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Alerus Financial Corporation ALRS Wealth Management — Total Assets
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Where this comes from
Reported directly by Alerus Financial Corporation in its filing.
Tagged under the XBRL concept us-gaap:Assets.
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 wealth management — total assets?
- Alerus Financial Corporation (ALRS) reported wealth management — total assets of $5.95M in Q1 2026.
- How has Alerus Financial Corporation's wealth management — total assets changed year-over-year?
- Alerus Financial Corporation's wealth management — total assets increased by 8.7% year-over-year, from $5.47M to $5.95M.
- What is the long-term trend for Alerus Financial Corporation's wealth management — total assets?
- Over 2 years (2023 to 2025), Alerus Financial Corporation's wealth management — total assets has grown at a 15.2% compound annual growth rate (CAGR), from $17.48M to $23.2M.
- What does wealth management — total assets mean?
- Represents the total value of assets under management or administration within the wealth management business segment. This metric reflects the scale of the client base and the firm's capacity to generate fee-based income from investment advisory and fiduciary services.
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