First National Bank Alaska Announces Unaudited Results for Second Quarter 2021
First National Bank Alaskas (OTCQX:FBAK) unaudited net income for second quarter 2021 was $13.7 million, or $4.33 per share.
- First National Bank Alaskas (OTCQX:FBAK) unaudited net income for second quarter 2021 was $13.7 million, or $4.33 per share.
- Total interest and loan fee income for second quarter 2021 was $35.8 million, a decrease of 6.8% from second quarter 2020 on lower annual yields on earning assets.
- Noninterest income for second quarter 2021, excluding realized investment gains and losses, increased 8.4% from second quarter 2020 due to an increase in bankcard fee income generated by a higher volume of interchange activity.
- Noninterest expenses for second quarter 2021 increased 0.1% when compared to second quarter 2020.