FDIC Cert #3931 · Grand Forks, North Dakota · Est. 1933

Alerus Financial, National Association - FDIC Bank Health Profile

A community-scale look at Alerus Financial, National Association's own numbers, pulled straight from its quarterly FDIC Call Report.

Compiled from official public sources by the publisher.
$5.2B
Total assets
C
Health grade · Fair
0.42%
Return on assets
10.4%
Tier 1 capital

Data updated July 2026

The verdict

Alerus Financial, National Association earns a PlainBankData health grade of C (59/100), with well-capitalized at 10.41% Tier 1, 0.42% ROA, 63% efficiency ratio.

#283
largest of 4,313 FDIC banks by assets
94th
percentile by asset size, nationally
10.41%
Tier 1 ratio - above the 10% well-capitalized line
13th
percentile for profitability (ROA), nationally

PlainBankData assigns this grade from public Call Report data; it isn't an official FDIC rating, and your deposits remain insured to $250,000 per depositor, per ownership category no matter the score.

FDIC Call Report plate

Cert 3931 · ND C · 59/100

GRADE-C · LOWER-Q · PHOTO-FINISH · TIER1-WELL · TEXAS-CLEAN · ROA-THIN · SIZE-REGIONAL · BOOK-FULL

  • GRADE-C C (59/100)
  • LOWER-Q #3865/4307
  • PHOTO-FINISH THE SEILING STATE BANK · OK
  • TIER1-WELL 10.4% Tier 1
  • TEXAS-CLEAN 10.6% Texas
  • ROA-THIN 0.42% ROA
  • SIZE-REGIONAL $1–10B
  • BOOK-FULL 9/9 fields

Nearest health peer outside North Dakota: THE SEILING STATE BANK, OK (±0 health pts)

Instrument codes from this bank’s FDIC Call Report sheet: grade band, health peer rank, photo-finish gap, Tier 1, Texas Ratio, ROA, size band, and book completeness. Not an official FDIC rating.

Health-score neighbourhood around Alerus Financial

Lowest and highest poles plus nearest scored peers outside North Dakota, not a full FDIC corpus board reprint.

Morgan Stanley Bank,… · UT ·…100/100Alerus Financial, Na… · ND ·…59/100Bank of Sun Prairie · WI · n…59/100Gateway First Bank · OK · ne…59/100Midland States Bank · IL · n…59/100THE SEILING STATE BANK · OK …59/100Tioga-Franklin Savin… · PA ·…0/100
PlainBankData health composite · neighbourhood around Alerus Financial · July 2026

Plate reading for Alerus Financial where failures stay rare

Alerus Financial, National Association (FDIC Cert #3931) carries a PlainBankData health grade of C at 59/100, built only from this bank's own Call Report Tier 1 capital, ROA, Texas Ratio, and efficiency inputs. On the scored corpus it sits at health rank #3,865 of 4,307. Tier 1 capital prints at 10.41%, clearing the 10% well-capitalized line. The Texas Ratio is 10.63%, inside the sub-50% band analysts treat as healthy. Return on assets is 0.42%. Balance-sheet scale is $5.2B, 283rd of 4,313 FDIC-insured banks by assets. The nearest cross-state health peer is THE SEILING STATE BANK (OK), tied on the composite. These are instrument codes from the Call Report sheet, not an official FDIC CAMELS rating, and insured deposits stay protected to $250,000 per depositor per ownership category regardless of grade. Compare the plate stamps against the score breakdown and the health-score neighbourhood before treating any single ratio as decisive.

State failure history around Alerus Financial

Zero FAILURE resolutions in North Dakota since 2000

Alerus Financial, National Association is headquartered in a state where FDIC FAILURE resolutions have been rare or absent since 2000 (0 of 578 nationwide). That is a historical count of closed institutions, not a forecast for this Call Report sheet.

  • FIRST FS & LA OF FARGO FARGO, ND 1991 → FIRST NB OF ND
  • FIRST NATIONAL BANK OF CROSBY CROSBY, ND 1990 → FIRST NATIONAL BANK & TRUST
  • THE FIRST STATE BANK OF REGENT REGENT, ND 1990 → FIRST NATIONAL BANK

Source: FDIC Failed Bank List (resolution_type=FAILURE only; ASSISTANCE excluded). See the depositor failures guide and North Dakota banks.

How Alerus Financial, National Association's 59/100 score adds up

Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.

0/100100/100National avg77/10059/100
Alerus Financial, National Association's composite health score
Tier 1 Capital Ratio (10.41%) 28/40
Return on Assets (ROA) (0.42%) 7/25
Texas Ratio (10.63%) 16/20
Efficiency Ratio (63.18%) 8/15

59 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.

