Consumer loans grew to $672 million as of September 30, 2013, from $653 million as of June 30, 2013 and $630 million as of September 30, 2012. Growth in consumer loans occurred primarily in indirect loans, which increased to $477 million as of September 30, 2013, from $457 million as of June 30, 2013 and $431 million as of September 30, 2012, due to expansion of the Company's indirect lending program within existing markets.Commercial real estate loans decreased to $1,441 million as of September 30, 2013, from $1,447 million as of June 30, 2013 and $1,514 million as of September 30, 2012, primarily due to weak loan demand combined with the movement of lower quality loans out of the portfolio through charge-off, pay-off and foreclosure.
First Interstate BancSystem, Inc. Reports Strong Third Quarter Earnings On Improved Credit Quality
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