Flagship explainer
How ALERUS FINANCIAL CORP earns its spread
Start with net interest income, then follow the filed path to net income.
| Filed line | Value | % of net interest income | Source |
|---|---|---|---|
| $172M | 100% |
| |
| Income before tax | $22.6M | 13% |
|
| Income tax | $5.2M | 3% |
|
| $17.4M | 10% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0001437749-26-006820