Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 128

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 1
Chunk 128
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Commercial construction15 0.60 %— Owner occupied commercial mortgage28 1.67 18 Non-owner occupied commercial mortgage20 — 40 Commercial and industrial15 0.71 12 Leases11 — 6 Investor dependent11 2.75 8 Total commercial18 0.96 14 ConsumerResidential mortgage70 2.09 11 Revolving mortgage60 4.73 — Consumer auto29 0.26 — Consumer other57 9.65 — Total consumer66 3.41 11 Total loans and leases19 1.07 %14 Note: The financial effects of loan modifications for certain loan classes reported in the tables above were not reported in the preceding tables as the total amortized cost of loans modified during the period for such loan classes rounded to less than $1 million.Borrowers experiencing financial difficulties are typically identified in our credit risk management process before loan modifications occur. An assessment of whether a borrower is experiencing financial difficulty is reassessed or performed on the date of a modification. Since the effect of most modifications made to borrowers experiencing financial difficulty is already included in the ALLL because of the measurement methodologies used to estimate the ALLL, a change to the ALLL is generally not recorded upon modification. Upon BancShares’ determination that a modified loan (or portion of a loan) has subsequently been deemed uncollectible, the loan (or a portion of the loan) is charged off. At September 30, 2025, there were $113 million of loans modified in the twelve months ended September 30, 2025, which defaulted subsequent to modification.

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The following tables present the amortized cost and performance of loans to borrowers experiencing financial difficulties for which the terms of the loan were modified during the referenced periods. The period of delinquency is based on the number of days the scheduled payment is contractually past due.Modified Loans Payment Status (twelve months ended September 30, 2025)dollars in millionsCurrent30–59 Days Past Due60–89 Days Past Due90 Days or Greater Past DueTotalCommercialCommercial construction$22 $1 $— $— $23 Owner occupied commercial mortgage74 1 — 9 84 Non-owner occupied commercial mortgage241 4 1 60 306 Commercial and industrial404 2 1 24 431 Investor dependent90 —