Market Overview

First National Bank Alaska Declares Dividend for Third Quarter 2018

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At the Board of Directors Meeting held July 26, 2018, First National
Bank Alaska (OTC:FBAK) declared a post-split cash dividend of
$3.20 per share, payable on September 15, 2018, to shareholders of
record as of September 1, 2018.

This decision follows a 10-1 stock split approved at First National Bank
Alaska's annual meeting on April 24, 2018, effective August 10, 2018. It
is the intent of the Board of Directors to increase the bank's annual
dividend per share to $128 per common stock, or $12.80 per common stock
post-split, subject to continued favorable results and other factors the
bank's Board may deem relevant.

Alaskan-owned and operated since 1922, First National proudly meets the
financial needs of Alaskans with ATMs and branches in 18 communities
throughout the state. In 2017, Alaska Business Monthly readers
voted the bank the "Best of Alaska Business" in five categories,
including the Best Place to Work for the second year in a row and best
Customer Service, Corporate Citizen, Family-Owned Business and Alaska Ad
Campaign. In January 2018, MSN.com named First National the most
admired company in the state.

Visit FNBAlaska.com
for more information about Alaska's largest locally-owned bank and
access to efficient and secure online banking services.

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