2024 Q2 Form 10-Q Financial Statement
#000155837024006547 Filed on May 02, 2024
Income Statement
Concept | 2024 Q2 | 2024 Q1 |
---|---|---|
Revenue | $53.02M | $49.04M |
YoY Change | 31.44% | 29.7% |
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | ||
YoY Change | ||
% of Gross Profit | ||
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $700.0K | $2.100M |
YoY Change | -66.81% | -1.41% |
% of Gross Profit | ||
Operating Expenses | ||
YoY Change | ||
Operating Profit | ||
YoY Change | ||
Interest Expense | $29.02M | $26.82M |
YoY Change | 60.28% | 89.52% |
% of Operating Profit | ||
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $8.131M | $8.523M |
YoY Change | -30.14% | -18.77% |
Income Tax | $1.923M | $2.091M |
% Of Pretax Income | 23.65% | 24.53% |
Net Earnings | $6.208M | $6.432M |
YoY Change | -31.81% | -21.43% |
Net Earnings / Revenue | 11.71% | 13.12% |
Basic Earnings Per Share | $0.31 | $0.32 |
Diluted Earnings Per Share | $0.31 | $0.32 |
COMMON SHARES | ||
Basic Shares Outstanding | 19.78M | 19.74M |
Diluted Shares Outstanding | 20.05M | 19.99M |
Balance Sheet
Concept | 2024 Q2 | 2024 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | ||
YoY Change | ||
Cash & Equivalents | $438.1M | $545.8M |
Short-Term Investments | ||
Other Short-Term Assets | ||
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | ||
YoY Change | ||
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $22.20M | $23.27M |
YoY Change | -7.23% | 2.29% |
Goodwill | $46.78M | $46.78M |
YoY Change | -0.65% | -0.65% |
Intangibles | $14.51M | $15.83M |
YoY Change | -26.74% | -25.07% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $35.73M | $34.80M |
YoY Change | -18.25% | -16.4% |
Total Long-Term Assets | ||
YoY Change | ||
TOTAL ASSETS | ||
Total Short-Term Assets | ||
Total Long-Term Assets | ||
Total Assets | $4.359B | $4.338B |
YoY Change | 13.71% | 11.61% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | ||
YoY Change | ||
Accrued Expenses | $72.81M | $67.50M |
YoY Change | 1.86% | 4.4% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $555.0M | $555.0M |
YoY Change | 12.79% | 49.14% |
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $427.8M | $622.5M |
YoY Change | -24.09% | 42.51% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $59.01M | $58.99M |
YoY Change | 0.19% | 0.19% |
Other Long-Term Liabilities | ||
YoY Change | ||
Total Long-Term Liabilities | $59.01M | $58.99M |
YoY Change | 0.19% | 0.19% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $427.8M | $622.5M |
Total Long-Term Liabilities | $59.01M | $58.99M |
Total Liabilities | $3.985B | $3.966B |
YoY Change | 14.68% | 12.44% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $277.6M | $275.4M |
YoY Change | -2.88% | -1.84% |
Common Stock | $19.78M | $19.78M |
YoY Change | -0.69% | -1.45% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $373.2M | $371.6M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $4.359B | $4.338B |
YoY Change | 13.71% | 11.61% |
Cashflow Statement
Concept | 2024 Q2 | 2024 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $6.208M | $6.432M |
YoY Change | -31.81% | -21.43% |
Depreciation, Depletion And Amortization | $700.0K | $2.100M |
YoY Change | -66.81% | -1.41% |
Cash From Operating Activities | -$11.49M | $11.99M |
YoY Change | -199.41% | 2594.16% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $3.685M | $881.0K |
YoY Change | 2133.33% | -4.55% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$102.3M | -$21.51M |
YoY Change | 307.02% | 12.25% |
Cash From Investing Activities | -$106.0M | -$22.39M |
YoY Change | 318.93% | 11.48% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $3.757M | |
YoY Change | 3.78% | |
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 9.841M | 426.3M |
YoY Change | -114.92% | 299.97% |
NET CHANGE | ||
Cash From Operating Activities | -11.49M | 11.99M |
Cash From Investing Activities | -106.0M | -22.39M |
Cash From Financing Activities | 9.841M | 426.3M |
Net Change In Cash | -107.6M | 415.9M |
YoY Change | 35.03% | 378.36% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$11.49M | $11.99M |
Capital Expenditures | $3.685M | $881.0K |
Free Cash Flow | -$15.17M | $11.11M |
YoY Change | -233.2% | -2423.85% |
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550000 | |
CY2024Q1 | us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
22219000 | |
CY2023Q1 | us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
23108000 | |
CY2024Q1 | alrs |
Mortgage Banking Income
MortgageBankingIncome
|
1670000 | |
CY2023Q1 | alrs |
Mortgage Banking Income
MortgageBankingIncome
|
1717000 | |
CY2024Q1 | us-gaap |
Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
|
1491000 | |
CY2023Q1 | us-gaap |
Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
|
2559000 | |
CY2024Q1 | us-gaap |
Noninterest Income
NoninterestIncome
|
25323000 | |
CY2023Q1 | us-gaap |
Noninterest Income
NoninterestIncome
|
25253000 | |
CY2024Q1 | us-gaap |
Compensation Expense Excluding Cost Of Good And Service Sold
CompensationExpenseExcludingCostOfGoodAndServiceSold
|
19332000 | |
CY2023Q1 | us-gaap |
Compensation Expense Excluding Cost Of Good And Service Sold
CompensationExpenseExcludingCostOfGoodAndServiceSold
|
19158000 | |
CY2024Q1 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
6188000 | |
CY2023Q1 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
5853000 | |
CY2024Q1 | alrs |
Occupancy And Equipment Expense
OccupancyAndEquipmentExpense
|
1906000 | |
CY2023Q1 | alrs |
Occupancy And Equipment Expense
OccupancyAndEquipmentExpense
|
1899000 | |
CY2024Q1 | alrs |
Business Services Software And Technology Expense
BusinessServicesSoftwareAndTechnologyExpense
|
5345000 | |
CY2023Q1 | alrs |
Business Services Software And Technology Expense
BusinessServicesSoftwareAndTechnologyExpense
|
5324000 | |
CY2024Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1324000 | |
CY2023Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1324000 | |
CY2024Q1 | us-gaap |
Professional Fees
ProfessionalFees
|
1993000 | |
CY2023Q1 | us-gaap |
Professional Fees
ProfessionalFees
|
1152000 | |
CY2024Q1 | us-gaap |
Business Development
BusinessDevelopment
|
685000 | |
CY2023Q1 | us-gaap |
Business Development
BusinessDevelopment
|
686000 | |
CY2024Q1 | us-gaap |
Supplies And Postage Expense
SuppliesAndPostageExpense
|
528000 | |
CY2023Q1 | us-gaap |
Supplies And Postage Expense
SuppliesAndPostageExpense
|
460000 | |
CY2024Q1 | us-gaap |
Travel And Entertainment Expense
TravelAndEntertainmentExpense
|
292000 | |
CY2023Q1 | us-gaap |
Travel And Entertainment Expense
TravelAndEntertainmentExpense
|
248000 | |
CY2024Q1 | alrs |
Mortgage And Lending Expenses
MortgageAndLendingExpenses
|
441000 | |
CY2023Q1 | alrs |
Mortgage And Lending Expenses
MortgageAndLendingExpenses
|
497000 | |
CY2024Q1 | us-gaap |
Other Noninterest Expense
OtherNoninterestExpense
|
985000 | |
CY2023Q1 | us-gaap |
Other Noninterest Expense
OtherNoninterestExpense
|
1268000 | |
CY2024Q1 | us-gaap |
Noninterest Expense
NoninterestExpense
|
39019000 | |
CY2023Q1 | us-gaap |
Noninterest Expense
NoninterestExpense
|
37869000 | |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
8523000 | |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
10492000 | |
CY2024Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2091000 | |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2306000 | |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
6432000 | |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
