Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 403

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 8
Chunk 403
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 89 0.39 85 0.37 Revolving mortgage22 0.78 19 0.70 21 0.83 Consumer auto10 0.66 9 0.63 5 0.35 Consumer other27 2.54 43 4.32 47 4.75 Total consumer128 0.45 160 0.56 158 0.56 Total ALLL$1,652 1.14 %$1,672 1.18 %$1,676 1.20 %

The ALLL may vary significantly from period to period due to changes in economic conditions, economic forecasts and the composition and credit quality of the loan and lease portfolio, and the related impacts on the ALLL models. We continuously monitor and update our ALLL estimation methodology, as appropriate. During the current quarter, we updated our PD, LGD, and exposure at default methodology for the global fund banking, investor dependent, residential mortgage, and consumer other portfolios, which contributed to the changes in the ALLL compared to the linked quarter for those portfolios.

Credit Metrics

Nonperforming Assets

Nonperforming assets include nonaccrual loans and leases, other real estate owned (“OREO”) and repossessed assets. Accounting policies related to nonperforming assets are discussed in Note 1—Significant Accounting Policies and Basis of Presentation in the 2024 Form 10-K.  

Table 38Non-Performing Assets

dollars in millionsSeptember 30, 2025June 30, 2025December 31, 2024Nonaccrual loans:Commercial loans$1,194 $1,107 $1,003 Consumer loans212 212 181 Total nonaccrual loans1,406 1,319 1,184 Other real estate owned and repossessed assets98 103 64 Total nonperforming assets$1,504 $1,422 $1,248 Past due loans:Commercial loans$699 $515 $495 Consumer loans198 213 256 Total past due loans$897 $728 $751 Total loans, leases, other real estate owned, and repossessed assets$144,856 $141,372 $140,285 ALLL to total loans and leases1.14 %1.18 %1.20 %