First Interstate Bank
Community bank founded in 1968 with 300+ branches across 14 western states, offering personal and business banking, wealth management, lending, home loans, and treasury solutions
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Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (32 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
First Interstate Bank ranks #85 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of First Interstate Bank’s 7(a) acquisition lending falls in the $0-$500K range: 14 loans, 43.8% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 14 | 43.8% | |
| $500K-$1M | 5 | 15.6% | |
| $1M-$2M | 8 | 25.0% | |
| $2M-$3M | 1 | 3.1% | |
| $3M-$4M | 2 | 6.3% | |
| $4M-$5M | 2 | 6.3% |
Industries with highest loan volume
Limited-Service Restaurants
3
loans
$722K
avg. amount
Plumbing, Heating, and Air-Conditioning Contractors
2
loans
$454K
avg. amount
Janitorial Services
2
loans
$493K
avg. amount
Finish Carpentry Contractors
1
loans
$4.2M
avg. amount
All Other Personal Services
1
loans
$656K
avg. amount
Landscaping Services
1
loans
$331K
avg. amount
Siding Contractors
1
loans
$250K
avg. amount
Engineering Services
1
loans
$1.2M
avg. amount
Used Household and Office Goods Moving
1
loans
$531K
avg. amount
General Freight Trucking, Long-Distance, Truckload
1
loans
$2.6M
avg. amount
10-Year
0.9%
Percentile Ranking
84th
84th percentile
First Interstate Bank’s median variable rate is + 1.00%, against a market median of Prime + 1.88%, 88 below market.
It priced below the market median in every one of the last 5 quarters. 2 of the 32 loans in its trailing three-year book carried a fixed rate; the rest were variable.
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 1.17% |
| $500K-$1M | Prime + 0.89% |
| $1M-$2M | Prime + 0.88% |
| $3M-$4M | Prime + 0.88% |
| $4M-$5M | Prime + 0.50% |
over at time of loan origination
| Quarter | This lender | Market median | Market range | Loans |
|---|---|---|---|---|
| Q1 '20 | Prime + 1.00% | Prime + 2.00% | Prime + 1.40% – Prime + 2.50% | 4 |
| Q2 '20 | Prime + 1.50% | Prime + 2.50% | Prime + 2.00% – Prime + 3.00% | 3 |
| Q3 '20 | Prime + 1.50% | Prime + 2.25% | Prime + 1.75% – Prime + 2.75% | 3 |
| Q4 '22 | Prime + 0.75% | Prime + 1.75% | Prime + 1.00% – Prime + 2.00% | 6 |
| Q1 '26 | Prime + 1.00% | Prime + 2.00% | Prime + 1.50% – Prime + 2.50% | 3 |
First Interstate Bank has originated 7(a) acquisition loans in 10 states, most actively in Washington (7), Oregon (6) and South Dakota (5). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| Washington | 7 | 21.9% |
| Oregon | 6 | 18.8% |
| South Dakota | 5 | 15.6% |
| Montana | 5 | 15.6% |
| Iowa | 3 | 9.4% |
| Idaho | 2 | 6.3% |
| Arizona | 1 | 3.1% |
| Missouri | 1 | 3.1% |
| Colorado | 1 | 3.1% |
| Nebraska | 1 | 3.1% |
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