First Interstate Bancsystem Inc S-3ASR, filed May 26, 2023

First Interstate Bancsystem Inc (FIBK)

S-3ASR 2023-05-26

View Original

Added on October 22, 2026

Search and read filings like this one from Claude or ChatGPT with the SEC filings MCP server →

Large accelerated filer	☒	Accelerated filer	☐
Non-accelerated filer	☐	Smaller reporting company	☐
		Emerging growth company	☐

	Page
ABOUT THIS PROSPECTUS		1
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION		2
WHERE YOU CAN FIND MORE INFORMATION		4
ABOUT THE CORPORATION		4
RISK FACTORS		5
PLAN OF DISTRIBUTION		5
SUMMARY OF THE SECURITIES WE MAY OFFER		7
VALIDITY OF THE SECURITIES		8
EXPERTS		8

SEC registration fees	$	*
Legal fees and expenses		**
Accounting fees and expenses		**
Printing fees		**
Miscellaneous		**
Total	$	**

	Exhibit No.			Description of Document
	1.1*			Form of Underwriting Agreement.
	4.1			Certificate of Incorporation (incorporated herein by reference to Exhibit 3.1 to our Current Report on Form 8-K, File No. 001-34653, filed on May 25, 2023).
	4.2			Bylaws (incorporated by reference to Exhibit B of Appendix B to the Company’s definitive proxy statement on Schedule 14A filed with the SEC on April 11, 2023).
	4.3			Description of Securities (incorporated by reference to our Registration Statement on Form 8-A/A (Amendment No. 3), File No. 001-34653, filed on May 25, 2023.
	4.4			Form of Indenture for Senior Debt Securities.
	4.5			Form of Indenture for Subordinated Debt Securities.
	4.6			Form of Senior Debt Securities (included in Exhibit 4.4).
	4.7			Form of Subordinated Debt Securities (included in Exhibit 4.5).
	4.8*			Form of Warrant Agreement.
	4.9*			Form of Preferred Stock Designations.
	4.10*			Form of Depositary Shares.
	4.11*			Form of Unit Agreement.
	4.12*			Form of Purchase Contract.
	5.1			Opinion of Polsinelli PC.
	23.1			Consent of Independent Registered Public Accounting Firm.
	23.2			Consent of Polsinelli PC (included in Exhibit 5.1).
	24.1			Power of Attorney (included on signature page).
	25.1**			Form T-1 Statement of Eligibility under the Trust Indenture Act of 1939, as amended, of Trustee to act as Trustee under the Senior Debt Securities Indenture.
	25.2**			Form T-1 Statement of Eligibility under the Trust Indenture Act of 1939, as amended, of Trustee to act as Trustee under the Subordinated Debt Securities Indenture.
	107			Calculation of Filing Fee Tables.

Signature	Title	Date
/s/ Kevin P. Riley Kevin P. Riley	President, Chief Executive Officer and Director (Principal Executive Officer)	May 25, 2023
/s/ Marcy D. Mutch Marcy D. Mutch	Executive Vice President and Chief Financial Officer (Principal Financial and Accounting Officer)	May 25, 2023
/s/ David L. Jahnke David L. Jahnke	Director (Chair)	May 25, 2023
/s/ Stephen B. Bowman Stephen B. Bowman	Director	May 25, 2023
/s/ James P. Brannen James P. Brannen	Director	May 25, 2023
/s/ Alice S. Cho Alice S. Cho	Director	May 25, 2023
/s/ Frances P. Grieb Frances P. Grieb	Director	May 25, 2023

Trust Indenture Act Section		Indenture Section
§310(a)(1)		609
(a)(2)		609
(a)(3)		Not Applicable
(a)(4)		Not Applicable
(a)(5)		609
(b)		608; 610
§311(a)		613
(b)		613
§312(a)		701; 702
(b)		702
(c)		702
§313(a)		703
(b)		703
(c)		703
(d)		703
§314(a)		704
(a)(1)		704
(a)(2)		704
(a)(3)		704
(a)(4)		1004
(b)		Not Applicable
(c)(1)		102
(c)(2)		102
(c)(3)		Not Applicable
(d)		Not Applicable
(e)		102
(f)		Not Applicable
§315(a)		601, 603
(b)		602
(c)		601
(d)		601
(e)		514
§316(a)		101
(a)(1)(A)		502; 512
(a)(1)(B)		513
(a)(2)		Not Applicable
(b)		508
(c)		104
§317(a)(1)		503
(a)(2)		504
(b)		1003
§318(a)		107

