Company: FCNCB
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000798941-25-000024
Chunk: 255

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 8
Chunk 255
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ingencies for information relating to off-balance sheet commitments.  

The following table presents the ALLL by loan class:

Table 33

ALLL by Loan Class

dollars in millionsMarch 31, 2025December 31, 2024ALLLALLL as a Percentage of LoansALLLALLL as a Percentage of LoansCommercialCommercial construction$61 1.10 %$53 1.03 %Owner occupied commercial mortgage54 0.32 51 0.30 Non-owner occupied commercial mortgage331 2.05 340 2.10 Commercial and industrial596 1.87 583 1.84 Leases36 1.79 36 1.80 Total commercial1,078 1.49 1,063 1.48 ConsumerResidential mortgage87 0.38 85 0.37 Revolving mortgage23 0.87 21 0.83 Consumer auto9 0.60 5 0.35 Consumer other44 4.59 47 4.75 Total consumer163 0.58 158 0.56 SVBGlobal fund banking75 0.26 75 0.27 Investor dependent - early stage72 7.92 87 8.71 Investor dependent - growth stage104 5.10 108 4.91 Innovation C&I and cash flow dependent188 2.05 185 2.03 Total SVB439 1.08 455 1.13 Total ALLL$1,680 1.19 %$1,676 1.20 %

85

Credit Metrics

Nonperforming Assets

Nonperforming assets include nonaccrual loans and leases, 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.  

The following table presents total nonperforming assets:

Table 34

Non-Performing Assets

dollars in millionsMarch 31, 2025December 31, 2024Nonaccrual loans:Commercial loans$838 $812 Consumer loans196 181 SVB loans172 191 Total nonaccrual loans1,206 1,184 Other real estate owned and repossessed assets105 64