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Alerus Financial Corporation ALRS Banking — Business Combination Acquisition Related Costs
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Where this comes from
Reported directly by Alerus Financial Corporation in its filing.
Tagged under the XBRL concept us-gaap:BusinessCombinationAcquisitionRelatedCosts.
The source filing: Alerus Financial Corporation’s 10-Q, filed May 1, 2026.
- Filed
- May 1, 2026, 4:32 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001437749-26-014481
| (dollars in thousands) | Banking | Retirement and / Benefit Services | Wealth Advisory / Services | Corporate / Administration | Consolidated |
|---|---|---|---|---|---|
| Compensation | 11,711 | 7,716 | 3,031 | 1,629 | 24,087 |
| Employee taxes and benefits | 3,127 | 2,138 | 746 | 629 | 6,640 |
| Business services, software and technology expense | 2,737 | 1,867 | 1,097 | 138 | 5,839 |
| Merger and acquisition expense | — | — | — | (34) | (34) |
| Other noninterest expense | 9,818 | 2,888 | 853 | 301 | 13,860 |
| Total noninterest expense | 27,393 | 14,609 | 5,727 | 2,663 | 50,392 |
| Net income (loss) before taxes | $29,383 | $2,797 | $1,510 | $(3,440) | $30,250 |
| Total assets | $5,183,113 | $30,825 | $5,948 | $68,085 | $5,287,971 |
Item 1 - Consolidated Financial Statements
FAQ
- What is Alerus Financial Corporation's banking — business combination acquisition related costs?
- Alerus Financial Corporation (ALRS) reported banking — business combination acquisition related costs of $0 in Q1 2026.
- What does banking — business combination acquisition related costs mean?
- One-time expenses incurred during the process of acquiring or integrating other businesses into the banking segment. These costs typically include legal, advisory, and restructuring fees associated with inorganic growth. Tracking these helps investors distinguish between core operational performance and the costs of strategic expansion.
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