First National Bank Alaska
First National Bank Alaska reported total assets of $5.1 bn at Q2 2026, up 4.1% on a year earlier, the 284th largest of 497 banks in our US coverage. The CET1 capital ratio at First National Bank Alaska was 18.52%, and the uninsured share of First National Bank Alaska was 38.98%. Source: FDIC Call Reports.
Key takeaways
- On uninsured share of domestic deposits, First National Bank Alaska slipped from 173rd to 203rd among 500 US banks between and (1 = highest; FDIC Call Reports).
- First National Bank Alaska has one of the highest common equity tier 1 (CET1) ratio readings among banks of $1 bn to $10 bn: 18.52% at , against a median of 13.22% across 287 banks (FDIC Call Reports).
What sets First National Bank Alaska apart
How large is First National Bank Alaska?
The balance sheet of First National Bank Alaska at : assets $5.1 bn, deposits $3.7 bn, net loans $2.8 bn (loans equal to 76.18% of deposits). Securities make up 35.7% of total assets at First National Bank Alaska. Since , when First National Bank Alaska held $3.6 bn, its assets grew 41.7%. In the year to , deposits at First National Bank Alaska rose 2.8% while its total assets rose 4.1%. At , First National Bank Alaska employed 631 full-time equivalent staff across 27 offices, about $8.1 mn of assets per employee and $136.5 mn of deposits per office.
How much funding at First National Bank Alaska is uninsured?
At First National Bank Alaska, uninsured deposits (above the FDIC limit) made up 38.98% of domestic deposits at (-1.62 pp on a year earlier); First National Bank Alaska ranks 203rd of 500 on this measure. In dollars, First National Bank Alaska estimated $1.4 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $3.7 bn | +2.8% | 302nd of 499 |
| Net loans and leases | $2.8 bn | +8.9% | 330th of 500 |
| Loan-to-deposit ratio | 76.18% | +4.29 pp | 377th of 500 |
| Tier 1 leverage ratio | 11.95% | -0.01 pp | 99th of 500 |
| Total risk-based capital ratio | 19.25% | -0.84 pp | 46th of 448 |
| Net interest margin | 4.02% | +0.29 pp | 134th of 500 |
| Return on assets (ROA) | 1.65% | +0.18 pp | 112th of 500 |
| Efficiency ratio | 49.63% | -1.09 pp | 134th of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $35.2 mn | Narrowed by $21.0 mn | |
| Noncurrent loans to total loans | 0.47% | +0.09 pp | 177th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.02% | +0.00 pp | 121st of 500 (1 = lowest) |
US rank of First National Bank Alaska: 1 = highest unless marked 1 = lowest.
Balance sheet
First National Bank Alaska: assets, deposits and loans
- Total assets $5.1bn
- Deposits $3.7bn
- Net loans $2.8bn
Capital and securities
The CET1 ratio of First National Bank Alaska stood at 18.52% in , -0.87 pp year on year. Low and high at First National Bank Alaska since : 18.33% () to 20.96% (). Equity capital of First National Bank Alaska at : $585.2 mn, or 11.4% of total assets. First National Bank Alaska also reported a total capital ratio of 19.25% for , and a tier 1 leverage ratio of 11.95%.
The available-for-sale portfolio of First National Bank Alaska showed an unrealized loss of $35.2 mn at ; the loss narrowed by $21.0 mn over the year.
First National Bank Alaska: capital ratios
- Total capital 19%
- CET1 19%
- Tier 1 leverage 12%
First National Bank Alaska: unrealized securities gains and losses
- Available for sale -$35mn
- Held to maturity $0
Profitability and loan quality
For the year to , First National Bank Alaska earned a return on equity of 14.56%; return on assets: 1.65%. Net interest margin at First National Bank Alaska: 4.02%, +0.29 pp in a year. First National Bank Alaska net income: $42.0 mn, up 16.3% year on year. The efficiency ratio of First National Bank Alaska was 49.63%: about 50 cents cost per revenue dollar, against 53 cents at the median peer.
