Alerus Financial NA (FDIC #3931): Bank Stress & Real-Estate Credit Exposure
Alerus Financial NA (FDIC Cert #3931): bank stress 51/100, moderate, STABLE over 7 days; parent ALERUS FINANCIAL CORP (ALRS).
Alerus Financial NA (#3931) lends in 17 counties across 5 states; Alerus Financial NA (#3931) reaches 463 ZIP codes: Minnesota 12 counties, 219 ZIPs; North Dakota 2 counties, 52 ZIPs; Arizona 1 county, 140 ZIPs; Wisconsin 1 county, 31 ZIPs; Iowa 1 county, 21 ZIPs.
Alerus Financial NA (#3931) largest markets: Maricopa County, AZ (280 branches, 140 ZIPs) (#3931), Hennepin County, MN (219 branches, 73 ZIPs) (#3931), Waukesha County, WI (31 branches, 31 ZIPs) (#3931), Cass County, ND (60 branches, 30 ZIPs) (#3931), Ramsey County, MN (27 branches, 27 ZIPs) (#3931), Grand Forks County, ND (88 branches, 22 ZIPs) (#3931).
Alerus Financial NA (#3931) reports $5.28 billion in total assets; Alerus Financial NA (#3931) equity $580.4 million (11.0% of Alerus Financial NA (#3931) assets); Alerus Financial NA (#3931) domestic deposits $4.24 billion; Alerus Financial NA (#3931) net income $46.7 million; Alerus Financial NA (#3931) return on assets 1.78%; Alerus Financial NA (#3931) return on equity 16.35%; Alerus Financial NA (#3931) net interest income $94.3 million; Alerus Financial NA (#3931) call report June 30, 2026.
Alerus Financial NA (#3931) noncurrent real-estate loans 0.12% of its book; Alerus Financial NA (#3931) multifamily 0.29%; Alerus Financial NA (#3931) residential 0.07%; Alerus Financial NA (#3931) net charge-offs on real estate 0.16%; Alerus Financial NA (#3931) multifamily charge-offs 0.25%; Alerus Financial NA (#3931) residential charge-offs 0.03%.
Alerus Financial NA (#3931) net interest margin 3.89% against an eight-quarter Alerus Financial NA (#3931) average of 3.36% (Alerus Financial NA (#3931) compression -0.53 points); Alerus Financial NA (#3931) real-estate loans 12.2% of equity; Alerus Financial NA (#3931) non-residential real estate 2.9% of equity; Alerus Financial NA (#3931) rate-exposure score 40/100, Alerus Financial NA (#3931) fixed-rate trap 40/100; Alerus Financial NA (#3931) risk type credit driven; Alerus Financial NA (#3931) rate regime rates elevated; Alerus Financial NA (#3931) shares 7.5% below the 52-week high, Alerus Financial NA (#3931) equity trend stable, Alerus Financial NA (#3931) snapshot October 19, 2026.
Alerus Financial NA (#3931) stress score moved from 50 on June 22, 2026 to 51.5 on October 20, 2026; Alerus Financial NA (#3931) ranged 50 to 51.5 over 117 snapshots.
Alerus Financial NA (#3931) alerts: 15 counties; top Alerus Financial NA (#3931) alert scores: Albert Lea County, ND 20 (low); Austin County, ND 20 (low); Fargo County, ND 20 (low); Hopkins County, ND 20 (low); Kasson County, ND 20 (low).