ALRS Financials 07/15/2014 19:13:11 Alerus Financ

ALRS Financials 07/15/2014 19:13:11
Alerus Financial Corp.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 129,779 131,967 104,165 99,084
Cost of Revenue 3,101 3,874 6,070 9,464
Gross Profit - - - -
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 92,913 98,229 76,739 72,648
Non-Recurring Items - - - -
Other 1,200 833 4,418 6,820
Operating Income - - - -
Income From Continuing Operations
Add'l Income/Expense Items - - - -
Earnings Before Interest and Tax 32,565 29,031 16,938 10,152
Interest Expense 612 711 752 1,321
Earnings Before Tax 31,954 28,319 16,186 8,831
Income Tax 11,683 10,450 5,477 2,958
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 20,270 17,869 10,709 5,873
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 20,270 17,869 10,709 5,873
Preferred Stock and Other Adjustments (200) (339) (74) -
Net Income Applicable to Common Shareholders 20,070 17,530 10,636 5,873