Company: FCNCB
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000798941-25-000010
Chunk: 187

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 187
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 3 1 1 121 Total commercial434 4 1 2 441 ConsumerResidential mortgage12 — 1 1 14 Revolving mortgage3 — — — 3 Total consumer15 — 1 1 17 SVBInvestor dependent - early stage22 — — 4 26 Investor dependent - growth stage36 — — — 36 Innovation C&I and cash flow dependent39 — — 40 79 Total SVB97 — — 44 141 Total loans and leases$546 $4 $2 $47 $599 At December 31, 2024, there were $55 million of commitments to lend additional funds to debtors experiencing financial difficulty for which the terms of the loan were modified during the twelve months ended December 31, 2024. At December 31, 2023, there were $13 million of commitments to lend additional funds to debtors experiencing financial difficulty for which the terms of the loan were modified during the twelve months ended December 31, 2023.

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Loans Pledged The following table provides information regarding loans pledged as collateral for borrowing capacity through the FHLB of Atlanta, the FRB and FDIC. Loans Pledged dollars in millionsDecember 31, 2024December 31, 2023FHLB of AtlantaLendable collateral value of pledged non-PCD loans$17,873 $15,072 Less: advances— — Less: letters of credit1,450 1,450 Available borrowing capacity$16,423 $13,622 Pledged non-PCD loans$30,421 $25,370 FRBLendable collateral value of pledged non-PCD loans$5,475 $5,115 Less: advances— — Available borrowing capacity$5,475 $5,115 Pledged non-PCD loans$6,309 $6,273 FDIC Lendable collateral value of pledged loans$41,282 $51,179 Less: advances— — Less: Purchase Money Note35,991 36,072 Available borrowing capacity$5,291 $15,107 Pledged loans$41,040 $51,179 As a member of the FHLB, FCB can access