{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-000469","form_type":"8-K","ticker":"ALRS","cik":"0000903419","company_name":"ALERUS FINANCIAL CORP","filed_at":"2024-01-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.232377+00:00","generated_at":"2026-06-06T19:42:43.649217+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Alerus Q4 net loss $14.8M from $24.6M securities sale; TBV up 8%, deposits grow 7.8%","bullets":["Net loss $14.8M ($0.73 diluted EPS) vs Q3 net income $9.2M ($0.45); one-time pre-tax loss $24.6M from selling $172.3M securities.","Total deposits $3.1B, up $223.4M (+7.8% QoQ); total loans $2.8B, up $149.7M (+5.7%); loan/deposit ratio 89.0%.","Net interest margin expanded 10 bps to 2.37%; net interest income $21.6M (+5.7% QoQ).","Tangible book value per share $15.46, up 8.0% from Q3; repurchased $2.1M of stock at avg $17.65.","Full-year 2023 dividends increased to $0.75/sh from $0.70; CEO cites momentum heading into 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-000469","json":"https://secwatch.observer/filing/0001558370-24-000469.json","markdown":"https://secwatch.observer/filing/0001558370-24-000469.md","text":"https://secwatch.observer/filing/0001558370-24-000469.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/903419/000155837024000469/0001558370-24-000469-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/903419/000155837024000469/alrs-20240124x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T19:42:43.649217+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":"6fe11aa261fed33530c56517f4f9a741f78663b9","claim":"ALERUS FINANCIAL CORP reported the fourth quarter of 2023 results: net income net loss of $14.8 million, EPS ($0.73) per diluted common share.","evidence_excerpt":"Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported net loss of $14.8 million for the fourth quarter of 2023, or ($0.73) per diluted common share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/903419/000155837024000469/0001558370-24-000469-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2023"},{"label":"Net income","value":"net loss of $14.8 million"},{"label":"EPS","value":"($0.73) 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"}