BNET Industries
Market Cap:$581.3M
Last Fiscal Year Sales:$143.1M
- Public
- US
Dow Jones Description
National Commercial Banks
Chairman & President
D. CuddyNumber of Employees 800
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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First National Bank Alaska Declares Dividend for Fourth Quarter
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Deadline nears for disaster assistance
News & Analysis
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first national bank alaska - All News and Analysis
First National Bank Alaska Declares Dividend for Second Quarter 2008
ANCHORAGE, Alaska -- At the Board of Directors Meeting held April 24, 2008, First National Bank Alaska (OTCBB:FBAK) declared a cash dividend of $25.00 per share, payable on June 15, 2008, to shareholders of record as of June 1, 2008.
First National Bank Alaska Declares Cash Dividend for First Quarter 2008
ANCHORAGE, Alaska -- At the Board of Directors Meeting held January 31, 2008, First National Bank Alaska (OTCBB:FBAK) declared a cash dividend of $25.00 per share, payable on March 15, 2008, to shareholders of record as of March 1, 2008.
First National Bank Alaska Declares Dividend for Third Quarter 2007
ANCHORAGE, Alaska -- At the Board of Directors Meeting held July 26, 2007, First National Bank Alaska (OTCBB:FBAK) declared a cash dividend of $25.00 per share, payable on September 15, 2007, to shareholders of record as of September 1, 2007.
First National Bank Alaska Declares Dividend Amount for Fourth Quarter 2006
ANCHORAGE, Alaska -- At the Board of Directors Meeting held October 31, 2006, First National Bank Alaska declared a cash dividend of $25.00 per share payable on December 15, 2006, to shareholders of record as of December 1, 2006.
First National Bank Alaska Declares Fourth Quarter Dividend Amount
ANCHORAGE, Alaska -- First National Bank Alaska Declares Fourth Quarter Dividend Amount. At the Board of Directors Meeting held October 27, 2005, First National Bank Alaska (OTCBB:FBAK) declared a cash dividend of $25.00 per share payable on December 15, 2005, to shareholders of record as of December 1, 2005.
First National Bank Alaska Announces Cash Dividend
ANCHORAGE, Alaska -- First National Bank Alaska (OTCBB:FBAK): At the Board of Directors Meeting held October 21, 2004, a cash dividend of $25.00 per share was declared payable on December 15, 2004, to shareholders of record as of December 1, 2004.
First National Bank Alaska Announces Cash Dividend
ANCHORAGE, Alaska -- First National Bank Alaska (OTCBB:FBAK): At the Board of Directors Meeting held July 29, 2004, a cash dividend of $25.00 per share was declared payable on September 15, 2004, to shareholders of record as of September 1, 2004.
First National Bank Alaska Declares Dividend
Business Editors
First National Bank Alaska Declares Dividend
Business Editors ANCHORAGE, Alaska--BUSINESS WIRE--Nov. 1, 2002 At the Board of Directors Meeting held Oct. 31, 2002, a cash dividend of $10.00 per share was declared payable on Dec. 15, 2002, to shareholders of record as of Dec. 1, 2002.
First National Bank Alaska Declares Dividend
Business Editors ANCHORAGE, Alaska--BUSINESS WIRE--July 29, 2002 First National Bank Alaska (OTCBB:FBAK) announced at the board of directors meeting held July 25, 2002, a cash dividend of $10 per share was declared payable on Sept. 15, 2002, to shareholders of record as of Sept. 1, 2002.
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Betsy Lawer | Chief Operating Officer |
| Bill Inscho | Senior Vice President |
| Bill McGrew | Senior Vice President, Commercial Loan Division |
| Craig Thorn | Senior Vice President |
| David Lawer | Senior Vice President |
| David Stringer | Senior Vice President |
| Debra Wilson | Senior Vice President |
| Doug Longacre | Senior Vice President |
| Jason Roth | Senior Vice President |
| Sue Foley | Senior Vice President |
| Steve Brown | Vice President |
| Bill Renfrew | Senior Vice President, Regl Manager Interior Alaska |
| Charles Weimer | Senior Vice President & Regional Manager |
| George Bailey | |
| Margy Johnson |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| D. Cuddy | Chairman & President |
| Dr Maurice Coyle | Board Member |
| George E Gordon | Board Member |
| John T Kelsey | Board Member |
| Loren H Lounsbury | Board Member |
| Organization | Position | Status |
|---|---|---|
| First National Bank Alaska | Chairman & President | Current |
| First National Corporation | Former |
As a third generation Alaskan banker, Lawer grew up with many of Alaska's business and community leaders. She learned the banking business literally at her father's knee, earned her degree from Duke University, and returned to work her way up to the leadership position she holds today.
| Organization | Position | Status |
|---|---|---|
| First National Bank Alaska | Chief Operating Officer | Current |
Soon after he completed his college education in business, Inscho joined the financial industry and has been a banker for nearly 30 years. He is now a member of the First National Senior Loan Committee, and currently works in Corporate Lending in Anchorage.
| Organization | Position | Status |
|---|---|---|
| First National Bank Alaska | Senior Vice President | Current |
| First National Corporation | member | Former |
| Organization | Position | Status |
|---|---|---|
| First National Bank Alaska | Senior Vice President, Commercial Loan Division | Current |
A lifelong Alaskan, Thorn is heavily involved in the local community. His volunteer and leadership experience with various organizations in the Matanuska Valley area helps him in his current position as he oversees bank operations in Eagle River, Palmer and Wasilla.
