Company: FCNCB
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000798941-25-000024
Chunk: 15

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 1
Chunk 15
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After five through 10 years353 338 346 330 After 10 years22 22 22 22 Government agency71 69 79 77 Residential mortgage-backed securities16,905 16,605 16,161 15,620 Commercial mortgage-backed securities3,759 3,594 3,869 3,666 Total investment securities available for sale$34,340 $33,900 $34,512 $33,750 Investment securities held to maturityNon-amortizing securities maturing in:One year or less$450 $443 $429 $419 After one through five years1,281 1,209 1,299 1,208 After five through 10 years547 483 546 468 Residential mortgage-backed securities4,668 4,090 4,558 3,878 Commercial mortgage-backed securities3,378 2,748 3,407 2,729 Total investment securities held to maturity$10,324 $8,973 $10,239 $8,702 

15

The following table presents interest and dividend income on investment securities: Interest and Dividends on Investment Securitiesdollars in millionsThree Months Ended March 31,20252024Interest income - taxable investment securities(1)$413 $281 Interest income - nontaxable investment securities— — Dividend income - marketable equity securities1 1 Interest on investment securities$414 $282 (1) Amount includes interest income on securities purchased under agreements to resell.The following table presents the gross realized gain and loss on sales of investment securities available for sale, and the net realized gain on sale of marketable equity securities: Realized Gain (Loss) on Sale of Investment Securities, Netdollars in millionsThree Months Ended March 31,20252024Gross realized gain on sale of investment securities available for sale$1 $— Gross realized loss on sale of investment securities available for sale(2)— Net realized loss on sale of investment securities available for sale(1)— Net realized gain on sale of marketable equity securities1 — Realized gain (loss) on sale of investment securities, net$— $— The following table provides information regarding investment securities available for sale with unrealized losses:Gross Unrealized Losses on Debt Securities Available For Sale dollars in millionsMarch 31