ALERUS FINL CORP

Ticker: ALRS CUSIP: 01446U103 Class: Common Stock

Phocas Financial Corp.'s Holding History (CIK: 0001356783)

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

Q4 2025

Shares 334,357 Value ($000) $7,530 Avg Close $21.62 Range $20.12 - $23.60

Q3 2025

Shares 165,370 Value ($000) $3,661 Avg Close $21.76 Range $19.88 - $23.88

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	334,357	$7,530	$21.62	$20.12 - $23.60
Q3 2025	165,370	$3,661	$21.76	$19.88 - $23.88