Unaudited results announced for first quarter 2020

(ANCHORAGE) First National Bank Alaska’s (OTCQX:FBAK) unaudited net income for first quarter 2020 was $14.1 million, or $4.47 per share. This compares to net income of $13.5 million, or $4.27 per share, for the same period in 2019. Net interest and loan fee income for first quarter 2020 was $34.5 million, an increase of 4.8%…

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First National Bank Alaska Declares Dividend For Second Quarter 2020

(ANCHORAGE) At the Board of Directors Meeting held April 30, 2020, First National Bank Alaska (OTCQX:FBAK) declared a cash dividend of $3.20 per share, payable on June 15, 2020, to shareholders of record as of June 1, 2020. Alaskan-owned and -operated since 1922, First National proudly meets the financial needs of Alaskans with ATMs and…

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Four Alaska banking experts join award-winning team

First National Bank Alaska’s Board of Directors announced that four new banking experts have joined the state’s largest locally owned community bank. With over 20 years in law enforcement at the Anchorage Police Department, Security Officer James Estes joins the First National team in Anchorage. He holds a bachelor’s degree in criminal justice, an associate’s…

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First National appoints Asgari as Wealth Management Officer

First National Bank Alaska’s Board of Directors named Laura Asgari Investment Management Officer and Wealth Management Officer. She will be based out of Corporate Headquarters in Anchorage. Asgari is an alumna of the American College of Financial Services, a Retirement Income Certified Professional and a Wealth Management Certified Professional. She has worked in finance and…

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First National contributions to Alaskans total more than $1 million in 2019

First National Bank Alaska and its employees directed financial support of $1,014,750 to Alaska communities in 2019. The total includes charitable gifts, activity sponsorships and in-kind donations of time and expertise during the year. Health, youth, educational, civic and arts organizations from all around the state were recipients of donations from First National. As has…

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