FIRST INTERSTATE BANCSYSTEM, INC. FIBK Balance Sheet

First interstate bancsystem, inc. (FIBK)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
Assets
Cash and due from banks
256	241	298	261	213	244	229	228	187	196	201	223	137	146	148	125	113	132	139	163	128	147	142	168	143	141	150	128	116	177	124	146	128	142	135	130	107
Interest bearing deposits in banks
612	835	971	865	0	577	686	481	556	0	681	695	670	635	550	349	541	647	566	340	507	650	677	331	466	392	391	238	377	622	485	387	494	329	366	283	576
Federal funds sold
0	0	0	2	741	0	48	2	0	562	0	0	0	0	2	0	0	0	2	2	0	0	0	3	0	0	0	0	4	0	1	2	0	0	2	1	2
Total cash and cash equivalents
869	1,076	1,269	1,128	955	822	965	712	744	758	882	919	807	782	701	476	655	780	708	506	637	798	819	503	610	534	542	368	498	801	611	536	622	472	504	415	685
Investment securities:
Debt Securities, Available-for-sale
3,000	2,960	2,732	2,609	2,572	2,270	2,158	2,178	2,280	2,208	2,111	2,080	1,657	1,611	1,533	1,505	1,563	1,456	1,545	1,592	1,777	1,711	1,586	1,506	1,893	1,947	1,939	1,923	2,011	1,995	1,979	1,913	1,955	2,016	1,896	1,873	1,786
Debt Securities, Held-to-maturity
70	92	94	98	117	406	417	440	462	484	505	529	490	512	539	556	581	600	522	546	563	575	583	586	201	203	205	215	210	208	187	166	158	152	149	148	147
Total investment securities
3,070	3,052	2,827	2,708	2,689	2,677	2,576	2,618	2,743	2,693	2,617	2,609	2,148	2,124	2,072	2,061	2,144	2,057	2,067	2,139	2,340	2,287	2,169	2,093	2,095	2,151	2,145	2,138	2,221	2,203	2,166	2,080	2,113	2,169	2,045	2,022	1,933
Loans held for investment
8,918	8,930	8,992	8,995	8,459	8,470	8,480	7,708	7,614	7,567	7,502	7,525	5,376	5,416	5,462	5,340	5,191	5,193	5,120	5,028	4,871	4,856	4,791	4,449	4,326	4,303	4,279	4,223	4,169	4,157	4,107	4,093	4,099	4,133	4,223	-	4,321
Financing Receivable, Held-for-Sale, Not Part of Disposal Group, after Valuation Allowance
94	100	108	64	34	33	37	50	32	46	49	30	23	61	67	73	52	52	55	75	55	40	62	56	38	40	52	74	55	66	72	76	58	53	52	-	46
Loans and Leases Receivable, Gross
9,012	9,031	9,101	9,059	8,493	8,503	8,518	7,758	7,646	7,614	7,552	7,555	5,399	5,478	5,530	5,413	5,244	5,246	5,176	5,103	4,927	4,897	4,854	4,506	4,364	4,344	4,332	4,297	4,224	4,223	4,180	4,169	4,158	4,186	4,275	4,281	4,367
Less allowance for credit losses
129	73	75	74	72	73	73	74	73	72	74	75	76	76	81	80	79	76	74	76	75	74	74	78	81	85	92	98	97	100	99	102	115	112	120	124	120
Net loans
8,883	8,958	9,026	8,985	8,420	8,430	8,444	7,684	7,573	7,542	7,477	7,480	5,323	5,402	5,449	5,332	5,164	5,169	5,102	5,027	4,851	4,823	4,780	4,428	4,283	4,259	4,239	4,198	4,126	4,123	4,081	4,067	4,042	4,073	4,155	4,156	4,247
Goodwill
621	621	622	623	546	546	546	445	445	444	445	444	212	212	212	204	204	204	204	204	204	205	204	183	183	183	183	183	183	183	183	183	183	183	183	183	183
Company-owned life insurance
295	293	292	291	275	275	273	262	261	260	258	257	199	198	197	189	188	187	185	177	154	153	152	138	138	122	76	77	77	76	76	75	75	74	74	74	73
Premises and equipment, net of accumulated depreciation
308	306	302	321	298	245	244	233	240	241	242	243	195	194	191	187	188	190	190	189	192	195	207	180	179	179	179	181	185	187	188	187	185	184	185	186	188
Core deposit intangibles, net of accumulated amortization
59	62	65	67	54	56	59	45	47	49	50	52	9	9	10	8	9	10	11	11	12	13	14	3	4	4	4	5	5	5	6	6	7	7	7	8	8
Accrued interest receivable
46	46	51	50	46	44	48	39	38	38	40	35	27	29	31	27	26	27	31	29	27	27	30	26	27	26	30	29	29	28	33	30	30	31	34	33	33
Mortgage servicing rights, net of accumulated amortization and impairment reserve
27	30	29	28	27	27	27	26	25	24	24	23	19	18	17	16	15	15	15	14	14	14	13	13	13	13	13	13	13	12	12	11	11	11	11	13	13
Real Estate Acquired Through Foreclosure
8	8	17	27	21	14	17	14	11	10	10	11	9	10	9	7	9	6	8	11	15	13	18	16	16	15	18	22	32	32	39	53	44	37	25	28	33
Deferred tax asset, net
-	-	-	-	-	-	0	0	0	4	5	9	-	0	-	-	-	-	0	0	0	4	1	0	3	12	11	15	2	2	1	5	9	9	8	10	18
