Katie A. Lorenson
Net Worth

Last updated:

What is Katie A. Lorenson net worth?

The estimated net worth of Ms. Katie A. Lorenson is at least $4,191,321 as of 1 Nov 2024. She owns shares worth $956,901 as insider and has received compensation worth at least $3,234,420 in Alerus Financial Corporation.

What is the salary of Katie A. Lorenson?

Ms. Katie A. Lorenson salary is $539,070 per year as Pres, Chief Executive Officer & Director in Alerus Financial Corporation.

How old is Katie A. Lorenson?

Ms. Katie A. Lorenson is 44 years old, born in 1981.

What stocks does Katie A. Lorenson currently own?

As insider, Ms. Katie A. Lorenson owns shares in one company:

Company Title Shares Price per share Total value
Alerus Financial Corporation (ALRS) Pres, Chief Executive Officer & Director 44,507 $21.5 $956,901

What does Alerus Financial Corporation do?

Alerus Financial Corporation, through its subsidiary, Alerus Financial, National Association, provides various financial services to businesses and consumers. The company operates in four segments: Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. It offers various deposit products, including demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, checking accounts, and certificates of deposit; and treasury management products, including electronic receivables management, remote deposit capture, cash vault services, merchant services, and other cash management services. The company also provides commercial loans, business term loans, lines of credit, and commercial real estate loans, as well as construction and land development loans; consumer lending products, including residential first mortgage loans; installment loans and lines of credit; and second mortgage loans. In addition, it offers retirement plan administration and investment advisory services, employee stock ownership plan, fiduciary services, payroll, health savings accounts, and other benefit services, as well as individual retirement accounts; and financial planning, investment management, personal and corporate trust, estate administration, and custody services. Further, the company provides debit and credit cards, online banking, mobile banking/wallet, payment, private banking, payroll accounts, flex spending accounts, administration, and government health insurance program services. It offers banking services through fourteen offices in North Dakota, Minnesota, and Arizona; and retirement and benefit plans in 50 states through offices located in Michigan, Minnesota, and Colorado. The company was formerly known as First National Bank North Dakota and changed its name to Alerus Financial Corporation in 2000. Alerus Financial Corporation was founded in 1879 and is headquartered in Grand Forks, North Dakota.

ALRS logo
ALRS
Alerus Financial Corporation
$21.5

Katie A. Lorenson insider trading

Alerus Financial Corporation

Transaction Date Security Shares Price per share Total value Source
Purchase
Common Stock 1,000 $20.3 $20,300
Option
Common stock 3,234 N/A N/A
Option
Restricted Stock Units 3,234 N/A N/A
Option
Restricted Stock Units 1,437 N/A N/A
Option
Common stock 1,437 N/A N/A
Purchase
Common Stock 1,438 $13.9 $19,988
Purchase
Common Stock 905 $16.56 $14,987
Purchase
Common Stock 789 $18.94 $14,941
Purchase
Common Stock 1,000 $22.98 $22,980
Purchase
Common Stock 994 $25.1 $24,949
Purchase
Common Stock 5,500 $21 $115,500

Alerus Financial key executives

Alerus Financial Corporation executives and other stock owners filed with the SEC:

  • Mr. Randy Louis Newman CFP (71) Executive Chairman
  • Ms. Ann Melvey McConn C.F.A., J.D., M.B.A., CFP (65) Executive Vice President & Chief Shared Services Officer
  • Ms. Katie A. Lorenson (44) Pres, Chief Executive Officer & Director