First Interstate BancSystem(FIBK) - 2023 Q1 - Earnings Call Presentation

Net Interest Income¹ ($MM) and Net Interest Margin¹ Net Interest Income and Net Interest Margin Highlights:$240.7 • Total remaining PAA of $79.6 million at 3/31 • Excluding the impact from PAA, the Q1 2023 adjusted NIM2 declined by 20 basis points, primarily driven by a shift in mix of interest-bearing liabilities toward short-term borrowings, while increased interest-bearing deposit costs offset ex-PAA loan yield expansion 3.36% 3.47% 3.49% 3.29% 12 3.61 0.15 0.06 0.01 (0.19) (0.08) (0.05) 4Q2 Loans ex-PA ...