Company: FCNCB
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000798941-25-000010
Chunk: 59

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-02-21
Form: 10-K
Item: Item 7
Chunk 59
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The following table provides loan maturity distribution information:

Table 42

Loan Maturity Distribution

dollars in millionsAt December 31, 2024, MaturingWithinOne YearOne to FiveYearsFive to 15YearsAfter 15 YearsTotalCommercialCommercial construction$1,589 $2,736 $759 $25 $5,109 Owner occupied commercial mortgage2,037 7,615 6,768 422 16,842 Non-owner occupied commercial mortgage3,745 9,478 2,185 786 16,194 Commercial and industrial9,932 17,136 3,492 1,080 31,640 Leases651 1,272 91 — 2,014 Total commercial17,954 38,237 13,295 2,313 71,799 ConsumerResidential mortgage949 2,834 7,543 11,826 23,152 Revolving mortgage73 193 929 1,372 2,567 Consumer auto340 1,044 139 — 1,523 Consumer other229 619 129 9 986 Total consumer1,591 4,690 8,740 13,207 28,228 SVBGlobal fund banking25,781 1,971 152 — 27,904 Investor dependent - early stage117 880 — — 997 Investor dependent - growth stage203 1,993 — — 2,196 Innovation and cash flow dependent1,533 7,236 328 — 9,097 Total SVB27,634 12,080 480 — 40,194 Total loans and leases$47,179 $55,007 $22,515 $15,520 $140,221 

As noted above, approximately 64% of our total loans have floating contractual reference rates, indexed primarily to SOFR and the U.S. prime rate. The following table provides information regarding the sensitivity to changes in interest rates of loans and leases maturing one year or after, as of December 31, 2024:  

Table 43

Loan Interest Rate Sensitivity  

dollars in millionsLoans Maturing One Year or After withFixed Interest RatesVariable Interest RatesCommercialCommercial construction$1,369 $2,151 Owner occupied commercial mortgage