ALRS · XBRL financial data

Alerus Financial financial statements, every fiscal year

The same tables from 6 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 years (ALRS's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Interest expense	12	6	16	77	—	—
Income tax expense (benefit)	14	16	12	4	5	5
Net income (loss)	45	53	40	12	18	17
Earnings per share, basic USD per share	2.57	3.02	2.12	0.59	0.84	0.69
Earnings per share, diluted USD per share	2.52	2.97	2.10	0.58	0.83	0.68
Weighted average shares, basic millions of shares	17	17	19	20	21	25
Weighted average shares, diluted millions of shares	17	17	19	20	21	26

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

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	173	242	58	130	61	67
Property and equipment, net	20	—	—	18	40	43
Right-of-use asset	7	4	5	5	13	29
Goodwill	30	31	47	47	86	86
Total assets	3,014	3,393	3,780	3,908	5,262	5,230
Total deposits	2,572	2,921	2,915	3,096	4,378	4,192
Total liabilities	2,684	3,033	3,423	3,539	4,766	4,665
Retained earnings	212	254	280	273	274	270
Total stockholders' equity	330	359	357	369	495	565
Total liabilities and equity	3,014	3,393	3,780	3,908	5,262	5,230
Common shares outstanding (cover page) millions of shares	17	17	20	20	25	25

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

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	45	53	40	12	18	17
Stock-based compensation	2	3	2	2	2	3
Depreciation and amortization	—	—	8	9	10	15
Net cash from operating activities	(22)	149	103	29	29	68
Purchases of property and equipment	4	2	2	3	12	9
Net cash from investing activities	(538)	(417)	(293)	(52)	(330)	77
Share repurchases	0	1	1	7	0	1
Dividends paid	10	11	13	15	15	21
Repayments of long-term debt	0	50	0	0	0	—
Net cash from financing activities	590	337	6	95	232	(138)
Net change in cash	29	69	(184)	72	(69)	6

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.