First Interstate Bank 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
Altria Group Inc	Com	02209S103	243	6,485	SH		SOLE		6,245	0	240
Altria Group Inc	Com	02209S103	103	2,750	SH		DFND		750	0	2,000
Amazon.Com Inc	Com	023135106	3,153	9,373	SH		SOLE		9,348	0	25
Amazon.Com Inc	Com	023135106	173	513	SH		DFND		513	0	0
AMCOL International Corporatio	Com	02341W103	429	9,370	SH		SOLE		9,370	0	0
American Express Company	Com	025816109	8,364	92,907	SH		SOLE		92,618	0	289
American Express Company	Com	025816109	379	4,214	SH		DFND		4,044	0	170
Amgen Inc	Com	031162100	281	2,282	SH		SOLE		2,282	0	0
Amgen Inc	Com	031162100	62	500	SH		DFND		500	0	0
Apache Corporation	Com	037411105	3,921	47,269	SH		SOLE		47,145	0	124
Apache Corporation	Com	037411105	159	1,917	SH		DFND		1,917	0	0
Apple Computer Inc	Com	037833100	13,039	24,293	SH		SOLE		24,227	0	66
Apple Computer Inc	Com	037833100	732	1,363	SH		DFND		1,363	0	0
Automatic Data Processing Inc	Com	053015103	206	2,672	SH		SOLE		2,672	0	0
BB&T Corporation	Com	054937107	4,451	110,795	SH		SOLE		110,467	0	328
BB&T Corporation	Com	054937107	271	6,735	SH		DFND		6,735	0	0
BP PLC Formerly BP Amoco PLC S	Com	055622104	181	3,760	SH		SOLE		3,760	0	0
BP PLC Formerly BP Amoco PLC S	Com	055622104	55	1,152	SH		DFND		1,152	0	0
Baker Hughes Inc	Com	057224107	9,015	138,653	SH		SOLE		138,303	0	350
Baker Hughes Inc	Com	057224107	450	6,923	SH		DFND		6,923	0	0
Berkshire Hathaway Inc Del Cl	Com	084670108	749	4	SH		DFND		4	0	0
Berkshire Hathaway Inc - Cl B	Com	084670702	5,060	40,491	SH		SOLE		40,380	0	111
Berkshire Hathaway Inc - Cl B	Com	084670702	470	3,759	SH		DFND		3,609	100	50
BHP Billiton Limited ADR	Com	088606108	4,518	66,664	SH		SOLE		66,448	0	216
BHP Billiton Limited ADR	Com	088606108	298	4,390	SH		DFND		4,390	0	0
Boeing Company	Com	097023105	301	2,400	SH		SOLE		2,400	0	0
Bristol Myers Squibb Company	Com	110122108	5,700	109,719	SH		SOLE		109,417	0	302
Bristol Myers Squibb Company	Com	110122108	330	6,348	SH		DFND		6,348	0	0
Canadian Energy Services & Tec	Com	13566W108	259	10,000	SH		DFND		0	6,000	4,000
Caterpillar Inc	Com	149123101	6,124	61,626	SH		SOLE		61,446	0	180
Caterpillar Inc	Com	149123101	411	4,133	SH		DFND		4,133	0	0
Celgene Corp	Com	151020104	5,238	37,520	SH		SOLE		37,423	0	97
Celgene Corp	Com	151020104	339	2,430	SH		DFND		2,330	0	100
Chevron Corp	Com	166764100	6,321	53,157	SH		SOLE		52,975	0	182
Chevron Corp	Com	166764100	412	3,467	SH		DFND		3,070	397	0
Chimera Investment Corporation	Com	16934Q109	31	10,000	SH		DFND		0	10,000	0
Cisco Systems Inc	Com	17275R102	7,018	313,116	SH		SOLE		312,435	0	681
Cisco Systems Inc	Com	17275R102	388	17,320	SH		DFND		14,367	0	2,953
Citigroup Inc	Com	172967424	8,352	175,459	SH		SOLE		175,339	0	120
Citigroup Inc	Com	172967424	425	8,932	SH		DFND		8,732	0	200
Costco Wholesale Corporation	Com	22160K105	4,639	41,542	SH		SOLE		41,437	0	105
Costco Wholesale Corporation	Com	22160K105	318	2,847	SH		DFND		2,847	0	0
DFA Emerging Markets Sml Cap	Com	233203611	11,294	543,256	SH		SOLE		542,422	0	834
