<PAGE>
AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON FEBRUARY 11, 1994.
REGISTRATION NO. 33-51383
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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AMENDMENT NO. 2
TO
FORM S-4
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
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FIRST BANK SYSTEM, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
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DELAWARE 6711 41-0255900
(STATE OR OTHER (PRIMARY STANDARD (I.R.S. EMPLOYER
JURISDICTION OF INDUSTRIAL IDENTIFICATION NUMBER)
INCORPORATION OR CLASSIFICATION CODE
ORGANIZATION) NUMBER)
FIRST BANK PLACE
601 SECOND AVENUE SOUTH
MINNEAPOLIS, MINNESOTA 55402-4302
(612) 973-1111
(ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER, INCLUDING AREA CODE, OF
REGISTRANT'S PRINCIPAL EXECUTIVE OFFICES)
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RICHARD A. ZONA
FIRST BANK PLACE
601 SECOND AVENUE SOUTH
MINNEAPOLIS, MINNESOTA 55402-4302
(612) 973-1111
(NAME, ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER, INCLUDING AREA CODE,
OF AGENT FOR SERVICE)
COPIES TO:
LEE R. MITAU, ESQ. R. HENRY KLEEMAN, ESQ.
DORSEY & WHITNEY WILDMAN, HARROLD, ALLEN & DIXON
220 SOUTH SIXTH STREET 225 WEST WACKER DRIVE
MINNEAPOLIS, MINNESOTA 55402-1498 CHICAGO, ILLINOIS 60606-1229
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APPROXIMATE DATE OF COMMENCEMENT OF PROPOSED SALE TO THE PUBLIC: As soon as
practicable after the effective date of this Registration Statement.
If any of the securities being registered on this Form are being offered in
connection with the formation of a holding company and there is compliance with
General Instruction G, check the following box. [_]
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THE REGISTRANT HEREBY AMENDS THIS REGISTRATION STATEMENT ON SUCH DATE OR
DATES AS MAY BE NECESSARY TO DELAY ITS EFFECTIVE DATE UNTIL THE REGISTRANT
SHALL FILE A FURTHER AMENDMENT WHICH SPECIFICALLY STATES THAT THIS REGISTRATION
STATEMENT SHALL THEREAFTER BECOME EFFECTIVE IN ACCORDANCE WITH SECTION 8(A) OF
THE SECURITIES ACT OF 1933 OR UNTIL THE REGISTRATION STATEMENT SHALL BECOME
EFFECTIVE ON SUCH DATE AS THE COMMISSION, ACTING PURSUANT TO SAID SECTION 8(A),
MAY DETERMINE.
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PART II
INFORMATION NOT REQUIRED IN PROSPECTUS
ITEM 21. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES.
(a) EXHIBITS.
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<C> <S> <C>
23.3 Consent of Ernst & Young (relating to financial statements of
First Bank System, Inc. and Colorado National Bankshares,
Inc.)
23.4 Consent of Price Waterhouse (relating to financial statements
of Boulevard Bancorp, Inc.)
23.5 Consent of Deloitte & Touche (relating to financial statements
of Western Capital Investment Corporation)
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II-1
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SIGNATURES
PURSUANT TO THE REQUIREMENTS OF THE SECURITIES ACT OF 1933, THE REGISTRANT
HAS DULY CAUSED THIS AMENDMENT NO. 2 TO THE REGISTRATION STATEMENT TO BE SIGNED
ON ITS BEHALF BY THE UNDERSIGNED, THEREUNTO DULY AUTHORIZED, IN THE CITY OF
MINNEAPOLIS, STATE OF MINNESOTA, ON FEBRUARY 11, 1994.
First Bank System, Inc.
/s/ John F. Grundhofer
By __________________________________
John F. Grundhofer
Chairman, President and Chief
Executive Officer
PURSUANT TO THE REQUIREMENTS OF THE SECURITIES ACT OF 1933, THIS AMENDMENT
NO. 2 TO THE REGISTRATION STATEMENT HAS BEEN SIGNED BY THE FOLLOWING PERSONS IN
THE CAPACITIES AND ON THE DATES INDICATED.
