Financial strength ranking · Alaska · Call Report data as of Q2 2026

Best Banks in Alaska by Financial Strength

First National Bank Alaska ranks first among the 5 banks headquartered in Alaska we score, with a financial strength score of 67.5 out of 100 as of June 30, 2026. The score averages each bank's national percentile on four Call Report ratios: return on assets, efficiency ratio, Tier 1 leverage ratio and nonperforming assets ratio.

Ranked first: First National Bank Alaska
Its score: 67.5 of 100
Banks scored in Alaska: 5
Its return on assets: 1.63%

Every scored bank in Alaska

Select a column heading to sort. Score is 0 to 100, where 100 would be the best US bank on all four ratios; ratios for Q2 2026.

Banks headquartered in Alaska ranked by financial strength score, with total assets, return on assets, efficiency ratio, Tier 1 leverage ratio and nonperforming assets ratio.

1	First National Bank Alaska Anchorage	67.5	1.63%	49.09%	11.95%	0.29%	$5.12B
2	Northrim Bank Anchorage	54.2	2.07%	56.34%	10.26%	0.71%	$3.40B
3	First Bank Ketchikan	53.8	1.43%	66.50%	10.16%	0.01%	$889.9M
4	Denali State Bank Fairbanks	49.1	1.56%	58.47%	11.65%	1.45%	$522.6M
5	MT. McKinley Bank Fairbanks	41.7	0.74%	75.64%	18.85%	0.58%	$635.2M

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How the score works

Each bank gets a percentile on each of four ratios, measured against every US bank that filed a Call Report for the quarter and turned so that higher is always better: 100 is the best bank in the country on that ratio and 0 the weakest. The score is the plain average of the four percentiles; 3,583 banks nationwide are scored.

Return on assets: higher is better.
Efficiency ratio: lower is better.
Tier 1 leverage ratio: higher is better.
Nonperforming assets ratio: lower is better.

A bank is scored when it is ranked on all four of those leaderboards: at least $100 million in total assets, open, a lending institution, and a quarter not driven by gains or losses on equity securities. Banks are listed by headquarters state.

Frequently asked questions

What is the best bank in Alaska?

By our financial strength score, First National Bank Alaska of Anchorage ranks first among the 5 scored banks headquartered in Alaska, scoring 67.5 out of 100 for Q2 2026: return on assets of 1.63%, an efficiency ratio of 49.09%, a Tier 1 leverage ratio of 11.95% and nonperforming assets of 0.29% of total assets. Northrim Bank and First Bank rank second and third.

How are the best banks in Alaska ranked?

Each bank is placed on four Call Report ratios against every US bank that filed for the quarter: return on assets and the Tier 1 leverage ratio, where higher is better, and the efficiency ratio and the nonperforming assets ratio, where lower is better. Each placement is a percentile from 0 to 100, and the score is their average. Only banks with at least $100 million in assets that are ranked on all four ratios are scored, 3,583 banks nationwide.

Does this ranking say which bank I should open an account with?

No. The score reads only what a bank files with its regulators: earnings, cost control, capital and problem assets. It does not measure deposit rates, fees, branches, apps or service, which matter most when choosing a bank for an account, and it is not a safety rating. FDIC insurance protects deposits at insured banks up to the legal limit regardless of a bank's score.

More in Alaska

Largest banks in Alaska Bank deposits in Alaska Largest credit unions in Alaska Return on assets ranking Efficiency ratio ranking Tier 1 leverage ratio ranking Nonperforming assets ratio ranking All rankings

Source: FFIEC Call Reports for Q2 2026, refreshed as each quarter's filings are processed. A ranking is not a safety rating: FDIC insurance covers deposits at insured banks up to the legal limit, whatever the score. Check your coverage with the FDIC insurance calculator.