{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-017761","form_type":"8-K","ticker":"ALRS","cik":"0000903419","company_name":"ALERUS FINANCIAL CORP","filed_at":"2026-05-19T18:46:02+00:00","discovered_at":"2026-05-19T18:47:00.356868+00:00","generated_at":"2026-05-19T18:47:23.139408+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Alerus sells $33.6M nonperforming loan portfolio, no charge-offs recognized","bullets":["Sold three NPLs (construction, land & development) with net book balance of $33.6M as of March 31, 2026.","This relationship was 62.3% of total NPLs and 62.1% of total NPAs; sale would lower NPA/loans ratio from 1.34% to 0.51%.","Specific reserves of $3.1M were carried; no historical or transaction charge-offs; $1.6M nonaccrual interest recognized.","CEO credits credit culture; transaction completed with no charge-offs and significant nonaccrual interest recognized."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-017761","json":"https://secwatch.observer/filing/0001437749-26-017761.json","markdown":"https://secwatch.observer/filing/0001437749-26-017761.md","text":"https://secwatch.observer/filing/0001437749-26-017761.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/903419/000143774926017761/0001437749-26-017761-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/903419/000143774926017761/alrs20260518c_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T18:47:23.139408+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"}