First Interstate

First Interstate is headquartered in Billings and is the largest bank in the state of Montana. It is also the 131^st largest bank in the nation. It was established in 1916 and as of March of 2012, it had grown to 1,605 employees at 76 locations. First Interstate has a 4-star health rating.

First Interstate Checking Account Rates

First Interstate Savings Account Rates

First Interstate CD Rates

Data for Q1 2012

Institution Statistics First Interstate Bank FDIC Certificate # 1105 BankRate Report View Year Established 1916 Employees 1605 Primary Regulator FED Assets and Liabilities Assets $7.36 billion Loans $4.04 billion Deposits $5.91 billion Equity Capital $780.53 million Loan Loss Allowance $115.90 million Unbacked Noncurrent Loans $186.00 million Real Estate Owned $44.76 million Historic Data - March 2011 Assets $7.40 billion Equity Capital $744.47 million Loan Loss Allowance $124.45 million Unbacked Noncurrent Loans $216.53 million Real Estate Owned $32.00 million Profit Margin - Quarterly Net Interest Margin 3.79% Return on Assets 0.82% Return on Equity 7.75% Interest Income $69.32 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 First Interstate had $230.76 million in non-current loans and owned real-estate with $896.43 million in equity and loan loss allowances on hand to cover it. This gives First Interstate a Texas Ratio of 25.74% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First Interstate held steady from 28.58% as of March 31, 2011 to 25.74% as of March 31, 2012, resulting in a positive change of 9.93%.This indicates that the balance sheet and financial strength for First Interstate has held steady in recent periods. Deposit Growth In the past year, First Interstate has decreased its total deposits by -$20.41 million, resulting in -0.34% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First Interstate has shown is average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First Interstate has $7.36 billion in assets with $896.43 million in equity, resulting in a capitalization level of 12.17%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.