ALERUS FINANCIAL CORP Quarterly Interest Expense in USD from Q1 2018 to Q2 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Alerus Financial Corp quarterly/annual Interest Expense history and growth rate from Q1 2018 to Q2 2024.
  • Alerus Financial Corp Interest Expense for the quarter ending June 30, 2024 was $29M, a 60.3% increase year-over-year.
  • Alerus Financial Corp Interest Expense for the twelve months ending June 30, 2024 was $101M, a 123% increase year-over-year.
  • Alerus Financial Corp annual Interest Expense for 2023 was $77M, a 386% increase from 2022.
  • Alerus Financial Corp annual Interest Expense for 2022 was $15.8M, a 185% increase from 2021.
  • Alerus Financial Corp annual Interest Expense for 2021 was $5.56M, a 54.7% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q2 2024 $101M $29M +$10.9M +60.3% Apr 1, 2024 Jun 30, 2024 10-Q 2024-08-08
Q1 2024 $89.7M $26.8M +$12.7M +89.5% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-02
Q4 2023 $77M $23.1M +$14.3M +162% Oct 1, 2023 Dec 31, 2023 10-K 2024-03-08
Q3 2023 $62.7M $21.6M +$17.7M +447% Jul 1, 2023 Sep 30, 2023 10-Q 2023-11-02
Q2 2023 $45.1M $18.1M +$16.5M +997% Apr 1, 2023 Jun 30, 2023 10-Q 2024-08-08
Q1 2023 $28.6M $14.2M +$12.8M +917% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-02
Q4 2022 $15.8M $8.85M +$7.43M +525% Oct 1, 2022 Dec 31, 2022 10-K 2024-03-08
Q3 2022 $8.42M $3.96M +$2.54M +180% Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-02
Q2 2022 $5.87M $1.65M +$206K +14.3% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-03
Q1 2022 $5.67M $1.39M +$108K +8.42% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-08
Q4 2021 $5.56M $1.42M -$632K -30.9% Oct 1, 2021 Dec 31, 2021 10-K 2024-03-08
Q3 2021 $6.19M $1.42M -$1.11M -43.9% Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-03
Q2 2021 $7.3M $1.44M -$1.97M -57.7% Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-04
Q1 2021 $9.27M $1.28M -$2.99M -69.9% Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-06
Q4 2020 $12.3M $2.05M -$2.38M -53.7% Oct 1, 2020 Dec 31, 2020 10-K 2021-03-12
Q3 2020 $14.6M $2.52M -$2.42M -48.9% Jul 1, 2020 Sep 30, 2020 10-Q 2021-11-04
Q2 2020 $17.1M $3.42M -$1.77M -34.2% Apr 1, 2020 Jun 30, 2020 10-Q 2021-08-05
Q1 2020 $18.8M $4.27M +$79K +1.89% Jan 1, 2020 Mar 31, 2020 10-Q 2021-05-06
Q4 2019 $18.7M $4.43M +$450K +11.3% Oct 1, 2019 Dec 31, 2019 10-K 2021-03-12
Q3 2019 $18.3M $4.94M +$1.68M +51.3% Jul 1, 2019 Sep 30, 2019 10-K 2021-03-12
Q2 2019 $16.6M $5.19M +$2.27M +77.9% Apr 1, 2019 Jun 30, 2019 10-K 2021-03-12
Q1 2019 $14.4M $4.19M +$1.87M +80.9% Jan 1, 2019 Mar 31, 2019 10-K 2021-03-12
Q4 2018 $12.5M $3.98M Oct 1, 2018 Dec 31, 2018 10-K 2020-03-26
Q3 2018 $3.27M Jul 1, 2018 Sep 30, 2018 10-K 2020-03-26
Q2 2018 $2.92M Apr 1, 2018 Jun 30, 2018 10-K 2020-03-26
Q1 2018 $2.32M Jan 1, 2018 Mar 31, 2018 10-K 2020-03-26
* An asterisk sign (*) next to the value indicates that the value is likely invalid.