BILLINGS, Mont.–(BUSINESS WIRE)–First Interstate BancSystem, Inc. (NASDAQ: FIBK) (the “Company”) today reported financial results for the second quarter of 2025. For the quarter, the Company reported net income of $71.7 million, or $0.69 per diluted share, which compares to net income of $50.2 million, or $0.49 per diluted share, for the first quarter of 2025 and net income of $60.0 million, or $0.58 per diluted share, for the second quarter of 2024.
HIGHLIGHTS
- Net interest margin increased to 3.30% for the second quarter of 2025, an 11-basis point increase from the first quarter of 2025 and a 33-basis point increase from the second quarter of 2024. Adjusted net FTE interest margin ratio1 increased to 3.26% for the second quarter of 2025, or a 12-basis point increase from the first quarter of 2025 and a 34-basis point increase from the second quarter of 2024.
- Other borrowed funds decreased $710.0 million, or 74.0%, to $250.0 million as of June 30, 2025, from $960.0 million as of March 31, 2025 and decreased $2,180.0 million from $2,430.0 million as of June 30, 2024.
- Non-performing assets decreased $0.9 million, or 0.5%, to $197.5 million as of June 30, 2025, from $198.4 million as of March 31, 2025 and increased $22.6 million, or 12.9%, from $174.9 million as of June 30, 2024.
- Net charge-offs decreased $3.2 million, or 35.6%, to $5.8 million, or an annualized 0.14% of average loans outstanding, as of June 30, 2025, from $9.0 million, or an annualized 0.21% of average loans outstanding, as of March 31, 2025, and decreased $7.7 million, or 57.0%, from $13.5 million, or an annualized 0.30% of average loans outstanding, as of June 30, 2024.
- Classified loans decreased $24.4 million to $458.1 million as of June 30, 2025, compared to $482.5 million as of March 31, 2025, and increased $2.8 million compared to $455.3 million as of June 30, 2024. Criticized loans increased $176.9 million to $1,203.0 million as of June 30, 2025, compared to $1,026.1 million as of March 31, 2025, driven primarily by downgrades in the commercial real estate loan portfolio, and increased $585.0 million, compared to $618.0 million as of June 30, 2024.
- Total deposits decreased $102.2 million at June 30, 2025 from March 31, 2025, with noninterest bearing deposits decreasing by $11.2 million and interest bearing deposits decreasing $91.0 million. Total deposits decreased $240.1 million, or 1.0% from June 30, 2024.
- Completed the outsourcing of our consumer credit card portfolio resulting in the sale of $74.2 million of consumer credit card loans and recognition of a $4.3 million gain, net of the related credit card rewards liability.
- Capital ratios continued to improve during the second quarter of 2025, with our common equity tier 1 capital ratio increasing 90 basis points to 13.43%, compared to the first quarter of 2025, primarily as a result of lower risk-weighted assets.
“Our net interest margin continued to improve as expected, and we are prudently managing expenses while focusing our efforts on organic growth. Our liquidity and capital levels are strong, providing us a solid foundation to grow and improve profitability through relationship banking. This quarter, our results reflect a series of actions that position the bank for future success, including the outsourcing of our consumer credit card product,” said James A. Reuter, President and Chief Executive Officer of First Interstate BancSystem, Inc. “We are pleased with the stability in non-performing assets, net charge-offs, and improvement in classified asset levels. The increase in criticized assets is due mostly to slower lease-up in the multifamily portfolio and reflects our proactive approach to credit risk management.”
DIVIDEND DECLARATION
On July 28, 2025, the Company’s board of directors declared a dividend of $0.47 per common share, payable on August 21, 2025, to common stockholders of record as of August 11, 2025. The dividend equates to a 7.0% annualized yield based on the $26.95 per share average closing price of the Company’s common stock as reported on NASDAQ during the second quarter of 2025.
NET INTEREST INCOME
Net interest income increased $2.2 million, or 1.1%, to $207.2 million during the second quarter of 2025, compared to net interest income of $205.0 million during the first quarter of 2025, primarily due to lower interest expense on other borrowed funds resulting from a decrease in average other borrowed funds balances, partially offset by lower interest income on loans and investment securities resulting from decreases in average balances. Net interest income increased $5.5 million, or 2.7%, during the second quarter of 2025 compared to the second quarter of 2024, primarily due to a decrease in interest expense resulting from decreased rates on other borrowed funds along with a decrease in average other borrowed funds balances, partially offset by lower interest income on investment securities as a result of a decrease in average rates and average investment security balances and as a result of a decrease in average loan balances.
