First Interstate BancSystem(FIBK) - 2020 Q1 - Earnings Call Presentation

Financial Overview - Total assets reached $14.41 billion[5] - Trust assets under management totaled $4.74 billion[5] - Core deposits amounted to $11.01 billion[5] - Net loans represent 61.6% of the asset mix[5] - Net interest income accounts for 73.8% of the Q1 2020 revenue[8] - Non-interest income contributes 26.2% to the Q1 2020 revenue[8] Pandemic Response - Processed $1.159 billion in Paycheck Protection Program (PPP) applications[13] - Approved $997 million in PPP loans by the SBA through April 27, 2020[13] - Impacted 107,000 client employees through PPP loans[13] - Approved $1.047 billion in commercial deferrals, representing 16% of the portfolio balance[15] - Approved $45 million in consumer forbearances, representing 2% of the portfolio balance[15] Loan Portfolio - Total loan portfolio amounts to $9.0 billion[42] - Hospitality loans represent 6.7% of the total loan portfolio, with $607.196 million outstanding and $92.031 million in unfunded commitments[55] - Agriculture loans account for 5.4% of the total loan portfolio, with $482.973 million outstanding and $165.629 million in unfunded commitments[69] - Malls represent $52.3 million direct exposure (0.6% of total loan portfolio)[72] - Oil and Gas direct exposure is $45.0 million (0.5% of total loan portfolio) with $16.2 million in unfunded commitments[75] Asset Quality - Allowance for credit loss as a % of total loans is 1.43%[82]