Total Assets
$5.2B
Total balance-sheet footings
2026 data FDIC sourced Public-data reference.
Alerus Financial, National Association — FDIC Bank Health Profile
Grand Forks, North Dakota · Est. 1933. Free, sourced from the FDIC BankFind Suite — refreshed each quarter and cross-checked against the FDIC Call Report.
Nationally chartered (OCC) National Bank FDIC Cert #3931 Kansas City Region
D
Health grade
Weak
Score: 43/100
Basel III capital ratios — Alerus Financial, National Association
Total Deposits
$4.2B
Customer-funded liabilities
Net Loans
$4.0B
Outstanding loan book
Net Income
$22M
Bottom-line earnings
Safety Metrics
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
Core capital ÷ risk-weighted assets. Well-capitalized: ≥10%
10.41%
Texas Ratio
Non-performing loans ÷ equity. Danger zone: >100%
—
Equity Capital
Tangible book value as a capital buffer
$561M
Profitability Metrics
Return on Assets (ROA)
Net income ÷ assets. Healthy: ≥1%
0.42%
Return on Equity (ROE)
Net income ÷ equity. Industry avg: ~10%
4.16%
Efficiency Ratio
Operating costs ÷ revenue. Efficient: <60%
63.18%
Income & Expense Breakdown
$280M
Interest Income
$120M
Non-Interest Income
$197M
Non-Interest Expense
FDIC Deposit Insurance
Alerus Financial, National Association is FDIC-insured (Certificate #3931). Your deposits are protected up to $250,000 per depositor, per account category regardless of this bank's health grade.
What the Numbers Say About Alerus Financial, National Association
Alerus Financial, National Association is an FDIC-insured institution (Certificate #3931) headquartered in Grand Forks, North Dakota, established in 1933. The bank currently holds $5.2B in total assets and $4.2B in customer deposits, with $4.0B deployed as loans. It operates as a Nationally chartered (OCC) (National Bank) within the FDIC Kansas City region. These figures come directly from the bank's quarterly FDIC Call Report and reflect the balance sheet as of the latest regulatory filing.
On safety metrics, Alerus Financial, National Association reports a Tier 1 Capital Ratio of 10.41% — above the 10% federal threshold for "well-capitalized" status and a Texas Ratio of —. Equity capital stands at $561M, serving as the tangible buffer against loan losses. On profitability, the bank posted a Return on Assets of 0.42% and a Return on Equity of 4.16%, with an Efficiency Ratio of 63.18% — above the 60% benchmark, meaning a larger share of revenue is consumed by operating costs. The combined picture yields a PlainBankData health grade of D (43/100), a composite score that blends all four dimensions.
Not financial advice. This page summarizes public FDIC Call Report data for informational purposes only. Health grades are our interpretation of regulatory filings and are not official FDIC ratings, endorsements, or predictions. Regardless of grade, every dollar on deposit at Alerus Financial, National Association is protected by FDIC insurance up to $250,000 per depositor, per ownership category — even if the bank were to fail. For decisions about where to hold deposits, consult a qualified financial professional and verify the latest figures directly at the FDIC's BankFind Suite.
Top 5 banks in North Dakota by total assets
Source: FDIC BankFind Suite — Call Report (FFIEC 031/041) + CRA performance data Alerus Financial, National Association (FDIC Cert #3931) — Tier 1 capital ratio, total assets, deposits, CRA rating · 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.
Other Banks in North Dakota
All North Dakota banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Bell Bank Fargo | $14.4B | D | 0.59% |
| First International Bank & Trust Watford City | $6.2B | C | 1.69% |
| Choice Financial Group Fargo | $6.0B | F | 1.22% |
| Gate City Bank Fargo | $4.0B | F | 0.60% |
| Bravera Bank Dickinson | $3.8B | C | 1.12% |
| Western State Bank Devils Lake | $2.6B | B | 1.79% |
| First Western Bank & Trust Minot | $2.3B | F | 0.84% |
| Starion Bank Bismarck | $2.1B | C | 0.80% |
Frequently Asked Questions
What is Alerus Financial, National Association's health grade? ▼
Alerus Financial, National Association receives a health grade of D (43/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank shows notable financial weaknesses. Your deposits remain FDIC-insured up to $250,000.
How large is Alerus Financial, National Association? ▼
Alerus Financial, National Association holds $5.2B in total assets and $4.2B in deposits. It is headquartered in Grand Forks, North Dakota.
Is my money safe at Alerus Financial, National Association? ▼
Yes. Alerus Financial, National Association is FDIC-insured (Certificate #3931). Your deposits are protected up to $250,000 per depositor, per account category, regardless of the bank's health grade. If a bank fails, the FDIC typically makes insured deposits available within one business day.
What is Alerus Financial, National Association's Tier 1 Capital Ratio? ▼
Alerus Financial, National Association has a Tier 1 Capital Ratio of 10.41%. This exceeds the 10% threshold for "well-capitalized" status under federal banking regulations.
How efficient is Alerus Financial, National Association? ▼
Alerus Financial, National Association has an Efficiency Ratio of 63.18%. Above 60% means a larger share of revenue goes to operating costs. This metric compares non-interest expenses to total revenue.
Bank Safety Guides
Related Data Sources
Data from the FDIC BankFind Suite API. Financial data as of Q4 2025.
Related
Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainBankData Editorial
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the FDIC BankFind Suite. Consult a qualified professional before making decisions based on this data.
Read our methodology — how this data is sourced, computed, and verified.