ALERUS FINANCIAL CORP Annual Income Tax Expense (Benefit) in USD from 2017 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Alerus Financial Corp quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2017 to 2023.
  • Alerus Financial Corp Income Tax Expense (Benefit) for the quarter ending September 30, 2024 was $1.59M, a 33.2% decline year-over-year.
  • Alerus Financial Corp Income Tax Expense (Benefit) for the twelve months ending September 30, 2024 was $2.54M, a 76.6% decline year-over-year.
  • Alerus Financial Corp annual Income Tax Expense (Benefit) for 2023 was $4.16M, a 65.9% decline from 2022.
  • Alerus Financial Corp annual Income Tax Expense (Benefit) for 2022 was $12.2M, a 25.7% decline from 2021.
  • Alerus Financial Corp annual Income Tax Expense (Benefit) for 2021 was $16.4M, a 18.4% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $4.16M -$8.02M -65.9% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-08
2022 $12.2M -$4.22M -25.7% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-08
2021 $16.4M +$2.55M +18.4% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-08
2020 $13.8M +$4.49M +48% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-13
2019 $9.36M +$2.18M +30.5% Jan 1, 2019 Dec 31, 2019 10-K 2022-03-11
2018 $7.17M -$10.3M -59.1% Jan 1, 2018 Dec 31, 2018 10-K 2021-03-12
2017 $17.5M 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.