{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-013893","form_type":"8-K","ticker":"ALRS","cik":"0000903419","company_name":"ALERUS FINANCIAL CORP","filed_at":"2026-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.911622+00:00","generated_at":"2026-05-15T02:37:30.619100+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Alerus Financial Q1 net income $23.0M, EPS $0.89, NIM expands to 3.77%","bullets":["Net income of $23.0M ($0.89 diluted EPS) vs Q4 2025 net loss of $33.1M ($(1.27)) and Q1 2025 net income of $13.3M ($0.52).","Net interest margin (tax-equivalent) 3.77%, up from 3.69% in Q4 2025; efficiency ratio 63.39%.","Total deposits $4.3B (+3.7% from Dec 2025); core commercial transactional deposits up 8.6% to $1.8B.","Nonperforming assets fell 22.1% to $54.0M; tangible book value per share $18.15, up 3.4%.","Repurchased $6.0M of stock at avg $23.90, reducing shares by 250K; tangible common equity ratio 8.85%."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-013893","json":"https://secwatch.observer/filing/0001437749-26-013893.json","markdown":"https://secwatch.observer/filing/0001437749-26-013893.md","text":"https://secwatch.observer/filing/0001437749-26-013893.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/903419/000143774926013893/0001437749-26-013893-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/903419/000143774926013893/alrs20260305_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T02:37:30.619100+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":"b3875ed277bd9f498a1f12aeea6091f1c10e11d7","claim":"ALERUS FINANCIAL CORP reported the first quarter of 2026 results: net income $23.0 million, EPS $0.89 per diluted common share.","evidence_excerpt":"Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported net income of $23.0 million for the first quarter of 2026, or $0.89 per diluted common share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/903419/000143774926013893/0001437749-26-013893-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2026"},{"label":"Net income","value":"$23.0 million"},{"label":"EPS","value":"$0.89 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}