ALERUS FINL CORP

Ticker: ALRS CUSIP: 01446U103 Class: Common Stock

ENDEAVOUR CAPITAL ADVISORS INC's Holding History (CIK: 0001218749)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 516,532 Value ($000) $11,632 Avg Close $21.62 Range $20.12 - $23.60

Q3 2025

Shares 513,935 Value ($000) $11,379 Avg Close $21.76 Range $19.88 - $23.88

Q2 2025

Shares 513,935 Value ($000) $11,122 Avg Close $19.46 Range $15.34 - $21.90

Q1 2025

Shares 527,283 Value ($000) $9,734 Avg Close $19.14 Range $17.30 - $21.15

Q4 2024

Shares 527,283 Value ($000) $10,145 Avg Close $20.92 Range $17.68 - $23.23

Q3 2024

Shares 297,351 Value ($000) $6,803 Avg Close $20.17 Range $17.43 - $21.79

Q2 2024

Shares 288,876 Value ($000) $5,665 Avg Close $18.42 Range $16.87 - $20.39

Q1 2024

Shares 215,534 Value ($000) $4,705 Avg Close $20.31 Range $18.73 - $23.90

Q4 2023

Shares 215,534 Value ($000) $4,826 Avg Close $17.33 Range $15.40 - $21.17

Q3 2023

Shares 196,573 Value ($000) $3,574 Avg Close $17.09 Range $15.52 - $18.53

Q2 2023

Shares 196,573 Value ($000) $3,534 Avg Close $14.58 Range $11.77 - $17.64

Q1 2023

Shares 192,897 Value ($000) $3,096 Avg Close $17.63 Range $13.75 - $21.12

Q4 2022

Shares 180,956 Value ($000) $4,225 Avg Close $20.02 Range $18.60 - $21.30

Q3 2022

Shares 180,956 Value ($000) $3,999 Avg Close $20.65 Range $17.66 - $22.47

Q2 2022

Shares 138,541 Value ($000) $3,299 Avg Close $22.03 Range $19.59 - $24.05

Q1 2022

Shares 263,621 Value ($000) $7,286 Avg Close $24.94 Range $23.39 - $26.31

Q4 2021

Shares 265,468 Value ($000) $7,773 Avg Close $26.94 Range $23.38 - $32.88

Q3 2021

Shares 257,875 Value ($000) $7,705 Avg Close $24.55 Range $22.14 - $27.20

Q2 2021

Shares 263,265 Value ($000) $7,637 Avg Close $26.56 Range $23.39 - $28.77

Q1 2021

Shares 296,734 Value ($000) $8,837 Avg Close $24.66 Range $20.33 - $29.46

Q4 2020

Shares 367,111 Value ($000) $10,048 Avg Close $20.24 Range $16.19 - $24.46

Q3 2020

Shares 440,438 Value ($000) $8,633 Avg Close $16.93 Range $15.03 - $19.44

Q2 2020

Shares 444,938 Value ($000) $8,792 Avg Close $14.95 Range $12.55 - $18.00

Q1 2020

Shares 489,096 Value ($000) $8,080 Avg Close $16.44 Range $12.36 - $18.89

Q4 2019

Shares 102,011 Value ($000) $2,331 Avg Close $17.93 Range $17.26 - $19.24

Q3 2019

Shares 100,000 Value ($000) $2,180 Avg Close $16.34 Range $15.24 - $19.46

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	516,532	$11,632	$21.62	$20.12 - $23.60
Q3 2025	513,935	$11,379	$21.76	$19.88 - $23.88
Q2 2025	513,935	$11,122	$19.46	$15.34 - $21.90
Q1 2025	527,283	$9,734	$19.14	$17.30 - $21.15
Q4 2024	527,283	$10,145	$20.92	$17.68 - $23.23
Q3 2024	297,351	$6,803	$20.17	$17.43 - $21.79
Q2 2024	288,876	$5,665	$18.42	$16.87 - $20.39
Q1 2024	215,534	$4,705	$20.31	$18.73 - $23.90
Q4 2023	215,534	$4,826	$17.33	$15.40 - $21.17
Q3 2023	196,573	$3,574	$17.09	$15.52 - $18.53
Q2 2023	196,573	$3,534	$14.58	$11.77 - $17.64
Q1 2023	192,897	$3,096	$17.63	$13.75 - $21.12
Q4 2022	180,956	$4,225	$20.02	$18.60 - $21.30
Q3 2022	180,956	$3,999	$20.65	$17.66 - $22.47
Q2 2022	138,541	$3,299	$22.03	$19.59 - $24.05
Q1 2022	263,621	$7,286	$24.94	$23.39 - $26.31
Q4 2021	265,468	$7,773	$26.94	$23.38 - $32.88
Q3 2021	257,875	$7,705	$24.55	$22.14 - $27.20
Q2 2021	263,265	$7,637	$26.56	$23.39 - $28.77
Q1 2021	296,734	$8,837	$24.66	$20.33 - $29.46
Q4 2020	367,111	$10,048	$20.24	$16.19 - $24.46
Q3 2020	440,438	$8,633	$16.93	$15.03 - $19.44
Q2 2020	444,938	$8,792	$14.95	$12.55 - $18.00
Q1 2020	489,096	$8,080	$16.44	$12.36 - $18.89
Q4 2019	102,011	$2,331	$17.93	$17.26 - $19.24
Q3 2019	100,000	$2,180	$16.34	$15.24 - $19.46