# First Interstate Bancorp

First Interstate Bancorp is a Bank based in Los Angeles, United States.

## Overview

- **Organization type:** Bank
- **Headquarters:** Los Angeles, United States
- **Region:** North America
- **Address:** Los Angeles, CA, United States
- **Founded:** 1970
- **Assets under management:** Undisclosed
- **Website:** firstinterstatebancorp.com
- **LinkedIn:** https://www.linkedin.com/company/first-interstate-bancorp

## Regulatory record

- **Reports private funds:** No

## About

First Interstate Bancorp | 5 followers on LinkedIn.

## Sectors

- Banking
- Financial Services

## Questions

### Who manages First Interstate Bancorp's investment strategy?

First Interstate Bancorp is a publicly traded company (NASDAQ: FIBK) led by a board of directors and executive management team. Investments are managed by the bank's treasury and investment departments, focusing on traditional banking assets such as loans and securities.

### How does First Interstate Bancorp source its deposits and lending?

This is a regional bank that sources deposits through a network of over 300 branches across the Mountain West and Plains. Its lending is relationship-driven, targeting small and mid-sized businesses, agriculture, and consumer segments. The bank also participates in syndicated lending and participates in government-guaranteed lending programs.

### What is First Interstate Bancorp's geographic focus?

The bank operates primarily in Montana, Idaho, Washington, Oregon, Wyoming, South Dakota, and Arizona. Its 2021 acquisition of Great Western Bank added branches in the Midwest, including Nebraska and Iowa.

### What is the bank's current scale and ownership structure?

First Interstate Bancorp is a publicly traded bank holding company with $30 billion in assets as of 2023. It has no single controlling shareholder, with institutional and retail investors holding shares.

### How does the bank approach risk management?

As a regulated bank, First Interstate maintains capital ratios above regulatory minima. Its loan portfolio is diversified across commercial, real estate, and agricultural sectors. The bank uses interest rate derivatives for balance sheet management.

### What is the history behind the 'First Interstate' name?

The name originates from First Interstate Bancorp, a predecessor bank holding company formed in 1970. After the 1996 merger of Montana-based First Interstate Bancorp and Washington-based First Interstate Bank, the combined entity retained the name, leveraging the brand recognition across its footprint.

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Last updated: 2026-06-03T20:00:00.000Z

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