First Interstate Bank of Alaska
Anchorage, AK · Owner: First Interstate Corp of Ak
$368M
total assets, September 30, 1987
$368M
total assets, September 30, 1987
First Interstate Bank of Alaska was a state nonmember bank in Anchorage, AK, owned by First Interstate Corp of Ak. It failed on Dec 11, 1987, and National Bank Of Alaska took over its deposits. At its last report it held $367.7 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1987
This bank failed
- Failed on
- Dec 11, 1987
- Assets
- $368M
- Deposits
- $359M
- Estimated cost
- $104M
- Deposits went to
- National Bank Of Alaska, Anchorage, AK
Total assets
$368M
-12.2% in a year · +2.3% in a quarter
Deposits
$359M
-3.7% in a year · +6.9% in a quarter
Loans
$206M
-17.6% in a year · -6.2% in a quarter
Profit so far
-$15.4M
Jan 1 to Sep 30, 1987
Capital ratio
0.72%
-6.60 pts in a year
Return on assets
-5.56%
-4.28 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 712 West Fourth Avenue, Anchorage, AK, 99510
- County
- Anchorage
- Holding company
- First Interstate Corp of Ak
- Established
- May 25, 1946
- Failed
- Dec 11, 1987
- Employees
- 220
- Id
- b17334
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 First Interstate Bank of Alaska?
$367.7 million in total assets and $358.9 million in deposits as of September 30, 1987, with assets down 12.2% from a year before. Its loans were $206.4 million.
Is First Interstate Bank of Alaska profitable?
No: it lost $15.4 million from January 1 to September 30, 1987. Its return on assets was -5.56% a year; about 1% is typical.
Who owns First Interstate Bank of Alaska?
First Interstate Bank of Alaska is owned by First Interstate Corp of Ak, its holding company.
When did First Interstate Bank of Alaska fail?
Dec 11, 1987. National Bank Of Alaska of Anchorage, AK took over its deposits. The estimated cost of the failure was $104.4 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.