Alerus Financial Corp (NAS:ALRS)
$ 19.7 -0.08 (-0.4%) Market Cap: 499.16 Mil Enterprise Value: 701.87 Mil PE Ratio: 131.33 PB Ratio: 1.01 GF Score: 70/100

Q1 2021 Alerus Financial Corp Earnings Call Transcript

Apr 29, 2021 / 02:00PM GMT
Release Date Price: $29.23 (-0.03%)
Operator

Good morning, and welcome to the Alerus Financial Corporation Earnings Conference Call. (Operator Instructions) Please note that 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, Mr. Randy Newman. Please go ahead.

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

Thank you, Cameron, and good morning, everyone. This morning, we intend to discuss our first quarter 2021 and also to give a current update on the impact of the COVID-19 pandemic. Today, I'm joined by our Chief Financial Officer, Katie Lorenson; our Chief Risk Officer, Karin Taylor; and our Chief Shared Services Officer,

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