First Interstate BancSystem, Inc. (FIBK) financial statements (2020 and earlier)

Company profile

Business Address P O BOX 30918
BILLINGS, MT 59116-0918
State of Incorp. MT
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,077822759782780799535
Cash and cash equivalents1,077822759782780799535
Receivables626    
Disposal group, including discontinued operation     41 
Income taxes receivable3
Total current assets:1,083824765782780839538
Noncurrent Assets
Property, plant and equipment306245242194191195180
Intangible assets, net (including goodwill)684604445213205206184
Goodwill622547445213205206184
Intangible assets, net (excluding goodwill)6257     
Regulated entity, other noncurrent assets    0  
Deferred costs181212    
Total noncurrent assets:1,008861699407395401363
Other undisclosed assets12,55411,61510,7507,8757,5527,3706,663
TOTAL ASSETS:14,64413,30012,2139,0648,7288,6107,565
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities   665 
Taxes payable   665 
Debt6987126635385115020
Total current liabilities:6987126635435175070
Noncurrent Liabilities
Long-term debt and lease obligation, including:14161328283837
Other undisclosed long-term debt and lease obligation14161328283837
Liabilities, other than long-term debt27      
Deferred income tax liabilities27
Total noncurrent liabilities:41161328283837
Other undisclosed liabilities11,89210,87810,1107,5107,2337,1566,726
Total liabilities:12,63011,60610,7868,0817,7787,7016,763
Stockholders' equity
Stockholders' equity attributable to parent, including:2,0141,6941,428983950909802
Common stock 173386    
Accumulated other comprehensive income (loss)11(25)(12)(8)0(3)(16)
Retained earnings954852753695638588532
Other undisclosed stockholders' equity attributable to parent1,049693301296312324286
Total stockholders' equity:2,0141,6941,428983950909802
TOTAL LIABILITIES AND EQUITY:14,64413,30012,2139,0648,7288,6107,565

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues554473506420363343 
Net investment income554473378297282267 
Financial services revenue1291228076 
Cost of revenue(18)(12)(14)(13)(9)  
Provision for loan, lease, and other losses(14)(9)
Amortization of mortgage servicing rights (msrs)(4)(3)(3)(3)(2)  
Financial services costs(11)(10)(7)  
Gross profit:536462492407353343 
Operating expenses(155)(129)(62)(140)(141)(133)(104)
Other operating income, net
(Noninterest Income, Other Operating Income)
16 141011118
Operating income (loss):397333445277223221(91)
Nonoperating income (expense)(0) 01323
Investment income, nonoperating   000 
Gains on sales of other real estate   1323
Mortgage servicing rights (msr) impairment (recovery)(0) 0000(0)
Interest and debt expense(59)(41)(28)(18)(18)(19)(21)
Income (loss) from continuing operations before equity method investments, income taxes:337292417261208205(108)
Other undisclosed income (loss) from continuing operations before income taxes(102)(85)(260)(116)(77)(75)241
Income from continuing operations before income taxes:235206157145130130133
Income tax expense(54)(46)(50)(50)(44)(45)(47)
Net income available to common stockholders, diluted:18116010796878486

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:18116010796878486
Other comprehensive income (loss)36(10)(4)(9)314(32)
Comprehensive income, net of tax, attributable to parent:21715110387909854

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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