First National Bank Alaska: how it compares with its peers
Against 342 U.S. banks with half to twice its assets, First National Bank Alaska's strongest measure in Q2 2026 is return on assets (1.65% vs. a 1.31% peer median). Its weakest relative measure is assets per employee ($8.1M vs. $9.7M).
| Measure | First National Bank Alaska | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.65% | 1.31% | Top third Ahead of 77% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.02% | 3.66% | Top third Ahead of 72% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 49.63% | 56.26% | Top third Ahead of 73% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.1M | $9.7M | Bottom third Ahead of 30% of peers |
| Loans to deposits Net loans and leases over total deposits. | 76.18% | 88.89% | Context |
What it means for lending operations
Its efficiency ratio of 49.63% is better than the 56.26% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- Vantage Bank Texas San Antonio, TX · $5.14B
- Community Bank of Mississippi Flowood, MS · $5.09B
- Barrington Bank & Trust Company, National Association Barrington, IL · $5.17B
- Southern Bank Poplar Bluff, MO · $5.19B
- Community West Bank Fresno, CA · $5.02B
- Northeast Bank Portland, ME · $5.23B
Questions about First National Bank Alaska
How big is First National Bank Alaska?
First National Bank Alaska, established in 1922, is headquartered in Anchorage, AK. It reported $5.12B in total assets in its Q2 2026 FDIC call report and operates 27 offices.
What is First National Bank Alaska's return on assets?
1.65% annualized in Q2 2026, against a 1.31% median for 342 U.S. banks with half to twice its assets, ahead of 77% of them.
What is First National Bank Alaska's efficiency ratio?
49.63% in Q2 2026: it spent about 50 cents in noninterest expense for each dollar of revenue. The peer median is 56.26%, and lower is better.
Is First National Bank Alaska growing its loans?
Net loans grew 8.9% over the year to Q2 2026, while deposits grew 2.8%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are U.S. banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Alaska bank ranked.