First Interstate BancSystem, Inc. announced net loan charge-offs for the fourth quarter ended December 31, 2022. Net loan charge-offs decreased $10.9 million to $1.1 million during the fourth quarter of 2022 as compared to $12.0 million during the third quarter of 2022. The net loan charge-offs in the fourth quarter of 2022 were composed of charge-offs of $5.2 million and recoveries of $4.1 million.