8186000 | |
CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.32 | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.41 | |
CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.32 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.40 | |
CY2024Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.19 | |
CY2023Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.18 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
19739000 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
20028000 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
19986000 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20246000 | |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
6432000 | |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
8186000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
|
-3517000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
|
4841000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
|
684000 | |
CY2024Q1 | alrs |
Gain Loss On Servicing Rights
GainLossOnServicingRights
|
20000 | |
CY2023Q1 | alrs |
Gain Loss On Servicing Rights
GainLossOnServicingRights
|
-38000 | |
CY2024Q1 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
449000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
114000 | |
CY2024Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
1071000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-2052000 | |
CY2024Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
4031000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-8352000 | |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
11989000 | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2383000 | |
CY2024Q1 | alrs |
Proceeds From Sale Of Debt Securities Trading
ProceedsFromSaleOfDebtSecuritiesTrading
|
5502000 | |
CY2024Q1 | alrs |
Payments To Acquire Debt Securities Trading
PaymentsToAcquireDebtSecuritiesTrading
|
10008000 | |
CY2024Q1 | alrs |
Other Comprehensive Income Loss Other Derivatives Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossOtherDerivativesGainLossAfterReclassificationBeforeTax
|
2031000 | |
CY2023Q1 | alrs |
Other Comprehensive Income Loss Other Derivatives Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossOtherDerivativesGainLossAfterReclassificationBeforeTax
|
-1725000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-802000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
3116000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
-201000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
782000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-601000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
2334000 | |
CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
5831000 | |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
10520000 | |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
356872000 | |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
8186000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
2334000 | |
CY2023Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
361000 | |
CY2023Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
3620000 | |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
159000 | |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
359118000 | |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
369127000 | |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
6432000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-601000 | |
CY2024Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
153000 | |
CY2024Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
3763000 | |
CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
593000 | |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
371635000 | |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
6432000 | |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
8186000 | |
CY2023Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
1459000 | |
CY2023Q1 | us-gaap |
Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
|
550000 | |
CY2024Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
2100000 | |
CY2023Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
2130000 | |
CY2024Q1 | alrs |
Amortization And Accretion Of Premiums Discounts On Investment Securities
AmortizationAndAccretionOfPremiumsDiscountsOnInvestmentSecurities
|
424000 | |
CY2023Q1 | alrs |
Amortization And Accretion Of Premiums Discounts On Investment Securities
AmortizationAndAccretionOfPremiumsDiscountsOnInvestmentSecurities
|
527000 | |
CY2024Q1 | alrs |
Operating Lease Right Of Use Asset Amortization Expenses
OperatingLeaseRightOfUseAssetAmortizationExpenses
|
8000 | |
CY2023Q1 | alrs |
Operating Lease Right Of Use Asset Amortization Expenses
OperatingLeaseRightOfUseAssetAmortizationExpenses
|
43000 | |
CY2024Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
593000 | |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
159000 | |
CY2024Q1 | us-gaap |
Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
|
53129000 | |
CY2023Q1 | us-gaap |
Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
|
56347000 | |
CY2024Q1 | us-gaap |
Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
|
55362000 | |
CY2023Q1 | us-gaap |
Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
|
50381000 | |
CY2024Q1 | alrs |
Increase Decrease In Value Of Bank Owned Life Insurance
IncreaseDecreaseInValueOfBankOwnedLifeInsurance
|
160000 | |
CY2023Q1 | alrs |
Increase Decrease In Value Of Bank Owned Life Insurance
IncreaseDecreaseInValueOfBankOwnedLifeInsurance
|
224000 | |
CY2024Q1 | us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
678000 | |
CY2023Q1 | us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
253000 | |
CY2024Q1 | alrs |
Gain Loss On Loans Sold
GainLossOnLoansSold
|
1438000 | |
CY2023Q1 | alrs |
Gain Loss On Loans Sold
GainLossOnLoansSold
|
1344000 | |
CY2023Q1 | alrs |
Gain Loss On Sale Of Foreclosed Assets
GainLossOnSaleOfForeclosedAssets
|
-8000 | |
CY2023Q1 | alrs |
Realized Loss Gain On Bank Owned Life Insurance Mortality
RealizedLossGainOnBankOwnedLifeInsuranceMortality
|
1196000 | |
CY2024Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
10818000 | |
CY2023Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
16139000 | |
CY2024Q1 | alrs |
Proceeds From Sale Or Calls Of Held To Maturity Securities
ProceedsFromSaleOrCallsOfHeldToMaturitySecurities
|
251000 | |
CY2023Q1 | alrs |
Proceeds From Sale Or Calls Of Held To Maturity Securities
ProceedsFromSaleOrCallsOfHeldToMaturitySecurities
|
126000 | |
CY2024Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
7043000 | |
CY2023Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
7578000 | |
CY2024Q1 | us-gaap |
Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
|
40223000 | |
CY2023Q1 | us-gaap |
Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
|
42801000 | |
CY2024Q1 | us-gaap |
Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
|
-5075000 | |
CY2023Q1 | us-gaap |
Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
|
225000 | |
CY2023Q1 | alrs |
Proceeds From Bank Owned Life Insurance Claim
ProceedsFromBankOwnedLifeInsuranceClaim
|
2828000 | |
CY2024Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
881000 | |
CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
923000 | |
CY2024Q1 | us-gaap |
Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
|
34000 | |
CY2023Q1 | us-gaap |
Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
|
