First National Bank Alaska

Headquarters

101 W. 36th Avenue
Anchorage, AK 99510
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.40% →
1-Year CD 0.65% 1.15% →
2-Year CD 0.50% 1.26% →
5-Year CD 0.50% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

First National Bank Alaska is an FDIC insured institution located in Anchorage, AK. It was founded in 1922 and has approximately $3.81 billion in assets. Customers can open an account at one of its 31 branches.

FDIC Insured Yes
FDIC Certificate # 16130
Date Established 1922
Assets $ 3.81 billion
Loans $ 2.01 billion
Deposits $ 2.39 billion
Capital $ 547.68 million
 

For a more detailed analysis of First National Bank Alaska's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - July 9, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $2,500 $24,999 Learn More
Money Market
0.06% $7,500 $24,999 Learn More
Money Market
0.15% $25,000 $99,999 Learn More
Money Market
0.07% $25,000 $49,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.05% $5,000 $24,999 Learn More
3 Mo CD
0.05% $100,000 - Learn More
6 Mo CD
0.25% $5,000 $24,999 Learn More
6 Mo CD
0.25% $100,000 - Learn More
12 Mo CD
0.65% $5,000 $24,999 Learn More
12 Mo CD
0.65% $100,000 - Learn More
18 Mo CD
0.50% $5,000 $24,999 Learn More
18 Mo CD
0.50% $100,000 - Learn More
24 Mo CD
0.50% $5,000 $24,999 Learn More
24 Mo CD
0.50% $100,000 - Learn More
30 Mo CD
0.50% $5,000 $24,999 Learn More
30 Mo CD
0.50% $100,000 - Learn More
36 Mo CD
0.50% $5,000 $24,999 Learn More
36 Mo CD
0.50% $100,000 - Learn More
48 Mo CD
0.50% $5,000 $24,999 Learn More
48 Mo CD
0.50% $100,000 - Learn More
60 Mo CD
0.50% $5,000 $24,999 Learn More
60 Mo CD
0.50% $100,000 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.65% $1 $24,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.03% $2,500 $4,999 Learn MoreShow Less

Loan Rates - July 9, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for First National Bank Alaska

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.951% 2.875% 1.00 $2,460 $1,038 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to First National Bank Alaska
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Branches

First National Bank Alaska branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


First National Bank Alaska Locations


Financial Details

First National Bank Alaska Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First National Bank Alaska. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
First National Bank Alaska U.S. Bank Average
1.45% 6.51%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2019, First National Bank Alaska had $6,892,000 in non-current loans and $1,343,000 in owned real estate. To cover these potential losses it had $547,682,000 in equity and $19,500,000 in loans loss reserves. That gives it a Texas Ratio of 1.45%.

Return on Equity
First National Bank Alaska U.S. Bank Average
10.48% 9.41%

First National Bank Alaska has a Return on Equity of 10.48% versus the BestCashCow average of 9.41%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
First National Bank Alaska U.S. Bank Average
14.38% 12.82%

First National Bank Alaska has a Capitalization of 14.38% versus the BestCashCow average of 12.82. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

First National Bank Alaska Balance Sheet Analysis

As of December 31, 2019, First National Bank Alaska had assets of $3,808,254,000, loans of $2,007,570,000, and deposits of $2,387,785,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2019
ASSETS
Cash & Balances due from depository institutions $ 127.66 million
Interest-bearing balances $ 104.58 million
Total securities $ 1,588.72 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 2.01 billion
Loan loss allowance $ 19.50 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.34 million
Goodwill and other intangibles $ 2.61 million
All other assets $ 29.78 million
     Total Assets $ 3.26 billion
LIABILITIES
Total deposits $ 2.39 billion
      Interest-bearing deposits $ 1,068.07 million
      Deposits held in domestic offices $ 2.39 billion
      % insured (estimated) 71.67%
Federal funds purchased and repurchase agreements $ 859.43 million
Trading liabilities N.A.
Other borrowed funds $ 0.16 million
Subordinated debt N.A.
All other liabilities $ 13.21 million
      Total Liabilities $ 3.26 billion
      Shareholders’ Equity $ 547.68 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 152.04 million
Total Interest Expense $ 15.20 million
Net interest income $ 136.84 million
Provision for loan and lease losses $ 0.30 million
Total non interest income $ 23.12 million
Total non interest expense $ 85.76 million
Pre-tax Net Operating Income $ 73.90 million

Bank Loan Profile?

The top three loan types in First National Bank Alaska’s loan portfolio are Commercial Real Estate, Construction and Development Loans, and Commercial and Industrial Loans.

Compared to other banks in Alaska, First National Bank Alaska has a significantly higher percent of Credit Card Loans, Construction and Development Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 7.79
Multifamily
Mortgages
4.67
Credit Card Loans 0.12
Consumer Auto Loans 0.13
Small Business Loans 10.72
Construction and Development Loans 17.28
Commercial Real Estate 48.63
Commercial and Industrial Loans 17.21
Farm Loans 3.01

Frequently Asked Questions About First National Bank Alaska

Branches and Savings

Is First National Bank Alaska FDIC insured?

Yes. It is covered under FDIC Certificate #16130.

Why does First National Bank Alaska pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are First National Bank Alaska CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is First National Bank Alaska a commercial bank?

Yes

Where are First National Bank Alaska locations?

See branch locations nearby.

Is First National Bank Alaska open on Saturdays?

Is First National Bank Alaska open on Sundays?

What time does First National Bank Alaska open?

What time does First National Bank Alaska close?

Are First National Bank Alaska ATMs Open 24/7?

Do First National Bank Alaska ATMs accept cash deposits?

Can First National Bank Alaska customers use other ATMs?

Do First National Bank Alaska branches have notaries?

Will First National Bank Alaska notarize my document?

What address for First National Bank Alaska should I put for incoming ACH transfers?

Will the First National Bank Alaska branch print checks?

Do First National Bank Alaska checks expire?

Does First National Bank Alaska require US citizenship to open account?

Can First National Bank Alaska close my account?

Does First National Bank Alaska Report to credit bureaus?

Does First National Bank Alaska Use Equifax?

What is First National Bank Alaska's ACH Routing Number?

What is First National Bank Alaska's SWIFT code?

Products

Does First National Bank Alaska offer mortgages?

Compare mortgage rates here.

Does First National Bank Alaska offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First National Bank Alaska offer personal loans?

Compare personal loan rates here.

Does First National Bank Alaska offer student loans?

Will First National Bank Alaska cash a check?

Will First National Bank Alaska redeem a savings bond?

Does First National Bank Alaska cash savings bonds?

Will First National Bank Alaska cash money orders?

Can First National Bank Alaska issue a money order?

Does First National Bank Alaska do currency exchange?

Background on The Bank

Who owns First National Bank Alaska?

How long has First National Bank Alaska been around?

Can First National Bank Alaska transfer to other banks?

Does First National Bank Alaska have quick pay?

Does First National Bank Alaska accept rolled coins?

Will First National Bank Alaska accept loose change?

Where is First National Bank Alaska headquarters?

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