First National Bank Alaska announces unaudited results听for second quarter 2025
First National Bank Alaska (OTCQX:FBAK) reported strong Q2 2025 financial results with net income of $18.4 million, or $5.80 per share, up from $15.6 million ($4.94 per share) in Q2 2024. The bank achieved a Return on Assets of 1.46% and an improved net interest margin of 3.69%.
Total loans reached $2.6 billion, increasing by $200.1 million year-over-year. The bank maintained strong asset quality with nonperforming loans at 0.38% of outstanding loans. Total assets were $4.9 billion, with shareholders' equity increasing to $550.1 million from $485.2 million in the previous year. The bank's efficiency ratio improved to 50.58%, outperforming both Alaska and national peer groups.
The bank's Tier 1 leverage capital ratio of 11.95% remains well above regulatory requirements, while book value per share increased to $173.71 from $153.20 year-over-year.
First National Bank Alaska (OTCQX:FBAK) ha comunicato solidi risultati finanziari nel secondo trimestre 2025 con un utile netto di 18,4 milioni di dollari, pari a 5,80 dollari per azione, rispetto a 15,6 milioni (4,94 dollari per azione) nel Q2 2024. La banca ha registrato un rendimento delle attivit脿 (ROA) del 1,46% e un margine d'interesse netto migliorato al 3,69%.
I prestiti totali sono saliti a 2,6 miliardi di dollari, con un incremento di 200,1 milioni rispetto all'anno precedente. La qualit脿 degli attivi 猫 rimasta solida: i crediti in sofferenza rappresentano lo 0,38% dei prestiti in essere. Le attivit脿 totali ammontano a 4,9 miliardi di dollari, mentre il patrimonio netto 猫 salito a 550,1 milioni da 485,2 milioni dell'anno precedente. Il rapporto di efficienza 猫 migliorato al 50,58%, sovraperformando i gruppi di pari in Alaska e a livello nazionale.
Il rapporto di capitale Tier 1 leverage della banca del 11,95% resta ben al di sopra dei requisiti normativi, mentre il valore contabile per azione 猫 salito a 173,71 dollari da 153,20 anno su anno.
First National Bank Alaska (OTCQX:FBAK) present贸 s贸lidos resultados financieros en el segundo trimestre de 2025, con un beneficio neto de 18,4 millones de d贸lares, o 5,80 d贸lares por acci贸n, frente a 15,6 millones (4,94 d贸lares por acci贸n) en el Q2 de 2024. El banco alcanz贸 un retorno sobre activos del 1,46% y mejor贸 su margen de inter茅s neto hasta el 3,69%.
Los pr茅stamos totales llegaron a 2,6 mil millones de d贸lares, un aumento de 200,1 millones interanual. Mantuvo una s贸lida calidad de activos, con pr茅stamos no productivos en el 0,38% del total. Los activos totales sumaron 4,9 mil millones de d贸lares y el patrimonio de los accionistas aument贸 a 550,1 millones desde 485,2 millones del a帽o anterior. La ratio de eficiencia mejor贸 al 50,58%, superando a los grupos comparables de Alaska y a nivel nacional.
El ratio de apalancamiento Tier 1 del banco del 11,95% sigue claramente por encima de los requisitos regulatorios, mientras que el valor contable por acci贸n subi贸 a 173,71 d贸lares desde 153,20 a帽o a a帽o.
First National Bank Alaska (OTCQX:FBAK)電� 2025雲� 2攵勱赴鞐� 靾滌澊鞚� 18.4氚彪 雼煬(欤茧嫻 5.80雼煬)毳� 氤搓碃頄堨溂氅�, 鞚措姅 2024雲� 2攵勱赴鞚� 15.6氚彪 雼煬(欤茧嫻 4.94雼煬)鞐愳劀 歃濌皜頃� 靾橃箻鞛呺媹雼�. 鞚�頄夓潃 齑濎瀽靷办澊鞚惦(ROA) 1.46%毳� 旮半頄堨溂氅� 靾滌澊鞛愲歆勳潃 3.69%搿� 臧滌劆霅橃棃鞀惦媹雼�.
