First Interstate Bancsystem, Inc. · NASDAQ:FIBK
First Interstate Bancsystem — Keefe, Bruyette & Woods 2013 Community Bank Conference
19 slides from First Interstate Bancsystem's conference presentation, Jul 30, 2013
Slide 1: KBW 2013 Community Bank Conference
Keefe, Bruyette & Woods 2013 Community Bank Conference The Marriott Marquis | New York City July 30-31, 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 Phy YOMLING
Slide 4: Company Snap Shot Company Performance
Company Snap Shot Company Performance First Interstate BancSystem Long Term History with Solid Performance Headquartered in Billings, MT with 74 branches across Montana, Wyoming and western South Dakota Total Assets of $7.3 Billion Total Loans of $4.3 Billion Regional bank offering retail, mobile an
Slide 5: Impressive Market Shares
Ranked #1 by market share in Montana and Wyoming, and #2 in the western South Dakota markets we serve. 51% 36% 13% Allocation of $5.9 Billion in Deposits First Interstate BancSystem Impressive Market Shares -Data Per SNL Financial ($ in Millions) (June 30, 2012) MSAs Market Share Billings, MT 27% Mi
Slide 6: Diversified Economic Base
First Interstate BancSystem Diversified Economic Base Agriculture Cattle Crops (Barley, Wheat , Sugar Beets) Energy Oil and Natural Gas Greater Williston Basin Area Bakken formation Powder River Basin Coal MT Ranked #1 and WY ranked #3 in demonstrated Coal Reserves WY Ranked #1 in Production Wind MT
Slide 7: Bakken Oil Field
Bakken Oil Field Diversified Economic Base Canada Williston Basin MT ND SD WY Greater Williston Basin Area FIBK Headquarters Billings, MT
Slide 8: Tourism, Healthcare, Military/Government
Tourism Glacier National Park, MT Yellowstone National Park, WY Major National Parks Summer/Winter Opportunities Mount Rushmore, SD Healthcare Aging population base Regional healthcare centers Veterans Administration healthcare Military /Government Ellsworth Air Force Base, SD Malmstrom Air Force Ba
Slide 9: Stable Employment
Stable Employment MT 5.4% Ranked 13th WY 4.6% Ranked 7th SD 4% Ranked 3rd 0% - 4% 4% - 6% 6% - 8% 8% - 10% 10% or more (As of May 2013)
Slide 10: Loan Portfolio, Asset Quality Trends, Strong Deposit Base and Earnings
Loan Portfolio Asset Quality Trends Strong Deposit Base and Earnings
Slide 11: $4.3 Billion in Loans
$4.3 Billion in Loans Diversified Loan Portfolio $4.3 Billion in Loans Credit opportunities 2013 Loan growth flat to modest, however positive economic indicators Construction activity increasing Home sales increasing Low unemployment Disciplined credit practices In-house limit of $10 Million Discipl
Slide 12: Improving Credit Quality Trends
Improving Credit Quality Trends (In millions) Peak mid-2012 Earnings Improvement driven by Improved Credit Metrics Non-Performing Loans OREO Non-Performing Assets
Slide 13: Reduction in Criticized Loans
And Reduction in Criticized Loans (In millions) $321 million , or 44%, decline over 2 years Special Mention Substandard Doubtful Total Criticized
Slide 14: Strong Core Deposit Base
Strong Core Deposit Base (as of 6/30/2013) Q2 2013 Cost of Funds .32%
Slide 15: Earnings Improvement
First Interstate BancSystem Earnings Improvement (in thousands)
Slide 16: Non-Interest Income Revenue Streams
33% of Total Revenue Non- Interest Income Revenue Streams NII opportunities Wealth Management growth AUM - $4 Billion Mortgage lending Less competitors in market place Strong customer base Credit card activity Card issuer to customers within our footprint Increasing business card usage 33% of Total
Slide 17: Investment Portfolio
Investment Portfolio 2013 Headwinds NIM Pressure Q2 2013 Net interest margin 3.56% Competitive pressure impacting loan growth & rates Q2 2013 average yield 5.21% Investment yields Effort to minimize extension risk by de-emphasizing callable agencies in favor of MBS Short duration Low credit risk 0%
Slide 18: Advantages
First Interstate BancSystem Advantages #1 Emphasis is on the Customer 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 Inter
Slide 19: Why invest in First Interstate BancSystem?
Long Track Record of Profitability Leading Market Positions Attractive and Healthy Footprint Improving Credit Metrics Low-Cost Core Deposit Base Growth Opportunities Increasing Shareholder Returns Why invest in First Interstate BancSystem?
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