Balance sheet at a glance

Total Assets

$5.2B

Total balance-sheet footings

Total Deposits

$4.2B

Customer-funded liabilities

Net Loans

$4.0B

Outstanding loan book

Net Income

$22M

Bottom-line earnings

Capital adequacy vs federal thresholds

0% 2% 4% 6% 8% 10% 12% CET1 (≥6.5% req.) Tier 1 (≥8.0% req.) Total (≥10.0% req.) 9.01% 10.41% 11.81%
Basel III capital ratios - Alerus Financial, National Association

Where Alerus Financial, National Association ranks

Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Alerus Financial, National Association's score of 59/100 falls in the highlighted band.

Alerus Financial, National Association: health score vs. every FDIC-insured bank

0-100 composite health score, FDIC Call Reports

59 10th percentile higher than 10% of 4,307 FDIC-insured banks

0–10: 3 FDIC-insured banks (0%). Below this entry. 10–20: 6 FDIC-insured banks (0%). Below this entry. 20–30: 26 FDIC-insured banks (1%). Below this entry. 30–40: 36 FDIC-insured banks (1%). Below this entry. 40–50: 98 FDIC-insured banks (2%). Below this entry. 50–60: 279 FDIC-insured banks (6%). This entry sits in this band. 60–70: 777 FDIC-insured banks (18%). Above this entry. 70–80: 1,030 FDIC-insured banks (24%). Above this entry. 80–90: 1,237 FDIC-insured banks (29%). Above this entry. 90–100: 815 FDIC-insured banks (19%). Above this entry. Alerus Financial 0 100 every FDIC-insured bank with a health score, bucketed by value

Each bar is a band; taller bars hold more FDIC-insured banks. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source FDIC Call Reports · July 2026

Alerus Financial, National Association's size among FDIC-insured banks

Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Alerus Financial, National Association's $5.2B falls in the highlighted band.

Safety metrics: Alerus Financial

Tier 1 capital ratio
Well-capitalized 10%

10.41% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.

Tier 1 Capital Ratio
10.41%
Texas Ratio
10.63%
Equity Capital
$561M

What these ratios mean →

Profitability metrics: Alerus Financial

Return on Assets (ROA)
13th percentile nationally
0.42%
Return on Equity (ROE)
4.16%
Efficiency Ratio
63.18%

What these mean →

Income & expense at Alerus Financial

$280M
Interest Income
$120M
Non-Interest Income
$197M
Non-Interest Expense

Asset quality, Texas Ratio detail

The Texas Ratio compares troubled assets to the capital available to absorb losses. Alerus Financial, National Association reports a Texas Ratio of 10.63% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.

Texas Ratio
Caution 50%

10.63% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.

FDIC Failed Bank List → View Alerus Financial, National Association on FDIC BankFind →

Top banks in North Dakota by total assets

Largest banks headquartered in North Dakota
  1. 1
    Bell Bank $14.4B

    Fargo, ND · Grade C

  2. 2
    First International Bank & Trust $6.2B

    Watford City, ND · Grade B

  3. 3
    Choice Financial Group $6.0B

    Fargo, ND · Grade B

  4. 4
    Alerus Financial $5.2B

    Grand Forks, ND · Grade C

  5. 5
    Gate City Bank $4.0B

    Fargo, ND · Grade D

Top 5 banks in North Dakota ranked by total assets · FDIC Call Report Q4 2025.

Nationwide banks with similar total assets

Nearest other-state banks with ≥$10M assets ($5.2B here), outside North Dakota so the neighborhood is not state containment.

Green Dot Bank DBA Bonneville Bank $5.2B · UT Southern Bank and Trust Company $5.2B · NC American National Bank $5.2B · NE The Farmers National Bank of Canfield $5.2B · OH

Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Alerus Financial, National Association (FDIC Cert #3931) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.

Alerus Financial, National Association Call Report profile · FDIC Failed Bank List · North Dakota FAILURE history · Informational only, not financial advice; consult a licensed professional before acting. See the disclaimer and methodology.

Other banks in North Dakota

All North Dakota banks →
BankAssetsGradeROA
Bell BankFargo $14.4B C 0.59%
First International Bank & TrustWatford City $6.2B B 1.69%
Choice Financial GroupFargo $6.0B B 1.22%
Gate City BankFargo $4.0B D 0.60%
Bravera BankDickinson $3.8B B 1.12%
Western State BankDevils Lake $2.6B A 1.79%
First Western Bank & TrustMinot $2.3B C 0.84%
Starion BankBismarck $2.1B B 0.80%