DFA Emerging Markets Sml Cap	Com	233203611	372	17,907	SH		DFND		17,014	644	249
Danaher Corporation	Com	235851102	280	3,735	SH		SOLE		3,735	0	0
Danaher Corporation	Com	235851102	60	800	SH		DFND		800	0	0
Deere & Company	Com	244199105	6,754	74,385	SH		SOLE		74,248	0	137
Deere & Company	Com	244199105	352	3,879	SH		DFND		3,879	0	0
Disney Walt Co Holdings	Com	254687106	8,472	105,802	SH		SOLE		105,512	0	290
Disney Walt Co Holdings	Com	254687106	426	5,323	SH		DFND		5,123	0	200
Du Pont E I De Nemours & Compa	Com	263534109	6,283	93,640	SH		SOLE		93,319	0	321
Du Pont E I De Nemours & Compa	Com	263534109	373	5,552	SH		DFND		5,552	0	0
EMC Corporation	Com	268648102	8,781	320,347	SH		SOLE		319,706	0	641
EMC Corporation	Com	268648102	452	16,499	SH		DFND		16,499	0	0
Eaton Vance Fl Rate Adv-I	Com	277923637	24,641	2,207,935	SH		SOLE		2,202,303	0	5,632
Eaton Vance Fl Rate Adv-I	Com	277923637	789	70,682	SH		DFND		67,853	2,606	223
Emerson Electric Company	Com	291011104	6,986	104,579	SH		SOLE		104,320	0	259
Emerson Electric Company	Com	291011104	402	6,023	SH		DFND		6,023	0	0
Exxon Mobil Corporation	Com	30231G102	9,011	92,253	SH		SOLE		91,946	0	307
Exxon Mobil Corporation	Com	30231G102	518	5,305	SH		DFND		5,305	0	0
FEI Company	Com	30241L109	237	2,300	SH		DFND		0	1,500	800
First Interstate Bancsystem In	Com	32055Y201	1,353	47,949	SH		SOLE		40,500	0	7,449
First Interstate Bancsystem In	Com	32055Y201	3,520	124,726	SH		DFND		0	0	124,726
Fluor Corporation	Com	343412102	449	5,773	SH		SOLE		5,773	0	0
Ford Motor Company	Com	345370860	5,636	361,313	SH		SOLE		360,201	0	1,112
Ford Motor Company	Com	345370860	318	20,409	SH		DFND		19,659	0	750
General Electric Company	Com	369604103	10,718	413,981	SH		SOLE		412,760	0	1,221
General Electric Company	Com	369604103	599	23,126	SH		DFND		22,526	0	600
ESCROW POSITION ONLY-GM Corp S	Cv Pfd Stk	370ESCBS3	0	100,000	SH		SOLE		100,000	0	0
Gilead Sciences Inc.	Com	375558103	5,346	75,448	SH		SOLE		75,237	0	211
Gilead Sciences Inc.	Com	375558103	301	4,249	SH		DFND		4,049	0	200
Glacier Bancorp Inc	Com	37637Q105	592	20,358	SH		SOLE		17,894	0	2,464
Glaxo Smithkline Sponsored ADR	Com	37733W105	11	200	SH		SOLE		200	0	0
Glaxo Smithkline Sponsored ADR	Com	37733W105	218	4,087	SH		DFND		0	2,000	2,087
Goldcorp Inc	Com	380956409	1	50	SH		SOLE		50	0	0
Goldcorp Inc	Com	380956409	228	9,300	SH		DFND		0	8,000	1,300
GS-International Sml Cap Insig	Com	38144N593	23,932	2,218,002	SH		SOLE		2,211,101	0	6,901
GS-International Sml Cap Insig	Com	38144N593	1,175	108,925	SH		DFND		104,873	2,285	1,766
Google Inc	Com	38259P508	460	413	SH		SOLE		413	0	0
Google Inc	Com	38259P508	27	24	SH		DFND		24	0	0
Home Depot Inc	Com	437076102	142	1,800	SH		SOLE		1,800	0	0
Home Depot Inc	Com	437076102	175	2,212	SH		DFND		925	0	1,287
Illinois Tool Works Inc	Com	452308109	6,748	82,968	SH		SOLE		82,682	0	286
Illinois Tool Works Inc	Com	452308109	397	4,876	SH		DFND		4,876	0	0
Intel Corporation	Com	458140100	5,151	199,527	SH		SOLE		198,937	0	590
