M3F, Inc.

Position in ALRS — Alerus Financial Corp

CIK 1511291 SALT LAKE CITY, UT

Position in ALRS

as of Jun 30, 2026 · filed Aug 13, 2026 Compact

Position Value

$12,972,058

+$3,082,428 QoQ

Shares Held

417,108

0.0% QoQ

Ownership

1.67%

of shares outstanding

% of Portfolio

5.12%

of 13F equity value

Holder Rank

of 159 holders

Holding Since

Mar 2020

13 quarters on record

Voting authority Sole 100% Shared 0% None 0%

Financial Services · as of Jun 30, 2026

M3F, Inc. holds $126,776,053 across 14 Banks - Regional names. ALRS ranks #3 (10.2% of the industry book) .

#	Ticker	Company	Shares	Value (USD)
1	PDLB	Ponce Financial Group, Inc.	1,698,960	$33,877,262
2	PBFS	Pioneer Bancorp, Inc./MD	1,821,973	$31,101,079
3	ALRS	Alerus Financial Corp This page	417,108	$12,972,058
4	RBKB	Rhinebeck Bancorp, Inc.	771,250	$9,556,406
5	PKBK	Parke Bancorp, Inc.	282,593	$9,370,783
6	CBFV	CB Financial Services, Inc.	171,696	$6,507,278
7	BYFC	Broadway Financial Corp De	547,529	$5,289,130
8	MGYR	Magyar Bancorp, Inc.	286,394	$4,997,575

13 filing rows on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-06-30	$12,972,058	417,108	0.0%	Shares	Sole	2026-08-13
2026-03-31	$9,889,630	417,108	+1.4%	Shares	Sole	2026-04-28
2025-12-31	$9,259,390	411,163	+56.7%	Shares	Sole	2026-02-13
2025-09-30	$5,809,602	262,403	+21.1%	Shares	Sole	2025-11-12
2025-06-30	$4,689,561	216,708	+15.6%	Shares	Sole	2025-08-13
2025-03-31	$3,460,271	187,447	+4.4%	Shares	Sole	2025-05-14
2024-12-31	$3,454,792	179,563	+976.5%	Shares	Sole	2025-02-13
2021-06-30	$483,915	16,681	-80.8%	Shares	Sole	2021-08-13
2021-03-31	$2,582,849	86,731	-40.9%	Shares	Sole	2021-05-14
2020-12-31	$4,014,795	146,686	-33.0%	Shares	Sole	2021-02-12
2020-09-30	$4,291,890	218,974	-21.3%	Shares	Sole	2020-11-12
2020-06-30	$5,500,828	278,382	-42.6%	Shares	Sole	2020-08-11
2020-03-31	$8,008,483	484,775	—	Shares	Sole	2020-05-14
No filing history on record for this holder in this stock.