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First National Bank Alaska Announced Unaudited Results for Fourth Quarter and Year-to-Date 2020

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

SitNews: Salazar joins Rasmuson Foundation board

Salazar joins Rasmuson Foundation board   Sunday PM (SitNews) Ketchikan, Alaska - A lifelong Alaskan and community leader from Ketchikan is joining the Rasmuson Foundation board of directors. Angela Salazar, a member of the Ketchikan Gateway Borough Grant Committee and co-owner of Harbor Point business park, joins the board this month for a three-year term. She replaces Kris Norosz of Petersburg, who has term-limited off after serving since 2015. Salazar grew up raising money for community activities and nonprofits and never stopped. She has held board positions with the PeaceHealth Ketchikan Medical Center Foundation, Greater Ketchikan Chamber of Commerce and Ketchikan-Kanayama Sister City Exchange, and she was a member of First City Rotary. In addition to her role on the borough Grant Committee, she leads the live auction for the hospital foundation’s annual Sole-Stice Event and supports the fundraising efforts of her children’s activities.

Lifelong Alaskan Joins Rasmuson Foundation Board

Jan. 26: Ketchikan is joining the Angela Salazar, a member of the Ketchikan Gateway Borough Grant Committee and co-owner of Harbor Point business park, joins the board this month for a three-year term. She replaces Kris Norosz of Petersburg, who has term-limited off after serving since 2015. Salazar grew up raising money for community activities and nonprofits and never stopped. She has held board positions with the PeaceHealth Ketchikan Medical Center Foundation, Greater Ketchikan Chamber of Commerce and Ketchikan-Kanayama Sister City Exchange, and she was a member of First City Rotary. In addition to her role on the borough Grant Committee, she leads the live auction for the hospital foundation s annual Sole-Stice Event and supports the fundraising efforts of her children s activities.

New business-backed Conquer COVID nonprofit urges Alaskans to not let their guards down yet

Print article Even the main players in a new, business-leaning COVID-19 nonprofit admit it seems like a strange time to form a group with a mission centered on staying safe during the coronavirus pandemic. Two vaccines just got rolled out. Alaska’s daily case counts have dropped to lows not seen since October. Hospitalizations of people with COVID-19 are down. That’s just why the Conquer COVID Coalition is important now, says Jared Kosin, who heads up a statewide hospital association and serves as a co-chair of the new group. “This is a critical point in the pandemic. We all, for the first time, have a sense of hope,” Kosin said Tuesday, the same day Anchorage officials announced that the city would relax some pandemic restrictions on businesses starting Friday. “It’s really easy to become complacent right now because it doesn’t feel like COVID is as scary, it doesn’t feel as threatening.”

Health care, businesses can manage COVID-19 together

December 11th, 2020 |     We have all heard varying arguments and approaches about how to handle the surge in COVID-19 infections; unfortunately for Alaskans, the discussion has turned into an us-versus-them situation. If you listen to the rhetoric, it appears our state faces a stark choice: either save the economy by returning to normal as soon as possible, or shut everything down until the COVID-19 case count drops to zero. This is a false choice. In reality, we must meet in the middle to get through this particularly brutal phase of the pandemic. Like all Alaskans, the members we represent are suffering from COVID-19 fatigue. On the health care side, our system is stressed. Every single day now, we have close to 150 Alaskans in the hospital with COVID-19. Our health care workers are exhausted, and staffing shortages are emerging around the state as caregivers get exposed to COVID-19 in their communities. Rural facilities are overwhelmed, and our elders continue to

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