Alerus Financial Balance Sheet Health
Financial Health criteria checks 5/6
Alerus Financial has total assets of $4.1B and total equity of $386.5M. Total deposits are $3.3B, and total loans are $3.0B earning a Net Interest Margin of 2.5%. It has insufficient allowance for bad loans, which are currently at 1.6% of total loans. Cash and short-term investments are $80.9M.
Key information
10.6x
Asset to equity ratio
2.5%
Net interest margin
| Total deposits | US$3.32b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 1.6% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | US$80.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: 5QD's Assets to Equity ratio (10.6x) is moderate.
Allowance for Bad Loans: 5QD has a low allowance for bad loans (82%).
Low Risk Liabilities: 90% of 5QD's liabilities are made up of primarily low risk sources of funding.
Loan Level: 5QD has an appropriate level of Loans to Assets ratio (73%).
Low Risk Deposits: 5QD's Loans to Deposits ratio (90%) is appropriate.
Level of Bad Loans: 5QD has an appropriate level of bad loans (1.6%).