Skip to main content
bank

First Bank

Ketchikan, AK · Est. 1924 · Website ↗
A
Trust Grade
Excellent
Score: 91/100

First Bank is a bank based in Ketchikan, Alaska, established in 1924, with $857 million in total assets across 9 branches. By Trust Grade it ranks 5th of 5 banks we track in Alaska. Its capital ratio of 8.0% trails most similarly sized banks (16th percentile), versus a Alaska median of 11.2%. It was profitable over the most recent period, with a 1.02% return on assets. No consumer complaints against First Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$857.3M
$100M–1B institution
Deposits
$786.4M
Branches
9
Capital ratio
8.0%
Bottom 16% of $100M–1B peers · Alaska median 11.2%
Return on assets
1.0%
Bottom 39% of $100M–1B peers · Alaska median 1.37%
Rank in Alaska
#5
of 5 banks

How First Bank compares to Alaska peers

Capital ratio
Bottom 16% of $100M–1B peers
First Bank
8.0%
Alaska median
11.2%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 39% of $100M–1B peers
First Bank
1.0%
Alaska median
1.4%
Higher ROA = more profitable relative to asset base

How we graded First Bank

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
91/100
Customer experience
n/a
Overall
A · 91
  • Well-capitalized (8.0% capital ratio)
  • Strongly profitable (ROA 1.02%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for First Bank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (9)

  • 2530 Tongass Ave, Ketchikan, AK 99901
  • 306 Main Street, Craig, AK 99921
  • 103 N Nordic Dr, Petersburg, AK 99833
  • 203 Lake St, Sitka, AK 99835
  • 224 Brueger St, Wrangell, AK 99929
  • 605 W Willoughby Ave, Juneau, AK 99801
  • 3075 Vintage Blvd, Juneau, AK 99801
  • 2030 Sea Level Dr, Ketchikan, AK 99901
  • 331 Dock St, Ketchikan, AK 99901

Are deposits at First Bank insured?

Yes. First Bank is an FDIC-insured bank (FDIC certificate #14885). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

First Bank: frequently asked questions

Is First Bank a good bank?

First Bank earns a Bankzia Trust Grade of A (91/100, "Excellent"), based on a financial-strength score of 91/100 (it has no CFPB complaints on record). Well-capitalized (8.0% capital ratio); Strongly profitable (ROA 1.02%).

Is First Bank FDIC-insured?

Yes. First Bank is a FDIC-insured bank (FDIC certificate #14885). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is First Bank?

First Bank holds $857 million in total assets, ranking 5th of 5 banks we track in Alaska. It operates 9 branches.

Does First Bank have CFPB complaints?

No CFPB complaints against First Bank appear in our data over the analysis window, which is typical for a bank of this size.

Similar Banks

Mt. Mckinley Bank
bank · Fairbanks, AK · $631M assets
Denali State Bank
bank · Fairbanks, AK · $517M assets
Northrim Bank
bank · Anchorage, AK · $3.3B assets
First National Bank Alaska
bank · Anchorage, AK · $5.1B assets
Liberty Bank For Savings
bank · Chicago, IL · $858M assets
Greenfield Co-Operative Bank
bank · Greenfield, MA · $858M assets

Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

From the Blog

View all guides →