Company: FCNCB
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000798941-25-000024
Chunk: 345

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 2
Chunk 345
---
 EVEChange in interest rate (bps)March 31, 2025December 31, 2024-2003.2  %5.4  %-1002.5 3.1 +100(2.9)(3.2)+200(5.5)(7.0)

In addition to the above reported sensitivities, a wide variety of potential interest rate scenarios are simulated within our asset/liability management system. Scenarios that impact balance sheet composition or the sensitivity to key assumptions are also evaluated.

We use results of our various interest rate risk analyses to formulate and implement asset and liability management strategies, in coordination with the Asset and Liability Committee, to achieve the desired risk profile, while managing our objectives for market risk and other strategic objectives. Specifically, we may manage our interest rate risk position through certain pricing strategies and product design for loans and deposits, our investment portfolio, funding portfolio, or by using derivatives to mitigate earnings volatility. 

The above sensitivities provide an estimate of our interest rate sensitivity; however, they do not account for potential changes in credit quality, size, mix, or changes in the competition for business in the industries we serve. They also do not account for other business developments and other actions. Accordingly, we can give no assurance that actual results would not differ materially from the estimated outcomes of our simulations. 

Loan Maturity and Loan Interest Rate Sensitivity

The following table provides loan maturity distribution information:

Table 44

Loan Maturity Distribution

dollars in millionsAt March 31 2025, MaturingWithinOne YearOne to FiveYearsFive to 15YearsAfter 15 YearsTotalCommercialCommercial construction$1,610 $3,129 $745 $45 $5,529 Owner occupied commercial mortgage1,990 7,826 6,693 442 16,951 Non-owner occupied commercial mortgage3,719 9,442 2,144 834 16,139 Commercial and industrial8,612 17,732 4,516 1,039 31,899 Leases641 1,300 81 — 2,022 Total commercial16,572 39,429 14,179 2,360 72,540 ConsumerResidential mortgage962 2,818 7,597 11,683 23,060 Revolving mortgage69 187 966 1,413 2,635 Consumer auto336 1,