Alaska National Bank of the North
Fairbanks, AK
$203M
total assets, September 30, 1987
$203M
total assets, September 30, 1987
Alaska National Bank of the North was a national bank in Fairbanks, AK. It failed on Oct 22, 1987, and National Bank Of Alaska took over its deposits. At its last report it held $203.1 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1987
This bank failed
- Failed on
- Oct 22, 1987
- Assets
- $203M
- Deposits
- $200M
- Estimated cost
- $34.3M
- Deposits went to
- National Bank Of Alaska, Anchorage, AK
Total assets
$203M
-23.7% in a year · -11.0% in a quarter
Deposits
$200M
-6.0% in a year · -4.8% in a quarter
Loans
$113M
-25.8% in a year · -4.9% in a quarter
Profit so far
-$16.2M
Jan 1 to Sep 30, 1987
Capital ratio
-2.80%
-8.25 pts in a year
Return on assets
-9.72%
-7.36 pts in a year
Facts
- Type
- National bank
- Head office
- 794 University Avenue, Fairbanks, AK, 99701
- County
- Fairbanks North Star
- Established
- Feb 20, 1940
- Failed
- Oct 22, 1987
- Employees
- 222
- Id
- b17493
Quarter by quarter
March 31, 1984 to September 30, 1987
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Alaska National Bank of the North?
$203.1 million in total assets and $200.2 million in deposits as of September 30, 1987, with assets down 23.7% from a year before. Its loans were $113.5 million.
Is Alaska National Bank of the North profitable?
No: it lost $16.2 million from January 1 to September 30, 1987. Its return on assets was -9.72% a year; about 1% is typical.
When did Alaska National Bank of the North fail?
Oct 22, 1987. National Bank Of Alaska of Anchorage, AK took over its deposits. The estimated cost of the failure was $34.3 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.