22000 | |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-22389000 | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-17256000 | |
CY2024Q1 | alrs |
Proceeds From Repayment Of Deposits From Customers
ProceedsFromRepaymentOfDepositsFromCustomers
|
189358000 | |
CY2023Q1 | alrs |
Proceeds From Repayment Of Deposits From Customers
ProceedsFromRepaymentOfDepositsFromCustomers
|
116494000 | |
CY2024Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
240830000 | |
CY2023Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
-5935000 | |
CY2024Q1 | alrs |
Repayments Of Long Term Debt Net
RepaymentsOfLongTermDebtNet
|
1000 | |
CY2024Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
3757000 | |
CY2023Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
3620000 | |
CY2024Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
153000 | |
CY2023Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
361000 | |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
426279000 | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
106578000 | |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
415879000 | |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
86939000 | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
129893000 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
58242000 | |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
545772000 | |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
145181000 | |
CY2024Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
22339000 | |
CY2023Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
15167000 | |
CY2024Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1000 | |
CY2024Q1 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
3763000 | |
CY2023Q1 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
3620000 | |
CY2024Q1 | alrs |
Loan Collateral Transferred To Foreclosed Assets
LoanCollateralTransferredToForeclosedAssets
|
-5000 | |
CY2024Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
108000 | |
CY2023Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
257000 | |
CY2024Q1 | alrs |
Real Estate Owned And Other Assets Liabilities Change In Fair Value Hedge
RealEstateOwnedAndOtherAssetsLiabilitiesChangeInFairValueHedge
|
268000 | |
CY2024Q1 | us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;text-indent:0pt;margin:0pt 0pt 12pt 0pt;"><b style="font-weight:bold;">Alerus Financial Corporation and Subsidiaries</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;text-indent:0pt;margin:0pt 0pt 12pt 0pt;"><b style="font-weight:bold;">Notes to Consolidated Financial Statements (Unaudited)</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 12pt 0pt;">NOTE 1 Basis of Presentation</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">The accompanying unaudited consolidated interim financial statements and notes thereto of the Company have been prepared in accordance with instructions for Form 10-Q and, therefore, do not include all disclosures required by accounting principles generally accepted in the United States of America, or GAAP, for complete presentation of financial statements. In the opinion of management, the consolidated financial statements contain all adjustments (consisting only of normal recurring accruals) necessary to present fairly the consolidated balance sheets of Alerus Financial Corporation, or the Company, as of March 31, 2024 and December 31, 2023, the consolidated statements of income for the three months ended March 31, 2024 and 2023, consolidated statements of comprehensive income (loss) for the three months ended March 31, 2024 and 2023, the consolidated statements of changes in stockholders’ equity for the three months ended March 31, 2024 and 2023, and the consolidated statements of cash flows for the three months ended March 31, 2024 and 2023. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">The accompanying unaudited consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. The Company’s principal operating subsidiary is the Bank. Certain items previously reported have been reclassified to conform to the current period’s reporting format. Such reclassifications did not affect net income or stockholders’ equity. The results of operations for the interim periods are not necessarily indicative of the results for the full year or any other period. The Company has also evaluated all subsequent events for potential recognition and disclosure through the date of the filing of this Quarterly Report on Form 10-Q. These interim unaudited financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto as of and for the year ended December 31, 2023, included in the Company’s Annual Report on Form 10-K filed with the SEC on March 8, 2024.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Emerging Growth Company</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">The Company qualifies as an “emerging growth company” under the Jumpstart Our Business Startups Act of 2012, or the JOBS Act, and may take advantage of certain exemptions from various reporting requirements that are applicable to public companies that are not emerging growth companies, including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act of 2002, or the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and stockholder approval of any golden parachute payments not previously approved. In addition, even if the Company complies with the greater obligations of public companies that are not emerging growth companies, the Company may avail itself of the reduced requirements applicable to emerging growth companies from time to time in the future, so long as the Company is an emerging growth company. The Company will continue to be an emerging growth company until the earliest to occur of: (1) the end of the fiscal year following the fifth anniversary of the date of the first sale of common equity securities under the Company’s Registration Statement on Form S-1, which was declared effective by the U.S. Securities and Exchange Commission, or SEC, on September 12, 2019; (2) the last day of the fiscal year in which the Company has $1.235 billion or more in annual revenues; (3) the date on which the Company is deemed to be a “large accelerated filer” under the Securities Exchange Act of 1934, as amended, or the Exchange Act; or (4) the date on which the Company has, during the previous three-year period, issued publicly or privately, more than $1.0 billion in non-convertible debt securities. Management cannot predict if investors will find the Company’s common stock less attractive because it will rely on the exemptions available to emerging growth companies. If some investors find the Company’s common stock less attractive as a result, there may be a less active trading market for its common stock and the Company’s stock price may be more volatile. The last year the Company qualifies as an emerging growth company is 2024.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;">Section 107 of the JOBS Act provides that an emerging growth company can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act of 1933 for complying with new or revised accounting standards. As an emerging growth company, the Company can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. The Company elected to take advantage of the benefits of this extended transition period.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="font-size:1pt;margin-bottom:12pt;visibility:hidden;"></span></p> | |
CY2024Q1 | us-gaap |
Trading Securities Debt
