ANCHORAGE, AK – First National Bank Alaska’s Board of Directors announced several appointments and promotions, further strengthening Alaska’s largest community bank. Key appointments and promotions to the bank’s leadership team include: “Each of these individuals brings a distinct set of skills and experiences that will significantly enhance our operations. They embody First National’s commitment to…
ANCHORAGE, Alaska – First National Bank Alaska shareholders reelected fourteen directors to their board positions during the bank’s annual shareholder meeting on April 28, 2026. The current board includes Board Chair and CEO/President Betsy Lawer, Vice Chair Lucy Mahan, Lead Director Perry Eaton, Admiral Tom Barrett, USCG (ret.), John Binkley, Darren Franz, Cheri Gillian, Jane…
ANCHORAGE, AK – First National Bank Alaska’s (OTCQX:FBAK) net income for the first quarter of 2026 was $21.2 million, or $6.68 per share. This compares to a net income of $17.7 million, or $5.60 per share, for the same period in 2025. Return on assets increased to 1.67%, an improvement of 25 basis points over…
(ANCHORAGE) At the Board of Directors meeting held April 29, 2026, a cash dividend of $4.00 per share was declared, payable on June 15, 2026, to shareholders of record as of June 1, 2026. CONTACT: Denise Brown RobinsonSecretary to the Board of Directors907-777-3409
ANCHORAGE, AK – First National Bank Alaska and Federal Home Loan Bank of Des Moines (FHLB Des Moines) have awarded grants totaling $364,000 to 13 nonprofit organizations across Alaska through FHLB Des Moines Member Impact Fund. This matching grant program is designed to offer eligible organizations critical financial support for affordable housing and community development…
ANCHORAGE, AK – First National Bank Alaska (QTCQX:FBAK) reached a significant milestone on Feb. 26, 2026, surpassing a $1 billion market capitalization for the first time in the bank’s history. Common shares traded in a daily range of $311.70 to $328.45, closing at $322.50 per share. The bank’s 3,166,885 outstanding shares reflected a record-high total…