Alerus Financial Corporation announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net interest income was USD 18.459 million compared to USD 19.253 million a year ago. Net income was USD 7.652 million compared to USD 6.033 million a year ago. Basic earnings per share was USD 0.44 compared to USD 0.44 a year ago. Diluted earnings per share was USD 0.43 compared to USD 0.43 a year ago. For the full year, net interest income was USD 74.551 million compared to USD 75.224 million a year ago. Net income was USD 29.540 million compared to USD 25.866 million a year ago. Basic earnings per share was USD 1.96 compared to USD 1.88 a year ago. Diluted earnings per share was USD 1.91 compared to USD 1.84 a year ago.