Other assets
221	187	196	181	162	159	153	152	142	145	149	148	108	81	81	92	82	78	79	74	77	73	68	62	61	61	54	56	63	62	59	65	67	68	69	69	81
Total assets
14,411	14,644	14,701	14,414	13,498	13,300	13,355	12,235	12,273	12,213	12,206	12,236	9,061	9,063	8,973	8,605	8,690	8,728	8,604	8,386	8,528	8,609	8,481	7,651	7,617	7,564	7,500	7,291	7,439	7,721	7,461	7,305	7,394	7,325	7,307	7,202	7,500
Liabilities and Stockholders’ Equity
Deposits:
Non-interest bearing
3,309	3,426	3,639	3,372	3,158	3,158	3,261	2,884	2,897	2,900	2,965	2,897	1,840	1,906	1,965	1,783	1,860	1,823	1,832	1,757	1,757	1,791	1,637	1,533	1,458	1,491	1,503	1,393	1,406	1,495	1,443	1,337	1,284	1,271	1,243	1,109	1,063
Interest bearing
8,255	8,237	8,159	8,117	7,656	7,522	7,584	7,061	7,128	7,034	6,968	7,122	5,459	5,469	5,362	5,197	5,246	5,265	5,203	5,046	5,210	5,214	5,322	4,645	4,676	4,642	4,604	4,536	4,621	4,745	4,591	4,563	4,626	4,555	4,607	4,684	4,861
Total deposits
11,565	11,663	11,799	11,489	10,814	10,680	10,845	9,945	10,025	9,934	9,933	10,020	7,300	7,376	7,328	6,981	7,107	7,088	7,035	6,804	6,968	7,006	6,959	6,179	6,135	6,133	6,108	5,930	6,028	6,240	6,035	5,901	5,910	5,826	5,851	5,794	5,925
Securities Sold under Agreements to Repurchase
614	697	636	686	672	712	635	641	633	643	635	579	587	537	476	466	465	510	437	469	462	502	432	462	488	457	428	421	467	505	460	455	491	516	475	435	620
Accounts payable and accrued expenses
138	129	145	149	142	94	99	85	75	86	92	96	43	44	55	59	48	53	48	53	49	66	56	42	43	47	45	44	46	48	40	33	43	42	37	35	38
Accrued interest payable
10	12	12	12	10	7	6	6	5	5	5	8	4	5	5	5	5	4	5	5	5	5	5	5	4	4	5	6	6	6	6	8	8	8	8	11	13
Deferred tax liability, net
24	26	23	24	18	8	3	0	1	0	0	0	12	6	14	16	11	9	13	3	3	0	-	3	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term debt
13	13	13	15	15	15	22	15	15	13	8	28	27	27	27	27	27	27	43	43	43	38	36	36	36	36	37	37	37	37	37	37	37	37	37	37	37
Allowance for credit losses on off-balance sheet credit exposures
2	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Short-term Borrowings
-	-	-	-	-	-	1	0	0	20	30	15	0	0	0	0	0	0	0	0	0	0	1	0	0	0	0	0	0	0	0	0	0	0	5	5	4
Preferred stock pending redemption
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	50	-	-	-	0	-	-	-
Subordinated debentures held by subsidiary trusts
86	86	86	86	86	86	86	82	82	82	82	82	82	82	82	82	82	82	82	82	82	82	102	82	82	82	82	82	82	82	82	82	123	123	123	123	123
Total liabilities
12,455	12,630	12,719	12,466	11,761	11,606	11,701	10,777	10,841	10,785	10,787	10,830	8,059	8,081	7,991	7,640	7,748	7,777	7,665	7,461	7,614	7,701	7,595	6,812	6,792	6,763	6,707	6,521	6,667	6,970	6,663	6,518	6,615	6,554	6,539	6,443	6,764
Stockholders’ equity:
Nonvoting noncumulative preferred stock without par value; authorized 100,000 shares; no shares issued and outstanding as of March 31, 2020 or December 31, 2019
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	50	50	50	50	50	50	50
Common stock
1,018	1,049	1,047	1,045	866	866	865	690	688	687	686	685	297	296	293	290	288	311	309	313	310	323	321	283	286	285	283	279	274	271	270	269	268	266	266	265	264
Retained earnings
897	953	921	892	874	851	828	802	776	752	731	718	707	694	679	664	648	638	623	612	599	587	572	560	546	532	517	499	483	463	458	448	441	435	427	421	413
Accumulated other comprehensive gain, net
39	11	13	10	-4	-24	-39	-35	-32	-12	1	1	-2	-8	8	10	4	0	5	-1	4	-2	-7	-5	-7	-16	-7	-9	12	15	18	18	19	19	24	22	9
Stockholders' Equity Attributable to Parent
1,956	2,013	1,982	1,948	1,736	1,693	1,654	1,458	1,432	1,427	1,419	1,405	1,001	982	982	965	942	950	938	924	914	908	885	838	825	801	792	769	771	751	797	786	779	771	767	759	736
Total liabilities and stockholders’ equity
14,411	14,644	14,701	14,414	13,498	13,300	13,355	12,235	12,273	12,213	12,206	12,236	9,061	9,063	8,973	8,605	8,690	8,728	8,604	8,386	8,528	8,609	8,481	7,651	7,617	7,564	7,500	7,291	7,439	7,721	7,461	7,305	7,394	7,325	7,307	7,202	7,500