{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-007626","form_type":"8-K/A","ticker":"ALRS","cik":"0000903419","company_name":"ALERUS FINANCIAL CORP","filed_at":"2025-03-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.746981+00:00","generated_at":"2026-05-24T20:05:08.638723+00:00","sec_items":["2.02","7.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Alerus Financial amends Q4/FY2024 earnings to correct goodwill accounting from HMNF acquisition","bullets":["Correction stems from accrued contract termination expenses wrongly included in goodwill under ASC 805-20-25-2.","Q4 2024 net income revised from $3.2M to -$0.07M; FY2024 net income from $21.1M to $17.8M.","Goodwill as of Dec 31, 2024 reduced by ~$1.9M to $85.6M; retained earnings lowered by $3.3M.","Adjusted net income (non-GAAP) unchanged at $30.98M for FY2024; no material impact.","Company identified error while preparing Form 10-K; corrected in this 8-K/A."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-007626","json":"https://secwatch.observer/filing/0001437749-25-007626.json","markdown":"https://secwatch.observer/filing/0001437749-25-007626.md","text":"https://secwatch.observer/filing/0001437749-25-007626.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/903419/000143774925007626/0001437749-25-007626-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/903419/000143774925007626/alrs20250311_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T20:05:08.638723+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}