		Page
ARTICLE I DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION		1
Section 101.	Definitions	1
Section 102.	Compliance Certificates and Opinions	7
Section 103.	Form of Documents Delivered to Trustee	8
Section 104.	Acts of Holders; Record Dates	9
Section 105.	Notices, Etc., to Trustee and Company	10
Section 106.	Notice to Holders; Waiver	11
Section 107.	Conflict with Trust Indenture Act	11
Section 108.	Effect of Headings and Table of Contents	11
Section 109.	Successors and Assigns	12
Section 110.	Separability Clause	12
Section 111.	Benefits of Indenture	12
Section 112.	Governing Law	12
Section 113.	Legal Holidays	12
Section 114.	Language of Notices, Etc.	12
Section 115.	Interest Limitation	12
Section 116.	No Personal Liability of Officers, Directors, Employees or Shareholders	13
Section 117.	Applicability of Depositary	13
Section 118.	Duplicate Originals; Electronic Delivery	13
ARTICLE II SECURITY FORMS		14
Section 201.	Forms Generally	14
Section 202.	Form of Face of Security	14
Section 203.	Form of Reverse of Security	17
Section 204.	Global Securities	21
Section 205.	Form of Trustee’s Certificate and Authorization	22
ARTICLE III THE SECURITIES		23
Section 301.	Amount Unlimited; Issuable in Series	23
Section 302.	Denominations	26
Section 303.	Execution, Authentication, Delivery and Dating	26
Section 304.	Temporary Securities	28
Section 305.	Registration, Registration of Transfer and Exchange	29
Section 306.	Mutilated, Destroyed, Lost and Stolen Securities	30
Section 307.	Payment of Interest; Interest Rights Preserved	31
Section 308.	Persons Deemed Owners	32
Section 309.	Cancellation	33
Section 310.	Computation of Interest	33
Section 311.	CUSIP Numbers	33
ARTICLE IV SATISFACTION AND DISCHARGE		33
Section 401.	Satisfaction and Discharge of Indenture	33
Section 402.	Application of Trust Money	34
ARTICLE V DEFAULTS AND REMEDIES		34
Section 501.	Events of Default	35
Section 502.	Acceleration of Maturity; Rescission and Annulment	36

Section 503.	Collection of Indebtedness and Suits for Enforcement by Trustee	37
Section 504.	Trustee May File Proofs of Claim	37
Section 505.	Trustee May Enforce Claims Without Possession of Securities	38
Section 506.	Application of Money Collected	38
Section 507.	Limitation on Suits	38
Section 508.	Unconditional Right of Holders to Receive Principal, Premium and Interest	39
Section 509.	Restoration of Rights and Remedies	39
Section 510.	Rights and Remedies Cumulative	39
Section 511.	Delay or Omission Not Waiver	40
Section 512.	Control by Holders	40
Section 513.	Waiver of Past Defaults	40
Section 514.	Undertaking for Costs	41
ARTICLE VI THE TRUSTEE		41
Section 601.	Certain Duties and Responsibilities	41
Section 602.	Notice of Defaults	42
Section 603.	Certain Rights of Trustee	42
Section 604.	Not Responsible for Recitals or Issuance of Securities	44
Section 605.	May Hold Securities	44
Section 606.	Money Held in Trust	44
Section 607.	Compensation and Reimbursement	44
Section 608.	Disqualification; Conflicting Interests	46
Section 609.	Corporate Trustee Required; Eligibility	46
Section 610.	Resignation and Removal; Appointment of Successor	46
Section 611.	Acceptance of Appointment by Successor	47
Section 612.	Merger, Conversion, Consolidation or Succession to Business	48
Section 613.	Preferential Collection of Claims Against Company	49
Section 614.	Appointment of Authenticating Agent	49
ARTICLE VII HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND THE COMPANY		50
Section 701.	Company to Furnish Trustee Names and Addresses of Holders	50
Section 702.	Preservation of Information; Communications to Holders	51
Section 703.	Reports by Trustee	51
Section 704.	Reports by Company	51
ARTICLE VIII CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE		52
Section 801.	Company May Consolidate, Etc., Only on Certain Terms	52
Section 802.	Successor Substituted	52
ARTICLE IX SUPPLEMENTAL INDENTURES		53
Section 901.	Supplemental Indentures Without Consent of Holders	53
Section 902.	Supplemental Indentures with Consent of Holders	54
Section 903.	Execution of Supplemental Indentures	55
Section 904.	Effect of Supplemental Indentures	55
Section 905.	Conformity with Trust Indenture Act	55
Section 906.	Reference in Securities to Supplemental Indentures	55
ARTICLE X COVENANTS		55
Section 1001.	Payment of Principal, Premium and Interest	55
Section 1002.	Maintenance of Office or Agency	56
Section 1003.	Money for Securities Payments to Be Held in Trust	56

