Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 313

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 8
Chunk 313
---
428 — 3,428 — Corporate bonds250 — 141 109 Municipal bonds17 — 17 — Total investment securities available for sale$34,963 $— $34,854 $109 Marketable equity securities110 46 64 — Loans held for sale80 — 80 — Loans22 — 22 — Derivative assets (1)Total qualifying hedge assets$— $— $— $— Interest rate contracts — non-qualifying hedges$403 $— $400 $3 Foreign exchange contracts — non-qualifying hedges145 — 145 — Other derivative contracts — non-qualifying hedges22 — — 22 Total non-qualifying hedge assets$570 $— $545 $25 Total derivative assets$570 $— $545 $25 LiabilitiesDerivative liabilities (1)Interest rate contracts — qualifying hedges$— $— $— $— Interest rate contracts — non-qualifying hedges$383 $— $383 $— Foreign exchange contracts — non-qualifying hedges136 — 136 — Other derivative contracts — non-qualifying hedges1 — — 1 Total non-qualifying hedge liabilities$520 $— $519 $1 Total derivative liabilities$520 $— $519 $1 (1) Derivative fair values include accrued interest. 

41

dollars in millionsDecember 31, 2024TotalLevel 1Level 2Level 3AssetsInvestment securities available for saleU.S. Treasury$13,903 $— $13,903 $— Government agency77 — 77 — Residential mortgage-backed securities15,620 — 15,620 — Commercial mortgage-backed securities3,666 — 3,666 — Corporate bonds467 — 299 168 Municipal bonds17 — 17 — Total investment securities available for sale$33,750 $— $33,582 $168 Marketable equity securities101 48 53 — Loans held for sale55 — 55 — Derivative assets (1)Total qualifying hedge assets$1 $—