Nicolas Petrosky-Nadeau, vice president at the Federal Reserve Bank of San Francisco, shared views on the current economy and the outlook from the Economic Research Department as of January 15, 2026. Monthly job growth, a measure of labor demand, slowed to a near halt in 2025, but the unemployment rate increased only modestly. This apparent…
ANCHORAGE, AK – First National Bank Alaska’s (OTCQX:FBAK) net income for the fourth quarter of 2025 was $20.1 million, or $6.33 per share. This compares to a net income of $20.0 million, or $6.29 per share, for the same period in 2024. “Fourth quarter results capped another year of exceptional financial performance,” said First National…
(ANCHORAGE) At the Board of Directors Meeting held January 29, 2026, a cash dividend of $4.00 per share was declared, payable on March 16, 2026, to shareholders of record as of February 27, 2026. CONTACT: Denise Brown RobinsonSecretary to the Board of Directors907-777-3409
According to the FBI, Alaskans lost more than $10 million to tech support, government impersonation, investment, and romance scams in 2024. (Source: FBI Internet Crime Complaint Center (IC3) 2024 Annual Report) Alaska businesses lost more than $4 million to business email compromise (BEC) – a type of fraud where scammers impersonate someone familiar to the…
ANCHORAGE – First National Bank Alaska welcomes ENSTAR Natural Gas Company President John Sims as the latest addition to the bank’s Board of Directors. Sims joins Board Chair and CEO/President Betsy Lawer, Vice Chair Lucy Mahan, Adm. Tom Barrett, John Binkley, Perry Eaton, Darren Franz, Cheri Gillian, Jane Klopfer, Pat Pitney, Kim Reitmeier, Lukas Stutzer,…
Andrew Foerster, senior research advisor at the Federal Reserve Bank of San Francisco, shared views on the current economy and the outlook from the Economic Research Department as of September 4, 2025. While economic activity in the United States has remained resilient, recent data show some softening in the labor market. Swings in net exports…