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Alerus Financial, National Association
Grand Forks, ND·FDIC Cert #3931·Charter: OCC·Est. 19330930.0·HC: ALERUS FINANCIAL CORP
Total Assets
$5.2B
Q4 2025
Return on Assets
0.42%
-0.94%Peer avg: 1.22%
Equity / Assets
0.00%
Capital ratio
Efficiency Ratio
63.18%
Peer avg: 57.5%
CAMELS Profile
Capital, Asset Quality, Management, Earnings, Liquidity, Sensitivity
49
Fair
Income Decomposition
Waterfall — how net income is built
Key Ratios — 12-Quarter Trend
ROA
0.42%-0.94
ROE
4.16%-9.53
Efficiency
63.18%-0.15
Equity/Assets
0.00%+0.00
NPL Ratio
1.65%+0.18
Tier 1 Leverage
0.00%+0.00
Loan/Deposit
94.50%+3.49
Charge-offs
0.05%-0.03
Quarter-over-Quarter Changes
Heatmap — green = improving, red = deteriorating
| Ratio | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 |
|---|---|---|---|---|---|---|---|---|
| ROA | 0.7 | 0.7 | 0.7 | 0.7 | 1.1 | 1.4 | 1.4 | 0.4 |
| ROE | 8.7 | 8.6 | 8.5 | 7.5 | 11.3 | 13.9 | 13.7 | 4.2 |
| Efficiency | 76.1 | 72.7 | 73.4 | 71.3 | 67.3 | 62.9 | 63.3 | 63.2 |
| Equity/Assets | — | — | — | — | — | — | — | — |
| Tier 1 Lev. | — | — | — | — | — | — | — | — |
| NPL Ratio | 0.3 | 0.2 | 1.6 | 1.3 | 1.2 | 1.2 | 1.5 | 1.7 |
| Charge-offs | 0.0 | 0.2 | 0.1 | 0.1 | 0.0 | 0.2 | 0.1 | 0.1 |
| Loan/Deposit | 82.7 | 86.6 | 88.7 | 89.2 | 89.1 | 92.5 | 91.0 | 94.5 |
Balance Sheet
Total Assets$5.2B
Total Deposits$4.2B
Total Loans$4.0B
Total Equity$561.5M
Profitability
ROA0.42%
ROE4.16%
Efficiency Ratio63.18%
Net Income$22.2M
Risk & Asset Quality
NPL Ratio1.65%
Charge-off Rate0.05%
Loan/Deposit94.50%
Tier 1 LeverageN/A
Historical Trends
Balance Sheet ($B)
Assets, Deposits, Loans
Profitability Ratios
ROA, ROE (%)
Efficiency Ratio
Lower = more efficient
Asset Quality — NPL Ratio
Non-performing loans / total loans