ANCHORAGE, AK – First National Bank Alaska’s (OTCQX: FBAK) net income for the fourth quarter of 2023 was $16.6 million, or $5.24 per share. This compares to a net income of $14.4 million, or $4.54 per share, for the same period in 2022. Year-to-date net income was $60.0 million, or $18.95 per share, compared to…
(ANCHORAGE) First National Bank Alaska Board Chair and CEO/President Betsy Lawer announced that Senior Executive Officer and Chief Credit Officer Darren Franz was appointed President of the Lending Division Line of Business, effective Jan. 1, 2024. Franz has also become a member of the bank’s Board of Directors, effective Jan. 25, 2024. He remains Chief…
At the Board of Directors meeting held January 25, 2024, a cash dividend of $3.20 per share was declared, payable on March 15, 2024, to shareholders of record as of March 1, 2024.
When an unusually rainy summer caused damage to buildings on the KBFPC campus, First National gave $10,000 to fund emergency repairs. Learn more about the donation and KBFPC.
“Having partners that do their job well, is priceless.” Heidi Wilder
The FBI warns of criminals targeting online shoppers and sellers during the holiday season. In 2022, the FBI Internet Crime Complaint Center received reports from nearly 12,000 victims nationally of non-payment or non-delivery scams, resulting in more than $73 million in losses. Criminals use a multitude of methods to entice and target victims intending to purchase or…