ALERUS FINANCIAL CORP Annual Interest Expense in USD from 2017 to 2023

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 2017 to 2023.
  • 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, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $77M +$61.2M +386% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-08
2022 $15.8M +$10.3M +185% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-08
2021 $5.56M -$6.7M -54.7% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-08
2020 $12.3M -$6.49M -34.6% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-13
2019 $18.7M +$6.27M +50.3% Jan 1, 2019 Dec 31, 2019 10-K 2022-03-11
2018 $12.5M +$4.51M +56.6% Jan 1, 2018 Dec 31, 2018 10-K 2021-03-12
2017 $7.97M 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.