Alerus Financial's (ALRS) CEO Randy Newman on Q4 2020 Results - Earnings Call Transcript

Alerus Financial Corporation (NASDAQ:ALRS) Q4 2020 Earnings Conference Call January 28, 2020 10:00 AM ET

Company Participants

Randy Newman - Chairman, President, and CEO
Katie Lorenson - EVP and CFO
Karin Taylor - EVP and CRO

Conference Call Participants

Jeff Rulis - D.A. Davidson
Nathan Rice - Piper Sandler
William Wallace - Raymond James

Operator

Good morning and welcome to the Alerus Financial Corporation Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. Please note 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, Randy Newman. Please go ahead.

Randy Newman

Thank you, Grant and good morning, everyone. This is our sixth earnings call since our IPO in September 2019. This morning, we intend to discuss our fourth quarter 2020 and year-end financial results and also to give a current impact of the COVID-19 pandemic.

Today, I'm joined by our Chief Financial Officer, Katie Lorenson; and our Chief Risk Officer, Karin Taylor; and our Chief Revenue Officer, Ryan Goldberg. As always, we appreciate your interest in our company and invite your questions at the end of our introductory remark.

Let me first begin by recognizing and thanking all of our almost 850 employees at Alerus are significant achievements in 2020 were a result of their dedicated efforts and reflect their pride and passion that they have in Alerus.

Alerus is a purpose driven organization