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Overview / Commentary
907-789-4844
2094 Jordan Avenue
Juneau, AK 99801

Alaska Pacific Bank is headquartered in Juneau and is the 6th largest bank in the state of Alaska. It is also the 3,460th largest bank in the nation. It was established in 1936 and as of March of 2014, it had grown to 54 employees at 5 locations. Alaska Pacific Bank has a C health rating.

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Health

Data for Q1 2014

Institution Health

C

Texas Ratio

GRADE:
C

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Alaska Pacific Bank had $6.14 million in non-current loans and owned real-estate with $16.63 million in equity and loan loss allowances on hand to cover it. This gives Alaska Pacific Bank a Texas Ratio of 36.91% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C-

The Texas Ratio for Alaska Pacific Bank increased slightly from 20.27% as of March 31, 2013 to 36.91% as of March 31, 2014, resulting in a negative change of 82.12%. This indicates that the balance sheet and financial strength for Alaska Pacific Bank has declined slightly in recent periods.

Deposit Growth

GRADE:
C

In the past year, Alaska Pacific Bank has decreased its total deposits by -$2.66 million, resulting in -1.74% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Alaska Pacific Bank has shown is average.

Capitalization

GRADE:
B

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Alaska Pacific Bank has $166.72 million in assets with $16.63 million in equity, resulting in a capitalization level of 9.97%, which is above average.

Institution Statistics

Overall
FDIC Certificate #29849
Year Established1936
Employees54
Primary RegulatorOCC
Assets and Liabilities
Assets$166.72 million
Loans$139.40 million
Deposits$150.30 million
Equity Capital$14.72 million
Loan Loss Allowance$1.91 million
Unbacked Noncurrent Loans$4.37 million
Real Estate Owned$1.77 million
Historic Data - March 2013
Assets$174.02 million
Equity Capital$20.66 million
Loan Loss Allowance$1.94 million
Unbacked Noncurrent Loans$4.37 million
Real Estate Owned$362,000
Profit Margin - Quarterly
Net Interest Margin4.7%
Return on Assets-1.85%
Return on Equity-18.1%
Interest Income$1.98 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Alaska Pacific Bank, we are a rate comparison website and can not provide official rates or promotions.

Alaska Pacific Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.15%$50k-Health Savings Account
0.05%$100-Regular Savings
0.05%$100-IRA Savings
0.05%$100-Roth IRA Savings
0.05%$100-Coverdell Education Savings
0.05%$100-SEP IRA Savings
0.05%$100-Business Regular Savings

Alaska Pacific Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.25%$500k-Preference Money Market
0.25%$500k-Business Preference Money Market
0.15%$25k-Money Market
0.15%$25k-Business Money Market

Alaska Pacific Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.05%$5k-Interest Checking

Alaska Pacific Bank CD Rates

DetailsAPYMINMAXPRODUCT
0.70%$2k-5 Year Fixed-rate CD
0.70%$2k-Business 5 Year Fixed-rate CD
0.60%$2k-4 Year Fixed-rate CD
0.60%$2k-Business 4 Year Fixed-rate CD
0.55%$500-1 Year Gold Minor CD
0.55%$2k-2 Year Fixed-rate CD
0.55%$2k-3 Year Fixed-rate CD
0.55%$2k-Business 2 Year Fixed-rate CD
0.55%$2k-Business 3 Year Fixed-rate CD
0.35%$2k-1.5 Year Fixed-rate CD
0.35%$2k-Business 1.5 Year Fixed-rate CD
0.30%$2k-2.5 Year Variable-rate CD
0.30%$2k-1 Year Fixed-rate CD
0.30%$2k-Business 1 Year Fixed-rate CD
0.30%$2k-Business 2.5 Year Variable-rate CD
0.20%$2k-270-364 Day Fixed-rate CD
0.20%$2k-Business 270-364 Day Fixed-rate CD
0.15%$2k-180-269 Day Fixed-rate CD
0.15%$2k-Business 180-269 Day Fixed-rate CD
0.10%$2k-90-179 Day Fixed-rate CD
0.10%$2k-Business 90-179 Day Fixed-rate CD
0.05%$2k-1 Year Variable-rate CD
0.05%$2k-7-31 Day Fixed-rate CD
0.05%$2k-32-59 Day Fixed-rate CD
0.05%$2k-60-89 Day Fixed-rate CD
0.05%$2k-Business 7-31 Day Fixed-rate CD
0.05%$2k-Business 32-59 Day Fixed-rate CD
0.05%$2k-Business 60-89 Day Fixed-rate CD
0.05%$2k-Business 1 Year Variable-rate CD

Alaska Pacific Bank IRA Rates

DetailsAPYMINMAXPRODUCT
0.70%$2k-5 Year Fixed-rate IRA
0.60%$2k-4 Year Fixed-rate IRA
0.55%$2k-2 Year Fixed-rate IRA
0.55%$2k-3 Year Fixed-rate IRA
0.55%$500-1 Year Gold Minor Coverdell ESA
0.35%$2k-1.5 Year Fixed-rate IRA
0.30%$2k-1 Year Fixed-rate IRA
0.30%$2k-2.5 Year Variable-rate IRA
0.20%$2k-270-364 Day Fixed-rate IRA
0.15%$2k-180-269 Day Fixed-rate IRA
0.10%$2k-90-179 Day Fixed-rate IRA
0.05%$2k-7-31 Day Fixed-rate IRA
0.05%$2k-32-59 Day Fixed-rate IRA
0.05%$2k-60-89 Day Fixed-rate IRA
0.05%$2k-1 Year Variable-rate IRA
Locations


Alaska Pacific Bank Locations
Alaska Pacific Bank2094 Jordan AvenueJuneau, AK 99801
Tongass Branch2442 Tongass AvenueKetchikan, AK 99901
Juneau Downtown Branch301 North Franklin StreetJuneau, AK 99801
Lake Street Branch315 Lincoln StreetSitka, AK 99835
Ketchikan Branch410 Mission StreetKetchikan, AK 99901