齑� 雽�於滉笀鞚� 26鞏� 雼煬搿� 鞝勲厔 霃欔赴 雽�牍� 200.1氚彪 雼煬 歃濌皜頄堨姷雼堧嫟. 鞛愳偘 瓯挫爠靹膘潃 瓴“頃橁矊 鞙犾霅橃柎 攵�鞁る寑於� 牍勳湪鞚� 鞝勳泊 雽�於滌潣 0.38%鞓�鞀惦媹雼�. 齑濎瀽靷办潃 49鞏� 雼煬鞓�瓿�, 鞛愱赴鞛愲掣鞚� 鞝勲厔鞚� 485.2氚彪 雼煬鞐愳劀 550.1氚彪 雼煬搿� 歃濌皜頄堨姷雼堧嫟. 須湪靹� 牍勳湪鞚� 50.58%搿� 臧滌劆霅橃柎 鞎岆灅鞀れ勾 氚� 鞝勱淡 牍勱祼攴鸽９鞚� 靸來殞頄堨姷雼堧嫟.
鞚�頄夓潣 Tier 1 霠堧矂毽 鞛愲掣牍勳湪鞚� 11.95%搿� 攴滌牅 旮办鞚� 頉敩 靸來殞頃橂┌, 欤茧嫻 鞛ル秬臧�電� 鞝勲厔鞚� 153.20雼煬鞐愳劀 173.71雼煬搿� 靸侅姽頄堨姷雼堧嫟.
First National Bank Alaska (OTCQX:FBAK) a publi茅 de solides r茅sultats pour le 2e trimestre 2025 avec un b茅n茅fice net de 18,4 millions de dollars, soit 5,80 $ par action, contre 15,6 millions (4,94 $ par action) au T2 2024. La banque a affich茅 un rendement des actifs (ROA) de 1,46% et une marge d'int茅r锚t nette am茅lior茅e de 3,69%.
Les pr锚ts totaux ont atteint 2,6 milliards de dollars, en hausse de 200,1 millions par rapport 脿 l'ann茅e pr茅c茅dente. La qualit茅 des actifs est rest茅e solide, les pr锚ts non performants repr茅sentant 0,38% des pr锚ts en cours. Les actifs totaux s'茅tablissent 脿 4,9 milliards de dollars, et les capitaux propres ont augment茅 脿 550,1 millions contre 485,2 millions l'an pass茅. Le ratio d'efficacit茅 s'est am茅lior茅 脿 50,58%, d茅passant les pairs de l'Alaska et nationaux.
Le ratio Tier 1 leverage de la banque de 11,95% reste largement sup茅rieur aux exigences r茅glementaires, tandis que la valeur comptable par action est pass茅e 脿 173,71 $ contre 153,20 $ sur un an.
First National Bank Alaska (OTCQX:FBAK) meldete f眉r das zweite Quartal 2025 starke Ergebnisse mit einem Nettoergebnis von 18,4 Mio. USD, bzw. 5,80 USD je Aktie, nach 15,6 Mio. USD (4,94 USD/Aktie) im Q2 2024. Die Bank erzielte eine Rendite der Aktiva (ROA) von 1,46% und eine verbesserte Nettozinsmarge von 3,69%.
Die Gesamtkredite erreichten 2,6 Mrd. USD, ein Anstieg um 200,1 Mio. USD gegen眉ber dem Vorjahr. Die Verm枚gensqualit盲t blieb stark: notleidende Kredite lagen bei 0,38% der ausstehenden Kredite. Die Gesamtaktiva beliefen sich auf 4,9 Mrd. USD, das Eigenkapital stieg auf 550,1 Mio. USD gegen眉ber 485,2 Mio. USD im Vorjahr. Die Cost-Income-Ratio verbesserte sich auf 50,58% und 眉bertraf damit sowohl die Vergleichsgruppen in Alaska als auch national.
