Company: FCNCB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000798941-25-000040
Chunk: 270

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 270
---
 There were no securities past due as of June 30, 2025 or December 31, 2024.The following table provides the amortized cost and fair value by contractual maturity. Expected maturities will differ from contractual maturities on certain securities because borrowers and issuers may have the right to call or prepay obligations with or without prepayment penalties. Residential and commercial mortgage-backed and government agency securities are stated separately as they are not due at a single maturity date.  Maturities - Debt Securities dollars in millionsJune 30, 2025December 31, 2024Amortized CostFair ValueAmortized CostFair ValueInvestment securities available for saleNon-amortizing securities maturing in:One year or less$6,293 $6,307 $5,090 $5,086 After one through five years6,043 6,071 8,945 8,949 After five through 10 years153 145 346 330 After 10 years17 17 22 22 Government agency62 60 79 77 Residential mortgage-backed securities17,118 16,924 16,161 15,620 Commercial mortgage-backed securities3,695 3,536 3,869 3,666 Total investment securities available for sale$33,381 $33,060 $34,512 $33,750 Investment securities held to maturityNon-amortizing securities maturing in:One year or less$467 $463 $429 $419 After one through five years1,429 1,352 1,299 1,208 After five through 10 years386 345 546 468 Residential mortgage-backed securities4,548 4,002 4,558 3,878 Commercial mortgage-backed securities3,359 2,726 3,407 2,729 Total investment securities held to maturity$10,189 $8,888 $10,239 $8,702 

13

The following table presents interest and dividend income on investment securities: Interest and Dividends on Investment Securitiesdollars in millionsThree Months Ended June 30,Six Months Ended June 30,2025202420252024Interest income - taxable investment securities(1)$418 $330 $831 $611 Dividend income - marketable equity securities1 — 2 1