At , noncurrent loans were 0.47% of total loans at First National Bank Alaska; net charge-offs: 0.02% of average loans. Gross loans and leases at First National Bank Alaska: $2.8 bn, up 8.9% in a year.
First National Bank Alaska: profitability
- Return on equity 15%
- Net interest margin 4.0%
- Return on assets 1.6%
Peer group of First National Bank Alaska
The peer group of First National Bank Alaska is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of First National Bank Alaska (national bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Alaska. Against them, First National Bank Alaska shows CET1 ratio 18.52% against a peer median of 12.12%, return on equity 14.56% against a peer median of 14.83% and uninsured deposit share 38.98% against a peer median of 40.46%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Southern Bank | State member bank | MO | $5.2 bn | 12.12% | 14.63% | 18.89% | |
| Barrington Bank & Trust Company | National bank | IL | $5.2 bn | 10.91% | 12.04% | 23.07% | |
| Vantage Bank Texas | State member bank | TX | $5.1 bn | 10.13% | 18.91% | 48.74% | |
| First National Bank Alaska | National bank | AK | $5.1 bn | 18.52% | 14.56% | 38.98% | |
| Community Bank of Mississippi | State nonmember bank | MS | $5.1 bn | 13.15% | 13.33% | 35.68% | |
| Bank of Stockton | State nonmember bank | CA | $5.0 bn | 18.81% | 32.23% | 45.23% | |
| John Deere Financial, f.s.b. | Federal savings bank | WI | $4.9 bn | not reported | 15.03% | 100.00% | |
. FDIC Call Reports.
Last eight quarters
Two years at First National Bank Alaska, to : assets -7.8%, deposits -1.2%, equity +10.9%. Staff 608 to 631.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $5.6 bn | $5.0 bn | $4.9 bn | $4.9 bn | $5.2 bn | $5.1 bn | $5.1 bn | $5.1 bn |
| Total deposits | $3.7 bn | $3.7 bn | $3.6 bn | $3.6 bn | $3.8 bn | $3.7 bn | $3.7 bn | $3.7 bn |
| Bank equity capital | $527.9 mn | $516.6 mn | $535.1 mn | $550.1 mn | $567.7 mn | $569.2 mn | $576.4 mn | $585.2 mn |
| CET1 ratio | 19.93% | 19.47% | 19.39% | 19.39% | 19.58% | 18.33% | 18.54% | 18.52% |
| Return on equity (ROE) | 12.90% | 13.60% | 13.49% | 13.53% | 14.13% | 14.16% | 14.78% | 14.56% |
| Uninsured share of domestic deposits | 42.61% | 41.36% | 40.48% | 40.59% | 43.23% | 42.09% | 40.44% | 38.98% |
| Full-time equivalent employees | 608 | 609 | 616 | 612 | 608 | 625 | 633 | 631 |
| Number of offices | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 |
FDIC Call Reports.
Mergers and acquisitions
No merger or acquisition by First National Bank Alaska appears in the FDIC history since , and its total assets never moved more than 25% in one quarter.
Questions and identifiers
What were the total assets of First National Bank Alaska?
First National Bank Alaska reported $5.1 bn at in its Call Report. That makes First National Bank Alaska the 284th largest of 497 banks in our US coverage.
Is First National Bank Alaska profitable?
First National Bank Alaska reported net income of $42.0 mn for the year to ; annualized return on equity: 14.56%. So yes: First National Bank Alaska made a profit over these months.
When is data for First National Bank Alaska next updated?
Figures from First National Bank Alaska for are due after .
Where can I check the figures for First National Bank Alaska?
In the FDIC BankFind Suite record for certificate 16130, and in the Call Reports of First National Bank Alaska (RSSD ID 114260) at the FFIEC Central Data Repository.