{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-030957","form_type":"8-K","ticker":"ALRS","cik":"0000903419","company_name":"ALERUS FINANCIAL CORP","filed_at":"2024-10-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.334889+00:00","generated_at":"2026-05-30T17:36:53.866693+00:00","sec_items":["2.01","5.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Alerus completes acquisition of HMNF for ~$128.8M in stock; adds director","bullets":["All-stock acquisition valued at ~$128.8M; HMNF shareholders received 1.25 ALRS shares per HMNF share.","HMNF had $1.1B assets, $876.6M loans, $983.2M deposits as of June 30, 2024.","Combined entity: ~$5.5B total assets, $3.8B loans, $4.3B deposits, $43.6B AUA/AUM, 29 locations.","Jeffrey Bolton (former Mayo Clinic CAO/CFO) appointed to Alerus board, effective immediately.","Account conversion expected Q4 2024; Alerus' largest bank acquisition and 26th since 2000."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-030957","json":"https://secwatch.observer/filing/0001437749-24-030957.json","markdown":"https://secwatch.observer/filing/0001437749-24-030957.md","text":"https://secwatch.observer/filing/0001437749-24-030957.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/903419/000143774924030957/0001437749-24-030957-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/903419/000143774924030957/alrs20241008_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T17:36:53.866693+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8ce5e0dcb8","claim":"Jeffrey Bolton was appointed as Director at ALERUS FINANCIAL CORP.","evidence_excerpt":"appointed one former HMNF director, Jeffrey Bolton, to the Board","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/903419/000143774924030957/0001437749-24-030957-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}