17 slides from First Interstate Bancsystem's shareholder meeting presentation, May 22, 2013
Slide 1: Annual Shareholder Meeting
Annual Shareholder Meeting Billings, MT May 22, 2013 Exhibit 99.1
Slide 2: Safe Harbor
Safe Harbor This presentation contains forward-looking statements by First Interstate BancSystem, Inc. (the “Company”) regarding revenues, income from the origination and sale of loans, net interest margin, quarterly provisions for loan losses, loan growth, non-performing assets and net charge-off o
Slide 3: First Interstate Bank
First Interstate Bank
Slide 4: Company Performance
Company Performance Long Term History and Solid Performance 25 consecutive years of net income; Over 18 years consecutive quarterly dividends Current annualized dividend yield 2.6% (at $20/per share price) Q1 2013 net income to common shareholders of $20 million, EPS $.46 Improving credit quality
Slide 5: Impressive Market Shares
Ranked #1 by market share in Montana and Wyoming, and #2 in the western South Dakota markets we serve. Impressive Market Shares -Data Per SNL Financial Market $ in Millions Share MSAs Deposits (June 30, 2012) Billings, MT $1,127 27% Missoula, MT 30% Casper, WY 29% Rapid City, SD 21% Jackson, WY-ID 2
Slide 6: Loan Portfolio, Asset Quality Trends and Strong Deposit Base
Loan Portfolio , Asset Quality Trends and Strong Deposit Base
Slide 7: $4.2 Billion in Loans
$4.2 Billion in Loans Diversified Loan Portfolio $4.2 Billion in Loans
Slide 8: Improving Credit Quality Trends
Improving Credit Quality Trends (In millions)
Slide 9: And Reduction in Criticized Loans
And Reduction in Criticized Loans (In millions)
Slide 10: Deposit Mix and Cost of Funds
{as of 3/31/2013) Demand Non- CDs >100k Interest Bearing Time Other Average Cost of Funds - 35 basis points Savings Demand Interest Bearing
Slide 11: First Interstate BancSystem
x | First Interstate BancSysien
Slide 12: Net Income, Return on Assets and Return on Equity
Annualized Return on Average Assets ito Net Income to Common Shareholders 1.20% (in thousands) i 1.00% $22,000 0.80% i $20,000 ee 0.40% - $18,000 0.20% + $16,000 0.00% + gst att tt a $14,000 o® ao o® oo o® $12,000 " e Annualized Return on Average Common Equity $10,000 12.00% —— a $8,000 + a 1 | 10.0
Slide 13: 2013 Opportunities
2013 Opportunities Improving economic conditions Construction activity increasing Home sales increasing Low unemployment Credit opportunities Additional reductions in non-performing assets Potential for loan growth paired with disciplined credit practices In-house limit of $10 Million Disciplined pr
Slide 14: 2013 Headwinds
2013 Headwinds Net Interest Margin Pressure Q1 2013 Net interest margin 3.55% Current interest rate environment not likely to change soon Competitive pressure on loan rates Q1 2013 average yield 5.38% Low investment yields Q1 2013 average yield 1.84% Loan growth challenges Competition is tough Unwil
Slide 15: Our Advantages
Our Advantages Customer-focus Banking channels adaptive to customer needs Face-to-Face On-line Mobile Full scope of Payment Products for our customers Credit card issuer Cash management products Merchant processing Expedient response to loan applications Internal-focus Average branch size exceeding
Slide 16: A Family Legacy
A family legacy History of Strong Governance Part of our culture Non-family ownership since the beginning Long history of SEC reporting Importance placed on retaining highly qualified, independent Board members
Slide 17: Long Track Record of Profitability
Long Track Record of Profitability Leading Market Position Attractive and Healthy Footprint Improving Credit Metrics Low-Cost Core Deposit Base Growth Opportunities