suravikin/iStock via Getty Images In my last article on First interstate BancSystem (NASDAQ:FIBK) I highlighted the stagnant growth of the loan portfolio, which is why the company used to reinvest investment portfolio proceeds into new securities. To date, the strategy has changed, but challenges related to demand for credit remain. In addition, expectations about rate cuts have changed, and management will have to position FIBK so that it can benefit from a lower-than-expected Fed Funds Rate. The dividend ...