Alerus financial corp. reports earnings results for the third quarter ended september 30, 2019

Alerus financial corp. announced earnings results for the third quarter ended september 30, 2019. for the third quarter, the company announced net interest income was usd 18.681 million compared to usd 18.929 million a year ago. net income was usd 7.104 million compared to usd 7.370 million a year ago. basic earnings per share was usd 0.49 compared to usd 0.53 a year ago. diluted earnings per share was usd 0.48 compared to usd 0.52 a year ago. for the nine months, net interest income was usd 56.092 million compared to usd 55.971 million a year ago. net income was usd 21.888 million compared to usd 19.833 million a year ago. basic earnings per share was usd 1.53 compared to usd 1.44 a year ago. diluted earnings per share was usd 1.49 compared to usd 1.41 a year ago.
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