ALRS — Alerus Financial Income Statement

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Annual income statement for Alerus Financial, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2019 December 31st	2020 December 31st	2021 December 31st	2022 December 31st	2023 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Interest Income
Interest Expense
Net Interest Income	74.6	83.8	87.1	99.7	87.8
Loan Loss Provision
Net Interest Income After Loan Loss Provision	67.2	83.8	90.6	99.7	85.8
Non Interest Income
Non Interest Expense
Net Income Before Taxes	38.9	58.5	69.1	52.2	15.9
Provision for Income Taxes
Net Income After Taxes	29.5	44.7	52.7	40	11.7
Net Income Before Extraordinary Items
Extraordinary Items
Net Income	29.5	44.7	52.7	40	11.7
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	28.9	43.9	51.9	39.6	11.7
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	1.69	2.99	2.97	2.1	0.581
Dividends per Share