← The catalogue
Q2 2026 · read from the 30 June 2026 Call Report · United States · Pacific · Alaska, the state note

First National Bank Alaska

Anchorage, Alaska · $5.12B in assets · beside the 11 other the Pacific states banks between $3B and $10B (the state alone holds too few in the band to rank)

The filing

1.7x
Coverage of noncurrent
10th of 11
53.9%
CRE / loans
10th of 12
76.8%
Loans / deposits
4th of 12

First National Bank Alaska is the eighth largest of the 12 the Pacific states banks nearest its size between $3B and $10B, with $5.12B in assets at 30 June 2026. Loans are 76.8% of deposits, 4th of 12 against a median of 85.8%, and equity is 11.4% of assets, 6th of 12. Loans grew +8.9% in the year, 4th of 12, and deposits grew 2.8%; the cohort's median loan growth is +5.7%.

Noncurrent loans are 0.47% of the book, 8th of 12 against a median of 0.42%; 0.13% is 30 to 89 days past due, and the allowance covers them 1.7 times. Commercial real estate is 53.9% of loans, 10th of 12 against a median of 38.6%, and 240% of capital, below the 300% screen, with construction at 48% against the 100% screen.

Return on assets is 1.64%, 4th of 12 against a median of 1.34%, on an efficiency ratio of 49.6%, 7th of 12. Five years ago it was 1.10%. The question is which of these lines moves first over the next four quarters, and against which peer.

Commercial real estate, share of loansPacific states banks $3B to $10B · 30 June 2026 · lower is stronger, listed first
median 38.6% FB Fremont Bank 24.7% CC Coastal Community Bank 26.3% AB American Business Bank 29.5% FM Farmers & Merchants Bank Central California 32.2% Bo Bank of Stockton 36.9% CB CTBC Bank Corp. USA 38.5% RB Royal Business Bank 38.7% CW Community West Bank 48.3% WB Westamerica Bank 50.7% FN First National Bank Alaska 53.9% FS Five Star Bank 69.4% RC River City Bank 87.3%
Loans, year over yearPacific states banks $3B to $10B · 30 June 2026 · no better direction, largest first
median +5.7% CW Community West Bank +47.7% FS Five Star Bank +20.3% CC Coastal Community Bank +19.9% FN First National Bank Alaska +8.9% AB American Business Bank +7.9% RC River City Bank +7.3% Bo Bank of Stockton +4.1% FB Fremont Bank +3.1% RB Royal Business Bank +2.3% CB CTBC Bank Corp. USA +2.2% FM Farmers & Merchants Bank Central California +2.2% WB Westamerica Bank -10.6%

SBA 7(a), FY2008 to FY2026

First National Bank Alaska is the 11th largest 7(a) lender into Alaska of 101, with $16M across 27 loans, 1.4% of everything approved in the state (Alaska Growth Capital Bidco, Inc. leads with $306M). 3 of its 8 markets have had no approvals since before FY2023: an absence in the record, not a stated withdrawal.

Where it lends in Alaska, and where it has gone quietshare movement, FY2023 to FY2025 against FY2020 to FY2022; outlined counties are on the book
Gaining shareLosing shareFlatGone quiet: nothing since FY2023Too thin to read a directionNo record
Every market on the book, largest firstrank and share among every lender in the county, FY2008 to FY2026
CountyApprovedRankShareTrend
Anchorage, AK$8M10th of 771.3%thin
Matanuska Susitna, AK$6M6th of 333.6%thin
Kenai Peninsula, AK$907K11th of 241.4%quiet FY2014
Juneau, AK$730K9th of 161.8%thin
Skagway, AK$455K4th of 48.0%thin
Fairbanks North Star, AK$400K23rd of 320.4%quiet FY2010
Bristol Bay, AK$385K4th of 54.1%thin
Copper River, AK$45K9th of 100.4%quiet FY2011
What it lends to: the five largest industries on the bookshare of book is concentration; share of sector and rank are position, among every 7(a) lender nationally
IndustryLoansApprovedShare of bookShare of sectorRank
Real estate & leasing2$3M19.1%0.03%444th of 1,452
Wholesale trade1$3M18.4%0.01%585th of 1,651
Health care & social assistance5$3M16.3%0.01%769th of 2,172
Retail trade6$2M13.2%0.00%1137th of 2,589
Construction1$2M12.4%0.01%918th of 2,063
7(a) lenders into Alaska, share of approvals since FY2008101 lenders on record; the ten largest and First National Bank Alaska
AG Alaska Growth Capital Bidco, Inc. 26.9% $306M · 333 loans WF Wells Fargo Bank National Associa… 17.1% $194M · 650 loans NB Northrim Bank 8.7% $98M · 288 loans NS Newtek Small Business Finance, In… 6.9% $78M · 61 loans LO Live Oak Banking Company 5.9% $67M · 52 loans KN KeyBank National Association 5.7% $64M · 197 loans NB Newtek Bank, National Association 2.0% $22M · 36 loans HB Hanmi Bank 1.7% $19M · 7 loans HC Harborstone CU 1.6% $18M · 10 loans RL Readycap Lending, LLC 1.5% $17M · 23 loans FN First National Bank Alaska 1.4% $16M · 27 loans