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4600000 | |
CY2023Q4 | us-gaap |
Trading Securities Debt
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CY2024Q1 | us-gaap |
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CY2024Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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CY2024Q1 | us-gaap |
Debt Securities Available For Sale Excluding Accrued Interest
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CY2024Q1 | us-gaap |
Debt Securities Held To Maturity Excluding Accrued Interest Before Allowance For Credit Loss
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CY2024Q1 | us-gaap |
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CY2024Q1 | us-gaap |
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207000 | |
CY2024Q1 | us-gaap |
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CY2024Q1 | alrs |
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CY2024Q1 | alrs |
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CY2023Q4 | alrs |
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213000 | |
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CY2024Q1 | us-gaap |
Debt Securities Held To Maturity Accrued Interest After Allowance For Credit Loss
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CY2023Q4 | us-gaap |
Debt Securities Held To Maturity Accrued Interest After Allowance For Credit Loss
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CY2024Q1 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
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CY2023Q1 | us-gaap |
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CY2024Q1 | us-gaap |
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CY2024Q1 | us-gaap |
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CY2024Q1 | us-gaap |
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101460000 | |
CY2024Q1 | us-gaap |
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471356000 | |
CY2024Q1 | us-gaap |
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101463000 | |
CY2024Q1 | us-gaap |
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471845000 | |
CY2023Q4 | us-gaap |
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3000 | |
CY2023Q4 | us-gaap |
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532000 | |
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98020000 | |
CY2023Q4 | us-gaap |
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485527000 | |
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CY2023Q4 | us-gaap |
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486059000 | |
CY2024Q1 | us-gaap |
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CY2024Q1 | us-gaap |
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CY2023Q4 | alrs |
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7974000 | |
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47376000 | |
CY2024Q1 | us-gaap |
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43614000 | |
CY2024Q1 | us-gaap |
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473000 | |
CY2024Q1 | us-gaap |
Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value
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470000 | |
CY2024Q1 | alrs |
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CY2024Q1 | us-gaap |
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CY2024Q1 | us-gaap |
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50524000 | |
CY2024Q1 | alrs |
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10736000 | |
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Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
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CY2024Q1 | us-gaap |
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385000 | |
CY2024Q1 | alrs |
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Held To Maturity Securities Debt Maturities Single Maturity Date Fair Value
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111986000 | |
CY2024Q1 | us-gaap |
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60324000 | |
CY2024Q1 | us-gaap |
Available For Sale Securities Debt Maturities Single Maturity Date
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51379000 | |
CY2024Q1 | us-gaap |
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292139000 | |
CY2024Q1 | us-gaap |
Held To Maturity Securities Fair Value
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249807000 | |
CY2024Q1 | us-gaap |
Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
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573733000 | |
CY2024Q1 | us-gaap |
Debt Securities Available For Sale Excluding Accrued Interest
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472272000 | |
CY2024Q1 | us-gaap |
Debt Securities Available For Sale Restricted
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559100000 | |
CY2023Q4 | us-gaap |
Debt Securities Available For Sale Restricted
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250000000.0 | |
CY2024Q1 | us-gaap |
Federal Reserve Bank Stock
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Federal Reserve Bank Stock
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CY2023Q4 | us-gaap |
Federal Home Loan Bank Stock
FederalHomeLoanBankStock
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16566000 | |
CY2024Q1 | us-gaap |
Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
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CY2023Q4 | us-gaap |
Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
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2759583000 | |
CY2024Q1 | alrs |
Deferred Loan Fees And Costs
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46000000 | |
CY2023Q4 | alrs |
Deferred Loan Fees And Costs
DeferredLoanFeesAndCosts
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248000000 | |
CY2024Q1 | us-gaap |
Financing Receivable Accrued Interest After Allowance For Credit Loss
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12300000 | |
CY2023Q4 | us-gaap |
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12200000 | |
CY2023Q4 | us-gaap |
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
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35843000 | |
CY2024Q1 | us-gaap |
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799000 | |
CY2024Q1 | us-gaap |
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205000 | |
CY2024Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Recoveries
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147000 | |
CY2024Q1 | us-gaap |
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
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36584000 | |
CY2024Q1 | us-gaap |
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-793000 | |
CY2024Q1 | us-gaap |
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CY2024Q1 | alrs |
Loans And Leases Receivables Impaired Troubled Debt Interest Income
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651000 | |
CY2023Q1 | alrs |
Loans And Leases Receivables Impaired Troubled Debt Interest Income
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38000 | |
CY2024Q1 | us-gaap |
Financing Receivable Accrued Interest After Allowance For Credit Loss
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12300000 | |
CY2023Q4 | us-gaap |
Financing Receivable Accrued Interest After Allowance For Credit Loss
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12200000 | |
CY2023Q1 | us-gaap |
