Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 112

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 1
Chunk 112
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3,193 Total commercial116,428 111,993 ConsumerResidential mortgage23,036 23,152 Revolving mortgage2,794 2,567 Consumer auto1,463 1,523 Consumer other1,037 986 Total consumer28,330 28,228 Total loans and leases$144,758 $140,221 Refer to Note 1—Significant Accounting Policies and Basis of Presentation for discussion related to changes in loan classes.At September 30, 2025 and December 31, 2024, accrued interest receivable on loans included in other assets was $637 million and $603 million, respectively, and was excluded from the estimate of credit losses.   The discount on acquired loans is accreted to interest income over the contractual life of the loan using the effective interest method. Discount accretion income was $71 million and $230 million for the three and nine months ended September 30, 2025, including $6 million and $17 million for unfunded commitments, respectively. Discount accretion income was $107 million and $415 million for the three and nine months ended September 30, 2024, including $16 million and $71 million for unfunded commitments, respectively.The following table presents selected components of the amortized cost of loans, including the unamortized discount on acquired loans.Components of Amortized Cost dollars in millionsSeptember 30, 2025December 31, 2024Deferred fees, including unamortized costs and unearned fees on non-PCD loans$(89)$(91)Net unamortized discount on acquired loansNon-PCD$1,339$1,504PCD4494 Total net unamortized discount$1,383$1,598

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The aging and nonaccrual status of the outstanding loans and leases by class at September 30, 2025 and December 31, 2024 are provided in the tables below. Loans and leases less than 30 days past due are considered current, as various grace periods allow borrowers to make payments within a stated period after the due date and remain in compliance with the respective agreement.Loans and Leases - Delinquency and Nonaccrual Status (1) (2)dollars in millionsSeptember 30, 2025Accruing Loans30-59 DaysPast Due60-89 DaysPast Due90 Days orGreaterTotalPast DueCurrentTotal