Safest Banks in Alaska 2026
Alaska has 4 FDIC-insured banks with an average Bank Health Score of 79/100 (B). The safest bank is First National Bank Alaska with a score of 97/100.
Data from FDIC Q2 2024
Top 4 Banks in Alaska
| # | Bank | City | Grade | Score | Tier 1 Capital | NPL Ratio |
|---|---|---|---|---|---|---|
| 1 | First National Bank Alaska | Anchorage | A | 97 | 19.66% | 0.20% |
| 2 | Denali State Bank | Fairbanks | A | 91 | 15.87% | 0.84% |
| 3 | Northrim Bank | Anchorage | B | 79 | 10.28% | 0.24% |
| 4 | Mt Mckinley Bank | Fairbanks | D | 48 | 0.00% | 1.99% |
Bank Health Scores for Alaska are calculated from FDIC Call Report data including Tier 1 capital ratios, nonperforming loan ratios, liquidity ratios, and return on assets.
Frequently Asked Questions
Based on our Bank Health Score analysis of FDIC data, First National Bank Alaska in Anchorage is currently the safest bank in Alaska with a score of 97/100 (Grade A).
Alaska has 4 FDIC-insured banks with a combined $9.1B in total assets. The average Bank Health Score across the state is 79/100.
The Bank Health Score (0-100) is based on four FDIC-reported metrics: Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%). Higher scores indicate stronger financial health.
Bank Health Scores are computed from quarterly FDIC Call Report data. Tier 1 capital ratio (35%), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).