Alerus Financial, National Association

BankGrand Forks, North Dakota
http://www.alerus.com

Total Assets

$5.2B

Total Deposits

$4.2B

Branches

29

Established

1933

TFS Health Grade

$
D

64.5 / 100

Below average financial health

How we grade

Alerus Financial, National Association is a bank headquartered in Grand Forks, North Dakota, established in 1933. With $5.2B in total assets and 29 branch locations, it has a TFS Financial Health Grade of D (64.5/100).

Capital & Safety

Tier 1 Capital Ratio
8.62%(8%)
Total Capital Ratio
11.66%(10%)
Non-Performing Loan Ratio
1.63%

Profitability

Return on Assets (ROA)
0.42%(1%)
Return on Equity (ROE)
4.16%(10%)
Net Interest Margin
3.60%
Efficiency Ratio
63.18%(60%)

Lending & Liquidity

Total Loans
$4.1B
Loan-to-Deposit Ratio
94.50%
Net Charge-Off Ratio
0.05%

Growth

Asset Growth (YoY)
-0.78%
Deposit Growth (YoY)
-4.21%
Net Income
$22.2M

Data sourced from FDIC BankFind Suite / NCUA Call Reports as of 2025-Q4. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.

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