Company: FCNCB
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000798941-25-000024
Chunk: 48

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 1
Chunk 48
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. Treasury$13,150 $— $13,150 $— Government agency69 — 69 — Residential mortgage-backed securities16,605 — 16,605 — Commercial mortgage-backed securities3,594 — 3,594 — Corporate bonds465 — 297 168 Municipal bonds17 — 17 — Total investment securities available for sale$33,900 $— $33,732 $168 Marketable equity securities95 42 53 — Loans held for sale70 — 70 — Loans23 — 23 — Derivative assets (1)Total qualifying hedge assets$1 $— $1 $— Interest rate contracts — non-qualifying hedges$428 $— $425 $3 Foreign exchange contracts — non-qualifying hedges108 — 108 — Other derivative contracts — non-qualifying hedges16 — — 16 Total non-qualifying hedge assets$552 $— $533 $19 Total derivative assets$553 $— $534 $19 LiabilitiesDerivative liabilities (1)Interest rate contracts — qualifying hedges$— $— $— $— Interest rate contracts — non-qualifying hedges$433 $— $433 $— Foreign exchange contracts — non-qualifying hedges107 — 107 — Other derivative contracts — non-qualifying hedges1 — — 1 Total non-qualifying hedge liabilities$541 $— $540 $1 Total derivative liabilities$541 $— $540 $1 (1) Derivative fair values include accrued interest. 

40

dollars in millionsDecember 31, 2024TotalLevel 1Level 2Level 3AssetsInvestment securities available for saleU.S. Treasury$13,903 $— $13,903 $— Government agency77 — 77 — Residential mortgage-backed securities15,620 — 15,620 — Commercial mortgage-backed securities3,666 — 3,666 — Corporate bonds467 — 299 168 Municipal bonds17 — 17 — Total investment securities available for sale$33,750 $