Intel Corporation	Com	458140100	361	13,979	SH		DFND		13,979	0	0
iShares S&P Pref Stock Index F	Com	464288687	2,594	66,459	SH		SOLE		66,459	0	0
iShares S&P Pref Stock Index F	Com	464288687	263	6,740	SH		DFND		5,975	765	0
JP Morgan Chase & Company	Com	46625H100	13,395	220,632	SH		SOLE		219,940	0	692
JP Morgan Chase & Company	Com	46625H100	649	10,690	SH		DFND		10,690	0	0
Jacobs Engineering Group Inc	Com	469814107	4,747	74,753	SH		SOLE		74,547	0	206
Jacobs Engineering Group Inc	Com	469814107	258	4,062	SH		DFND		4,062	0	0
Johnson & Johnson	Com	478160104	2	20	SH		SOLE		20	0	0
Johnson & Johnson	Com	478160104	210	2,135	SH		DFND		235	600	1,300
Johnson Controls Inc	Com	478366107	1,064	22,490	SH		SOLE		22,490	0	0
Johnson Controls Inc	Com	478366107	40	850	SH		DFND		850	0	0
Keycorp	Com	493267108	142	10,000	SH		SOLE		10,000	0	0
Kirkland Lake Gold Inc	Com	49740P106	76	25,000	SH		DFND		0	20,000	5,000
Legumex Walker Inc	Com	524677101	104	25,000	SH		DFND		0	25,000	0
Limoneira Company	Com	532746104	2,835	125,000	SH		SOLE		125,000	0	0
MDU Resources Group Inc	Com	552690109	137	3,992	SH		SOLE		3,992	0	0
MDU Resources Group Inc	Com	552690109	2,491	72,600	SH		DFND		0	0	72,600
Marathon Oil Corporation	Com	565849106	185	5,217	SH		SOLE		5,217	0	0
Marathon Oil Corporation	Com	565849106	19	543	SH		DFND		0	543	0
McDonalds Corporation	Com	580135101	7,659	78,133	SH		SOLE		77,896	0	237
McDonalds Corporation	Com	580135101	331	3,377	SH		DFND		3,377	0	0
McKesson Corporation	Com	58155Q103	6,638	37,593	SH		SOLE		37,508	0	85
McKesson Corporation	Com	58155Q103	303	1,717	SH		DFND		1,717	0	0
Merck & Co Inc	Com	58933Y105	39	682	SH		SOLE		682	0	0
Merck & Co Inc	Com	58933Y105	358	6,312	SH		DFND		812	2,500	3,000
Microsoft Corporation	Com	594918104	10,756	262,395	SH		SOLE		261,627	0	768
Microsoft Corporation	Com	594918104	754	18,384	SH		DFND		12,484	1,000	4,900
Mondelez International Inc	Com	609207105	5,908	170,989	SH		SOLE		170,523	0	466
Mondelez International Inc	Com	609207105	333	9,631	SH		DFND		9,631	0	0
National Oilwell Varco Inc	Com	637071101	4,985	64,014	SH		SOLE		63,889	0	125
National Oilwell Varco Inc	Com	637071101	273	3,510	SH		DFND		3,510	0	0
Nordstrom Inc	Com	655664100	6,100	97,679	SH		SOLE		97,313	0	366
Nordstrom Inc	Com	655664100	349	5,595	SH		DFND		5,595	0	0
Norfolk Southern Corporation	Com	655844108	381	3,920	SH		SOLE		3,920	0	0
Northern Trust Corporation	Com	665859104	5,047	76,981	SH		SOLE		76,827	0	154
Northern Trust Corporation	Com	665859104	326	4,972	SH		DFND		4,972	0	0
Osisko Mining Corp	Com	688278100	329	53,000	SH		DFND		0	40,000	13,000
Pepsico Inc	Com	713448108	7,553	90,451	SH		SOLE		90,106	0	345
Pepsico Inc	Com	713448108	376	4,498	SH		DFND		4,498	0	0
Pfizer Inc	Com	717081103	252	7,835	SH		SOLE		7,785	0	50
Pfizer Inc	Com	717081103	13	398	SH		DFND		398	0	0
Philip Morris International	Com	718172109	4,722	57,678	SH		SOLE		57,491	0	187
Philip Morris International	Com	718172109	251	3,064	SH		DFND		3,064	0	0
