Alerus Financial Corporation ALRS Provision for Credit Losses
Provision for Credit Losses at other companies
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Where this comes from
Reported directly by Alerus Financial Corporation in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.
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 provision for credit losses?
- Alerus Financial Corporation (ALRS) reported provision for credit losses of -$4.88M in Q1 2026.
- How has Alerus Financial Corporation's provision for credit losses changed year-over-year?
- Alerus Financial Corporation's provision for credit losses decreased by 665.8% year-over-year, from $863K to -$4.88M.
- What is the long-term trend for Alerus Financial Corporation's provision for credit losses?
- Over 3 years (2021 to 2024), Alerus Financial Corporation's provision for credit losses has grown at a 51.2% compound annual growth rate (CAGR), from -$5.25M to $18.14M.
- What does provision for credit losses mean?
- Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.