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<CAPTION>
SIGNATURE AND TITLE DATE
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<S> <C>
/s/ John F. Grundhofer
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John F. Grundhofer, February 11, 1994
Chairman, President, Chief Executive
Officer
and Director (principal executive officer)
/s/ Richard A. Zona
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Richard A. Zona, February 11, 1994
Vice Chairman and Chief Financial Officer
(principal financial officer)
/s/ Susan E. Lester
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Susan E. Lester, February 11, 1994
Executive Vice President and Controller
(principal accounting officer)
Coleman Bloomfield*
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Coleman Bloomfield, Director February 11, 1994
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Roger L. Hale, Director
John H. Kareken*
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John H. Kareken, Director February 11, 1994
Richard L. Knowlton*
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Richard L. Knowlton, Director February 11, 1994
Kenneth A. Macke*
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Kenneth A. Macke, Director February 11, 1994
</TABLE>
II-2
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<TABLE>
<CAPTION>
SIGNATURE AND TITLE DATE
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<S> <C>
Thomas F. Madison*
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Thomas F. Madison, Director February 11, 1994
Marilyn C. Nelson*
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Marilyn C. Nelson, Director February 11, 1994
Will F. Nicholson, Jr.*
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Will F. Nicholson, Jr., Director February 11, 1994
Nicholas R. Petry*
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Nicholas R. Petry, Director February 11, 1994
Edward J. Phillips*
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Edward J. Phillips, Director February 11, 1994
James J. Renier*
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James J. Renier, Director February 11, 1994
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S. Walter Richey, Director
Richard L. Robinson*
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Richard L. Robinson, Director February 11, 1994
Richard L. Schall*
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Richard L. Schall, Director February 11, 1994
Lyle E. Schroeder*
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Lyle E. Schroeder, Director February 11, 1994
</TABLE>
/s/ Susan E. Lester
*By__________________________________
Susan E. Lester,
Pro se and as Attorney-in-Fact
II-3
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EXHIBIT INDEX
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<CAPTION>
EXHIBIT DESCRIPTION PAGE
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<C> <S> <C>
23.3 Consent of Ernst & Young (relating to financial statements of
First Bank System, Inc. and Colorado National Bankshares,
Inc.)
23.4 Consent of Price Waterhouse (relating to financial statements
of Boulevard Bancorp, Inc.)
23.5 Consent of Deloitte & Touche (relating to financial statements
of Western Capital Investment Corporation)
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Exhibit 23.3
CONSENT OF INDEPENDENT AUDITORS
We consent to the reference to our firm under the caption "Experts" and to the
use of our report dated January 20, 1993, except for Notes C and I, as to which
the date is May 28, 1993, with respect to the supplemental consolidated
financial statements in Amendment No. 1 to the Registration Statement (Form S-4
No. 33-51383) and related Prospectus of First Bank System, Inc. for the
registration of 7,169,565 shares of its common stock.
Ernst & Young
Minneapolis, Minnesota
February 7, 1994
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EXHIBIT 23.4
CONSENT OF INDEPENDENT ACCOUNTANT
We hereby consent to the use in the Propectus constituting part of Amendment
No. 1 to the Registration Statement on Form S-4 of First Bank System, Inc. of
our report dated January 21, 1993, relating to the financial statements of
Boulevard Bancorp Inc., which appears in such Prospectus. We also consent to
the reference to us under the heading "Experts" in such Prospectus.
/s/ PRICE WATERHOUSE
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PRICE WATERHOUSE
Chicago, Illinois
February 10, 1994
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Exhibit 23.5
INDEPENDENT AUDITORS' CONSENT
We consent to the use in this Amendment No. 2 to Registration Statement No.
33-51383, relating to the merger of First Bank System, Inc. and Boulevard
Bancorp, Inc. on Form S-4, of our report dated January 30, 1992 relating to the
financial statements of Western Capital Investment Corporation included in the
Current Report on Form 8-K dated July 29, 1993 of First Bank System, Inc.
Deloitte & Touche
DELOITTE & TOUCHE
Denver, Colorado
February 4, 1994
