Interest Expense in USD of ALERUS FINANCIAL CORP from 2017 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 change rate from 2017 to Q2 2024.
  • ALERUS FINANCIAL CORP Interest Expense for the quarter ending 30 Jun 2024 was $29M, a 60.3% increase year-over-year.
  • ALERUS FINANCIAL CORP Interest Expense for the twelve months ending 30 Jun 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 Change (%)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Change (%)

ALERUS FINANCIAL CORP Quarterly Interest Expense (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q2 2024 $101M $29M +$10.9M +60.3% 01 Apr 2024 30 Jun 2024 10-Q 08 Aug 2024
Q1 2024 $89.7M $26.8M +$12.7M +89.5% 01 Jan 2024 31 Mar 2024 10-Q 02 May 2024
Q4 2023 $77M $23.1M +$14.3M +162% 01 Oct 2023 31 Dec 2023 10-K 08 Mar 2024
Q3 2023 $62.7M $21.6M +$17.7M +447% 01 Jul 2023 30 Sep 2023 10-Q 02 Nov 2023
Q2 2023 $45.1M $18.1M +$16.5M +997% 01 Apr 2023 30 Jun 2023 10-Q 08 Aug 2024
Q1 2023 $28.6M $14.2M +$12.8M +917% 01 Jan 2023 31 Mar 2023 10-Q 02 May 2024
Q4 2022 $15.8M $8.85M +$7.43M +525% 01 Oct 2022 31 Dec 2022 10-K 08 Mar 2024
Q3 2022 $8.42M $3.96M +$2.54M +180% 01 Jul 2022 30 Sep 2022 10-Q 02 Nov 2023
Q2 2022 $5.87M $1.65M +$206K +14.3% 01 Apr 2022 30 Jun 2022 10-Q 03 Aug 2023
Q1 2022 $5.67M $1.39M +$108K +8.42% 01 Jan 2022 31 Mar 2022 10-Q 08 May 2023
Q4 2021 $5.56M $1.42M -$632K -30.9% 01 Oct 2021 31 Dec 2021 10-K 08 Mar 2024
Q3 2021 $6.19M $1.42M -$1.11M -43.9% 01 Jul 2021 30 Sep 2021 10-Q 03 Nov 2022
Q2 2021 $7.3M $1.44M -$1.97M -57.7% 01 Apr 2021 30 Jun 2021 10-Q 04 Aug 2022
Q1 2021 $9.27M $1.28M -$2.99M -69.9% 01 Jan 2021 31 Mar 2021 10-Q 06 May 2022
Q4 2020 $12.3M $2.05M -$2.38M -53.7% 01 Oct 2020 31 Dec 2020 10-K 12 Mar 2021
Q3 2020 $14.6M $2.52M -$2.42M -48.9% 01 Jul 2020 30 Sep 2020 10-Q 04 Nov 2021
Q2 2020 $17.1M $3.42M -$1.77M -34.2% 01 Apr 2020 30 Jun 2020 10-Q 05 Aug 2021
Q1 2020 $18.8M $4.27M +$79K +1.89% 01 Jan 2020 31 Mar 2020 10-Q 06 May 2021
Q4 2019 $18.7M $4.43M +$450K +11.3% 01 Oct 2019 31 Dec 2019 10-K 12 Mar 2021
Q3 2019 $18.3M $4.94M +$1.68M +51.3% 01 Jul 2019 30 Sep 2019 10-K 12 Mar 2021
Q2 2019 $16.6M $5.19M +$2.27M +77.9% 01 Apr 2019 30 Jun 2019 10-K 12 Mar 2021
Q1 2019 $14.4M $4.19M +$1.87M +80.9% 01 Jan 2019 31 Mar 2019 10-K 12 Mar 2021
Q4 2018 $12.5M $3.98M 01 Oct 2018 31 Dec 2018 10-K 26 Mar 2020
Q3 2018 $3.27M 01 Jul 2018 30 Sep 2018 10-K 26 Mar 2020
Q2 2018 $2.92M 01 Apr 2018 30 Jun 2018 10-K 26 Mar 2020
Q1 2018 $2.32M 01 Jan 2018 31 Mar 2018 10-K 26 Mar 2020

ALERUS FINANCIAL CORP Annual Interest Expense (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $77M +$61.2M +386% 01 Jan 2023 31 Dec 2023 10-K 08 Mar 2024
2022 $15.8M +$10.3M +185% 01 Jan 2022 31 Dec 2022 10-K 08 Mar 2024
2021 $5.56M -$6.7M -54.7% 01 Jan 2021 31 Dec 2021 10-K 08 Mar 2024
2020 $12.3M -$6.49M -34.6% 01 Jan 2020 31 Dec 2020 10-K 13 Mar 2023
2019 $18.7M +$6.27M +50.3% 01 Jan 2019 31 Dec 2019 10-K 11 Mar 2022
2018 $12.5M +$4.51M +56.6% 01 Jan 2018 31 Dec 2018 10-K 12 Mar 2021
2017 $7.97M 01 Jan 2017 31 Dec 2017 10-K 26 Mar 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.