Alaska Pacific Bancshares, Inc. is a unitary savings and loan holding company for Alaska Pacific Bank (the Bank). The Bank’s business consists primarily of attracting retail deposits from the general public and using those funds to originate one-to-four-family mortgage loans, commercial business loans, consumer loans, construction loans and commercial real estate loans. The Bank provides a range of financial services to individuals and small businesses in Southeast Alaska. The Bank’s financial services include accepting deposits from the general public and making residential and commercial real estate loans, consumer loans, and commercial loans. The Bank also originates, sells, and services residential mortgage loans under several federal and state mortgage-lending programs. In April 2014, Northrim BanCorp Inc completed the acquisition of Alaska Pacific Bancshares, Inc. and wholly owned subsidiary, Alaska Pacific Bank.