Item 8.01.Other Events.

On January 19, 2022, Alerus Financial Corporation announced that its Board of Directors declared a cash dividend of $0.16 per share of its common stock. The dividend is payable on April 8, 2022, to stockholders of record on March 18, 2022. A copy of the press release announcing the dividend is attached as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.

Item 9.01.Financial Statements and Exhibits.



(d) Exhibits


Exhibit No.                               Description

99.1             Press Release of Alerus Financial Corporation, dated January 19,
104            2022
               Cover Page Interactive Data File (embedded within the Inline XBLR
               document)

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