First Interstate Bank

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Balance Sheet

 

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 2006 Y2007 Y2008 Y2009 Y2010 Q2 YTD
Source Document12/31/2007 12/31/2008 12/31/2009 6/30/2010 6/30/2010 
Currency CodeUSDUSDUSDUSDUSD
(in thousands)     
      
Assets
Cash and due from banks187,555181,743205,070213,029169,461
Federal funds sold55,42760,635107,50211,4745,164
Interest bearing deposits in banks12,8096,8681,458398,979327,859
Total cash and cash equivalents255,791249,246314,030623,482502,484
Investment securities
Available-for-sale1,012,6581,014,280961,9141,316,4291,500,659
Held-to-maturity111,940114,377110,362129,851134,800
Total investment securities1,124,5981,128,6571,072,2761,446,2801,635,459
Loans3,310,3633,558,9804,772,8134,528,0044,562,288
Less allowance for loan losses47,45252,35587,316103,030114,328
Net loans3,262,9113,506,6254,685,4974,424,9744,447,960
Premises and equipment net120,280124,041177,799196,307193,551
Goodwill37,38037,380183,673183,673183,673
Company-owned life insurance64,70567,07669,51571,37472,395
Other real estate owned (“OREO”)NANA6,02538,40042,338
Accrued interest receivable30,91332,21538,69437,12338,429
Mortgage servicing rights, net of accumulated amortization and impairment reserve22,64421,71511,00217,32516,232
Core deposit intangibles, net of accumulated amortization43225712,68210,5519,672
Net deferred tax asset8,2976,7417,401NANA
Other assets46,18342,84449,75388,16483,183
Total assets4,974,1345,216,7976,628,3477,137,6537,225,376
Liabilities and Stockholders' Equity
Deposits
Non-interest bearing888,694836,753985,1551,026,5841,040,072
Interest bearing2,819,8173,162,6484,189,1044,797,4724,762,250
Total deposits3,708,5113,999,4015,174,2595,824,0565,802,322
Federal funds purchasedNA030,625NANA
Securities sold under repurchase agreements731,548604,762525,501474,141453,749
Accounts payable and accrued expenses36,29530,11751,29044,94639,741
Accrued interest payable18,87221,10420,53117,58520,442
Other borrowed funds5,6948,73079,2165,4237,196
Long-term debt21,6015,14584,14873,35338,023
Subordinated debentures held by subsidiary trusts41,238103,095123,715123,715123,715
Total liabilities4,563,7594,772,3546,089,2856,563,2196,485,188
Stockholders' equity
Nonvoting noncumulative preferred stock without par value0050,00050,00050,000
Common stock45,47729,773117,613112,135263,317
Retained earnings372,039416,425362,477397,224404,985
Accumulated other comprehensive income net(7,141)(1,755)8,97215,07521,886
Total stockholders' equity410,375444,443539,062574,434740,188
Total liabilities and stockholders' equity4,974,1345,216,7976,628,3477,137,6537,225,376


Data shown on this page is extracted directly from the company’s documents. SNL makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, SNL, as always, stands by its commitment to the quality of the data.

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