Q3 2022 Alerus Financial Corp Earnings Call Transcript

Feb 06, 2024

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Oct 27, 2022 / 04:00PM GMT
Operator

Hello, everyone, and welcome to the Alerus Financial Corporation Earnings Conference Call. (Operator Instructions) Please note, this event is being recorded. This call may include forward-looking statements, and the company's actual results may differ materially from those indicated in any forward-looking statements. Important factors that could cause actual results to differ materially from those indicated in the forward-looking statements are listed in the earnings release and the company's SEC filings. I would now like to turn the conference over to Alerus Financial Corporation President and CEO, Katie Lorenson. Please go ahead.

Katie A. Lorenson - Alerus Financial Corporation - President, CEO & Director

Thank you. Good morning, everyone, and thank you for dialing into our call today. Joining me today is Jim Collins, our Chief Banking and Revenue Officer; and Al Villalon our CFO. We ended the third quarter with net income of $9.6 million or $0.47 of earnings per share. Included in the quarter were $1.8 million of merger-related expenses as we closed and

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