Alerus financial corporation reports fourth quarter 2021 net income of $12.7 million and record annual net income of $52.7 million

Grand forks, n.d.--(business wire)--alerus financial corporation (nasdaq: alrs) reported net income of $12.7 million for the fourth quarter of 2021, or $0.72 per diluted common share, compared to net income of $13.1 million, or $0.74 per diluted common share, for the third quarter of 2021, and net income of $10.2 million, or $0.57 per diluted common share, for the fourth quarter of 2020. ceo comments president and chief executive officer katie lorenson said, “alerus continues to be a purpose-dr
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