Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 323

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 8
Chunk 323
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$(762)$178 $(584)Unrealized loss on securities available for sale transferred to held to maturity(5)1 (4)(6)2 (4)Defined benefit pension items177 (46)131 182 (47)135 Unrealized gain on cash flow hedge derivatives17 (4)13 11 (3)8 Total accumulated other comprehensive loss$(35)$(9)$(44)$(575)$130 $(445)The following table details the changes in the components of AOCI, net of income taxes:Changes in Accumulated Other Comprehensive (Loss) Income by Componentdollars in millionsUnrealized loss on securities available for saleUnrealized loss on securities available for sale transferred to held to maturityDefined benefit pension itemsUnrealized gain on cash flow hedge derivativesTotal accumulated other comprehensive lossBalance as of December 31, 2024$(584)$(4)$135 $8 $(445)AOCI activity before reclassifications400 — (4)8 404 Amounts reclassified from AOCI to earnings— — — (3)(3)Other comprehensive income (loss) for the period400 — (4)5 401 Balance as of September 30, 2025$(184)$(4)$131 $13 $(44)Balance as of December 31, 2023$(577)$(5)$91 $— $(491)AOCI activity before reclassifications325 — (8)12 329 Amounts reclassified from AOCI to earnings— 1 — 2 3 Other comprehensive loss (income) for the period325 1 (8)14 332 Balance as of September 30, 2024$(252)$(4)$83 $14 $(159)

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Other Comprehensive Income The amounts included in the Consolidated Statements of Comprehensive Income are net of income taxes. The following table presents the pretax and after tax components of other comprehensive income:Other Comprehensive Income (Loss) by Componentdollars in millionsThree Months Ended September 30,20252024PretaxIncome TaxesNet of Income TaxesPretaxIncome TaxesNet of Income TaxesIncome Statement Line ItemsUnrealized loss on securities available for sale:Other comprehensive income on securities available for sale$97 $(25)$72 $594 $(156)$438 Unrealized loss on securities available for sale transferred