Alerus Financial Corp (ALRS) — Net Asset Quality Index
Alerus Financial Corp (ALRS) has a Net Asset Quality Index of 10.9% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $5.29 Billion minus total liabilities of $4.71 Billion yields net assets of $574.69 Million. A higher index indicates a stronger, lower-leverage balance sheet. See ALRS defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Alerus Financial Corp Net Asset Quality Index Over Time (2006–2025)
This chart shows how Alerus Financial Corp's Net Asset Quality Index has evolved across 20 annual periods from 2006 to 2025. As of March 2026, the index stands at 10.9%, representing net assets of $574.69 Million against total assets of $5.29 Billion USD. Explore cash flow conversion of Alerus Financial Corp to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Alerus Financial Corp (2006–2025)
The table below presents the year-by-year Net Asset Quality Index for Alerus Financial Corp from 2006 to 2025, covering 20 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market cap of Alerus Financial Corp.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 10.8% | $564.93 Million | $5.23 Billion | $4.67 Billion | ▲ +1.4 pp |
| 2024 | 9.4% | $495.41 Million | $5.26 Billion | $4.77 Billion | ▼ 0.0 pp |
| 2023 | 9.4% | $369.13 Million | $3.91 Billion | $3.54 Billion | ▲ +0.0 pp |
| 2022 | 9.4% | $356.87 Million | $3.78 Billion | $3.42 Billion | ▼ -1.2 pp |
| 2021 | 10.6% | $359.40 Million | $3.39 Billion | $3.03 Billion | ▼ -0.4 pp |
| 2020 | 11.0% | $330.16 Million | $3.01 Billion | $2.68 Billion | ▼ -1.2 pp |
| 2019 | 12.1% | $285.73 Million | $2.36 Billion | $2.07 Billion | ▲ +3.1 pp |
| 2018 | 9.0% | $196.95 Million | $2.18 Billion | $1.98 Billion | ▲ +0.6 pp |
| 2017 | 8.4% | $180.57 Million | $2.14 Billion | $1.96 Billion | ▲ +0.2 pp |
| 2016 | 8.2% | $168.78 Million | $2.05 Billion | $1.88 Billion | ▼ -2.2 pp |
| 2015 | 10.5% | $182.82 Million | $1.74 Billion | $1.56 Billion | ▼ -1.0 pp |
| 2014 | 11.5% | $171.09 Million | $1.49 Billion | $1.32 Billion | ▲ +0.4 pp |
| 2013 | 11.1% | $153.31 Million | $1.38 Billion | $1.23 Billion | ▲ +0.4 pp |
| 2012 | 10.7% | $141.28 Million | $1.32 Billion | $1.18 Billion | ▼ -0.3 pp |
| 2011 | 11.0% | $127.25 Million | $1.16 Billion | $1.03 Billion | ▲ +2.3 pp |
| 2010 | 8.7% | $96.99 Million | $1.12 Billion | $1.02 Billion | ▲ +0.8 pp |
| 2009 | 7.8% | $88.34 Million | $1.13 Billion | $1.04 Billion | ▼ -3.0 pp |
| 2008 | 10.8% | $82.48 Million | $761.01 Million | $678.52 Million | ▼ -0.8 pp |
| 2007 | 11.6% | $82.29 Million | $707.62 Million | $625.33 Million | ▲ +1.0 pp |
| 2006 | 10.7% | $76.88 Million | $720.11 Million | $643.23 Million | — |