Alaska First Bank & Trust, National Association in Anchorage, Alaska (AK)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 20, 2007

  • Alaska First Bank & Trust, National Association in Anchorage, Alaska (AK)
  • Show street view No street view available for this location

Alaska First Bank & Trust, National Association - Overview

  • General
  • FDIC Certificate #: 27311
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Northrim Bank (#33216)
    Federal Reserve ID: 1213768
    Date Established: August 03, 1988
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    OTS Docket #: 14154
    FDIC's unique #: 39459
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: August 03, 1988
    Last Structure Change Effective Date: October 20, 2007
    Last Structure Change Process Date: November 09, 2007
    Last Data Update: November 09, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 3301 C Street, Anchorage, AK 99503
    County: Anchorage
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Seattle
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Anchorage, AK (#380)
    Core Based Statistical Area (CBSA): Anchorage, AK (#11260)
    CBSA Metro Statistical Area: Anchorage, AK (#11260)
  • Financial Summary
  • Total assets: $56.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2006)

  • Dollar figures in thousands
  • 31Total employees (full-time equivalent)
  • $57,320Total assets
  • $2,389Cash and due from depository institutions
  • $0Interest-bearing balances
  • $28,472Securities
  • $9,137Federal funds sold & reverse repurchase agreements
  • $13,515Net loans & leases
  • $247Loan loss allowance
  • $0Trading account assets
  • $211Bank premises and fixed assets
  • $0Other real estate owned
  • $1,153Goodwill and other intangibles
  • $1,170Life insurance assets
  • $2,443All other assets
  • $57,320Total liabilities and capital
  • $51,187Total liabilities
  • $47,295Total deposits
  • $29,037Interest-bearing deposits
  • $47,295Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $3,716Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $176All other liabilities
  • $6,133Total equity capital
  • $6,133Total bank equity capital
  • $6,133Perpetual preferred stock
  • $0Common stock
  • $225Surplus
  • $3,838Undivided profits
  • Memoranda
  • $2,070Noncurrent loans and leases
  • $3,136Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $280Average Assets, year-to-date
  • $51,124Average Assets, quarterly
  • $7,917Volatile liabilities
  • $59,435Insider loans
  • $59,067FHLB advances
  • $5,320Loans and leases held for sale
  • $892Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,136Total unused commitments
  • $0Restructured Loans and leases
  • $247Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $2,740Total interest income
  • $702Total interest expense
  • $2,038Net interest income
  • $70Provision for loan and lease losses
  • $1,888Total noninterest income
  • $0Fiduciary activities
  • $199Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,689Additional noninterest income
  • $3,593Total noninterest expense
  • $1,949Salaries and employee benefits
  • $634Premises and equipment expense
  • $1,010Additional noninterest expense
  • $263Pre-tax net operating income
  • $0Securities gains (losses)
  • $51Applicable income taxes
  • $212Income before extraordinary items
  • $0Extraordinary gains - net
  • $212Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $156Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.19%Yield on earning assets
  • 1.33%Cost of funding earning assets
  • 3.86%Net interest margin
  • 3.58%Noninterest income to earning assets
  • 6.81%Noninterest expense to earning assets
  • 0.36%Net operating income to assets
  • 0.36%Return on assets (ROA)
  • 0.44%Pretax return on assets
  • 3.61%Return on equity (ROE)
  • 3.61%Retained earnings to average equity (YTD only)
  • 1.12%Net charge-offs to loans
  • 44.87%Credit loss provision to net charge-offs
  • 2.13%Efficiency ratio
  • 91,518Assets per employee
  • 1.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.79%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 28.58%Net loans and leases to core deposits
  • 29.58%Equity capital to assets
  • 10.70%Core capital (leverage) ratio
  • 9.26%Tier 1 risk-based capital ratio
  • 23.98%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $59,435Average earning assets
  • $5,871Average equity
  • $52,770Average loans

Total Fiduciary and Related Assets (December 31, 2005)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $70Managed Assets
  • 1Number of Accounts
  • $70Personal trust and agency accounts
  • $70Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 2Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Alaska First Bank & Trust, National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents