Alerus Financial Corp (NAS:ALRS)
$ 19.73 -0.96 (-4.64%) Market Cap: 390.19 Mil Enterprise Value: 463.83 Mil PE Ratio: 41.10 PB Ratio: 1.05 GF Score: 57/100

Q3 2021 Alerus Financial Corp Earnings Call Transcript

Oct 28, 2021 / 02:00PM GMT
Release Date Price: $32.54 (+4.13%)
Operator

Good morning, 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 Chairman, President and CEO, Randy Newman. Please go ahead.

Randy Louis Newman
Alerus Financial Corporation - Chairman, President & CEO

Thank you. Good morning, and welcome to everyone who is joining our call today.

Today, I am joined by Karin Taylor, our Chief Risk Officer; and Katie Lorenson, our current CFO and as we recently announced, our future President and CEO. In addition to announcing the transition of leadership to Katie in 2022, we also

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