William G. Moran Jr.

Governor Frank Murkowski appointed William G. Moran (Bill) to the Board of Trustees of the Alaska Permanent Fund Corporation on November 15, 2006 for a four year term. He serves until July 2010.

Relationship with Senator Lisa Murkowski

2/17/10

First Bank Ketchikan Board of Directors

• William G. Moran, Jr., Chairman of the Board, President, and Chief Executive Officer
• James C. Sarvela, Vice President & CFO
• Sheila J. Kleinschmidt, AVP and Corporate Secretary (First Bank Holding Company)
• David H. Anderes, Anderes Oil Company
• Michael J. Cessnun
• Michael J. Elerding
• R. D. Jensen, Emeritus
• Agnes C. Moran
• Joseph M. Moran, Attorney
• Kay D. Sims, Owner, Best Western Landing Hotel
• Eileen Murkowski Van Wyhe (daughter of Frank Murkowski and sister of Senator Lisa Murkowski).

First Bank is the only commercial bank with headquarters in southeast Alaska and has been in business since 1924. It currently operates nine offices in six southeastern Alaska communities including Ketchikan, Craig, Petersburg, Wrangell, Sitka, and Juneau per site. Please review some of the background of this bank here (loads slowly). First Bank is listed as a Financial Holding Company of the Federal Reserve Board as of February 2, 2010 with its Regulatory Federal Reserve District in San Francisco per site.

Mr. Moran’s office is at 2030 Sea Level Drive, Suite 300, P.O. Box 7920, Ketchikan, AK 99901, 907-228-4202 (phone) 800-478-6101 (toll free), 907-225-9130 (fax). Agent for Service of Process is DeLisio Moran Geraghty & Zobel, PC.

“2009 Alaska Directory of Banks and Financial Institutions” lists First Bank as a State Bank Page 11 as well as a State Bank Holding Company Page 15. Page 69 states that on 10/25/80 First Bank converted to a state chartered bank and on 3/8/89 First Bancorp, Inc. was issued a Certificate of Authority to operate as a bank holding company. According to Mr. Moran’s APOC 2009 Financial Disclosure Statement, he earned $291,934.00 as a salary (Page 2 of 15) and his Dividends and Interest were $557,675.00 (Page 5 of 15) for a total of $849,609.00 from First Bank.

Mr. Moran’s APOC Initial Financial Disclosure Statement showed First Bank’s Investment Portfolio as of December 20, 2006 was $139,083,475.93. On December 31, 2009 based on First Bank’s published Financial Statement total assets and liabilities were $446,242,935.00 attached here. This is an increase of $307,159,459.07. First Bank’s holdings on December 20, 2006 were 31% of what they were on December 31, 2009. First Bank’s assets have increased 320% in the three year period. In other words, First Bank assets are three times greater or triple than in 2006.

Community Bank, Joseph, Oregon

Bill Moran has also served since 2001 as Director of Community Bancshares, 609 North Main Street, Joseph, Oregon 97846 (541)432-9050 (800)472-4292 per . This bank has 160 employees and 17 full service branches in Eastern Oregon and Southeastern Washington. Mr. Tom Moran, President and Chief Executive Officer, announced on January 25, 2010 that Community Bank grew by 11.8% in 2009 and ended the year at $355,600,000.00 or $355.6 Million in total assets. Mr. Bill Moran’s APOC Initial Financial Disclosure Statement when he was appointed to Alaska Permanent Fund Board on December 20, 2006 showed that Community Bank had assets of $105,256,156.00. From that period until December 31, 2009 Community Bank increased to $355,600,000.00. This was an increase of $250,343,844.00. On December 20, 2006 Community Bank’s assets were 34% of what they became on December 31,2009. The increase was 339% over this three year period. In other words the assets of Community Bank are three times greater or triple what they were on December 20, 2006.

According to APOC 2009 Financial Disclosure Statement APFB Vice-Chair Bill Moran received from Oregon Department of Revenue $1,246.00 in 2009 (Page 5 of 15) presumably regarding Community Bancshares or its subsidiary. Additionally, Mr. Moran received from Community Bancshares Dividends and Interest of $886,897.00 and Other Income $7,500.00 for a total of $894,197.00 (Page 5 of 15).

Other Assets

In addition to the above, Mr. Moran owns several subsidiaries of First Bancorp, Inc. (Pages 6-7 of 15) including First Bank, Dock Street Building Corporation, Alaska Escrow and Title Insurance Agency as well as two subsidiaries of Community Bancshares, Inc., including Community Bank and Citizens Finance & Lease Company.

Mr. Moran also owns a great deal of property (Pages 8-10 of 15). He has several retirement accounts (Page 11 of 15). He and his wife are lenders (Page 12 of 15) to Federal Housing Loan Mortgage Corporation (FHLMC or Freddie Mac). Key Bank, and Bank of Eastern Oregon.

Family

Bill Moran is married to the former Anita Williams and they have two grown sons. He is the brother of Joseph M. Moran email: Partner, Delisio Moran Geraghty & Zobel, Attorneys, 943 W. 6th Avenue, Anchorage, Alaska 99501 (907)279-9574. (Mrs. Zobel's now deceased husband, Ron, sued in U.s. Supreme Court so that all newly arrived Alaskans could participate equally in receiving the PFD) Joe Moran is the Agent for Service of Process for Alaska Growth Capital BIDCO, Inc. 3900 C Street #302, Anchorage, Alaska 99503-5965 (907)339-6760, toll free (888)315-4904. per http://www.commerce.state.ak.us/bsc/pub/2009_Directory.pdf Page 68. Mr. Eric Wohlforth, former 12 year member and Chair, APFB, who was replaced by Mr. Moran, (correct spelling Wohlforth) is a current Board member, Alaska Growth Capital BIDCO. Margaret Moran, Attorney, Box 317, Kenai, Alaska 99611 (907)283-3129 and Mary Moran, Anchorage, are among Bill Moran’s siblings.

Alaska Superior Court Judge Anna M. Moran, 125 Trading Bay Drive Suite 100, Kenai, Alaska 99611 (907)283-3110 and Liam Moran, Attorney, Clapp, Peterson, 711 H Street #620, Anchorage, Alaska 999501 (907)272-9202 are not related to the Ketchikan Morans.

Individual Investment Transaction Disclosures and APOC Financial Disclosure Statements:

Please note that settlement or trade dates are routinely over a month prior to submission to Alaska Permanent Fund Office

(bio with additions and photo from Alaska Permanent Fund corporation Website)