{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-005611","form_type":"8-K","ticker":"ALRS","cik":"0000903419","company_name":"ALERUS FINANCIAL CORP","filed_at":"2024-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.388596+00:00","generated_at":"2026-06-03T10:57:27.081133+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Alerus Financial Q1 2024 net income $6.4M ($0.32 EPS) vs $14.8M loss in Q4 2023","bullets":["Total deposits rose 6.1% to $3.3B from Dec 2023; brokered deposits at $0.","Adjusted net interest margin (tax-equivalent) expanded 7 bps to 2.44%.","Fee income represented 53.3% of total revenue; all business lines grew.","CET1 ratio 11.86%; allowance for credit losses to loans 1.31%.","Tangible book value per share $15.63, up 1.1% from Dec 2023 and 7.8% YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-005611","json":"https://secwatch.observer/filing/0001558370-24-005611.json","markdown":"https://secwatch.observer/filing/0001558370-24-005611.md","text":"https://secwatch.observer/filing/0001558370-24-005611.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/903419/000155837024005611/0001558370-24-005611-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/903419/000155837024005611/alrs-20240424x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T10:57:27.081133+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":"ca808fe965fc8c868c479c045785de1bd5dcae26","claim":"ALERUS FINANCIAL CORP reported the three months ended March 31, 2024 results: net income $6.4 million, EPS $0.32 per diluted common share.","evidence_excerpt":"Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported net income of $6.4 million for the first quarter of 2024, or $0.32 per diluted common share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/903419/000155837024005611/0001558370-24-005611-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2024"},{"label":"Net income","value":"$6.4 million"},{"label":"EPS","value":"$0.32 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"}