First Bank

Ketchikan, AK
IDRSSD: 451068
Total Assets
$881.95M
Latest filing
Total Deposits
$807.53M
Latest filing
Net Interest Margin
3.46%
Profitability

Key People

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Locations

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Main Office
First Bank
331 Dock St
Ketchikan, AK 99901
Full Service - Brick and Mortar
Updated 01/30/2026Established 09/15/1924FDIC Certificate 9320

Branches (8)

Page 1 of 2
NameAddressCity / State
First Bank (Main)331 Dock StKetchikan, AK
TOTEM BRANCH2530 Tongass AveKetchikan, AK
PRINCE OF WALES BRANCH306 Main StreetCraig, AK
PETERSBURG BRANCH103 N Nordic DrPetersburg, AK
SITKA BRANCH203 Lake StSitka, AK
WRANGELL BRANCH224 Brueger StWrangell, AK
JUNEAU BRANCH605 W Willoughby AveJuneau, AK
MENDENHALL BRANCH3075 Vintage BlvdJuneau, AK
Showing 7 of 8

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date09/15/1924
Community BankYes
Ownership TypeNot Mutual
ZIP99901
State and County Number02130
Subchapter S CorporationsYes
Trust PowersN/A
Federal Reserve ID Number12
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictSan Francisco
Core Based Statistical Area NameKetchikan, AK

Operational Info

Number of Employees139
Domestic Offices9
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance11/23/1934
Primary Insurance AgencyDIF
WebsiteWWW.FIRSTBANKAK.COM
Data Updated01/30/2026
CERT14885
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$881.95M
Total Deposits$807.53M
Total Liabilities$809.76M
Total Equity Capital$72.19M
Net Income$2.97M
Net Loans and Leases$231.08M
Assets Per Employee ($Millions)$6.21M
Bank Premises and Fixed Assets$16.34M
Cash and Balances due from Depository Institutions$134.54M
Deposits Held in Domestic Offices$807.53M

Key Performance Ratios

Return on Assets (ROA)1.33%
Return on Equity (ROE)17.11%
Net Interest Margin3.46%
Efficiency Ratio67.48%
Tier 1 Risk-Based Capital Ratio24.605%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.186%
Earning Assets to total Assets96.15%

Income and Expense

Total Interest Income$10.44M
Total Noninterest Income$1.84M
Total Interest Expense$2.99M
Total Noninterest Expense$6.27M
Net Interest Income$7.45M
Pre-tax Net Operating Income$3.02M
Provision for Credit Losses$0
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$2.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$2.23M
Total Liabilities and Capital$881.95M

Securities

Securities$478.43M
Available-for-sale debt securities$478.40M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$10.36M
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First Bank?
$881.95M as of the latest filing.
How much are First Bank's total deposits?
$807.53M in total deposits.
Where is First Bank located?
Ketchikan, AK.
What is the Net Interest Margin?
3.46%.
How many domestic offices does it operate?
9.
When was it established?
09/15/1924.
What is the Return on Assets (ROA)?
1.33%.
How much are total loans and leases?
$231.08M (latest filing).
What is the total interest income (latest filing)?
$10.44M.