Die Tier-1-Leverage-Kapitalquote der Bank von 11,95% liegt deutlich 眉ber den regulatorischen Anforderungen, und der Buchwert je Aktie stieg von 153,20 USD auf 173,71 USD im Jahresvergleich.
- Net income increased to $18.4 million from $15.6 million year-over-year
- Return on Assets improved to 1.46%, showing five consecutive quarters of growth
- Net interest margin expanded significantly to 3.69% from 2.98%
- Loan portfolio grew by $200.1 million year-over-year
- Shareholders' equity increased by $64.9 million to $550.1 million
- Strong efficiency ratio of 50.58%, better than peer groups
- Book value per share grew to $173.71 from $153.20
- Nonperforming loans increased by $5.1 million year-over-year
- Provision for credit losses increased to $2.2 million from $1.3 million
- Total assets decreased by $192.3 million compared to June 2024
- Noninterest expenses increased $1.4 million due to rising healthcare costs
ANCHORAGE, Alaska, Aug. 08, 2025 (GLOBE NEWSWIRE) -- First National Bank Alaska鈥檚 (OTCQX:FBAK) net income for the second quarter of 2025 was
鈥淩eturn on Assets is
Loans totaled
Total interest and loan fee income in the second quarter was
Assets totaled
Total interest expense for the second quarter was
Noninterest operating income for second quarter 2025 was
Shareholders鈥� equity was
ABOUT FIRST NATIONAL BANK ALASKA
Alaska鈥檚 community bank since 1922, First National Bank Alaska proudly meets the financial needs of Alaskans with ATMs and 28 locations in 19 communities throughout the state, and by providing banking services to meet their needs across the nation and around the world.
For more than a century, the bank has been committed to supporting the communities it serves. In 2024, for the eighth consecutive reporting period, over a span of twenty-four years, First National received an Outstanding Community Reinvestment Act performance rating from the Office of the Comptroller of the Currency.
In 2025, Alaska Business readers voted First National 鈥淏est of Alaska Business鈥� in the Best Place to Work category for the 10th year in a row, Best Bank/Credit Union for the fifth time, and Best Customer Service for the second year in a row. That year, Forbes also selected First National as the sixth best bank on their America鈥檚 Best Banks list and one of the top two Banks in the State, and Newsweek recognized the bank as one of the nation鈥檚 Best Regional Banks and Credit Unions. The bank was also voted 鈥淏est of Alaska鈥� in 2024 in the Anchorage Daily News awards, ranking as one of the top three in the Bank/Financial category for the sixth year in a row. American Banker again recognized First National as a 鈥淏est Bank to Work For鈥� in 2024, for the seventh consecutive year.
First National Bank Alaska is a Member FDIC, Equal Housing Lender, and recognized as a Minority Depository Institution by the Office of the Comptroller of the Currency, as it is majority-owned by women.
Contact Corporate Communications
907-777-3409
| 听 | Financial Overview (Unaudited) | Quarter Ended ($ in thousands) | ||||||||||||||
| 听 | 听 | 6/30/2025 | 3/31/2025 | 12/31/2024 | 9/30/2024 | 6/30/2024 | ||||||||||
| 听 | Balance Sheet | 听 | 听 | 听 | 听 | 听 | ||||||||||
| 听 | Total Assets | $ | 4,923,803 | 听 | $ | 4,890,081 | 听 | $ | 4,997,767 | 听 | $ | 5,557,306 | 听 | $ | 5,116,066 | 听 |
| 听 | Total Securities | $ | 1,859,645 | 听 | $ | 1,882,332 | 听 | $ | 1,928,625 | 听 | $ | 2,602,519 | 听 | $ | 2,197,788 | 听 |
| 听 | Total Loans | $ | 2,591,713 | 听 | $ | 2,607,081 | 听 | $ | 2,469,935 | 听 | $ | 2,445,596 | 听 | $ | 2,391,593 | 听 |
| 听 | Total Deposits | $ | 3,586,204 | 听 | $ | 3,580,147 | 听 | $ | 3,679,155 | 听 | $ | 3,728,181 | 听 | $ | 3,698,631 | 听 |
| 听 | Repurchase Agreements | $ | 731,808 | 听 | $ | 716,908 | 听 | $ | 743,193 | 听 | $ | 647,043 | 听 | $ | 615,096 | 听 |
| 听 | Total Deposits and Repurchase Agreements | $ | 4,318,012 | 听 | $ | 4,297,055 | 听 | $ | 4,422,348 | 听 | $ | 4,375,224 | 听 | $ | 4,313,727 | 听 |
| 听 | Total Borrowing under the Federal Reserve Bank Term Funding Program | $ | - | 听 | $ | - | 听 | $ | - | 听 | $ | 249,868 | 听 | $ | 249,868 | 听 |
| 听 | Unrealized Loss on Marketable Securities, Net of Tax | $ | (40,193 | ) | $ | (49,465 | ) | $ | (62,985 | ) | $ | (52,020 | ) | $ | (86,857 | ) |
| 听 | Total Shareholders' Equity | $ | 550,135 | 听 | $ | 535,148 | 听 | $ | 516,562 | 听 | $ | 527,864 | 听 | $ | 485,167 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||||||||||
| 听 | Income Statement | 听 | 听 | 听 | 听 | 听 | ||||||||||
| 听 | Total Interest and Loan Fee Income | $ | 56,999 | 听 | $ | 55,863 | 听 | $ | 63,262 | 听 | $ | 64,421 | 听 | $ | 56,593 | 听 |
| 听 | Total Interest Expense | $ | 11,842 | 听 | $ | 11,956 | 听 | $ | 18,591 | 听 | $ | 21,319 | 听 | $ | 16,521 | 听 |
| 听 | Provision for Credit Losses | $ | 631 | 听 | $ | 1,535 | 听 | $ | (118 | ) | $ | (432 | ) | $ | 318 | 听 |
| 听 | Total Noninterest Operating Income | $ | 7,363 | 听 | $ | 6,910 | 听 | $ | 7,178 | 听 | $ | 7,487 | 听 | $ | 7,361 | 听 |
| 听 | Net Gains on Investment Securities | $ | - | 听 | $ | - | 听 | $ | 10 | 听 | $ | - | 听 | $ | 208 | 听 |
| 听 | Total Noninterest Expense | $ | 27,083 | 听 | $ | 25,334 | 听 | $ | 27,696 | 听 | $ | 25,928 | 听 | $ | 25,637 | 听 |
| 听 | Provision for Income Taxes | $ | 6,423 | 听 | $ | 6,214 | 听 | $ | 4,350 | 听 | $ | 7,099 | 听 | $ | 6,039 | 听 |
| 听 | Net Income | $ | 18,383 | 听 | $ | 17,734 | 听 | $ | 19,931 | 听 | $ | 17,994 | 听 | $ | 15,647 | 听 |
| 听 | Earnings per Common Share | $ | 5.80 | 听 | $ | 5.60 | 听 | $ | 6.29 | 听 | $ | 5.68 | 听 | $ | 4.94 | 听 |
| 听 | Dividend per Common Share | $ | 4.00 | 听 | $ | 4.00 | 听 | $ | 6.40 | 听 | $ | 3.20 | 听 | $ | 3.20 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||||||||||
