Alerus Financial Information
Basic Information
Bank Name: Alerus Financial
Holding Company: Alerus Financial Corporation
Concentration: Commercial Lending Specialization
401 Demers Avenue
Grand Forks, North Dakota 58201
United States
Website: http://www.alerus.com
General Information
Established: 1933-09-30
Total Branches: 19
Headquarters Located: Grand Forks
Assets: $ 2,087,107,000
Equity Capital: $ 234,308,000
Deposits: $ 1,831,031,000
Domestic Deposits: $ 1,831,031,000
Net Income: $ 7,901,000
Quarterly Net Income: $ 7,901,000
Return on Assets: 1.50%
Return on Equity: 13.48%
Pretax Return on Assets: 1.89%
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FDIC Information
Certificate No.: 3931
Insurance: 1934-01-01 00:00:00
Unique ID: 2563
Structural Event: Participated in Absorption/ Consolidation/ Merger
Supervisory Region: Kansas City
Federal Reserve District: Minneapolis
Federal Reserve ID No.: 933256
Geographic Region: Not Mentioned
Supervisory Region: Kansas City
Field Office: Grand Forks
Supervisory Office: Kansas City
More Information
County: Grand Forks
State & County No.: 38035
State Identification Code: 38
Interstate Branches: Yes
Domestic Offices: 19
Conservatorship: No
CMSA Division No.: No
Trust Powers: Yes
Metropolitan Statistical Area: Grand Forks, ND-MN
Metropolitan Statistical Area No.: 2985
CSA:
CSA Code:
CBSA: Grand Forks, ND-MN
CBSA Code: 24220
CBSA Metropolitan Statistical Areas: Grand Forks, ND-MN
City of High Holder: Grand Forks
FFIEC Call Report 31 Filer: No
Chartering Agency: OCC
OCC Charter Number: 13790
Charter Class:
Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC).
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Office of Thrift Supervision Region: West
Regulator: Office of the Comptroller of the Currency (OCC)
Office of the Comptroller (OCC) Districts: Central
Report Date: 31 March 2018, Last Updated: 21 May 2018