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Alerus Financial Corporation ALRS Retirement And Benefit Services — 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 retirement and benefit services — business combination acquisition related costs?
- Alerus Financial Corporation (ALRS) reported retirement and benefit services — business combination acquisition related costs of $0 in Q1 2026.
- What does retirement and benefit services — business combination acquisition related costs mean?
- One-time expenses incurred during the integration or acquisition of new businesses within the retirement and benefit services segment. These costs include legal, advisory, and administrative fees associated with inorganic growth. Tracking this helps investors distinguish between core operating expenses and non-recurring growth investments.
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