Bank · FDIC insured
First Bank of Alaska
A $889.9M bank headquartered in Ketchikan, AK, with 9 branches in Alaska. Best rates: CDs 3.56% and savings 0.15% APY.
First Bank of Alaska Carrot Score
61
Carrot Score
Higher than 4% of U.S. banks and credit unions
#6 of 7 in Ketchikan, AK metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About First Bank of Alaska
Founded in 1924, First Bank is headquartered in Ketchikan, Alaska, where it operates as the only commercial bank based in Southeast Alaska.
The locally owned and operated bank serves Southeast Alaska, providing financial services to individuals and businesses across the region.
- Headquarters
- 331 Dock St, Ketchikan, AK 99901
- FDIC certificate
- 14885 ↗
Branches
9 branches in Alaska
Loading map…
Alaska
9 branches
Ketchikan area · 3
- First BankMain office331 Dock St, Ketchikan, AK 99901Directions
- First Bank Financial Center2030 Sea Level Dr, Ketchikan, AK 99901Directions
- Totem Branch2530 Tongass Ave, Ketchikan, AK 99901Directions
Juneau area · 2
- Juneau Branch605 W Willoughby Ave, Juneau, AK 99801Directions
- Mendenhall Branch3075 Vintage Blvd, Juneau, AK 99801Directions
Craig area · 1
- Prince Of Wales Branch306 Main Street, Craig, AK 99921Directions
Petersburg area · 1
- Petersburg Branch103 N Nordic Dr, Petersburg, AK 99833Directions
Sitka area · 1
- Sitka Branch203 Lake St, Sitka, AK 99835Directions
Wrangell area · 1
- Wrangell Branch224 Brueger St, Wrangell, AK 99929Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 10.16% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.03% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.22% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $30 | $81 | — |
- CapitalLeverage ratio10.16%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.03%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.22%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$30Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of First Bank of Alaska are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.