Section 1004.	Statement by Officers as to Default; Change in Fiscal Year	57
Section 1005.	Waiver of Certain Covenants	58
ARTICLE XI REDEMPTION OF SECURITIES		58
Section 1101.	Applicability of Article	58
Section 1102.	Election to Redeem; Notice to Trustee	58
Section 1103.	Selection by Trustee of Securities to be Redeemed	58
Section 1104.	Notice of Redemption	59
Section 1105.	Deposit of Redemption Price	60
Section 1106.	Securities Payable on Redemption Date	60
Section 1107.	Securities Redeemed in Part	60
ARTICLE XII SINKING FUNDS		61
Section 1201.	Applicability of Article	61
Section 1202.	Satisfaction of Sinking Fund Payments with Securities	61
Section 1203.	Redemption of Securities for Sinking Fund	61
ARTICLE XIII DEFEASANCE		62
Section 1301.	Applicability of Article	62
Section 1302.	Legal Defeasance	62
Section 1303.	Covenant Defeasance	64
Section 1304.	Application by Trustee of Funds Deposited for Payment of Securities	65
Section 1305.	Repayment to Company	65
Section 1306.	Reinstatement	66

Year	Redemption Price for Redemption Through Operation of the Sinking Fund	Redemption Price for Redemption Otherwise Than Through Operation of the Sinking Fund

			[TRUSTEE]
			As Trustee

Date:			By:

			As Authenticating Agent

			By:

			Authorized Signatory

	FIRST INTERSTATE BANCSYSTEM, INC.

	By:
	Name:
	Title:

	[TRUSTEE], as Trustee

	By:
	Name:
	Title:

Trust Indenture Act Section		Indenture Section
§310(a)(1)		609
(a)(2)		609
(a)(3)		Not Applicable
(a)(4)		Not Applicable
(a)(5)		609
(b)		608; 610
§311(a)		613
(b)		613
§312(a)		701; 702
(b)		702
(c)		702
§313(a)		703
(b)		703
(c)		703
(d)		703
§314(a)		704
(a)(1)		704
(a)(2)		704
(a)(3)		704
(a)(4)		1004
(b)		Not Applicable
(c)(1)		102
(c)(2)		102
(c)(3)		Not Applicable
(d)		Not Applicable
(e)		102
(f)		Not Applicable
§315(a)		601, 603
(b)		602
(c)		601
(d)		601
(e)		514
§316(a)		101
(a)(1)(A)		502; 512
(a)(1)(B)		513
(a)(2)		Not Applicable
(b)		508
(c)		104
§317(a)(1)		503
(a)(2)		504
(b)		1003
§318(a)		107

ARTICLE I DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION		1
Section 101	Definitions	1
Section 102	Compliance Certificates and Opinions	7
Section 103	Form of Documents Delivered to Trustee	8
Section 104	Acts of Holders; Record Dates	9
Section 105	Notices, Etc., to Trustee and Company	10
Section 106	Notice to Holders; Waiver	11
Section 107	Conflict with Trust Indenture Act	11
Section 108	Effect of Headings and Table of Contents	11
Section 109	Successors and Assigns	11
Section 110	Separability Clause	12
Section 111	Benefits of Indenture	12
Section 112	Governing Law	12
Section 113	Legal Holidays	12
Section 114	Language of Notices, Etc.	12
Section 115	Interest Limitation	13
Section 116	No Personal Liability of Officers, Directors, Employees or Shareholders	13
Section 117	Applicability of Depositary	13
Section 118	Duplicate Originals; Electronic Delivery	13

ARTICLE II SECURITY FORMS		14
Section 201	Forms Generally	14
Section 202	Form of Face of Security	14
Section 203	Form of Reverse of Security	17
Section 204	Global Securities	21
Section 205	Form of Trustee’s Certificate and Authorization	22

ARTICLE III THE SECURITIES		22
Section 301	Amount Unlimited; Issuable in Series	22
Section 302	Denominations	26
Section 303	Execution, Authentication, Delivery and Dating	26
Section 304	Temporary Securities	28
Section 305	Registration, Registration of Transfer and Exchange	28
Section 306	Mutilated, Destroyed, Lost and Stolen Securities	30
Section 307	Payment of Interest; Interest Rights Preserved	31
Section 308	Persons Deemed Owners	32
Section 309	Cancellation	32
Section 310	Computation of Interest	33
Section 311	CUSIP Numbers	33

