Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 408

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 8
Chunk 408
---
 breakout below is based on total client balances (individually or in the aggregate) as of September 30, 2025:

Table 43Commercial Loans by Size and Class

dollars in millionsLess Than $10 Million$10 to < $30 Million> $30 MillionTotal Commercial LoansCommercial construction$1,221 $1,683 $3,022 $5,926 Owner occupied commercial mortgage14,596 2,037 599 17,232 Non-owner occupied commercial mortgage6,399 4,923 4,323 15,645 Commercial and industrial14,983 12,430 13,759 41,172 Leases1,633 281 152 2,066 Global fund banking1,455 2,976 27,184 31,615 Investor dependent1,721 775 276 2,772 Total$42,008 $25,105 $49,315 $116,428 

Consumer Loan Concentrations

Loan concentrations may exist when multiple borrowers could be similarly impacted by economic or other conditions. The following table summarizes state concentrations greater than 5.0% of consumer loans based on customer address:

Table 44Consumer Loans - Geography

dollars in millionsSeptember 30, 2025June 30, 2025December 31, 2024StateCalifornia$8,324 29.4 %$8,335 29.5 %$8,655 30.7 %North Carolina7,164 25.3 7,067 25.0 6,923 24.5 South Carolina3,708 13.1 3,660 12.9 3,607 12.8 Massachusetts1,621 5.7 1,644 5.8 1,692 6.0 Other states7,513 26.5 7,556 26.8 7,351 26.0 Total $28,330 100.0 %$28,262 100.0 %$28,228 100.0 %

Market Risk

Interest rate risk management 

BancShares is exposed to the risk that changes in market conditions may affect interest rates and negatively impact earnings. The risk arises from the nature of BancShares’ business activities, the composition of BancShares’ balance sheet, and changes in the level or