BlastPoint's Banking Scorecard

Alerus Financial, National Association

$1B-$10B Specialty: Commercial ND FDIC cert 3931

Grand Forks, ND

27 branches across MN · ND · AZ · IA · WI

884 banks in the $1B-$10B peer group nationally 12 in ND

Alerus Financial, National Association has 2 strengths but faces 7 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.

Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

+ Revenue Diversifier: Top 14.9% in tier
+ Profitability Leader: Top 18.1% in tier

Key Concerns

Areas that may need attention

- Liquidity Strain: Bottom 4.2% in tier
- Capital Thin: Bottom 8.6% in tier
- Capital Constraint: Bottom 29.7% in tier
- Deposit Outflow: Bottom 37.7% in tier
- Net Interest Margin 0.06% below tier average
- Efficiency Ratio 1.71% above tier average
- Delinquency Rate 0.45% above tier average

Get updates when Alerus Financial, National Association releases new data →

Core Metrics

As of 2026-Q1

Metric	Current	vs Tier	Tier Avg	State Avg (ND)	National Avg	Tier Percentile
Total Assets ?	$5.3B -0.9% YoY +1.3% QoQ	+$2.5B	$2.8B -0.1% YoY	$1.1B +4.5% YoY	$6.2B +9.1% YoY	Top 13.8% in tier
Total Loans ?	$4.0B -0.7% YoY -0.0% QoQ	+$2.0B	$2.0B +0.6% YoY	$779.7M +5.6% YoY	$3.2B +10.8% YoY	Top 12.1% in tier
Total Deposits ?	$4.4B -3.0% YoY +3.6% QoQ	+$2.0B	$2.3B -0.3% YoY	$930.6M +2.8% YoY	$4.8B +8.2% YoY	Top 13.6% in tier
Return on Assets ?	1.81% +65.9% YoY +331.9% QoQ	+0.45%	1.37% +19.6% YoY	1.38% +15.2% YoY	1.23% +13.4% YoY	84%
Net Interest Margin ?	3.76% +9.6% YoY +4.6% QoQ	-0.06%	3.82% +6.9% YoY	3.69% +5.3% YoY	3.89% +5.7% YoY	58%
Efficiency Ratio ?	62.77% -6.8% YoY -0.6% QoQ	+1.71%	61.06% -4.6% YoY	60.25% -5.8% YoY	66.95% -4.1% YoY	41%
Delinquency Rate ?	1.34% +14.0% YoY -18.9% QoQ	+0.45%	0.89% +14.1% YoY	0.92% +20.6% YoY	0.95% +18.8% YoY	19%
Loan-to-Deposit Ratio ?	91.20% +2.4% YoY -3.5% QoQ	+6.99%	84.20% +0.3% YoY	69.27% +0.4% YoY	76.70% +0.9% YoY	34%
Non-Interest-Bearing Deposit Share ?	20.55% -0.3% YoY +1.7% QoQ	-0.73%	21.29% -2.5% YoY	22.07% +2.0% YoY	22.01% -1.2% YoY	55%
Nonperforming Asset Ratio ?	1.02% +13.9% YoY -20.1% QoQ	+0.35%	0.67% +15.6% YoY	0.56% +12.7% YoY	0.67% +19.3% YoY	20%
Tier 1 Capital Ratio ?	10.75% +3.8% YoY +3.3% QoQ	-4.41%	15.16% +2.0% YoY	13.00% +1.5% YoY	17.06% +0.8% YoY	Bottom 13.0% in tier
Non-Interest Income / Assets ?	0.59% +13.1% YoY -74.5% QoQ	+0.33%	0.26% +1.6% YoY	0.12% +7.9% YoY	0.32% +4.1% YoY	Top 5.3% in tier

Get Full Access to Alerus Financial, National Association

Unlock complete metrics, peer benchmarks, and signature insights for this and every other FDIC-insured bank - always free

$250B+

12 performance metrics with tier, state, and national benchmarks

Signature behaviors (strengths & concerns)

Metric and signature rankings across 4,287 FDIC-insured banks

Want to see an example first? Preview JPMorgan Chase's scorecard →

Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).

Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (2)

Revenue Diversifier

growth

#34 of 221 • Top 14.9% in tier

Top-quartile non-interest income relative to assets. Revenue less dependent on spread - more resilient to rate cycles.

Why this signature

Noninterest Income / Assets: 0.59%

(Tier: 0.26%, National: 0.32%)

better than tier avg

Return on Assets: 1.81%

(Tier: 1.37%, National: 1.23%)

better than tier avg

221 of 221 Mid-Market banks match · 926 nationally

→ Stable +3 banks QoQ | QoQ rank improving

Profitability Leader

growth

#41 of 221 • Top 18.1% in tier

Top-quartile profitability for peers of this size. Strong fundamentals and operational efficiency.

Why this signature

Return on Assets: 1.81%

(Tier: 1.37%, National: 1.23%)

better than tier avg

221 of 221 Mid-Market banks match · 926 nationally

→ Stable +3 banks QoQ

Concerns (4)

Liquidity Strain

risk

#15 of 334 • Bottom 4.2% in tier

Loan-to-deposit ratio above 90% - loan demand outpacing deposits. Bumping against liquidity limits, funding solutions needed.

Why this signature

Loan-to-Deposit Ratio: 91.20%

(Tier: 84.20%, National: 76.70%)

worse than tier avg

334 of 334 Mid-Market banks match · 1013 nationally

→ Stable -50 banks QoQ | QoQ rank improving

Capital Thin

risk

#20 of 221 • Bottom 8.6% in tier

Tier 1 capital ratio in the bottom quartile of peers. Capital cushion thin relative to peers - regulator-watching cohort.

Why this signature

Tier 1 Capital Ratio: 10.75%

(Tier: 15.16%, National: 17.06%)

worse than tier avg

221 of 221 Mid-Market banks match · 926 nationally

→ Stable +3 banks QoQ | QoQ rank declining

Capital Constraint

risk

#12 of 37 • Bottom 29.7% in tier

Strong balance sheet under pressure - deposits leaving while lending capacity maxed. Need funding solutions before hitting regulatory limits.

Why this signature

Loan-to-Deposit Ratio: 91.20%

(Tier: 84.20%, National: 76.70%)

worse than tier avg

Tier 1 Capital Ratio: 10.75%

(Tier: 15.16%, National: 17.06%)

worse than tier avg

37 of 37 Mid-Market banks match · 148 nationally

↑ Growing +19 banks QoQ | QoQ rank declining

Deposit Outflow

decline

#50 of 130 • Bottom 37.7% in tier

Deposits down 0.5%+ YoY. Funding base eroding - rate competition or franchise weakness.

130 of 130 Mid-Market banks match · 656 nationally

→ Stable -8 banks QoQ | QoQ rank declining

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).

Concerns are metrics in the bottom 25% (25th percentile or lower).

Compare against:

Comparing against 884 peers in $1B-$10B

Top Strengths (5 metrics)

Non-Interest Income / Assets

revenue_mix

Value: 0.59%

Peer Median: 0.26%

#48 of 884 Top 5.3% in $1B-$10B

108

Total Loans

size

Value: $4.01B

Peer Median: $1.96B

#108 of 884 Top 12.1% in $1B-$10B

121

Total Deposits

size

Value: $4.39B

Peer Median: $2.34B

#121 of 884 Top 13.6% in $1B-$10B

123

Total Assets

size

Value: $5.28B

Peer Median: $2.82B

#123 of 884 Top 13.8% in $1B-$10B

141

Return on Assets

profitability

Value: 1.81%

Peer Median: 1.37%

#141 of 884 Top 15.8% in $1B-$10B

Top Weaknesses (3 metrics)

770

Tier 1 Capital Ratio

capital

Value: 10.75%

Peer Median: 15.16%

#770 of 884 Bottom 13.0% in $1B-$10B

714

Delinquency Rate

credit_quality

Value: 1.34%

Peer Median: 0.89%

#714 of 880 Bottom 19.0% in $1B-$10B

708

Nonperforming Asset Ratio

credit_quality

Value: 1.02%

Peer Median: 0.67%

#708 of 884 Bottom 20.0% in $1B-$10B