Form D · Commercial Banking

ALERUS FINANCIAL CORP

Grand Forks, ND · CIK 0000903419

Offering snapshot reported Dec 28, 2015 · SEC filing

Reported sold: $50M
Investors reported: 17
Minimum accepted: $0
First sale: Dec 17, 2015

Fundraising history

Reported sold

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Dec 28, 2015	Initial	$50,000,000	No comparison	17	SEC filing
Dec 28, 2015	Amendment	$50,000,000	$0vs Dec 28, 2015	17	SEC filing

Offering details

Securities: Debt
Exemptions: 06b
Duration over one year: No
Business combination: No

Sales commissions: $625K
Finders' fees: $0
Form D file number: 021-253965

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
Sandler, O'Neill & Partners, L.P.	23328
Raymond James & Associates, Inc.	705

Source: Form D, filed Dec 28, 2015. Minimum accepted may differ from a standard advertised minimum.

Fund connections

No confirmed ADV fund connection is available for this issuer.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
Karen M. Bohn	Director
Lloyd G. Case	Director
Dan J. Cheever	Executive
Kris E. Compton	Executive
Harold A. Gershman	Director
A. Bart Holaday	Director
James J. Karley	Director
Jay L. Kim	Executive
Kevin D. Lemke	Director
Randy L. Newman	Director, Executive
Sally J. Smith	Director
Galen G. Vetter	Director

Issuer details

Industry: Commercial Banking (See others in industry)

Address:

401 Demers Ave
Grand Forks, ND, 58201