Commercial real estate against capital

Commercial real estate concentrationthe 2006 interagency screens against total risk-based capital; Tier 1 stands in for the 1 CBLR filer; owner-occupied excluded; bold marks a screen met
First National Bank AlaskaRankCohort median
Total CRE against capital, the 300% screen240%9th of 12218%
Construction against capital, the 100% screen48%12th of 1219%
Construction and land development, share of loans10.7%12th of 123.2%
Non-owner-occupied nonfarm nonresidential, share of loans37.2%10th of 1227.5%
Total CRE, the guidance definition, share of loans53.9%10th of 1238.6%
CRE growth over 36 months, the third prong+29.3%9th of 12+14.5%

Among its peers

Where it sits among its peersnavy: the stronger half of each column; amber: the weaker; darker at the ends
InstitutionAssetsROAEfficiencyNPA / loansNet charge-offsAllowance / loansLoans / depositsEquity / assets
River City Bank$6.04B1.2%30.6%0.00%0.00%2.3%85.7%9.4%
Fremont Bank$5.97B1.2%73.4%0.39%0.01%1.6%90.6%7.8%
CTBC Bank Corp. USA$5.87B0.9%59.2%1.55%0.06%1.1%88.0%13.4%
Farmers & Merchants Bank Central California$5.83B1.7%44.3%0.13%0.01%2.1%72.7%11.8%
Westamerica Bank$5.77B1.8%42.5%0.12%0.14%1.6%14.0%10.5%
Coastal Community Bank$5.45B-1.1%68.2%2.27%4.64%5.0%88.0%8.6%
Five Star Bank$5.38B1.6%37.3%0.30%0.07%1.0%94.0%9.8%
First National Bank Alaska$5.12B1.6%49.6%0.47%0.02%0.8%76.8%11.4%
Community West Bank$5.02B0.7%61.6%0.56%0.31%1.4%85.9%13.3%
Bank of Stockton$4.99B6.1%47.6%0.08%0.05%3.2%65.3%19.5%
American Business Bank$4.42B1.5%47.0%0.44%0.00%1.1%79.3%9.9%
Royal Business Bank$4.27B1.2%52.3%0.72%0.01%1.3%95.2%13.5%
Five years, 2021 to 2026same quarter, five years apart; dollars as growth, ratios in points
First National Bank AlaskaCohort median
20212026Change20212026Change
Loans$2.28B$2.83B+24%$2.17B$3.62B+67%
Deposits$3.91B$3.69B-6%$3.42B$4.79B+40%
NPA / loans0.43%0.47%+0.03 pts0.21%0.42%+0.20 pts
Efficiency53.7%49.6%-4.0 pts53.6%48.6%-5.0 pts
ROA1.10%1.64%+0.55 pts1.37%1.34%-0.03 pts

This read was prepared for First National Bank Alaska's board and management from the public record, and is one slice of what Lynx builds for any bank from its own filing: the peer cohort, the capital, liquidity and rate models with the assumptions the institution sets, and a summary report of twenty sections for the board.

The full pack on First National Bank Alaska is prepared on request, and thirty days on the institution's own numbers are open to anyone at the bank.

Ask for the pack

Prepared 7 September 2026
Filing 30 June 2026
Cohort Pacific states banks $3B to $10B
Institution www.fnbalaska.com

Public record only: FFIEC Call Report, 30 June 2026; FDIC data; cohort by New England and asset band; SBA 7(a) FOIA release as of the 2026 file, loans credited to the institution holding them today. Computed from the institution's own Call Report and its peers' as published; no estimate, no adjustment; not a rating, not an audited statement and not a supervisory judgement.
← Back to the catalogue