First Interstate BancSystem Files 8-K: Agreement Termination

TL;DR

FIBK terminated a material agreement on 8/15. Details in new 8-K.

AI Summary

First Interstate BancSystem, Inc. filed an 8-K on August 18, 2025, reporting events as of August 15, 2025. The filing indicates the termination of a material definitive agreement and other events, along with financial statements and exhibits. The company, headquartered in Billings, Montana, is a commercial bank.

Why It Matters

The termination of a material definitive agreement could signal a significant change in the company's contractual relationships or strategic direction, potentially impacting its operations and financial performance.

Risk Assessment

Risk Level: medium — Termination of a material definitive agreement can introduce uncertainty and potential financial or operational risks for the company.

Key Players & Entities

• FIRST INTERSTATE BANCSYSTEM, INC. (company) — Registrant
• August 15, 2025 (date) — Date of earliest event reported
• August 18, 2025 (date) — Date of report
• Billings, MT (location) — Principal executive offices

FAQ

Key Financial Figures

• $0.00001 — ange on which registered Common stock, $0.00001 par value FIBK NASDAQ Indicate by che
• $125,000,000 — gations with respect to its outstanding $125,000,000 aggregate principal amount of 7.625% Fi

Filing Documents

• fibk-20250815.htm (8-K) — 29KB
• 0000860413-25-000122.txt ( ) — 142KB
• fibk-20250815.xsd (EX-101.SCH) — 2KB
• fibk-20250815_lab.xml (EX-101.LAB) — 21KB
• fibk-20250815_pre.xml (EX-101.PRE) — 12KB
• fibk-20250815_htm.xml (XML) — 3KB

02 Termination of a Material Definitive Agreement

Item 1.02 Termination of a Material Definitive Agreement The information set forth in Item 8.01 below, as to the satisfaction and discharge of the First Supplemental Indenture (as defined below), is incorporated by reference into this Item 1.02.

01 Other Events

Item 8.01 Other Events. On August 15, 2025 (the "Redemption Date"), First Interstate BancSystem, Inc. (the "Company") redeemed all of its outstanding 5.25% Fixed-to-Floating Rate Subordinated Notes due 2030 (the "Notes") at a redemption price equal to 100% of the principal amount of the Notes plus accrued and unpaid interest to, but excluding, the Redemption Date (the "Redemption Price"), in accordance with the terms of the Indenture, dated as of May 15, 2020 (the "Base Indenture"), as supplemented by the First Supplemental Indenture, dated as of May 15, 2020 (the "First Supplemental Indenture"), by and between the Company and U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National Association, as trustee (the "Trustee"), which permitted the redemption of the Notes on any interest payment date (February 15, May 15, August 15 and November 15 of each year) beginning on May 15, 2025. The Company, through the Depository Trust Company, previously notified the holders of the Notes on July 3, 2025 that it had elected to redeem the Notes on the Redemption Date. The Company irrevocably deposited with the Trustee funds in an amount sufficient to pay the Redemption Price and satisfy and discharge its obligations under the Notes and the First Supplemental Indenture. As a result, the Company has been released from its obligations under the Notes and the First Supplemental Indenture pursuant to the satisfaction and discharge provisions thereunder, effective as of the Redemption Date. The Base Indenture, as supplemented by the Second Supplemental Indenture, dated as of June 10, 2025, by and among the Company and the Trustee, will continue to govern the Company's obligations with respect to its outstanding $125,000,000 aggregate principal amount of 7.625% Fixed-to-Floating Rate Subordinated Notes due 2035.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 104 Cover Page Interactive Data File (embedded within Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: August 18, 2025 FIRST INTERSTATE BANCSYSTEM, INC. By: /s/ JAMES A. REUTER James A. Reuter President and Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR