Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 387

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 8
Chunk 387
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 Events” section of this MD&A and further discussed in Note 1—Significant Accounting Policies and Basis of Presentation. 

Loans and leases at September 30, 2025 were $144.76 billion, an increase of $4.54 billion or 3% from $140.22 billion at December 31, 2024. Loan growth of $3.26 billion in the SVB Commercial segment was concentrated in Global Fund Banking, partially offset by a decline in Tech and Healthcare. Loan growth in the Commercial Bank segment of $943 million was mainly in our industry verticals, primarily TMT and Healthcare. Loan growth of $338 million in the General Bank segment was primarily in the Wealth portfolio.

84

The unamortized discount related to acquired loans was $1.38 billion at September 30, 2025, a decrease of $215 million from $1.60 billion at December 31, 2024. 

Refer to Note 4—Loans and Leases for further information.

The following table presents loans and leases by loan segment and loan class, and the respective proportion to total loans:

Table 25Loans and Leases

dollars in millionsSeptember 30, 2025June 30, 2025December 31, 2024Balance Increase (Decrease) from:Balance% to Total LoansBalance% to Total LoansBalance% to Total LoansJune 30, 2025December 31, 2024Commercial:Commercial construction$5,926 4 %$5,714 4 %$5,109 4 %$212 4 %$817 16 %Owner occupied commercial mortgage17,232 12 17,053 12 16,842 12 179 1 390 2 Non-owner occupied commercial mortgage15,645 11 16,100 11 16,194 12 (455)(3)(549)(3)Commercial and industrial41,172 28 40,658 30 40,737 28 514 1 435 1 Leases2,066 1 2,028 1 2,014 1 38 2 52 3 Global fund banking31,615 22 28,677 20 27,904 20 2,938 10 3,711 13 Investor dependent2,772 2