Company: FCNCB
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000798941-25-000024
Chunk: 5

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 1
Chunk 5
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 Gain on sale of loans, net(2)(3)Gain on sale of operating lease equipment, net(5)(10)Gain on sale of premises and equipment, net(1)— Loss (gain) on other real estate owned, net8 (3)Loss on extinguishment of debt— 2 Origination of loans held for sale(297)(209)Proceeds from sale of loans held for sale293 244 Impairment of premises and equipment4 — Net change in other assets24 57 Net change in other liabilities(610)(409)Other operating activities(11)4 Net cash provided by operating activities98 461 CASH FLOWS FROM INVESTING ACTIVITIESNet (increase) decrease in interest-earning deposits at banks(3,328)2,817 Purchases of investment securities available for sale(1,855)(6,296)Proceeds from maturities of investment securities available for sale894 1,221 Proceeds from sales of investment securities available for sale1,196 250 Purchases of investment securities held to maturity(217)(174)Proceeds from maturities of investment securities held to maturity139 109 Net (increase) decrease in securities purchased under agreements to resell(187)79 Net increase in loans(1,368)(2,146)Proceeds from sales of loans41 74 Net increase in credit balances of factoring clients129 63 Purchases of operating lease equipment(170)(191)Proceeds from sales of operating lease equipment63 66 Purchases of premises and equipment(103)(94)Proceeds from sales of other real estate owned3 7 Other investing activities(114)(76)Net cash used in investing activities(4,877)(4,291)CASH FLOWS FROM FINANCING ACTIVITIESNet (decrease) increase in time deposits(1,257)585 Net increase in demand and other interest-bearing deposits5,370 3,204 Net increase (decrease) in securities sold under agreements to repurchase83 (90)Repayment of long-term borrowings(1)(31)Proceeds from issuance of long-term borrowings1,242 — Repurchase of Class A common stock(618)— Cash dividends paid(42)(39)Other financing activities— (9)Net cash provided by financing activities4,777 3,620 Change in cash and