Alerus Financial Corporation ALRS Servicing Asset At Amortized Cost Net Of Valuation Allowance
Servicing Asset At Amortized Cost Net Of Valuation Allowance at other companies
Other financials
Where this comes from
Reported directly by Alerus Financial Corporation in its filing.
Tagged under the XBRL concept alrs:ServicingAssetAtAmortizedCostNetOfValuationAllowance.
The official record: Alerus Financial Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Alerus Financial Corporation's servicing asset at amortized cost net of valuation allowance?
- Alerus Financial Corporation (ALRS) reported servicing asset at amortized cost net of valuation allowance of $6.62M in Q1 2026.
- How has Alerus Financial Corporation's servicing asset at amortized cost net of valuation allowance changed year-over-year?
- Alerus Financial Corporation's servicing asset at amortized cost net of valuation allowance decreased by 10.0% year-over-year, from $7.35M to $6.62M.
- What is the long-term trend for Alerus Financial Corporation's servicing asset at amortized cost net of valuation allowance?
- Over 5 years (2020 to 2025), Alerus Financial Corporation's servicing asset at amortized cost net of valuation allowance has grown at a 26.3% compound annual growth rate (CAGR), from $1.99M to $6.38M.
- What does servicing asset at amortized cost net of valuation allowance mean?
- This represents the capitalized value of rights to service mortgage loans for third-party investors, net of any valuation allowances for impairment. It reflects the present value of expected future servicing fees minus the costs of servicing the loans. This metric is critical for assessing the value of the company's mortgage servicing portfolio and its sensitivity to interest rate fluctuations and prepayment speeds.