Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 149

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 1
Chunk 149
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924 Accrued interest receivable945 — 945 — 945 Federal Home Loan Bank stock20 — 20 — 20 Mortgage servicing rights30 — — 48 48 Derivative assets - non-qualifying hedges570 — 545 25 570 Financial LiabilitiesDeposits with no stated maturity152,116 — 152,116 — 152,116 Time deposits11,074 — 11,058 — 11,058 Credit balances of factoring clients1,326 — — 1,326 1,326 Securities sold under customer repurchase agreements423 — 423 — 423 Long-term borrowings38,185 — 38,211 — 38,211 Accrued interest payable105 — 105 — 105 Derivative liabilities - non-qualifying hedges520 — 519 1 520 December 31, 2024Estimated Fair ValueCarrying ValueLevel 1Level 2Level 3TotalFinancial AssetsCash and due from banks$814 $814 $— $— $814 Interest-earning deposits at banks21,364 21,364 — — 21,364 Securities purchased under agreements to resell158 — 158 — 158 Investment in marketable equity securities101 48 53 — 101 Investment securities available for sale33,750 — 33,582 168 33,750 Investment securities held to maturity10,239 — 8,702 — 8,702 Loans held for sale82 — 55 27 82 Net loans136,567 — 1,463 133,409 134,872 Accrued interest receivable902 — 902 — 902 Federal Home Loan Bank stock20 — 20 — 20 Mortgage servicing rights27 — — 47 47 Derivative assets - qualifying hedges1 — 1 — 1 Derivative assets - non-qualifying hedges659 — 642 17 659 Financial LiabilitiesDeposits with no stated maturity141,976 — 141,976 — 141,976 Time deposits13,253 — 13,247 — 13