| 听 | Financial Measures | 听 | 听 | 听 | 听 | 听 | ||||||||||
| 听 | Return on Assets | 听 | 1.46 | % | 听 | 1.42 | % | 听 | 1.22 | % | 听 | 1.15 | % | 听 | 1.08 | % |
| 听 | Return on Equity | 听 | 13.53 | % | 听 | 13.49 | % | 听 | 13.60 | % | 听 | 12.90 | % | 听 | 12.30 | % |
| 听 | Net Interest Margin | 听 | 3.69 | % | 听 | 3.63 | % | 听 | 3.12 | % | 听 | 3.04 | % | 听 | 2.98 | % |
| 听 | Interest Income to Average Earning Assets | 听 | 4.67 | % | 听 | 4.61 | % | 听 | 4.57 | % | 听 | 4.51 | % | 听 | 4.40 | % |
| 听 | Interest Expense to Average Earning Assets | 听 | 0.98 | % | 听 | 0.98 | % | 听 | 1.45 | % | 听 | 1.47 | % | 听 | 1.42 | % |
| 听 | Efficiency Ratio | 听 | 50.58 | % | 听 | 49.70 | % | 听 | 53.51 | % | 听 | 53.59 | % | 听 | 54.94 | % |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||||||||||
| 听 | Capital | 听 | 听 | 听 | 听 | 听 | ||||||||||
| 听 | Shareholders' Equity/Total Assets | 听 | 11.17 | % | 听 | 10.94 | % | 听 | 10.34 | % | 听 | 9.50 | % | 听 | 9.48 | % |
| 听 | Tier 1 Leverage Ratio | 听 | 11.95 | % | 听 | 11.72 | % | 听 | 10.54 | % | 听 | 10.39 | % | 听 | 11.12 | % |
| 听 | Regulatory Well Capitalized Minimum Ratio - Tier 1 Leverage Ratio | 听 | 5.00 | % | 听 | 5.00 | % | 听 | 5.00 | % | 听 | 5.00 | % | 听 | 5.00 | % |
| 听 | Tier 1 (Core) Capital | $ | 590,328 | 听 | $ | 584,613 | 听 | $ | 579,547 | 听 | $ | 579,884 | 听 | $ | 572,024 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||||||||||
| 听 | Credit Quality | 听 | 听 | 听 | 听 | 听 | ||||||||||
| 听 | Nonperforming Loans and OREO | $ | 9,802 | 听 | $ | 4,243 | 听 | $ | 4,313 | 听 | $ | 4,186 | 听 | $ | 4,731 | 听 |
| 听 | Nonperforming Loans and OREO/Total Loans | 听 | 0.38 | % | 听 | 0.16 | % | 听 | 0.17 | % | 听 | 0.17 | % | 听 | 0.20 | % |
| 听 | Nonperforming Loans and OREO/Tier 1 Capital | 听 | 1.66 | % | 听 | 0.73 | % | 听 | 0.74 | % | 听 | 0.72 | % | 听 | 0.83 | % |
| 听 | Allowance for Loan Losses | $ | 20,025 | 听 | $ | 19,500 | 听 | $ | 18,025 | 听 | $ | 18,550 | 听 | $ | 19,000 | 听 |
| 听 | Allowance for Loan Losses/Total Loans | 听 | 0.77 | % | 听 | 0.75 | % | 听 | 0.73 | % | 听 | 0.76 | % | 听 | 0.79 | % |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||||||||||
| 听 | Net interest margin, yields, and efficiency ratios are tax effected. | 听 | 听 | 听 | ||||||||||||
| 听 | Financial measures are year-to-date. | 听 | 听 | 听 | 听 | 听 | ||||||||||
| 听 | Per common share amounts are not in thousands. | 听 | 听 | 听 | 听 | |||||||||||
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||||||||||
FAQ
What was First National Bank Alaska's (FBAK) earnings per share in Q2 2025?
How much did FBAK's loan portfolio grow in Q2 2025?
What is First National Bank Alaska's current net interest margin?
How strong is FBAK's capital position in Q2 2025?
What is First National Bank Alaska's current Return on Assets (ROA)?
How much are FBAK's nonperforming loans in Q2 2025?
