Dear Shareholders, Our strong performance in 2024 carried right over to the first quarter of 2025 as net income grew 31.6% to $17.7 million from $13.5 million during the same period in 2024. Total net interest and loan fee income grew to $44.0 million, $5.7 million higher than the same period in 2024, primarily driven…
Alaska Business described First National as “the undisputed heavyweight champion of positive workplace culture” and interviewed Administrative Director Steve Patin about what makes First National the best place work. “People naturally want to be part of a winning team… For us, winning isn’t just about financial success. It’s about making meaningful impacts in our customers’…
Fraudsters are calling Alaskans and claiming to be with First National Bank Fraud Department. The scammers say there is fraudulent activity on customers’ accounts and request information that the bank would not ask for. The caller ID sometimes displays “Free FNBA Fraud Text”. Remember the following #BanksNeverAskThat tips when discussing with customers how they can…
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: