ANCHORAGE, Alaska, April 2, 2025 — In a release issued under the same headline on February 19, 2025, by First National Bank Alaska (OTCQX:FBAK), please note that in the third paragraph, the value of nonperforming loans as of Dec. 31, 2023 should be $4.6 million, rather than $4.7 million as originally issued. In turn, this resulted in changes to…
The Fairbanks company thrives on fueling success through service, community support, and strong banking ties. Read the full story in the latest edition of Making It in the Anchorage Daily News.
Alaska businesses are experiencing increased fraud involving fake invoices from legitimate vendors whose email systems have been compromised. How the scheme works: How to reduce your fraud risk:
First National is taking action now to prepare for a potential eruption of Mount Spurr, 80 miles west of Anchorage. What to expect from First National if Mount Spurr erupts What First National is doing to prepare Helpful links and tips
Fourth quarter contributions of $488,791 pushed the total given to Alaska communities by First National Bank Alaska and its employees to nearly $1 million in 2024. Total contributions include charitable gifts, activity sponsorships and in-kind donations of time and talent during the past year. “First National has a strong commitment to our great state,” said…
ANCHORAGE, AK – First National Bank Alaska’s (OTCQX:FBAK) net income for the fourth quarter of 2024 was $19.9 million, or $6.29 per share. This compares to a net income of $16.6 million, or $5.24 per share, for the same period in 2023. “Fourth quarter results concluded another year of strong financial performance in 2024,” said…