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269000 | |
CY2023Q1 | us-gaap |
Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
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257000 | |
CY2023Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Recoveries
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87000 | |
CY2023Q1 | us-gaap |
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
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35102000 | |
CY2023Q1 | us-gaap |
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230000 | |
CY2023Q1 | us-gaap |
Debt Securities Held To Maturity Credit Loss Expense Reversal
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51000 | |
CY2024Q1 | us-gaap |
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
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36600000 | |
CY2024Q1 | us-gaap |
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|
700000 | |
CY2024Q1 | alrs |
Percentage Of Increase In Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
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0.021 | |
CY2024Q1 | us-gaap |
Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year
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81993000 | |
CY2024Q1 | us-gaap |
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584389000 | |
CY2024Q1 | us-gaap |
Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
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|
667826000 | |
CY2024Q1 | us-gaap |
Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
|
440307000 | |
CY2024Q1 | us-gaap |
Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
|
332543000 | |
CY2024Q1 | us-gaap |
Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
|
452070000 | |
CY2024Q1 | us-gaap |
Financing Receivable Excluding Accrued Interest Revolving
FinancingReceivableExcludingAccruedInterestRevolving
|
240347000 | |
CY2024Q1 | us-gaap |
Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
|
2799475000 | |
CY2024Q1 | alrs |
Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year Write Off
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteOff
|
3000 | |
CY2024Q1 | alrs |
Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year Write Off
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteOff
|
202000 | |
CY2024Q1 | us-gaap |
Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
|
205000 | |
CY2023Q4 | us-gaap |
Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear
|
596068000 | |
CY2023Q4 | us-gaap |
Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
|
667908000 | |
CY2023Q4 | us-gaap |
Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
|
452797000 | |
CY2023Q4 | us-gaap |
Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
|
341964000 | |
CY2023Q4 | us-gaap |
Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
|
191673000 | |
CY2023Q4 | us-gaap |
Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
|
273542000 | |
CY2023Q4 | us-gaap |
Financing Receivable Excluding Accrued Interest Revolving
FinancingReceivableExcludingAccruedInterestRevolving
|
235631000 | |
CY2023Q4 | us-gaap |
Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
|
2759583000 | |
CY2023 | alrs |
Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year Write Off
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYearWriteOff
|
43000 | |
CY2023 | us-gaap |
Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearWriteoff
|
2000 | |
CY2023 | alrs |
Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year Write Off
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteOff
|
58000 | |
CY2023 | alrs |
Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year Write Off
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteOff
|
42000 | |
CY2023 | alrs |
Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year Write Off
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteOff
|
253000 | |
CY2023 | alrs |
Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year Write Off
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteOff
|
215000 | |
CY2023 | us-gaap |
Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
|
613000 | |
CY2024Q1 | us-gaap |
Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
|
7345000 | |
CY2024Q1 | us-gaap |
Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
|
2799475000 | |
CY2023Q4 | us-gaap |
Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
|
8596000 | |
CY2023Q4 | us-gaap |
Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
|
2759583000 | |
CY2024Q1 | us-gaap |
Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
|
1214000 | |
CY2024Q1 | us-gaap |
Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
|
7345000 | |
CY2023Q4 | us-gaap |
Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
|
991000 | |
CY2023Q4 | us-gaap |
Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
|
8596000 | |
CY2023Q4 | us-gaap |
Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
|
139000 | |
CY2022Q4 | us-gaap |
Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
|
2314000 | |
CY2024Q1 | us-gaap |
Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
|
2083000 | |
CY2024Q1 | alrs |
Financing Receivable Amortized Costs Collateral Dependent Loans
FinancingReceivableAmortizedCostsCollateralDependentLoans
|
6682000 | |
CY2024Q1 | alrs |
Financing Receivable Allowance For Credit Loss Collateral Dependent Loans
FinancingReceivableAllowanceForCreditLossCollateralDependentLoans
|
2649000 | |
CY2023Q4 | alrs |
Financing Receivable Amortized Costs Collateral Dependent Loans
FinancingReceivableAmortizedCostsCollateralDependentLoans
|
7802000 | |
CY2023Q4 | alrs |
Financing Receivable Allowance For Credit Loss Collateral Dependent Loans
FinancingReceivableAllowanceForCreditLossCollateralDependentLoans
|
2994000 | |
CY2024Q1 | us-gaap |
Goodwill
Goodwill
|
46783000 | |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
46783000 | |
CY2024Q1 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
49015000 | |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
33181000 | |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
15834000 | |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
49015000 | |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
31857000 | |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
17158000 | |
CY2023Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1300000 | |
CY2024Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1300000 | |
CY2024Q1 | alrs |
Servicing Asset Other
ServicingAssetOther
|
185700000 | |
CY2023Q4 | alrs |
Servicing Asset Other
ServicingAssetOther
|
190000000.0 | |
CY2023Q4 | us-gaap |
Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
|
2052000 | |
CY2022Q4 | us-gaap |
Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
|
2643000 | |
CY2024Q1 | us-gaap |
Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
|
260000 | |
CY2023Q1 | us-gaap |
Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
|
261000 | |
CY2024Q1 | us-gaap |
Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
|
89000 | |
CY2023Q1 | us-gaap |
Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
|
183000 | |
CY2024Q1 | us-gaap |
Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
|
2223000 | |
CY2023Q1 | us-gaap |
Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
|
2721000 | |
CY2024Q1 | us-gaap |
Servicing Asset At Amortized Value Valuation Allowance
ServicingAssetAtAmortizedValueValuationAllowance
|
-240000 | |
CY2023Q1 | us-gaap |
Servicing Asset At Amortized Value Valuation Allowance
