National Bank of Fairbanks Ranch reported a...
National Bank of Fairbanks Ranch reported a break-even first quarter, compared to a loss of $87,000 for the first quarter ended March 31 last year. The bank, which opened in December, 1984, is not profitable on a monthly basis, officials said. Assets nearly doubled to $20.5 million, and deposits more than doubled to $17.8 million.
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