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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	156.7	160.19	143.02	112.56	115.18	116.88
Interest Income on Investments	84.13	84.13	71.49	47.46	32	31.8
Total Interest Income	240.83	244.32	214.52	160.02	147.18	148.68
Interest Paid on Deposits	20.81	30.03	18.85	3.89	1.31	1.89
Interest Paid on Borrowings	47.57	47.57	41.19	10.76	0.27	2.02
Total Interest Expense	68.39	77.6	60.04	14.65	1.58	3.91
Net Interest Income	172.45	166.72	154.48	145.37	145.6	144.77
Net Interest Income Growth (YoY)	-	7.92%	6.27%	-0.16%	0.58%	5.79%
Gain (Loss) on Sale of Investments	0.42	0.42	-0.3	-0.06	-14.08	-6.11
Other Non-Interest Income	21.33	21.1	19.78	18.52	17.73	16.36
Total Non-Interest Income	28.7	28.47	25.72	24.92	13.23	19.77
Non-Interest Income Growth (YoY)	-	10.68%	3.21%	88.38%	-33.06%	4.55%
Revenues Before Loan Losses	201.14	195.19	180.2	170.29	158.83	164.53
Provision for Loan Losses	1.3	0.72	-0.93	-1.25	2.43	2.2
Revenue	199.84	194.47	181.13	171.54	156.41	162.34
Revenue Growth (YoY)	-	7.36%	5.59%	9.68%	-3.65%	4.43%
Salaries and Employee Benefits	68.67	68.67	63.65	60.74	63.21	63.31
Occupancy Expenses	7.78	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	25.72	25.47	24.44	22.2	5.66	11.32
Total Non-Interest Expense	104.6	104.35	98.17	93.08	78.25	84.95
EBT Excluding Unusual Items	95.25	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	95.01	89.89	82.67	78.15	77.88	77.14
Income Tax Expense	23.7	22.84	22.66	19.92	19.46	19.61
Net Income	71.31	67.05	60.01	58.24	58.41	57.54
Net Income to Common	71.31	67.05	60.01	58.24	58.41	57.54
Net Income Growth	-	11.73%	3.05%	-0.31%	1.53%	3.40%
Basic Shares Outstanding	3	3	3	3	3	3
Diluted Shares Outstanding	3	3	3	3	3	3
Shares Change (YoY)	1.75%	-	-	-	-0.00%	-0.05%
EPS (Basic)	22.51	21.17	18.95	18.39	18.45	18.17
EPS (Diluted)	22.13	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	9.600	12.800	12.800	12.800	12.800	12.800
Dividend Growth	200.00%	-	-	-	-	-
Effective Tax Rate	24.95%	25.41%	27.41%	25.49%	24.99%	25.42%

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