Interest accretion attributable to the fair value of acquired loans contributed to net interest income during the second quarter of 2025, the first quarter of 2025, and the second quarter of 2024, in the amounts of $4.2 million, $4.7 million, and $5.1 million, respectively.
The net interest margin ratio was 3.30% for the second quarter of 2025, compared to 3.19% during the first quarter of 2025, and 2.97% during the second quarter of 2024. The net FTE interest margin ratio1 was 3.32% for the second quarter of 2025, compared to 3.22% during the first quarter of 2025, and 3.00% during the second quarter of 2024. Excluding interest accretion from the fair value of acquired loans the adjusted net FTE interest margin ratio1, was 3.26%, an increase of 12 basis points from the prior quarter, primarily driven by lower interest expense resulting from decreased borrowings. Excluding interest accretion from the fair value of acquired loans, on a year-over-year basis, the adjusted net FTE interest margin ratio increased 34 basis points, primarily as a result of lower interest expense resulting from decreased rates on borrowings, decreased other borrowed funds balances, and a favorable change in the mix of earning assets.
|
1 Represents a Non-GAAP financial measure. See Non-GAAP Financial Measures included below for a reconciliation to this measure’s most directly comparable GAAP financial measure. |
|
PROVISION FOR CREDIT LOSSES
During the second quarter of 2025, the Company recorded a reduction of provision for credit losses of $0.3 million. This compares to a provision for credit losses of $20.0 million and $9.0 million during the first quarter of 2025 and during the second quarter of 2024, respectively.
For the second quarter of 2025, net charge-offs were $5.8 million, or an annualized 0.14% of average loans outstanding, compared to net charge-offs of $9.0 million, or an annualized 0.21% of average loans outstanding, for the first quarter of 2025 and net charge-offs of $13.5 million, or an annualized 0.30% of average loans outstanding, for the second quarter of 2024. Net loan charge-offs in the second quarter of 2025 were composed of charge-offs of $13.0 million, which was offset by recoveries of $7.2 million. Net loan charge-offs in the first quarter of 2025 were composed of charge-offs of $10.8 million, which was offset by recoveries of $1.8 million. Net loan charge-offs in the second quarter of 2024 were composed of charge-offs of $16.3 million, which was offset by recoveries of $2.8 million.
The Company’s allowance for credit losses as a percentage of period-end loans held for investment was 1.28% at June 30, 2025, compared to 1.24% at March 31, 2025 and 1.28% at June 30, 2024. Coverage of non-performing loans decreased to 108.0% at June 30, 2025, compared to 110.5% at March 31, 2025 and 138.4% at June 30, 2024.
NON-INTEREST INCOME
|
For the Quarter Ended |
Jun 30, 2025 |
|
Mar 31, 2025 |
|
$ Change |
% Change |
|
Jun 30, 2024 |
|
$ Change |
% Change |
|||||||||||
|
(Dollars in millions) |
|
|
|
|
||||||||||||||||||
|
Payment services revenues |
$ |
17.8 |
|
$ |
17.1 |
|
$ |
0.7 |
|
4.1 |
% |
|
$ |
18.6 |
|
$ |
(0.8 |
) |
(4.3 |
)% |
||
|
Mortgage banking revenues |
|
1.8 |
|
|
1.4 |
|
|
0.4 |
|
28.6 |
|
|
|
1.7 |
|
|
0.1 |
|
5.9 |
|
||
|
Wealth management revenues |
|
9.7 |
|
|
9.8 |
|
|
(0.1 |
) |
(1.0 |
) |
|
|
9.4 |
|
|
0.3 |
|
3.2 |
|
||
|
Service charges on deposit accounts |
|
6.9 |
|
|
6.6 |
|
|
0.3 |
|
4.5 |
|
|
|
6.4 |
|
|
0.5 |
|
7.8 |
|
||
|
Other service charges, commissions, and fees |
|
2.1 |
|
|
2.3 |
|
|
(0.2 |
) |
(8.7 |
) |
|
|
2.1 |
|
|
— |
|
— |
|
||
|
Other income |
|
2.8 |
|
|
4.8 |
|
|
(2.0 |
) |
(41.7 |
) |
|
|
4.4 |
|
|
(1.6 |
) |
(36.4 |
) |
||
|
Total non-interest income |
$ |
41.1 |
|
$ |
42.0 |
|
$ |
(0.9 |
) |
(2.1 |
)% |
|
$ |
42.6 |
|
$ |
(1.5 |
) |
(3.5 |
)% |
||
Non-interest income was $41.1 million for the second quarter of 2025, decreasing $0.9 million compared to the first quarter of 2025 and $1.5 million compared to the second quarter of 2024. The decreases were primarily due to a decrease in other income which included a $7.3 million valuation allowance for loans transferred from loans held for investment to loans held-for-sale related to the pending sale of the Arizona and Kansas branches, partially offset by a $4.3 million gain, net of the related credit card rewards liability for the sale of our consumer credit card loan portfolio and an increase in life insurance proceeds in the second quarter of 2025.
NON-INTEREST EXPENSE
|
For the Quarter Ended |
Jun 30, 2025 |
|
Mar 31, 2025 |
|
$ Change |
% Change |
|
Jun 30, 2024 |
|
$ Change |
% Change |
|||||||||||
|
(Dollars in millions) |
|
|
|
|
||||||||||||||||||
|
Salaries and wages |
$ |
65.0 |
|
$ |
68.6 |
|
$ |
(3.6 |
) |
(5.2 |
)% |
|
$ |
66.3 |
|
$ |
(1.3 |
) |
(2.0 |
)% |
||
|
Employee benefits |
|
17.9 |
|
|
20.0 |
|
|
(2.1 |
) |
(10.5 |
) |
|
|
16.9 |
|
|
1.0 |
|
5.9 |
|
||
|
Occupancy and equipment |
|
18.6 |
|
|
18.7 |
|
|
(0.1 |
) |
— |
|
|
|
16.9 |
|
|
1.7 |
|
10.1 |
|
||
|
Other intangible amortization |
|
3.4 |
|
|
3.4 |
|
|
— |
|
— |
|
|
|
3.7 |
|
|
(0.3 |
) |
(8.1 |
) |
||
|
Other expenses |
|
50.2 |
|
|
49.4 |
|
|
0.8 |
|
1.6 |
|
|
|
51.1 |
|
|
(0.9 |
) |
(1.8 |
) |
||
|
Other real estate owned expense |
|
— |
|
|
0.5 |
|
|
(0.5 |
) |
(100.0 |
) |
|
|
2.0 |
|
|
(2.0 |
) |
(100.0 |
) |
||
|
Total noninterest expense |
$ |
155.1 |
|
$ |
160.6 |
|
$ |
(5.5 |
) |
(3.4 |
)% |
|
$ |
156.9 |
|
$ |
(1.8 |
) |
(1.1 |
)% |
||
The Company’s non-interest expense was $155.1 million for the second quarter of 2025, a decrease of $5.5 million from the first quarter of 2025 and $1.8 million from the second quarter of 2024.
Salary and wages expense decreased $3.6 million and $1.3 million during the second quarter of 2025 compared to the first quarter of 2025 and the second quarter of 2024, respectively. The decrease when compared to the first quarter of 2025 was primarily due to lower severance and short-term incentive accruals, which were partially offset by higher salaries. The decrease when compared to the second quarter of 2024 was primarily due to lower short-term incentive accruals, which were partially offset by higher salaries and deferred loan costs.
Employee benefit expenses decreased $2.1 million to $17.9 million during the second quarter of 2025, compared to $20.0 million during the first quarter of 2025, primarily due to lower payroll taxes and lower long-term incentives which were partially offset by higher health insurance costs. Employee benefit expenses increased $1.0 million from $16.9 million during the second quarter of 2024, primarily due to higher health insurance costs.
Occupancy and equipment expenses decreased $0.1 million to $18.6 million during the second quarter of 2025, compared to $18.7 million during the first quarter of 2025. Occupancy and equipment expenses increased $1.7 million, or 10.1%, during the second quarter of 2025 from $16.9 million during the second quarter of 2024, primarily due to an increase in maintenance and repairs, snow removal, and janitorial costs.
BALANCE SHEET
Total assets decreased $713.4 million, or 2.5%, to $27,566.4 million as of June 30, 2025, from $28,279.8 million as of March 31, 2025 and decreased $2,723.1 million, or 9.0%, from $30,289.5 million as of June 30, 2024, primarily due to decreases in investment securities and loans, the funds from which were used to pay down debt, fund decreases in deposits, and securities sold under repurchase agreements.
Investment securities decreased $191.6 million, or 2.6%, to $7,312.2 million as of June 30, 2025, from $7,503.8 million as of March 31, 2025, primarily resulting from normal pay-downs and maturities and called securities, partially offset by a $44.7 million increase in fair market values and $25.7 million in purchases of investment securities during the period. Investment securities decreased $1,089.4 million, or 13.0%, from $8,401.6 million as of June 30, 2024, primarily resulting from called securities and normal pay-downs and maturities, partially offset by a $187.9 million increase in fair market values and $25.7 million in purchases of investment securities during the period.
The following table presents the composition and comparison of loans held for investment as of the quarters-ended:
|
|
Jun 30, 2025 |
Mar 31, 2025 |
$ Change |
% Change |
Jun 30, 2024 |
$ Change |
% Change |
|||||||||||||||||||
|
Real Estate: |
|
|
|
|
|
|
|
|||||||||||||||||||
|
Commercial |
$ |
8,750.9 |
|
$ |
9,196.1 |
|
$ |
(445.2 |
) |
(4.8 |
)% |
$ |
9,054.5 |
|
$ |
(303.6 |
) |
(3.4 |
)% |
|||||||
|
Construction |
|
1,004.6 |
|
|
1,097.3 |
|
|
(92.7 |
) |
(8.4 |
) |
|
1,519.9 |
|
|
(515.3 |
) |
(33.9 |
) |
|||||||
|
Residential |
|
2,157.5 |
|
|
2,161.4 |
|
|
(3.9 |
) |
(0.2 |
) |
|
2,246.4 |
|
|
(88.9 |
) |
(4.0 |
) |
|||||||
|
Agricultural |
|
635.6 |
|
|
678.1 |
|
|
(42.5 |
) |
(6.3 |
) |
|
723.5 |
|
|
(87.9 |
) |
(12.1 |
) |
|||||||
|
Total real estate |
|
12,548.6 |
|
|
13,132.9 |
|
|
(584.3 |
) |
(4.4 |
) |
|
13,544.3 |
|
|
(995.7 |
) |
(7.4 |
) |
|||||||
|
Consumer: |
|
|
|
|
|
|
|
|||||||||||||||||||
|
Indirect |
|
607.1 |
|
|
680.2 |
|
|
(73.1 |
) |
(10.7 |
) |
|
733.7 |
|
|
(126.6 |
) |
(17.3 |
) |
|||||||
|
Direct and advance lines |
|
134.4 |
|
|
132.4 |
|
|
2.0 |
|
1.5 |
|
|
139.0 |
|
|
(4.6 |
) |
(3.3 |
) |
|||||||
|
Credit card |
|
— |
|
|
74.2 |
|
|
(74.2 |
) |
(100.0 |
) |
|
76.1 |
|
|
(76.1 |
) |
(100.0 |
) |
|||||||
|
Total consumer |
|
741.5 |
|
|
886.8 |
|
|
(145.3 |
) |
(16.4 |
) |
|
948.8 |
|
|
(207.3 |
) |
(21.8 |
) |
|||||||
|
Commercial |
|
2,529.9 |
|
|
2,770.6 |
|
|
(240.7 |
) |
(8.7 |
) |
|
3,052.9 |
|
|
(523.0 |
) |
(17.1 |
) |
|||||||
|
Agricultural |
|
541.4 |
|
|
595.8 |
|
|
(54.4 |
) |
(9.1 |
) |
|
698.2 |
|
|
(156.8 |
) |
(22.5 |
) |
|||||||
|
Other, including overdrafts |
|
2.0 |
|
|
1.8 |
|
|
0.2 |
|
11.1 |
|
|
3.1 |
|
|
(1.1 |
) |
(35.5 |
) |
|||||||
|
Deferred loan fees and costs |
|
(10.0 |
) |
|
(10.6 |
) |
|
0.6 |
|
(5.7 |
) |
|
(12.3 |
) |
|
2.3 |
|
(18.7 |
) |
|||||||
|
Loans held for investment, net of deferred loan fees and costs |
$ |
16,353.4 |
|
$ |
17,377.3 |
|
$ |
(1,023.9 |
) |
(5.9 |
)% |
$ |
18,235.0 |
|
$ |
(1,881.6 |
) |
(10.3 |
)% |
|||||||
The decline in loans was impacted by $73.1 million of continued amortization of the indirect portfolio for which the Company stopped originating loans during the first quarter of 2025. Additionally, $74.2 million of consumer credit card loans were sold and $338.3 million of loans held for investment related to the pending sale of the Arizona and Kansas branches were transferred to loans held-for-sale and the Company experienced larger loan payoffs during the second quarter of 2025.
The ratio of loans held for investment to deposits was 72.3%, as of June 30, 2025, compared to 76.4% as of March 31, 2025 and 79.7% as of June 30, 2024.
Total deposits decreased $102.2 million to $22,630.6 million as of June 30, 2025, from $22,732.8 million as of March 31, 2025, primarily due to a decrease of $86.8 million of interest bearing savings deposits. Total deposits decreased $240.1 million, or 1.0%, from $22,870.7 million as of June 30, 2024, with decreases in noninterest bearing and time, other interest bearing deposits, which were more than offset by increases in demand, savings, and time, $250 and over interest bearing deposits.
Securities sold under repurchase agreements decreased $18.7 million, or 3.5%, to $509.3 million as of June 30, 2025, from $528.0 million as of March 31, 2025, and decreased $232.5 million, or 31.3%, from $741.8 million as of June 30, 2024, resulting from normal fluctuations in the liquidity needs of the Company’s clients.
Long-term debt increased $121.8 million to $252.0 million as of June 30, 2025, from $130.2 million as of March 31, 2025, primarily due to the Company’s issuance of $125.0 million of subordinated notes in the second quarter of 2025. Long-term debt decreased $131.4 million, from $383.4 million as of June 30, 2024, primarily from the recategorization of $250.0 million of 18-month Federal Home Loan Bank borrowings with remaining maturities of less than one year to other borrowed funds during the third quarter of 2024, partially offset by the issuance of $125.0 million of subordinated notes in the second quarter of 2025.
Other borrowed funds is composed of variable-rate, overnight and fixed-rate borrowings with remaining contractual tenors of up to one year through the Federal Home Loan Bank. Other borrowed funds decreased $710.0 million, or 74.0%, to $250.0 million as of June 30, 2025, from $960.0 million as of March 31, 2025. The decrease was funded by cash flows from paydowns and maturities of investment securities and loans. Other borrowed funds decreased $2,180.0 million from June 30, 2024. The decrease was funded by cash flows from paydowns and maturities of investment securities, which were utilized for the pay-off of the $1.0 billion Bank Term Funding Program in December 2024 and Federal Home Loan Bank borrowings.
The Company is considered to be “well-capitalized” as of June 30, 2025, having exceeded all regulatory capital adequacy requirements. During the second quarter of 2025, the Company paid regular common stock dividends of approximately $49.1 million, or $0.47 per share.
CREDIT QUALITY
As of June 30, 2025, non-performing assets decreased $0.9 million, or 0.5%, to $197.5 million, compared to $198.4 million as of March 31, 2025.
Classified loans decreased $24.4 million to $458.1 million as of June 30, 2025, compared to $482.5 million as of March 31, 2025, and increased $2.8 million compared to $455.3 million as of June 30, 2024. Criticized loans increased $176.9 million, or 17.2%, to $1,203.0 million as of June 30, 2025, from $1,026.1 million as of March 31, 2025, primarily as a result of $200.3 million of commercial real estate loan downgrades, which were partially offset by commercial real estate upgrades, paydowns, and payoffs of $60.6 million.
NON-GAAP FINANCIAL MEASURES
In addition to results presented in accordance with accounting principles generally accepted in the United States of America, or GAAP, this press release contains the following non-GAAP financial measures that management uses to evaluate our performance relative to our capital adequacy standards: (i) tangible common stockholders’ equity; (ii) tangible assets; (iii) tangible book value per common share; (iv) tangible common stockholders’ equity to tangible assets; (v) average tangible common stockholders’ equity; (vi) return on average tangible common stockholders’ equity; (vii) net FTE interest income; (viii) net FTE interest margin ratio; (ix) adjusted net FTE interest income; and (x) adjusted net FTE interest margin ratio. Tangible common stockholders’ equity is calculated as total common stockholders’ equity less goodwill and other intangible assets (excluding mortgage servicing rights). Tangible assets are calculated as total assets less goodwill and other intangible assets (excluding mortgage servicing rights). Tangible book value per common share is calculated as tangible common stockholders’ equity divided by common shares outstanding. Tangible common stockholders’ equity to tangible assets is calculated as tangible common stockholders’ equity divided by tangible assets. Average tangible common stockholders’ equity is calculated as average total stockholders’ equity less average goodwill and other intangible assets (excluding mortgage servicing rights). Return on average tangible common stockholders’ equity is calculated as annualized net income available to common shareholders divided by average tangible common stockholders’ equity. Net FTE interest income is calculated as net interest income, adjusted to include its FTE interest income. Net FTE interest margin ratio is calculated as net FTE interest income divided by average interest earning assets. Adjusted net FTE interest income is calculated as net FTE interest income less purchase accounting interest accretion on acquired loans. Adjusted net FTE interest margin ratio is calculated as annualized adjusted net FTE interest income divided by average interest earning assets. These non-GAAP financial measures may not be comparable to similarly titled measures reported by other companies because other companies may not calculate these non-GAAP measures in the same manner. They also should not be considered in isolation or as a substitute for measures prepared in accordance with GAAP.
The Company adjusts the most directly comparable capital adequacy GAAP financial measures to the non-GAAP financial measures described in subclauses (i) through (vi) above to exclude goodwill and other intangible assets (except mortgage servicing rights), adjusts its GAAP net interest income to include fully taxable equivalent adjustments and further adjusts its net interest income on a fully taxable equivalent basis to exclude purchase accounting interest accretion. Management believes these non-GAAP financial measures, which are intended to complement the capital ratios defined by banking regulators and to present on a consistent basis our and our acquired companies’ organic continuing operations without regard to acquisition costs and other adjustments that we consider to be unpredictable and dependent on a significant number of factors that are outside our control, are useful to investors in evaluating the Company’s performance because, as a general matter, they either do not represent an actual cash expense and are inconsistent in amount and frequency depending upon the timing and size of our acquisitions (including the size, complexity and/or volume of past acquisitions, which may drive the magnitude of acquisition related costs, but may not be indicative of the size, complexity and/or volume of future acquisitions or related costs), or they cannot be anticipated or estimated in a particular period (in particular as it relates to unexpected recovery amounts). This impacts the ratios that are important to analysts and allows investors to compare certain aspects of the Company’s capitalization to other companies.
See the Non-GAAP Financial Measures table included herein and the textual discussion for a reconciliation of the above-described non-GAAP financial measures to their most directly comparable GAAP financial measures.
Cautionary Note Regarding Forward-Looking Statements and Factors that Could Affect Future Results
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act, and Rule 3b-6 promulgated thereunder, that involve inherent risks and uncertainties. Any statements about our plans, objectives, expectations, strategies, beliefs, or future performance or events constitute forward-looking statements. Such statements are identified by words or phrases such as “believes,” “expects,” “anticipates,” “plans,” “trends,” “objectives,” “continues” or similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “might,” “may,” or similar expressions. Forward-looking statements involve known and unknown risks, uncertainties, assumptions, estimates and other important factors that could cause actual results to differ materially from any results, performance or events expressed or implied by such forward-looking statements. Furthermore, the following factors, among others, may cause actual results to differ materially from current expectations in the forward-looking statements, including those set forth in this press release:
- new or changes in existing governmental regulations or in the way such regulations are interpreted or enforced;
- negative developments in the banking industry and increased regulatory scrutiny;
- tax legislative initiatives or assessments;
- more stringent cap
Contacts
David P. Della Camera, CFA
Chief Financial Officer
First Interstate BancSystem, Inc.
(406) 255-5363
[email protected]
