{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-012281","form_type":"8-K","ticker":"ALRS","cik":"0000903419","company_name":"ALERUS FINANCIAL CORP","filed_at":"2023-07-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.972751+00:00","generated_at":"2026-06-13T02:37:21.602940+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Alerus Financial Q2 net income $9.1M ($0.45 EPS); dividend raised 5.6% to $0.19","bullets":["Net income of $9.1M ($0.45 diluted EPS) vs. $8.2M ($0.40) Q1 2023 and $9.3M ($0.52) Q2 2022.","Quarterly dividend increased 5.6% to $0.19 per share; repurchased $3.0M of stock (170,046 shares).","Noninterest expense fell 4% QoQ to $36.4M; efficiency ratio improved to 72.79%.","Noninterest income represented 53.7% of total revenue; loan-to-deposit ratio 88.8%.","Headcount reduced 10% over past 12 months; CET1 capital ratio 13.30%."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-012281","json":"https://secwatch.observer/filing/0001558370-23-012281.json","markdown":"https://secwatch.observer/filing/0001558370-23-012281.md","text":"https://secwatch.observer/filing/0001558370-23-012281.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/903419/000155837023012281/0001558370-23-012281-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/903419/000155837023012281/alrs-20230726x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T02:37:21.602940+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":"46aa3116296deefd69a7f1f754130f0e1657cd41","claim":"ALERUS FINANCIAL CORP reported second quarter of 2023 results: net income $9.1 million, EPS $0.45 per diluted common share.","evidence_excerpt":"Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported net income of $9.1 million for the second quarter of 2023, or $0.45 per diluted common share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/903419/000155837023012281/0001558370-23-012281-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of 2023"},{"label":"Net income","value":"$9.1 million"},{"label":"EPS","value":"$0.45 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"}