First Interstate Bancsystem, Inc. · NASDAQ:FIBK
First Interstate Bancsystem — Corporate Update (March 2020)
6 slides from First Interstate Bancsystem's corporate update, Mar 23, 2020
Slide 1: FIBK Hospitality Portfolio As of December 31, 2019
FIBK Hospitality Portfolio As of December 31, 2019
Slide 2: Safe Harbor
Safe Harbor This presentation contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve inherent risks and uncertainties. Any statements about our plans, objectiv
Slide 3: Hospitality Exposure
Hospitality Exposure In light of the recent classification by the World Health Organization (WHO) of the Coronavirus Disease (COVIS-19) as a pandemic, we are providing additional information about our credit portfolio in addition to our regular investor presentations issued on March 18, 2020. Althou
Slide 4: Hospitality Industry Exposure by NAICS Code
Hospitality Industry Exposure by NAICS Code ($ in Millions) Rooming and Boarding Houses, Dormitories, and Workers' Camps Caterers Mobile Food Services All Other Traveler Accommodation Cafeterias, Grill Buffets, and Buffets Bed-and-Breakfast Inns Food Service Contractors Snack and Nonalcoholic Bevera
Slide 5: Hotel Exposure by State
Hotel Exposure by State ($ in Millions) $140 $131.5 ➢ No hotel loan with a balance greater than $20 Million. $120 ➢ Approximately $162 Million of $100 $94.2 $96.8 $89.2 Hotel Portfolio Commitments $84.5 $78.0 are Construction loans to be $80 $74.8 completed later in 2020. $60 $53.1 ➢ More than 80% o
Slide 6: Hotels Outstanding by Risk Distribution
Hotels Outstanding by Risk Distribution Special Mention Substandard 5% 5% Pass-Watch 9% Pass 81% 6
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