First National Bank Alaska (FBAK)

FBAK Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	167.89	160.19	143.02	112.56	115.18	116.88
Interest Income on Investments	73.02	84.13	71.49	47.46	32	31.8
Total Interest Income	240.92	244.32	214.52	160.02	147.18	148.68
Interest Paid on Deposits	28.2	30.03	18.85	3.89	1.31	1.89
Interest Paid on Borrowings	35.51	47.57	41.19	10.76	0.27	2.02
Total Interest Expense	63.71	77.6	60.04	14.65	1.58	3.91
Net Interest Income	177.21	166.72	154.48	145.37	145.6	144.77
Net Interest Income Growth (YoY)	14.71%	7.92%	6.27%	-0.16%	0.58%	5.79%
Gain (Loss) on Sale of Investments	0.01	0.42	-0.3	-0.06	-14.08	-6.11
Other Non-Interest Income	21.35	21.1	19.78	18.52	17.73	16.36
Total Non-Interest Income	28.78	28.47	25.72	24.92	13.23	19.77
Non-Interest Income Growth (YoY)	11.90%	10.68%	3.21%	88.38%	-33.06%	4.55%
Revenues Before Loan Losses	205.99	195.19	180.2	170.29	158.83	164.53
Provision for Loan Losses	1.62	0.72	-0.93	-1.25	2.43	2.2
Revenue	204.38	194.47	181.13	171.54	156.41	162.34
Revenue Growth (YoY)	12.83%	7.36%	5.59%	9.68%	-3.65%	4.43%
Salaries and Employee Benefits	70.17	68.67	63.65	60.74	63.21	63.31
Occupancy Expenses	7.56	7.78	7.32	7.01	6.98	7.52
Selling, General & Administrative	2.43	2.43	2.91	2.66	2.34	2.6
Other Non-Interest Expense	25.86	25.47	24.44	22.2	5.66	11.32
Total Non-Interest Expense	106.01	104.35	98.17	93.08	78.25	84.95
EBT Excluding Unusual Items	98.37	90.12	82.96	78.47	78.16	77.39
Asset Writedown	-0.24	-0.24	-0.3	-0.32	-0.28	-0.24
Pretax Income	98.13	89.89	82.67	78.15	77.88	77.14
Income Tax Expense	24.09	22.84	22.66	19.92	19.46	19.61
Net Income	74.04	67.05	60.01	58.24	58.41	57.54
Net Income to Common	74.04	67.05	60.01	58.24	58.41	57.54
Net Income Growth	23.38%	11.73%	3.05%	-0.31%	1.53%	3.40%
Basic Shares Outstanding	-	3	3	3	3	3
Diluted Shares Outstanding	-	3	3	3	3	3
Shares Change (YoY)	-	-	-	-	-0.00%	-0.05%
EPS (Basic)	-	21.17	18.95	18.39	18.45	18.17
EPS (Diluted)	-	21.17	18.95	18.39	18.45	18.17
EPS Growth	-	11.73%	3.05%	-0.31%	1.53%	3.45%
Dividend Per Share	6.400	12.800	12.800	12.800	12.800	12.800
Dividend Growth	-50.00%	-	-	-	-	-
Effective Tax Rate	24.55%	25.41%	27.41%	25.49%	24.99%	25.42%

Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.