Alerus Financial Corp (NAS:ALRS)
$ 20.1425 -0.5475 (-2.65%) Market Cap: 398.35 Mil Enterprise Value: 471.99 Mil PE Ratio: 41.96 PB Ratio: 1.07 GF Score: 57/100
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Q2 2022 Alerus Financial Corp Earnings Call Transcript

Jul 28, 2022 / 04:00PM GMT
Release Date Price: $23.58 (+7.18%)
Operator

Good afternoon, 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 these indicated in any forward-looking statements. Important factors that could cause actual results to differ from those indicated in the forward-looking statements are listed in the earnings release and 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 in Minneapolis is Karin Taylor, our Chief Risk Officer; and Al Villalon, our CFO. I am proud to announce that during the quarter, we added Jim Collins, a seasoned bank leader in the Twin Cities to our executive team as our Chief Banking and Revenue

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