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…
(ANCHORAGE) At the Board of Directors Meeting held January 30, 2020, First National Bank Alaska (OTCQX:FBAK) declared a cash dividend of $3.20 per share, payable on March 16, 2020, to shareholders of record as of March 1, 2020. Alaskan-owned and -operated since 1922, First National proudly meets the financial needs of Alaskans with ATMs and…
First National Bank Alaska’s Board of Directors named Alita Mahan Commercial Loan Officer and appointed her Assistant Vice President. She will be based at the Homer Branch. Mahan has two decades of banking and branch management experience in Alaska. She has extensive local lending experience, including mortgage loans, boat and vessel loans and consumer lending.…
(ANCHORAGE) First National Bank Alaska’s (OTCQX:FBAK) unaudited net income for fourth quarter 2019 was $14.2 million, or $4.49 per share. This compares to net income of $12.4 million, or $3.92 per share, for the same period in 2018. Net interest and loan fee income for fourth quarter 2019 was $35.6 million, an increase of 3.5%…