(ANCHORAGE) First National Bank Alaska continued its long history of support for Cook Inlet Tribal Council (CITC) and the Native Youth Olympics (NYO) with a $25,000 donation to CITC for their Education Innovation Fund. The fund supports educational and cultural programs such as the games recently held at the Alaska Airlines Center. This year’s bank…
ANCHORAGE – First National reelected all ten of its directors to their Board positions during the bank’s annual shareholder meeting on April 26, 2022. The current board is comprised of Board Chair and CEO/President Betsy Lawer, Vice Chair Lucy Mahan, Adm. Tom Barrett, USCG (ret.), Lead Director Perry Eaton, Margy Johnson, Jane Klopfer, Doug Longacre,…
First National Bank Alaska donates essential items to Covenant House Alaska ANCHORAGE – For more than four decades, Covenant House Alaska has been a life-affirming bridge for young people in Anchorage, providing no-barrier, safe, short-term housing to meet their immediate needs and long-term support that allows Alaska’s youth in need to thrive. First National Bank…
First National Bank Alaska’s (OTCQX:FBAK) unaudited net income for the first quarter of 2022 was $13.8 million, or $4.37 per share. This compares to a net income of $14.0 million, or $4.41 per share, for the same period in 2021. Assets totaled $5.4 billion as of March 31, 2022, decreasing $188.1 million during the first…
At the Board of Directors Meeting held April 27, 2022, a cash dividend of $3.20 per share was declared, payable on June 15, 2022, to shareholders of record as of June 1, 2022.