FNBA reports assets at historical high.

• Position: Banking - First National Bank Alaska - Brief Article

First National Bank Alaska third quarter earnings were up 3 percent when compared to third quarter 2001, driving year-to-date earnings up 13 percent over the same time last year. D.H. Cuddy, president and chairman, also reported that for the first time in the bank's 80 years in Alaska, total assets reached the $2 billion mark.

Jason Roth, senior vice president, financial division, said third quarter 2002 earnings were $10.5 million or $30.46 per share, up from $10.2 million or $29.17 per share for the third...