Alaska Statebank
Anchorage, AK · Owner: Alaska Bcorp
$90.8M
total assets, December 31, 1988
$90.8M
total assets, December 31, 1988
Alaska Statebank was a state nonmember bank in Anchorage, AK, owned by Alaska Bcorp. It failed on Feb 3, 1989, and Key Bank Of Alaska took over its deposits. At its last report it held $90.8 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1988
This bank failed
- Failed on
- Feb 3, 1989
- Assets
- $90.8M
- Deposits
- $96.9M
- Estimated cost
- $17.3M
- Deposits went to
- Key Bank Of Alaska, Anchorage, AK
Total assets
$90.8M
-26.2% in a year · -20.2% in a quarter
Deposits
$96.9M
-9.9% in a year · -11.9% in a quarter
Loans
$46.9M
-34.0% in a year · -21.4% in a quarter
Profit so far
-$15.4M
Jan 1 to Dec 31, 1988
Capital ratio
-8.61%
-14.59 pts in a year
Return on assets
-14.02%
-9.44 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Fifth And E Streets, Anchorage, AK, 99510
- County
- Anchorage
- Holding company
- Alaska Bcorp
- Established
- Mar 29, 1961
- Failed
- Feb 3, 1989
- Employees
- 99
- Id
- b18363
Quarter by quarter
March 31, 1984 to December 31, 1988
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 Statebank?
$90.8 million in total assets and $96.9 million in deposits as of December 31, 1988, with assets down 26.2% from a year before. Its loans were $46.9 million.
Is Alaska Statebank profitable?
No: it lost $15.4 million from January 1 to December 31, 1988. Its return on assets was -14.02% a year; about 1% is typical.
Who owns Alaska Statebank?
Alaska Statebank is owned by Alaska Bcorp, its holding company.
When did Alaska Statebank fail?
Feb 3, 1989. Key Bank Of Alaska of Anchorage, AK took over its deposits. The estimated cost of the failure was $17.3 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.