MT lenders / Regional Bank
First Interstate Bank
Regional Bank · Billings, MT · First Intrst Bancsystem
- Total assets
- $26.4B
- CRE loan book
- $8.7B
- QoQ CRE growth
- -3.1%
- Q1 2026
Recorded CRE activity — co-arapahoe County
2 commercial deeds of trust recorded recently, verified from county records.
- Jul 22, 2026 · unknownundisclosed
- Jun 24, 2026 · unknownundisclosed
Observed rates
Book yield — real-estate loans
Implied yield on the existing real-estate loan book: 5.20% as of Q1 2026 — TX bank median 4.87% (0.34pp above median).
| Quarter | RE loan yield | All loans & leases |
|---|---|---|
| Q1 2026 | 5.20% | 5.49% |
| Q4 2025 | 5.30% | 5.62% |
| Q3 2025 | 5.37% | 5.70% |
| Q2 2025 | 5.25% | 5.61% |
| Q1 2025 | 5.11% | 5.50% |
| Q4 2024 | 5.30% | 5.76% |
| Q3 2024 | 5.33% | 5.70% |
| Q2 2024 | 5.20% | 5.54% |
What their existing real-estate book earns — an anchor for where new money gets priced. Source: FFIEC Call Reports.
For a current market estimate for your property, use the terms estimator →
CRE book — quarterly trend (FFIEC Call Reports)
| Quarter | CRE loans | Construction | Multifamily | Concentration | Nonaccrual CRE |
|---|---|---|---|---|---|
| Q1 2026 | $8.7B | $669.9M | $1.9B | 233% | $33.3M |
| Q4 2025 | $9.0B | $839.3M | $1.8B | 236% | $34.3M |
| Q3 2025 | $9.6B | $961.0M | $1.9B | 249% | $72.8M |
| Q2 2025 | $9.9B | $1.0B | $2.0B | 258% | $79.3M |
| Q1 2025 | $10.3B | $1.1B | $2.1B | 268% | $81.2M |
| Q4 2024 | $10.5B | $1.2B | $2.0B | 276% | $58.7M |
| Q3 2024 | $10.5B | $1.3B | $2.0B | 276% | $45.3M |
| Q2 2024 | $10.5B | $1.5B | $1.8B | 279% | $47.1M |
Signals
Recent news
- Is First Interstate BancSystem (FIBK) Undervalued Following Strong Q2 Earnings And A Bigger Buyback? - simplywall.st — Coverage of First Interstate Bank related to earnings reported by simplywall.st.Aug 2, 2026
- FIBK|First Interstate Bancsystem Inc|Price:37.740|Chg%:-0.350 - TradingKey — Coverage of First Interstate Bank related to commercial real estate and lending reported by tradingkey.com.Jul 27, 2026
- First Interstate BancSystem (FIBK) Could Be 19% Undervalued After Second Quarter Earnings - simplywall.st — Coverage of First Interstate Bank related to earnings reported by simplywall.st.Jul 25, 2026
- First Interstate BancSystem Q2 Earnings Call Highlights - TradingView — Coverage of First Interstate Bank related to earnings reported by tradingview.com.Jul 24, 2026
- First Interstate BancSystem, Inc. Reports Second Quarter Earnings - Business Wire — Coverage of First Interstate Bank related to earnings reported by businesswire.com.Jul 23, 2026
- Billings man pleads guilty to stealing $50,000 from First Interstate Bank - KTVQ — Coverage of First Interstate Bank related to commercial real estate and lending reported by ktvq.com.Jun 26, 2026
- First Interstate Bank Moved Prolific Banking, Inc. On-Ramp Commercial Enrollment Solution into Production - Business Wire — Coverage of First Interstate Bank related to commercial real estate and lending reported by businesswire.com.May 19, 2026
First Interstate Bank: frequently asked questions
- How large is First Interstate Bank's commercial real estate loan book?
- As of Q1 2026, First Interstate Bank reported $8.7B in commercial real estate loans out of $26.4B in total assets, per its FFIEC Call Report.
- Is First Interstate Bank above the 300% CRE concentration guideline?
- First Interstate Bank's CRE loans stood at 233% of total risk-based capital as of Q1 2026, below the 300% CRE concentration supervisory guideline.
- Is First Interstate Bank growing or shrinking its CRE lending?
- First Interstate Bank's CRE loan book shrank 3.1% quarter-over-quarter as of Q1 2026 — a net balance change that reflects payoffs and sales as well as new originations.
- How active is First Interstate Bank in recorded CRE lending?
- 2 commercial deeds of trust naming First Interstate Bank as lender have been recorded recently in co-arapahoe County, verified from county records; the most recent was recorded Jul 22, 2026.
Answers generated from the verified data on this page — FFIEC Call Reports, county records, and first-party conversations — as of the dates shown.
Similar lenders
Other regional banks we track with a comparable CRE book size.
- ConnectOne BankRegional Bank · Englewood Cliffs · $8.7B CRE book
- Bank of HopeRegional Bank · Los Angeles · $8.7B CRE book
- Associated Bank, National AssociationRegional Bank · Green Bay · $8.6B CRE book
- BankUnited, National AssociationRegional Bank · Miami Lakes · $8.6B CRE book
- ServisFirst BankRegional Bank · Birmingham · $8.9B CRE book
Last updated Jul 22, 2026 · Sources: FFIEC CDR, county records, first-party conversations.