First National Bank Alaska: Yields and Funding Costs
Data as of · Call Report Schedules RI and RC-K How we update
What the bank earns on its assets, what it pays for its funding, and the spread between them. Net interest margin is the output of the two: it is the engine of earnings for almost every commercial bank.
Compared with Q1 2026, Total interest expense rose 4.8% in Q2 2026 to $11.5M, the biggest move on this page. Among 5 Alaska banks, First National Bank Alaska sits 3rd from the top on net interest margin, 4.04% as of Q2 2026. First National Bank Alaska reported 4.04% on net interest margin for Q2 2026, 0.33 points above the 3.71% median for banks in the $1B-10B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.96% |
| Yield on loans | 6.58% |
| Yield on securities | 2.77% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.02% |
| Cost of interest-bearing deposits | 1.35% |
| Cost of interest-bearing liabilities | 1.67% |
| Cost of borrowings | 2.43% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.04% |
| Yield to cost spread | 3.29% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $46.4M |
| Total interest expense | $11.5M |
| Interest expense on deposits | $6.7M |
Yields and Funding Costs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Yields and Funding Costs by quarter
| Quarter | Yield on earning assets | Cost of funds | Net interest margin | Loans | Securities |
|---|---|---|---|---|---|
| Q3 2023 | 4.02% | 1.34% | 2.79% | 6.35% | 1.62% |
| Q4 2023 | 4.28% | 1.48% | 2.94% | 6.77% | 1.68% |
| Q1 2024 | 4.28% | 1.66% | 2.76% | 6.40% | 2.36% |
| Q2 2024 | 4.52% | 1.44% | 3.21% | 6.70% | 2.29% |
| Q3 2024 | 4.74% | 1.72% | 3.18% | 6.85% | 2.80% |
| Q4 2024 | 4.73% | 1.52% | 3.34% | 6.72% | 2.73% |
| Q1 2025 | 4.61% | 1.09% | 3.63% | 6.52% | 2.18% |
| Q2 2025 | 4.73% | 1.09% | 3.75% | 6.65% | 2.23% |
| Q3 2025 | 4.87% | 1.08% | 3.90% | 6.82% | 2.47% |
| Q4 2025 | 4.91% | 1.02% | 3.99% | 6.78% | 2.75% |
| Q1 2026 | 4.87% | 0.98% | 3.98% | 6.53% | 2.67% |
| Q2 2026 | 4.96% | 1.02% | 4.04% | 6.58% | 2.77% |
First National Bank Alaska yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock First National Bank Alaska, freeSource: Call Report Schedules RI and RC-K, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full First National Bank Alaska profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 16130) · FFIEC NIC profile (RSSD 114260)