Plum Creek Timber Company Inc	Com	729251108	240	5,717	SH		SOLE		5,717	0	0
Principal Global Real Estate S	Com	74254V273	19,808	2,335,859	SH		SOLE		2,328,661	0	7,198
Principal Global Real Estate S	Com	74254V273	778	91,760	SH		DFND		88,597	2,571	592
Procter & Gamble Company	Com	742718109	8,992	111,563	SH		SOLE		111,196	0	367
Procter & Gamble Company	Com	742718109	455	5,641	SH		DFND		5,641	0	0
Qualcomm Inc	Com	747525103	7,324	92,874	SH		SOLE		92,704	0	170
Qualcomm Inc	Com	747525103	433	5,490	SH		DFND		5,190	0	300
Roche Holdings LTD Spons ADR	Com	771195104	10,121	269,888	SH		SOLE		269,120	0	768
Roche Holdings LTD Spons ADR	Com	771195104	537	14,331	SH		DFND		13,881	0	450
SPDR Trust Unit Series 1	Com	78462F103	224	1,198	SH		SOLE		1,198	0	0
SPDR Trust Unit Series 1	Com	78462F103	37	200	SH		DFND		200	0	0
Schlumberger Limited	Com	806857108	9,659	99,068	SH		SOLE		98,848	0	220
Schlumberger Limited	Com	806857108	516	5,295	SH		DFND		5,145	0	150
Silver Wheaton Corporation	Com	828336107	250	11,000	SH		DFND		0	11,000	0
Skyworks Solutions Inc.	Com	83088M102	9,983	266,070	SH		SOLE		265,469	0	601
Skyworks Solutions Inc.	Com	83088M102	494	13,159	SH		DFND		13,159	0	0
Spyglass Resources Corp	Com	852193101	100	60,510	SH		DFND		0	51,510	9,000
Surge Energy Inc	Com	86880Y109	56	10,000	SH		DFND		0	10,000	0
Target Corporation	Com	87612E106	4,902	81,005	SH		SOLE		80,693	0	312
Target Corporation	Com	87612E106	277	4,578	SH		DFND		4,578	0	0
Teradata Corp	Com	88076W103	3,311	67,305	SH		SOLE		67,305	0	0
Teradata Corp	Com	88076W103	167	3,405	SH		DFND		3,405	0	0
Texas Rare Earth Resources Cor	Com	882672108	4	10,000	SH		DFND		0	10,000	0
3M Company	Com	88579Y101	241	1,773	SH		SOLE		1,773	0	0
3M Company	Com	88579Y101	41	300	SH		DFND		300	0	0
Twin Butte Energy LTD	Com	901401307	90	45,000	SH		DFND		0	35,000	10,000
U S Bancorp Del	Com	902973304	6,391	149,118	SH		SOLE		148,635	0	483
U S Bancorp Del	Com	902973304	338	7,885	SH		DFND		7,885	0	0
Union Pacific Corporation	Com	907818108	6,440	34,316	SH		SOLE		34,194	0	122
Union Pacific Corporation	Com	907818108	353	1,883	SH		DFND		1,783	0	100
United Technologies Corporatio	Com	913017109	209	1,792	SH		SOLE		1,792	0	0
United Technologies Corporatio	Com	913017109	8	66	SH		DFND		66	0	0
Unitedhealth Group Inc	Com	91324P102	9,775	119,218	SH		SOLE		118,753	0	465
Unitedhealth Group Inc	Com	91324P102	471	5,743	SH		DFND		5,593	0	150
Vanguard Short Term TIPS	Com	922020805	475	9,633	SH		SOLE		9,633	0	0
Vangaurd Growth Index Fund- Si	Com	922908470	363	8,142	SH		DFND		8,142	0	0
Viaspace Inc	Com	92554W106	0	33,000	SH		SOLE		33,000	0	0
Wells Fargo & Company	Com	949746101	322	6,481	SH		SOLE		6,481	0	0
Wells Fargo & Company	Com	949746101	20	400	SH		DFND		400	0	0
Zargon Oil & Gas Ltd	Com	989133202	230	29,000	SH		DFND		0	25,000	4,000
Fractional American Intl Group	Com	ACG874152	0	52,004	SH		SOLE		52,004	0	0
Hannans Reward Ltd	Com	ZZ7823375	1	195,000	SH		SOLE		195,000	0	0
Errawarra Resources LTD	Com	ZZC990137	0	50,000	SH		SOLE		50,000	0	0