.30)*	0.90	0.82
Earnings per share, diluted USD per share	0.45	(0.74)*	0.32	0.31	0.26	—	0.52	0.78	0.65	(1.29)*	0.89	0.81
Weighted average shares, basic millions of shares	20	20*	20	20	20	25*	25	25	25	25*	25	25
Weighted average shares, diluted millions of shares	20	20*	20	20	20	25*	26	26	26	26*	26	25

Fiscal quarters (ALRS's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	65	130	546	438	66	61	83	81	92	67	129	109
Property and equipment, net	—	18	—	—	19	40	41	43	44	43	44	44
Right-of-use asset	6	5	5	5	9	13	13	13	30	29	33	32
Goodwill	47	47	47	47	47	86	86	86	86	86	86	86
Total assets	3,869	3,908	4,338	4,359	4,085	5,262	5,340	5,324	5,331	5,230	5,288	5,289
Total deposits	2,872	3,096	3,285	3,299	3,324	4,378	4,485	4,337	4,413	4,192	4,348	4,192
Total liabilities	3,520	3,539	3,966	3,985	3,698	4,766	4,825	4,791	4,780	4,665	4,713	4,706
Retained earnings	291	273	275	278	279	274	282	297	308	270	288	303
Total stockholders' equity	349	369	372	373	386	495	514	533	551	565	575	583
Total liabilities and equity	3,869	3,908	4,338	4,359	4,085	5,262	5,340	5,324	5,331	5,230	5,288	5,289
Common shares outstanding (cover page) millions of shares	20	20	20	20	25	25	25	25	25	25	25	25

Fiscal quarters (ALRS's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	9	(15)*	6	6	5	(0)*	13	20	17	(33)*	23	21
Stock-based compensation	0*	0*	1	0*	0*	0*	1	1*	1*	1*	1	1*
Depreciation and amortization	—	year only	2	2*	2*	3*	4	4*	4*	4*	3	3*
Net cash from operating activities	19*	(2)*	12	(11)*	19*	10*	8	11*	33*	16*	28	19*
Purchases of property and equipment	1*	1*	1	4*	3*	5*	2	3*	2*	1*	2	1*
Net cash from investing activities	(57)*	50*	(22)	(106)*	(102)*	(100)*	(49)	26*	23*	76*	(2)	(15)*
Share repurchases	1*	2*	0	0*	0*	0*	0	0*	0*	0*	7	7*
Dividends paid	4*	4*	4	4*	4*	4*	5	5*	5*	5*	5	6*
Repayments of long-term debt	—	year only	—	—	—	year only	—	—	—	—	—	—
Net cash from financing activities	38*	16*	426	10*	(289)*	86*	63	(39)*	(45)*	(117)*	35	(24)*
Net change in cash	(1)*	65*	416	(108)*	(372)*	(5)*	22	(2)*	11*	(25)*	62	(20)*

SIC 6021 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6021 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Alerus Financial	109	not reported	19*	24.9M	Q2 FY26 10-QJun 30, 2026
Smartfinancial	379	not reported	24*	17.1M	Q2 FY26 10-QJun 30, 2026
Washington Trust Bancorp	127	60	23*	19.1M	Q2 FY26 10-QJun 30, 2026
Capital City Bank Group	72	not reported	33*	17.1M	Q3 FY26 10-QSep 30, 2026
First Community Bankshares	119	not reported	19*	18.9M	Q2 FY26 10-QJun 30, 2026
Amalgamated Financial	263	not reported	41*	29.7M	Q3 FY26 10-QSep 30, 2026
Financial Institutions	99	not reported	23*	19.7M	Q2 FY26 10-QJun 30, 2026
Farmers National Banc	43	101	27*	59.2M	Q2 FY26 10-QJun 30, 2026
MetroCity Bankshares	267	not reported	25*	28.8M	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.