ALERUS FINANCIAL CORP Annual Amortization of Intangible Assets in USD from 2017 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Alerus Financial Corp quarterly/annual Amortization of Intangible Assets history and growth rate from 2017 to 2023.
  • Alerus Financial Corp Amortization of Intangible Assets for the quarter ending September 30, 2024 was $1.32M, unchanged year-over-year.
  • Alerus Financial Corp Amortization of Intangible Assets for the twelve months ending September 30, 2024 was $5.3M, unchanged year-over-year.
  • Alerus Financial Corp annual Amortization of Intangible Assets for 2023 was $5.3M, a 11.4% increase from 2022.
  • Alerus Financial Corp annual Amortization of Intangible Assets for 2022 was $4.75M, a 8.54% increase from 2021.
  • Alerus Financial Corp annual Amortization of Intangible Assets for 2021 was $4.38M, a 10.6% increase from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $5.3M +$542K +11.4% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-08
2022 $4.75M +$374K +8.54% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-08
2021 $4.38M +$419K +10.6% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-08
2020 $3.96M -$120K -2.94% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-13
2019 $4.08M -$557K -12% Jan 1, 2019 Dec 31, 2019 10-K 2022-03-11
2018 $4.64M -$985K -17.5% Jan 1, 2018 Dec 31, 2018 10-K 2021-03-12
2017 $5.62M Jan 1, 2017 Dec 31, 2017 10-K 2020-03-26
* An asterisk sign (*) next to the value indicates that the value is likely invalid.