First Interstate BancSystem, Inc. FIBK Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by First Interstate BancSystem, Inc. in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: First Interstate BancSystem, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is First Interstate BancSystem, Inc.'s bank owned life insurance?
- First Interstate BancSystem, Inc. (FIBK) reported bank owned life insurance of $524.6M in Q1 2026.
- How has First Interstate BancSystem, Inc.'s bank owned life insurance changed year-over-year?
- First Interstate BancSystem, Inc.'s bank owned life insurance increased by 2.0% year-over-year, from $514.2M to $524.6M.
- What is the long-term trend for First Interstate BancSystem, Inc.'s bank owned life insurance?
- Over 4 years (2021 to 2025), First Interstate BancSystem, Inc.'s bank owned life insurance has grown at a 14.8% compound annual growth rate (CAGR), from $301.5M to $523M.
- What does bank owned life insurance mean?
- This asset represents the cash surrender value of life insurance policies purchased by the bank on the lives of key employees or officers. The bank acts as the beneficiary, using the policy to offset the costs of employee benefit programs. It serves as a tax-advantaged investment vehicle that provides long-term financial stability.