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Overview / Commentary
500 Fourth Ave
Fairbanks, AK 99701

Mt. McKinley Bank is headquartered in Fairbanks and is the 4th largest bank in the state of Alaska. It is also the 1,921st largest bank in the nation. It was established in 1965 and as of December of 2013, it had grown to 78 employees at 5 locations. Mt. McKinley Bank has a A+ health rating.

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Health

Data for Q4 2013

Institution Health

A+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Mt. McKinley Bank had $0 in non-current loans and owned real-estate with $70.38 million in equity and loan loss allowances on hand to cover it. This gives Mt. McKinley Bank a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Deposit Growth

GRADE:
A

In the past year, Mt. McKinley Bank has increased its total deposits by $9.61 million, resulting in 3.71% 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 Mt. McKinley Bank has shown is excellent.

Capitalization

GRADE:
A+

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. Mt. McKinley Bank has $339.94 million in assets with $70.38 million in equity, resulting in a capitalization level of 20.70%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #19525
Year Established1965
Employees78
Primary RegulatorFDIC
Assets and Liabilities
Assets$339.94 million
Loans$115.23 million
Deposits$268.83 million
Equity Capital$68.70 million
Loan Loss Allowance$1.68 million
Real Estate Owned$0
Historic Data - December 2012
Assets$328.09 million
Equity Capital$66.53 million
Loan Loss Allowance$1.76 million
Unbacked Noncurrent Loans$0
Real Estate Owned$85,000
Profit Margin - Quarterly
Net Interest Margin3.81%
Return on Assets1.11%
Return on Equity5.47%
Interest Income$11.91 million
Rates

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Locations


Mt. McKinley Bank Locations
Northeast Branch1248 Old Steese HighwayFairbanks, AK 99701
Delta Junction Branch1380 Richardson HighwayDelta Junction, AK 99737
University Avenue Branch1380 University AvenueFairbanks, AK 99709
North Pole45 St. Nicholas DriveFairbanks, AK 99701
Mt. Mckinley Bank500 Fourth AveFairbanks, AK 99701