Total Debt
$404.2M
Net Debt
$295.2M
Alerus Financial Corporation currently has $404.2M in total debt. Net debt is $295.2M after cash offsets.
Financial Fundamentals
ALRS • Quarterly Data • 5Y View
| Date | Total Debt ($B) | Cash & Inv. ($B) | Net Debt ($B) | Total Assets | Debt/Assets |
|---|---|---|---|---|---|
| 2026-06-30 | 0.40 | 0.11 | 0.30 | 5.29 | 7.6% |
| 2026-03-31 | 0.30 | 0.13 | 0.17 | 5.29 | 5.7% |
| 2025-12-31 | 0.44 | 0.07 | 0.37 | 5.23 | 8.4% |
| 2025-09-30 | 0.30 | 0.62 | -0.33Net Cash | 5.33 | 5.6% |
| 2025-06-30 | 0.39 | 0.62 | -0.23Net Cash | 5.32 | 7.4% |
| 2025-03-31 | 0.28 | 0.65 | -0.38Net Cash | 5.34 | 5.2% |
| 2024-12-31 | 0.32 | 0.65 | -0.34Net Cash | 5.26 | 6.0% |
| 2024-09-30 | 0.31 | 0.53 | -0.22Net Cash | 4.08 | 7.7% |
| 2024-06-30 | 0.62 | 0.90 | -0.28Net Cash | 4.36 | 14.2% |
| 2024-03-31 | 0.62 | 1.02 | -0.40Net Cash | 4.34 | 14.3% |
| 2023-12-31 | 0.38 | 0.62 | -0.24Net Cash | 3.91 | 9.7% |
| 2023-09-30 | 0.58 | 0.70 | -0.12Net Cash | 3.87 | 15.0% |
| 2023-06-30 | 0.56 | 0.74 | -0.19Net Cash | 3.83 | 14.6% |
| 2023-03-31 | 0.44 | 0.85 | -0.41Net Cash | 3.89 | 11.2% |
| 2022-12-31 | 0.44 | 0.78 | -0.33Net Cash | 3.78 | 11.7% |
| 2022-09-30 | 0.32 | 0.78 | -0.47Net Cash | 3.69 | 8.6% |
| 2022-06-30 | 0.31 | 0.84 | -0.53Net Cash | 3.30 | 9.3% |
| 2022-03-31 | 0.06 | 1.00 | -0.94Net Cash | 3.34 | 1.9% |
| 2021-12-31 | 0.06 | 1.10 | -1.03Net Cash | 3.39 | 1.9% |
| 2021-09-30 | 0.06 | 0.81 | -0.75Net Cash | 3.18 | 2.0% |
| 2021-06-30 | 0.06 | 0.97 | -0.90Net Cash | 3.16 | 2.0% |
| 2021-03-31 | 0.07 | 0.99 | -0.92Net Cash | 3.15 | 2.1% |
| 2020-12-31 | 0.07 | 0.77 | -0.70Net Cash | 3.01 | 2.2% |
| 2020-09-30 | 0.07 | 0.59 | -0.52Net Cash | 2.90 | 2.3% |
| 2020-06-30 | 0.07 | 0.60 | -0.54Net Cash | 2.88 | 2.4% |
| 2020-03-31 | 0.07 | 0.55 | -0.49Net Cash | 2.51 | 2.7% |
| 2019-12-31 | 0.07 | 0.45 | -0.39Net Cash | 2.36 | 2.9% |
| 2019-09-30 | 0.07 | 0.34 | -0.27Net Cash | 2.23 | 3.1% |
| 2019-06-30 | 0.20 | 0.30 | -0.10Net Cash | 2.21 | 9.1% |
| 2019-03-31 | 0.07 | 0.30 | -0.23Net Cash | 2.21 | 3.2% |
| 2018-12-31 | 0.15 | 0.29 | -0.14Net Cash | 2.18 | 7.0% |
| 2018-09-30 | 0.13 | 0.28 | -0.15Net Cash | 2.17 | 6.1% |
| 2018-06-30 | 0.17 | 0.29 | -0.12Net Cash | 2.18 | 7.9% |
| 2018-03-31 | 0.06 | 0.28 | -0.23Net Cash | 2.09 | 2.8% |
| 2017-12-31 | 0.09 | 0.39 | -0.30Net Cash | 2.14 | 4.2% |
| 2017-09-30 | 0.25 | 0.32 | -0.06Net Cash | 2.07 | 12.3% |
| 2017-06-30 | 0.19 | 0.34 | -0.15Net Cash | 2.04 | 9.3% |
| 2017-03-31 | 0.06 | 0.43 | -0.37Net Cash | 2.00 | 2.9% |
| 2016-12-31 | 0.06 | 0.48 | -0.42Net Cash | 2.05 | 2.9% |
| 2016-09-30 | 0.06 | 0.34 | -0.28Net Cash | 1.94 | 3.1% |
| 2016-06-30 | 0.06 | 0.34 | -0.28Net Cash | 1.93 | 3.2% |
| 2016-03-31 | 0.09 | 0.51 | -0.42Net Cash | 2.05 | 4.2% |
| 2015-12-31 | 0.07 | 0.46 | -0.39Net Cash | 1.74 | 4.1% |
| 2015-09-30 | 0.03 | 0.28 | -0.25Net Cash | 1.57 | 2.0% |
| 2015-06-30 | 0.02 | 0.04 | -0.02Net Cash | 1.56 | 1.4% |
| 2015-03-31 | 0.02 | 0.06 | -0.04Net Cash | 1.51 | 1.4% |
| 2014-12-31 | 0.03 | 0.25 | -0.22Net Cash | 1.49 | 2.2% |
| 2014-09-30 | 0.02 | 0.03 | -0.01Net Cash | 1.50 | 1.4% |
| 2013-12-31 | 0.03 | 0.07 | -0.04Net Cash | 1.38 | 2.1% |
| 2013-09-30 | 0.02 | 0.03 | -0.01Net Cash | 1.29 | 1.7% |
| 2013-06-30 | 0.02 | 0.03 | -0.01Net Cash | 1.30 | 1.7% |
| 2013-03-31 | 0.02 | 0.11 | -0.09Net Cash | 1.33 | 1.6% |
| 2012-12-31 | 0.03 | 0.12 | -0.09Net Cash | 1.32 | 2.6% |