ALERUS FINANCIAL NA
BANKGRAND FORKS, ND · N
Total Assets
$5.3B
—
Total Loans
$4.1B
—
ALERUS FINANCIAL NA in ND reported a Texas Ratio of 3.2% in Q2 2026, declining -5.4pp from the prior quarter. Nonperforming assets fell to 0.26%, down -1.06pp.
Portfolio composition
| Category | Balance | % of total | NPL % | Charge-off % |
|---|---|---|---|---|
| Real estate (all) | — | — | — | — |
| Commercial real estate | — | — | — | — |
| Construction & land | — | — | — | — |
| FOUNDATION Multifamily — Unlock to view | ||||
| FOUNDATION Non-residential CRE — Unlock to view | ||||
| FOUNDATION Residential real estate — Unlock to view | ||||
| FOUNDATION Commercial & industrial — Unlock to view | ||||
| FOUNDATION Consumer — Unlock to view | ||||
| FOUNDATION Other loans — Unlock to view | ||||
| FOUNDATION 1-4 family — 1st lien — Unlock to view | ||||
| FOUNDATION 1-4 family — junior lien — Unlock to view | ||||
| FOUNDATION 1-4 family — HELOC — Unlock to view | ||||
| FOUNDATION Multifamily — Unlock to view | ||||
| FOUNDATION CRE — owner-occupied — Unlock to view | ||||
| FOUNDATION CRE — non-owner-occupied — Unlock to view | ||||
| FOUNDATION Construction — 1-4 family — Unlock to view | ||||
| FOUNDATION Construction — other — Unlock to view | ||||
| FOUNDATION Commercial & industrial — Unlock to view | ||||
| FOUNDATION Consumer — Unlock to view | ||||
FOUNDATION
20-quarter trend panels
See how Texas Ratio, NPL %, and charge-offs evolved across the last 5 years.
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Peer cohort comparison
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Full portfolio composition
Every loan category, NPL ratio, and charge-off rate — beyond the top 3.
ALERUS FINANCIAL NA currently appears on: Charge-Off Velocity by Category
Recent acquisitions
Institutions ALERUS FINANCIAL NA absorbed since 2024 and the inherited portfolio's last-reported call-report figures. Why inherited portfolios matter
- Home Federal Savings Bank
- Inherited NPL volume
- $2M
- Inherited NPL %
- 0.28%
- Total loans inherited
- $871M
- Total assets inherited
- $1.1B
- YTD charge-offs (at close)
- $66K
- Last filing
- Sep 30, 2024