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Phase One of Alaska SeaLife Center’s Rocky Coast Discovery Pools Completed
Alaska SeaLife Center
The Alaska SeaLife Center (ASLC) opened phase one of the Rocky Coast Discovery Pools.
Development of the new touch pool exhibit began with design work in 2017. Installation required a complete demolition of the former touch pool originally built in 1998. The new 1,100-gallon exhibit, equipped with six pools, was inspired by similar exhibits at various Association of Zoos and Aquariums facilities in the United States.
The Center is appreciative of generous supporters that made the exhibit possible including ConocoPhillips Alaska, First National Bank Alaska, Matson, Shoreside Petroleum, Petro Marine Services, and the Lindsey Family.
Press release content from Business Wire. The AP news staff was not involved in its creation.
First National Bank Alaska Announces Unaudited Results for First Quarter 2021
May 6, 2021 GMT
ANCHORAGE, Alaska (BUSINESS WIRE) May 5, 2021
First National Bank Alaska’s (OTCQX:FBAK) unaudited net income for first quarter 2021 was $14.0 million, or $4.41 per share. This compares to net income of $14.1 million, or $4.47 per share, for the same period in 2020.
Total interest and loan fee income for first quarter 2021 was $37.1 million, an increase of 0.8% from first quarter 2020 on higher average earning assets. The blended yield on interest-earning assets decreased to 3.23% from 4.01% for the three-month periods ending March 31, 2021 and 2020, respectively. Variable loan repricing, the addition of Small Business Administration Paycheck Protection Program (SBA PPP) loans in 2021, and significant cash and short-term investments held for liquidity resulted in lower yields on earning asset
Press release content from Business Wire. The AP news staff was not involved in its creation.
First National Bank Alaska Announced Unaudited Results for Fourth Quarter and Year-to-Date 2020
February 5, 2021 GMT
ANCHORAGE, Alaska (BUSINESS WIRE) Feb 4, 2021
First National Bank Alaska’s (OTCQX:FBAK) unaudited net income for fourth quarter 2020 was $13.3 million, or $4.19 per share. This compares to a net income of $14.2 million, or $4.49 per share, for the same period in 2019. Unaudited year-to-date net income was $57.5 million, or $18.17 per share, compared to net income of $55.6 million, or $17.56 per share for the same period in 2019.
Total interest and loan fee income for fourth quarter 2020 was $36.2 million, a decrease of 6.2% from fourth quarter 2019 on lower annual yields on earning assets. The blended yield on interest-earning assets decreased to 3.54% from 4.15% for the 12-month periods ending December 31, 2020 and 2019, respectively. Lower yields on earning assets re