ServicingAssetAtAmortizedValueValuationAllowance
|
-300000 | |
CY2024Q1 | alrs |
Servicing Asset At Amortized Cost Net Of Valuation Allowance
ServicingAssetAtAmortizedCostNetOfValuationAllowance
|
1983000 | |
CY2023Q1 | alrs |
Servicing Asset At Amortized Cost Net Of Valuation Allowance
ServicingAssetAtAmortizedCostNetOfValuationAllowance
|
2421000 | |
CY2023Q4 | us-gaap |
Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
|
2062000 | |
CY2023Q1 | us-gaap |
Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
|
2236000 | |
CY2024Q1 | us-gaap |
Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
|
2083000 | |
CY2023Q4 | us-gaap |
Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
|
2062000 | |
CY2024Q1 | us-gaap |
Assumption For Fair Value Of Assets Or Liabilities That Relate To Transferors Continuing Involvement Weighted Average Life1
AssumptionForFairValueOfAssetsOrLiabilitiesThatRelateToTransferorsContinuingInvolvementWeightedAverageLife1
|
P18Y9M18D | |
CY2023 | us-gaap |
Assumption For Fair Value Of Assets Or Liabilities That Relate To Transferors Continuing Involvement Weighted Average Life1
AssumptionForFairValueOfAssetsOrLiabilitiesThatRelateToTransferorsContinuingInvolvementWeightedAverageLife1
|
P18Y9M18D | |
CY2024Q1 | us-gaap |
Assumption For Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Prepayment Speed
AssumptionForFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesPrepaymentSpeed
|
0.062 | |
CY2023 | us-gaap |
Assumption For Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Prepayment Speed
AssumptionForFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesPrepaymentSpeed
|
0.062 | |
CY2024Q1 | us-gaap |
Assumption For Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Discount Rate
AssumptionForFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesDiscountRate
|
0.111 | |
CY2023 | us-gaap |
Assumption For Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Discount Rate
AssumptionForFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesDiscountRate
|
0.111 | |
CY2024Q1 | alrs |
Number Of Finance Leases
NumberOfFinanceLeases
|
0 | |
CY2024Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
5112000 | |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
5436000 | |
CY2024Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
5420000 | |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
5751000 | |
CY2024Q1 | alrs |
Minimum Number Of Options To Renew Lease
MinimumNumberOfOptionsToRenewLease
|
1 | |
CY2024Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P7Y4M24D | |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P7Y3M18D | |
CY2024Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.038 | |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.039 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
|
0.027 | |
CY2023Q1 | us-gaap |
Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
|
144000 | |
CY2024Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
461000 | |
CY2023Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
581000 | |
CY2024Q1 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
266000 | |
CY2023Q1 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
225000 | |
CY2024Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
36000 | |
CY2023Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
43000 | |
CY2024Q1 | us-gaap |
Sublease Income
SubleaseIncome
|
48000 | |
CY2023Q1 | us-gaap |
Sublease Income
SubleaseIncome
|
60000 | |
CY2024Q1 | us-gaap |
Lease Cost
LeaseCost
|
715000 | |
CY2023Q1 | us-gaap |
Lease Cost
LeaseCost
|
789000 | |
CY2024Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
460000 | |
CY2023Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
479000 | |
CY2024Q1 | alrs |
Right Of Use Asset Obtained Transferred In Exchange For Operating Lease Liability
RightOfUseAssetObtainedTransferredInExchangeForOperatingLeaseLiability
|
108000 | |
CY2023Q1 | alrs |
Right Of Use Asset Obtained Transferred In Exchange For Operating Lease Liability
RightOfUseAssetObtainedTransferredInExchangeForOperatingLeaseLiability
|
257000 | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
|
1641000 | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
|
1267000 | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Three
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree
|
1088000 | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour
|
540000 | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFive
|
335000 | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due After Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterRollingYearFive
|
1832000 | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
6703000 | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
1283000 | |
CY2024Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
5420000 | |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
|
0.014 | |
CY2024Q1 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
413000 | |
CY2024Q1 | us-gaap |
Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
|
692500000 | |
CY2023Q4 | us-gaap |
Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
|
728082000 | |
CY2024Q1 | us-gaap |
Interest Bearing Domestic Deposit Checking
InterestBearingDomesticDepositChecking
|
938751000 | |
CY2023Q4 | us-gaap |
Interest Bearing Domestic Deposit Checking
InterestBearingDomesticDepositChecking
|
840711000 | |
CY2024Q1 | us-gaap |
Deposits Savings Deposits
DepositsSavingsDeposits
|
82727000 | |
CY2023Q4 | us-gaap |
Deposits Savings Deposits
DepositsSavingsDeposits
|
82485000 | |
CY2024Q1 | us-gaap |
Deposits Money Market Deposits
DepositsMoneyMarketDeposits
|
1114262000 | |
CY2023Q4 | us-gaap |
Deposits Money Market Deposits
DepositsMoneyMarketDeposits
|
1032771000 | |
CY2024Q1 | us-gaap |
Time Deposits
TimeDeposits
|
456729000 | |
CY2023Q4 | us-gaap |
Time Deposits
TimeDeposits
|
411562000 | |
CY2024Q1 | alrs |
Interest Bearing Deposit Liabilities Including Time Deposits
InterestBearingDepositLiabilitiesIncludingTimeDeposits
|
2592469000 | |
CY2023Q4 | alrs |
Interest Bearing Deposit Liabilities Including Time Deposits
InterestBearingDepositLiabilitiesIncludingTimeDeposits
|
2367529000 | |
CY2024Q1 | us-gaap |
Deposits
Deposits
|
3284969000 | |
CY2023Q4 | us-gaap |
Deposits
Deposits
|
3095611000 | |
CY2024Q1 | alrs |
Time Deposits250000 Or More
TimeDeposits250000OrMore
|
150800000 | |
CY2023Q4 | alrs |
Time Deposits250000 Or More
TimeDeposits250000OrMore
|
121800000 | |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2024Q1 | us-gaap |
Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
|
229000 | |
CY2024Q1 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
555000000 | |
CY2023Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
314170000 | |
CY2024Q1 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
60310000 | |
CY2024Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
58985000 | |
CY2023Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
60310000 | |
CY2023Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
58956000 | |
CY2024Q1 | us-gaap |
Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
|
928955000 | |
CY2023Q4 | us-gaap |
Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
|
952458000 | |
CY2024Q1 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
1790000 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2023Q1 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
2203000 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.048 | |
