Company: FCNCB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000798941-25-000040
Chunk: 236

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1
Chunk 236
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263 6,527 Commercial and industrial10,054 20,195 Leases1,389 7 Global fund banking1 2,346 Investor dependent20 2,391 Total commercial32,464 36,273 ConsumerResidential mortgage8,636 13,752 Revolving mortgage30 2,647 Consumer auto1,152 — Consumer other273 414 Total consumer10,091 16,813 Total loans and leases$42,555 $53,086 

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Liquidity Risk

Our liquidity risk management and monitoring process is designed to ensure the availability of adequate cash and collateral resources and funding capacity to meet our obligations. Our overall liquidity management strategy is intended to ensure appropriate liquidity to meet expected and contingent funding needs under both normal and stressed environments. Consistent with this strategy, we maintain sufficient amounts of available cash and HQLS. Additional sources of liquidity include committed credit facilities, repurchase agreements, brokered certificates of deposit issuances, unsecured debt issuances, and cash collections generated by portfolio asset sales to third parties. 

We utilize measurement tools to assess and monitor the level and adequacy of our liquidity position, liquidity conditions and trends. We measure and forecast liquidity and liquidity risks under different hypothetical scenarios and across different horizons. We use a liquidity stress testing framework to better understand the range of potential risks and their impacts to which BancShares is exposed. Stress test results inform our business strategy, risk appetite, levels of liquid assets, and contingency funding plans. Also included among our liquidity measurement tools are key risk indicators that assist in identifying potential liquidity risk and stress events. 

BancShares maintains a framework to establish liquidity risk tolerances, monitoring, and breach escalation protocol to alert management of potential funding and liquidity risks and to initiate mitigating actions as appropriate. Further, BancShares maintains a contingent funding plan, which details protocols and potential actions to be taken under liquidity stress conditions.

Liquidity includes available cash and HQLS. At June 30, 2025 we had $63.62 billion of high-quality liquid assets (27.7% of total assets) and $28.51 billion of contingent liquidity sources available. The higher available cash level presented below was due in part from deposit growth, maturing investment securities, and funds received in connection with the Linked Quarter Debt Issuances. During the Current Quarter, we increased our borrowing capacity under agreements with the FRB through expansion of the