ARTICLE IV SATISFACTION AND DISCHARGE		33
Section 401	Satisfaction and Discharge of Indenture	33
Section 402	Application of Trust Money	34

ARTICLE V DEFAULTS AND REMEDIES		35
Section 501	Events of Default	35
Section 502	Acceleration of Maturity; Rescission and Annulment	36
Section 503	Collection of Indebtedness and Suits for Enforcement by Trustee	36
Section 504	Trustee May File Proofs of Claim	37
Section 505	Trustee May Enforce Claims Without Possession of Securities	38
Section 506	Application of Money Collected	38
Section 507	Limitation on Suits	38
Section 508	Unconditional Right of Holders to Receive Principal, Premium and Interest	39
Section 509	Restoration of Rights and Remedies	39
Section 510	Rights and Remedies Cumulative	39
Section 511	Delay or Omission Not Waiver	39
Section 512	Control by Holders	40
Section 513	Waiver of Past Defaults	40
Section 514	Undertaking for Costs	40

ARTICLE VI THE TRUSTEE		41
Section 601	Certain Duties and Responsibilities	41
Section 602	Notice of Defaults	42
Section 603	Certain Rights of Trustee	42
Section 604	Not Responsible for Recitals or Issuance of Securities	43
Section 605	May Hold Securities	44
Section 606	Money Held in Trust	44
Section 607	Compensation and Reimbursement	44
Section 608	Disqualification; Conflicting Interests	45
Section 609	Corporate Trustee Required; Eligibility	45
Section 610	Resignation and Removal; Appointment of Successor	46
Section 611	Acceptance of Appointment by Successor	47
Section 612	Merger, Conversion, Consolidation or Succession to Business	48
Section 613	Preferential Collection of Claims Against Company	48
Section 614	Appointment of Authenticating Agent	48

ARTICLE VII HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND THE COMPANY		50
Section 701	Company to Furnish Trustee Names and Addresses of Holders	50
Section 702	Preservation of Information; Communications to Holders	50
Section 703	Reports by Trustee	51
Section 704	Reports by Company	51

ARTICLE VIII CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE		51
Section 801	Company May Consolidate, Etc., Only on Certain Terms	51
Section 802	Successor Substituted	52

ARTICLE IX SUPPLEMENTAL INDENTURES		52
Section 901	Supplemental Indentures Without Consent of Holders	52

Dated:				Signature)

Section 902	Supplemental Indentures with Consent of Holders	53
Section 903	Execution of Supplemental Indentures	54
Section 904	Effect of Supplemental Indentures	55
Section 905	Conformity with Trust Indenture Act	55
Section 906	Reference in Securities to Supplemental Indentures	55

ARTICLE X COVENANTS		55
Section 1001	Payment of Principal, Premium and Interest	55
Section 1002	Maintenance of Office or Agency	55
Section 1003	Money for Securities Payments to Be Held in Trust	56
Section 1004	Statement by Officers as to Default; Change in Fiscal Year	57
Section 1005	Waiver of Certain Covenants	57

ARTICLE XI REDEMPTION OF SECURITIES		58
Section 1101	Applicability of Article	58
Section 1102	Election to Redeem; Notice to Trustee	58
Section 1103	Selection by Trustee of Securities to be Redeemed	58
Section 1104	Notice of Redemption	59
Section 1105	Deposit of Redemption Price	59
Section 1106	Securities Payable on Redemption Date	60
Section 1107	Securities Redeemed in Part	60

ARTICLE XII SINKING FUNDS		60
Section 1201	Applicability of Article	60
Section 1202	Satisfaction of Sinking Fund Payments with Securities	61
Section 1203	Redemption of Securities for Sinking Fund	61

ARTICLE XIII DEFEASANCE		61
Section 1301	Applicability of Article	61
Section 1302	Legal Defeasance	62
Section 1303	Covenant Defeasance	63
Section 1304	Application by Trustee of Funds Deposited for Payment of Securities	65
Section 1305	Repayment to Company	65
Section 1306	Reinstatement	65

ARTICLE XIV SUBORDINATION OF SECURITIES		65
Section 1401	Securities Subordinated to Senior Debt	65

Year	Redemption Price for Redemption Through Operation of the Sinking Fund	Redemption Price for Redemption Otherwise Than Through Operation of the Sinking Fund

			[TRUSTEE]
			As Trustee

Date:			By:

			As Authenticating Agent

			By:

			Authorized Signatory