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First Interstate BancSystem(FIBK) - 2025 Q2 - Earnings Call Presentation
2025-07-30 15:00
Financial Performance - Net income was $71.7 million, or $0.69 per share in Q2 2025[18] - Net interest margin (NIM) was 3.30%, an increase of 11 basis points from Q1 2025[18] - Adjusted FTE NIM was 3.26%, an increase of 12 basis points from Q1 2025[18] - Efficiency ratio was 61.1% for Q2 2025[18] Balance Sheet - Loans held for investment decreased by $1,023.9 million from Q1 2025[18] - Deposits decreased by $102.2 million from Q1 2025[18] - Other borrowed funds declined $710.0 million due to decreases in investment securities and loan balances[18] - Total assets amounted to $27.6 billion[8] - Deposits totaled $22.6 billion[8] - Loans held for investment were $16.4 billion[8] Capital and Asset Quality - CET1 was 13.43% and total RBC was 16.49% for Q2 2025[18] - Non-performing loans decreased 0.4% from Q1 2025 to $194.1 million, representing 1.19% of LHFI[18] - Net charge-offs were $5.8 million, or an annualized 14 basis points of average loans outstanding[18] - Classified loans decreased $24.4 million to $458.1 million as of June 30, 2025[18]