| Organization | Position | Status |
|---|---|---|
| First National Bank Alaska | Senior Vice President | Current |
Lawer came to Alaska more than 30 years ago, working construction to help pay his way through college and law school. When he returned to Alaska, Lawer specialized in commercial and banking law. He has served as the bank's counsel for 24 years.
| Organization | Position | Status |
|---|---|---|
| First National Bank Alaska | Senior Vice President | Current |
This third generation native of Juneau and University of Alaska graduate worked his way through the bank's trainee program in the 1970s while serving in the Alaska National Guard. He has served in various areas of the bank, including the Kodiak and Seward branches.
| Organization | Position | Status |
|---|---|---|
| First National Bank Alaska | Senior Vice President | Current |
| University of Alaska | Former |
A lifelong Alaskan and third-generation First National stockholder, Wilson grew up just down the street from First National's Main Branch in Anchorage. While attending college she worked as a teller at a small local bank, then joined First National as an audit trainee in 1982. Today she manages the bank's Electronic Data Processing Division.
| Organization | Position | Status |
|---|---|---|
| First National Bank Alaska | Senior Vice President | Current |
| First National Bank Alaska | Teller | Former |
| First National Corporation | Former |
Longacre's grandparents mined the gold fields north of Fairbanks in 1902. Today, Longacre continues that tradition by mining the potential of Alaskan businesses. The West Anchorage High graduate worked his way through college doing construction work before joining the bank in 1974.
| Organization | Position | Status |
|---|---|---|
| First National Bank Alaska | Senior Vice President | Current |
Roth, born in Seward, is a second generation Alaskan banker. He has worked for the bank in Seward, Anchorage and Juneau. His formal training at the University of Arizona prepared him to focus on the funds, accounting and audit areas of banking.
| Organization | Position | Status |
|---|---|---|
| First National Bank Alaska | Senior Vice President | Current |
A banker for more than 33 years, Foley has worked in all areas of banking. She joined First National in 1974 as a teller and has worked in Juneau and Anchorage branches. She has served as supervisor, operations assistant, branch manager, Human Resource manager and cashier. Her experience in bank operations enables her to efficiently manage all physical assets of the bank.
| Organization | Position | Status |
|---|---|---|
| First National Bank Alaska | Senior Vice President | Current |
| First National Corporation | Teller | Former |
| Organization | Position | Status |
|---|---|---|
| First National Bank Alaska | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| First National Bank Alaska | Senior Vice President, Regl Manager Interior Alaska | Current |
Weimer worked in Alaska's canneries, the Yukon River fishery and Interior construction to earn his way through college. Upon graduation, Weimer joined the bank's management trainee program, working in Anchorage before finding a permanent home on the Kenai Peninsula in 1984, where he serves as regional manager.
| Organization | Position | Status |
|---|---|---|
| First National Bank Alaska | Senior Vice President & Regional Manager | Current |
| Organization | Position | Status |
|---|---|---|
| First National Bank Alaska | Current | |
| The Alaska State Chamber of Commerce | Former | |
| First National Corporation | Former |
| Organization | Position | Status |
|---|---|---|
| First National Bank Alaska | Current |
Coyle graduated from St. Louis University Medical School in 1961, and seven years later came to Anchorage to join the staff of the Alaska Native Medical Center. He served as the director of radiology at Providence Alaska Health Systems until his retirement in 2000, and returned from retirement in 2003. He joined First National's board of directors in 1991.
| Organization | Position | Status |
|---|---|---|
| First National Bank Alaska | Board Member | Current |
| First National Corporation | Former | |
| Saint Louis University | Former |
In 1962, Gordon graduated from the University of Alaska Fairbanks with a degree in Electrical Engineering. The president and CEO of Fairbanks-based Utility Services of Alaska, Inc., he has over thirty years' experience with utility management in arctic climates. He sits on the National Association of Water Companies board of directors and was recently named the 2000 Business Leader of the Year by the UAF School of Management's Associated Students of Business.
| Organization | Position | Status |
|---|---|---|
| First National Bank Alaska | Board Member | Current |
| Fairbanks Company, Inc. | President and CEO | Former |
| University of Alaska | degree in Electrical Engineering | Former |
| University of Alaska Fairbanks | Former |
Kelsey grew up in Valdez with Dan Cuddy and his brother David Cuddy, leaving in 1938 to attend Stanford University. After four years in the Navy during WWII, he returned to Valdez to help manage the family business, the Valdez Dock Company. He played an instrumental role in rebuilding Valdez after the 1964 earthquake and in making Valdez the terminus for the trans-Alaska oil pipeline. A First National board member since 1976, Kelsey was named the 1978 Outstanding Alaskan by the Alaska Chamber of Commerce.
| Organization | Position | Status |
|---|---|---|
| First National Bank Alaska | Board Member | Current |
An Alaskan since age 10, Lounsbury received his degree in Civil Engineering from Oregon State University. Returning to Alaska in the late 1950s, he foresaw the coming economic boom in the new state and opened his own engineering and survey firm. A First National board member since 1976, he has served on the boards of numerous Alaska non-profit agencies.
| Organization | Position | Status |
|---|---|---|
| First National Bank Alaska | Board Member | Current |
| Oregon State University | degree in Civil Engineering | Former |
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