Company: FCNCB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000798941-25-000040
Chunk: 50

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 2
Chunk 50
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 fund banking28,677 20 28,572 20 27,904 20 105 — 773 3 Investor dependent2,777 2 2,958 2 3,193 3 (181)(6)(416)(13)Total commercial$113,007 80 %$113,211 80 %$111,993 80 %$(204)— %$1,014 1 %Consumer:Residential mortgage$23,059 16 %$23,060 16 %$23,152 16 %$(1)— %$(93)— %Revolving mortgage2,736 2 2,635 2 2,567 2 101 4 169 7 Consumer auto1,490 1 1,487 1 1,523 1 3 — (33)(2)Consumer other977 1 965 1 986 1 12 1 (9)(1)Total consumer$28,262 20 %$28,147 20 %$28,228 20 %$115 — %$34 — %Total loans and leases$141,269 100 %$141,358 100 %$140,221 100 %$(89)— %$1,048 1 %Allowance for loan and lease losses(1,672)(1,680)(1,676)Net loans and leases$139,597 $139,678 $138,545 

Operating Lease Equipment, Net

Our operating lease portfolio mostly relates to the Rail segment, with the remainder included in the Commercial Bank segment as summarized in the following table. Refer to the “Results by Segment” section of this MD&A for further details on the operating lease equipment portfolio in Rail.

Table 26

Operating Lease Equipment, Net

dollars in millionsIncrease (Decrease) from:June 30, 2025March 31, 2025December 31, 2024March 31, 2025December 31, 2024Railcars and locomotives$8,716 $8,640 $8,573 $76 1 %$143 2 %Other equipment750 731 750 19 3 — — Total (1)$9,466 $9,371