Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 65

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 2
Chunk 65
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$136,723 Percent of loans in each category to total loans80 %20 %100 %79 %21 %100 %

The ALLL at September 30, 2025 was $1.65 billion, representing a decrease of $24 million from December 31, 2024, mainly due to the changes discussed above, and a modest shift in our weighting from the downside to baseline economic scenario in the linked quarter as further discussed in the “ALLL Methodology” section of this MD&A, partially offset by the impact of loan growth. 

Net charge-offs for the current YTD were $497 million, an increase of $117 million from $380 million for the prior YTD. The higher net charge-offs within commercial loans were mainly due to the commercial and industrial loan class, which included the previously discussed charge-off on a single supply chain finance client, partially offset by lower net charge-offs in the investor dependent loan class.

Table 36ALLL Ratios

dollars in millionsSeptember 30, 2025June 30, 2025December 31, 2024ALLL$1,652 $1,672 $1,676 Total loans and leases$144,758 $141,269 $140,221 ALLL to total loans and leases1.14 %1.18 %1.20 %Commercial loans and leases:ALLL - commercial$1,524 $1,512 $1,518 Commercial loans and leases$116,428 $113,007 $111,993 Commercial ALLL to commercial loans and leases1.31 %1.34 %1.35 %Consumer loans:ALLL - consumer$128 $160 $158 Consumer loans$28,330 $28,262 $28,228 Consumer ALLL to consumer loans0.45 %0.56 %0.56 %

The ALLL as a percentage of total loans and leases at September 30, 2025 was 1.14%, compared to 1.18% at June 30, 2025 and 1.20% at December 31, 2024. The trends in the ALLL are discussed above. 

93

Table 37ALLL by Loan Class

dollars in millionsSeptember 30, 2025June 30, 2025December 31, 202