Call reports 2012
ALERUS FINANCIAL, NATIONAL ASSOCIATION — 2012
What ALERUS FINANCIAL, NATIONAL ASSOCIATION reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 1,205,313,000 | 1,190,967,000 | 1,212,062,000 | 1,316,119,000 |
| Total loans | 735,629,000 | 783,007,000 | 829,642,000 | 843,860,000 |
| Allowance for loan losses | 14,577,000 | 14,914,000 | 15,066,000 | 15,101,000 |
| Securities available for sale | 198,925,000 | 187,145,000 | 198,244,000 | 214,939,000 |
| Securities held to maturity | 70,172,000 | 69,541,000 | 48,691,000 | 46,976,000 |
| Trading assets | 1,848,000 | 1,980,000 | 1,952,000 | 1,745,000 |
| Total deposits | 1,034,664,000 | 992,574,000 | 1,030,232,000 | 1,116,637,000 |
| Interest-bearing deposits | 842,158,000 | 782,801,000 | 791,972,000 | 848,767,000 |
| Noninterest-bearing deposits | 192,506,000 | 209,773,000 | 238,260,000 | 267,869,000 |
| Equity capital | 125,670,000 | 129,972,000 | 134,850,000 | 136,636,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 11,773,000 | 23,970,000 | 36,155,000 | 52,771,000 |
| Interest expense | 1,280,000 | 2,445,000 | 3,534,000 | 4,528,000 |
| Net interest income | 10,493,000 | 21,525,000 | 32,621,000 | 48,243,000 |
| Noninterest income | 18,013,000 | 37,998,000 | 57,260,000 | 80,929,000 |
| Noninterest expense | 22,770,000 | 45,256,000 | 68,105,000 | 102,080,000 |
| Provision for loan losses | 625,000 | 833,000 | 833,000 | 833,000 |
| Pretax income | 5,110,000 | 13,433,000 | 20,942,000 | 26,476,000 |
| Income tax | 1,827,000 | 4,842,000 | 7,603,000 | 9,429,000 |
| Net income | 3,283,000 | 8,591,000 | 13,339,000 | 17,047,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 105,193,000 | 109,887,000 | 115,067,000 | 118,198,000 |
| Total capital | 116,654,000 | 122,571,000 | 127,504,000 | 130,621,000 |
| Risk-weighted assets | 851,853,000 | 931,515,000 | 911,329,000 | 950,837,000 |