Alliance Bank
Anchorage, AK · Owner: Alliance Bcorp
$779M
total assets, December 31, 1988
$779M
total assets, December 31, 1988
Alliance Bank was a state nonmember bank in Anchorage, AK, owned by Alliance Bcorp. It failed on Apr 21, 1989, and National Bank Of Alaska took over its deposits. At its last report it held $779.0 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1988
This bank failed
- Failed on
- Apr 21, 1989
- Assets
- $779M
- Deposits
- $797M
- Estimated cost
- $75.9M
- Deposits went to
- National Bank Of Alaska, Anchorage, AK
- Rescued on
- Jan 28, 1988
- Assets
- $1.2B
- Deposits
- $925M
- Estimated cost
- $171M
- How
- National Bank Of Alaska, Anchorage, AK
It also received outside help once before.
Total assets
$779M
-34.2% in a year · -19.8% in a quarter
Deposits
$797M
-13.8% in a year · -4.3% in a quarter
Loans
$514M
-17.3% in a year · -10.1% in a quarter
Profit so far
-$137M
Jan 1 to Dec 31, 1988
Capital ratio
-15.56%
-15.49 pts in a year
Return on assets
-13.38%
+14.21 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1500 West Benson Boulevard, Anchorage, AK, 99509
- County
- Anchorage
- Holding company
- Alliance Bcorp
- Established
- Dec 14, 1961
- Failed
- Apr 21, 1989
- Employees
- 475
- Id
- b18462
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 Alliance Bank?
$779.0 million in total assets and $797.2 million in deposits as of December 31, 1988, with assets down 34.2% from a year before. Its loans were $514.3 million.
Is Alliance Bank profitable?
No: it lost $137.0 million from January 1 to December 31, 1988. Its return on assets was -13.38% a year; about 1% is typical.
Who owns Alliance Bank?
Alliance Bank is owned by Alliance Bcorp, its holding company.
When did Alliance Bank fail?
Apr 21, 1989. National Bank Of Alaska of Anchorage, AK took over its deposits. The estimated cost of the failure was $75.9 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.