FIRST INTERSTATE BANCSYSTEM INC
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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FY2025 · Filed Feb 26, 2026
FIBK$38.42+1.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In millions, except share data)
| December 31, | 2025 | 2024 |
|---|---|---|
| Assets | ||
| Cash and due from banks | $358.2 | $378.0 |
| Interest bearing deposits in banks | 951.4 | 518.5 |
| Federal funds sold | 0.1 | 0.1 |
| Total cash and cash equivalents | 1,309.7 | 896.6 |
| Investment securities: | ||
| Available-for-sale, at fair value | 5,288.1 | 5,057.1 |
| Held-to-maturity (estimated fair values of $2,136.6 and $2,358.6 at December 31, 2025 and 2024, respectively) | 2,342.1 | 2,687.5 |
| Total investment securities | 7,630.2 | 7,744.6 |
| FHLB and FRB stock, at cost | 106.3 | 177.4 |
| Loans held for sale ($1.1 and $0.9 of which is recorded at fair value at December 31, 2025 and December 31, 2024, respectively) | 73.6 | 0.9 |
| Loans held for investment, net of deferred fees and costs | 15,201.6 | 17,844.9 |
| Allowance for credit losses | (191.4) | (204.1) |
| Net loans held for investment | 15,010.2 | 17,640.8 |
| Goodwill | 1,100.9 | 1,100.9 |
| Company-owned life insurance | 523.0 | 513.0 |
| Premises and equipment, net of accumulated depreciation | 406.6 | 427.2 |
| Other intangibles, net of accumulated amortization | 53.3 | 66.8 |
| Accrued interest receivable | 102.6 | 116.8 |
| Mortgage servicing rights, net of accumulated amortization | 23.1 | 25.7 |
| Other real estate owned | 3.4 | 4.3 |
| Deferred tax asset, net | 59.6 | 118.4 |
| Other assets | 238.1 | 304.0 |
| Total assets | $26,640.6 | $29,137.4 |
| Liabilities and Stockholders’ Equity | ||
| Deposits: | ||
| Noninterest-bearing | $5,286.8 | $5,797.6 |
| Interest bearing | 16,801.5 | 17,218.0 |
| Total deposits | 22,088.3 | 23,015.6 |
| Securities sold under repurchase agreements | 479.6 | 523.9 |
| Accounts payable and accrued expenses | 286.8 | 378.9 |
| Accrued interest payable | 36.9 | 47.0 |
| Other borrowed funds | — | 1,567.5 |
| Long-term debt | 146.3 | 132.2 |
| Allowance for credit losses on off-balance sheet credit exposures | 5.9 | 5.2 |
| Subordinated debentures held by subsidiary trusts | 149.8 | 163.1 |
| Total liabilities | 23,193.6 | 25,833.4 |
| Stockholders’ equity: | ||
| Preferred stock, $0.00001 par value; 100,000 shares authorized at December 31, 2025 and 2024; zero issued and outstanding, respectively | — | — |
| Common stock and additional paid-in-capital, $0.00001 par value; 150,000,000 shares authorized at December 31, 2025 and 2024; 101,105,745 and 104,585,964 shares issued and outstanding, respectively | 2,350.9 | 2,459.5 |
| Retained earnings | 1,274.2 | 1,166.4 |
| Accumulated other comprehensive loss, net | (178.1) | (321.9) |
| Total stockholders’ equity | 3,447.0 | 3,304.0 |
| Total liabilities and stockholders’ equity | $26,640.6 | $29,137.4 |
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