CY2023Q1 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
461000 | |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.044 | |
CY2024Q1 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
117000 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
|
0.014 | |
CY2023Q1 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
-214000 | |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
|
-0.020 | |
CY2024Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2091000 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.245 | |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2306000 | |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.220 | |
CY2024Q1 | alrs |
Low Income Housing Tax Credit Gross
LowIncomeHousingTaxCreditGross
|
17906000 | |
CY2024Q1 | alrs |
Low Income Housing Tax Credit Unfunded Commitment
LowIncomeHousingTaxCreditUnfundedCommitment
|
7466000 | |
CY2023Q4 | alrs |
Low Income Housing Tax Credit Gross
LowIncomeHousingTaxCreditGross
|
17906000 | |
CY2023Q4 | alrs |
Low Income Housing Tax Credit Unfunded Commitment
LowIncomeHousingTaxCreditUnfundedCommitment
|
12347000 | |
CY2024Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
3 | |
CY2024Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
3 | |
CY2024Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
22219000 | |
CY2024Q1 | us-gaap |
Noninterest Income
NoninterestIncome
|
25323000 | |
CY2024Q1 | us-gaap |
Noninterest Expense
NoninterestExpense
|
39019000 | |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
8523000 | |
CY2024Q1 | us-gaap |
Assets
Assets
|
4338093000 | |
CY2023Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
23658000 | |
CY2023Q1 | us-gaap |
Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
|
550000 | |
CY2023Q1 | us-gaap |
Noninterest Income
NoninterestIncome
|
25253000 | |
CY2023Q1 | us-gaap |
Noninterest Expense
NoninterestExpense
|
37869000 | |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
10492000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
-864000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-2579000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
4754000 | |
CY2023Q1 | us-gaap |
Assets
Assets
|
3886773000 | |
CY2024Q1 | alrs |
Number Of Banking Offices
NumberOfBankingOffices
|
14 | |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
6432000 | |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
8186000 | |
CY2024Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
40000 | |
CY2023Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
57000 | |
CY2024Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
6392000 | |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
8129000 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
19739000 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
20028000 | |
CY2024Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
247000 | |
CY2023Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
218000 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
19986000 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20246000 | |
CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.32 | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.41 | |
CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.32 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.40 | |
CY2024Q1 | us-gaap |
Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
|
0 | |
CY2023Q4 | us-gaap |
Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
|
550000 | |
CY2024Q1 | us-gaap |
Derivative Liability Fair Value Of Collateral
DerivativeLiabilityFairValueOfCollateral
|
0 | |
CY2023Q4 | us-gaap |
Derivative Liability Fair Value Of Collateral
DerivativeLiabilityFairValueOfCollateral
|
649000 | |
CY2024Q1 | us-gaap |
Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
|
0 | |
CY2023Q4 | us-gaap |
Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
|
550000 | |
CY2024Q1 | alrs |
Derivative Termination Value
DerivativeTerminationValue
|
0 | |
CY2023Q4 | alrs |
Derivative Termination Value
DerivativeTerminationValue
|
649000 | |
CY2024Q1 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
8618000 | |
CY2024Q1 | us-gaap |
Derivative Asset After Offset Subject To Master Netting Arrangement
DerivativeAssetAfterOffsetSubjectToMasterNettingArrangement
|
8618000 | |
CY2024Q1 | us-gaap |
Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
|
7140000 | |
CY2024Q1 | us-gaap |
Derivative Asset Fair Value After Offset And Deduction Subject To Master Netting Arrangement
DerivativeAssetFairValueAfterOffsetAndDeductionSubjectToMasterNettingArrangement
|
1478000 | |
CY2024Q1 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
6318000 | |
CY2024Q1 | us-gaap |
Derivative Liability After Offset Subject To Master Netting Arrangement
DerivativeLiabilityAfterOffsetSubjectToMasterNettingArrangement
|
6318000 | |
CY2024Q1 | us-gaap |
Derivative Liability Fair Value After Offset And Deduction Subject To Master Netting Arrangement
DerivativeLiabilityFairValueAfterOffsetAndDeductionSubjectToMasterNettingArrangement
|
6318000 | |
CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
8327000 | |
CY2023Q4 | us-gaap |
Derivative Asset After Offset Subject To Master Netting Arrangement
DerivativeAssetAfterOffsetSubjectToMasterNettingArrangement
|
8327000 | |
CY2023Q4 | us-gaap |
Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
|
1740000 | |
CY2023Q4 | us-gaap |
Derivative Asset Fair Value After Offset And Deduction Subject To Master Netting Arrangement
DerivativeAssetFairValueAfterOffsetAndDeductionSubjectToMasterNettingArrangement
|
6587000 | |
CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
9180000 | |
CY2023Q4 | us-gaap |
Derivative Liability After Offset Subject To Master Netting Arrangement
DerivativeLiabilityAfterOffsetSubjectToMasterNettingArrangement
|
9180000 | |
CY2023Q4 | us-gaap |
Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
|
550000 | |
CY2023Q4 | us-gaap |
Derivative Liability Fair Value After Offset And Deduction Subject To Master Netting Arrangement
DerivativeLiabilityFairValueAfterOffsetAndDeductionSubjectToMasterNettingArrangement
|
8630000 | |
CY2024Q1 | us-gaap |
Common Equity Tier One Capital
CommonEquityTierOneCapital
|
387012000 | |
CY2024Q1 | us-gaap |
Common Equity Tier One Capital Ratio
CommonEquityTierOneCapitalRatio
|
0.1187 | |
CY2024Q1 | us-gaap |
Common Equity Tier One Capital Required For Capital Adequacy
CommonEquityTierOneCapitalRequiredForCapitalAdequacy
|
146733000 | |
CY2024Q1 | alrs |
Common Equity Tier One Capital Required For Capital Adequacy Ratio
CommonEquityTierOneCapitalRequiredForCapitalAdequacyRatio
|
0.0450 | |
CY2024Q1 | us-gaap |
Tier One Risk Based Capital
TierOneRiskBasedCapital
|
395997000 | |
CY2024Q1 | us-gaap |
Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
|
0.1214 | |
CY2024Q1 | us-gaap |
Tier One Risk Based Capital Required For Capital Adequacy
TierOneRiskBasedCapitalRequiredForCapitalAdequacy
|
195644000 | |
CY2024Q1 | us-gaap |
Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
|
0.0600 | |
CY2024Q1 | us-gaap |
Capital
Capital
|
486789000 | |
CY2024Q1 | us-gaap |
Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
|
0.1493 | |
CY2024Q1 | us-gaap |
Capital Required For Capital Adequacy
CapitalRequiredForCapitalAdequacy
|
260858000 | |
CY2024Q1 | us-gaap |
Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
|
0.0800 | |
CY2024Q1 | us-gaap |
Tier One Leverage Capital
TierOneLeverageCapital
|
395997000 | |
CY2024Q1 | us-gaap |
Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
|
0.0989 | |
CY2024Q1 | us-gaap |
Tier One Leverage Capital Required For Capital Adequacy
TierOneLeverageCapitalRequiredForCapitalAdequacy
|
160216000 | |
CY2024Q1 | us-gaap |
Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
|
0.0400 | |
CY2023Q4 | us-gaap |
Common Equity Tier One Capital
CommonEquityTierOneCapital
|
382578000 | |
CY2023Q4 | us-gaap |
Common Equity Tier One Capital Ratio
CommonEquityTierOneCapitalRatio
|
0.1182 | |
CY2023Q4 | us-gaap |
Common Equity Tier One Capital Required For Capital Adequacy
CommonEquityTierOneCapitalRequiredForCapitalAdequacy
|
145605000 | |
CY2023Q4 | alrs |
Common Equity Tier One Capital Required For Capital Adequacy Ratio
CommonEquityTierOneCapitalRequiredForCapitalAdequacyRatio
|
0.0450 | |
CY2023Q4 | us-gaap |
Tier One Risk Based Capital
TierOneRiskBasedCapital
|
391534000 | |
CY2023Q4 | us-gaap |
Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
|
0.1210 | |
CY2023Q4 | us-gaap |
Tier One Risk Based Capital Required For Capital Adequacy
TierOneRiskBasedCapitalRequiredForCapitalAdequacy
|
194139000 | |
CY2023Q4 | us-gaap |
Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
|
0.0600 | |
CY2023Q4 | us-gaap |
Capital
Capital
|
477590000 | |
CY2023Q4 | us-gaap |
Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
|
0.1476 | |
CY2023Q4 | us-gaap |
Capital Required For Capital Adequacy
CapitalRequiredForCapitalAdequacy
|
258853000 | |
CY2023Q4 | us-gaap |
Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
|
0.0800 | |
CY2023Q4 | us-gaap |
Tier One Leverage Capital
TierOneLeverageCapital
|
391534000 | |
CY2023Q4 | us-gaap |
Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
|
0.1057 | |
CY2023Q4 | us-gaap |
Tier One Leverage Capital Required For Capital Adequacy
TierOneLeverageCapitalRequiredForCapitalAdequacy
|
148111000 | |
CY2023Q4 | us-gaap |
Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
|
0.0400 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
-3443000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
1193000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
3561000 | |
CY2024Q1 | us-gaap |
Oci Debt Securities Available For Sale Transfer To Held To Maturity Adjustment From Aoci For Amortization Of Gain Loss Before Tax
OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossBeforeTax
|
74000 | |
CY2024Q1 | us-gaap |
Oci Debt Securities Available For Sale Transfer To Held To Maturity Adjustment From Aoci For Amortization Of Gain Loss Tax
OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossTax
|
18000 | |
CY2024Q1 | us-gaap |
Oci Debt Securities Available For Sale Transfer To Held To Maturity Adjustment From Aoci For Amortization Of Gain Loss After Tax
OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossAfterTax
|
56000 | |
CY2023Q1 | us-gaap |
Oci Debt Securities Available For Sale Transfer To Held To Maturity Adjustment From Aoci For Amortization Of Gain Loss Before Tax
OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossBeforeTax
|
-87000 | |
CY2023Q1 | us-gaap |
Oci Debt Securities Available For Sale Transfer To Held To Maturity Adjustment From Aoci For Amortization Of Gain Loss Tax
OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossTax
|
-22000 | |
CY2023Q1 | us-gaap |
Oci Debt Securities Available For Sale Transfer To Held To Maturity Adjustment From Aoci For Amortization Of Gain Loss After Tax
OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossAfterTax
|
-65000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
|
-3517000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
|
-882000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-2635000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
|
4841000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
|
1215000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
3626000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
|
946000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
|
576000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
370000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
|
262000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
|
66000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
196000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent
|
684000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
|
510000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
174000 | |
CY2024Q1 | alrs |
Other Comprehensive Income Loss Other Derivatives Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossOtherDerivativesGainLossBeforeReclassificationAndTax
|
2031000 | |
CY2024Q1 | alrs |
Other Comprehensive Income Loss Other Derivatives Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossOtherDerivativesGainLossBeforeReclassificationTax
|
171000 | |
CY2024Q1 | alrs |
Other Comprehensive Income Loss Other Derivatives Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossOtherDerivativesGainLossBeforeReclassificationAfterTax
|
1860000 | |
CY2023Q1 | alrs |
Other Comprehensive Income Loss Other Derivatives Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossOtherDerivativesGainLossBeforeReclassificationAndTax
|
-1725000 | |
CY2023Q1 | alrs |
Other Comprehensive Income Loss Other Derivatives Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossOtherDerivativesGainLossBeforeReclassificationTax
|
-433000 | |
CY2023Q1 | alrs |
Other Comprehensive Income Loss Other Derivatives Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossOtherDerivativesGainLossBeforeReclassificationAfterTax
|
-1292000 | |
CY2024Q1 | alrs |
Other Comprehensive Income Loss Other Derivatives Gain Loss After Reclassification Before Tax Parent
OtherComprehensiveIncomeLossOtherDerivativesGainLossAfterReclassificationBeforeTaxParent
|
2031000 | |
CY2024Q1 | alrs |
Other Comprehensive Income Loss Other Derivatives Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossOtherDerivativesGainLossAfterReclassificationTaxParent
|
171000 | |
CY2024Q1 | alrs |
Other Comprehensive Income Loss Other Derivatives Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossOtherDerivativesGainLossAfterReclassificationAndTaxParent
|
1860000 | |
CY2023Q1 | alrs |
Other Comprehensive Income Loss Other Derivatives Gain Loss After Reclassification Before Tax Parent
OtherComprehensiveIncomeLossOtherDerivativesGainLossAfterReclassificationBeforeTaxParent
|
-1725000 | |
CY2023Q1 | alrs |
Other Comprehensive Income Loss Other Derivatives Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossOtherDerivativesGainLossAfterReclassificationTaxParent
|
-433000 | |
CY2023Q1 | alrs |
Other Comprehensive Income Loss Other Derivatives Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossOtherDerivativesGainLossAfterReclassificationAndTaxParent
|
-1292000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-802000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
-201000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-601000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
3116000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
782000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
2334000 | |
CY2021Q1 | us-gaap |
Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
|
770000 | |
CY2023Q4 | us-gaap |
Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
|
1000000 | |
CY2024Q1 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
0 | |
CY2024Q1 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q1 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |