A Message from CEO Peter Stenehjem

2025 marked an important chapter for First International Bank & Trust — not just as a year of strong performance, but as a year of continuity and purpose. In his first full year as CEO, Peter Stenehjem reflects on how our legacy continues to guide decision‑making, growth, and service across the organization.

Supporting Families and Businesses

With Vice Chairman Blaine DesLauriers

Our personal, mortgage, commercial, and agriculture teams worked alongside customers at every stage – from first homes to growing enterprises. In 2025, that included one of the strongest mortgage years on record, continued growth in commercial and treasury services, and steady support for agricultural producers navigating market and weather volatility.

Credit Quality & Risk

With Chief Credit Officer Dennis Walsh

For decades, strong judgment and disciplined decision‑making have guided FIBT through every cycle. In 2025, that commitment remained rooted in the people behind the scenes who protect our customers, uphold rigorous standards, and ensure stability long before results are reported. As one chapter closes, our foundation remains strong, built on a culture of integrity, accountability, and trust that will carry FIBT forward.

Performance Rooted in Discipline

with Chief Financial Officer Jason Johnson

Our financial results in 2025 reflect thoughtful growth paired with careful stewardship. It was a year defined by resilience, expanding loans and deposits, maintaining strong capital, and delivering consistent performance even in a complex economic environment.

Payments Innovation at Scale

With Chief Payments Officer Trent Sorbe

Through Kotapay, FIBT continues to play a growing role in the national payments ecosystem. In 2025, Kotapay processed over $124 billion in payments, serving more than 107,000 clients nationwide while maintaining the compliance rigor and service standards of a regulated financial institution. We also took meaningful steps toward the future with Kavinu, our next‑generation Banking‑as‑a‑Service platform, designed to power fintech growth with security, transparency, and scalability at its core.

Service to Our Communities

With Chief Experience Officer Wendy Wills

Our commitment to community remains a defining part of who we are. In 2025, FIBT invested millions in charitable giving and volunteered thousands of hours supporting education, health, recreation, and local nonprofits across our footprint.