Company: FCNCB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000798941-25-000040
Chunk: 353

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 353
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cluding PAA” discussion in the “Non-GAAP Financial Measurements” section of this MD&A for further information.

The following table shows the types of average interest-earning assets as a percentage of total average interest-earning assets.  

Table 8

Average Interest-earning Asset Mix

Three Months EndedSix Months EndedJune 30, 2025March 31, 2025June 30, 2024June 30, 2025June 30, 2024Loans and leases68 %68 %68 %68 %67 %Investment securities21 21 18 21 17 Interest-earning deposits at banks11 11 14 11 16 Total interest-earning assets100 %100 %100 %100 %100 %

69

The following table shows the types of average interest-bearing liabilities as a percentage of total average interest-bearing liabilities.  

Table 9

Average Interest-bearing Liability Mix

Three Months EndedSix Months EndedJune 30, 2025March 31, 2025June 30, 2024June 30, 2025June 30, 2024Total interest-bearing deposits76 %76 %75 %76 %75 %Long-term borrowings24 24 25 24 25 Total interest-bearing liabilities100 %100 %100 %100 %100 %

Provision for Credit Losses

Table 10

Provision for Credit Losses

dollars in millionsThree Months EndedIncrease (Decrease) from Linked QuarterSix Months EndedIncrease (Decrease)Year to DateJune 30, 2025March 31, 2025June 30, 2024June 30, 2025June 30, 2024Provision for loan and lease losses$111 $148 $95 $(37)(26)%$259 $188 $71 38 %Provision (benefit) for off-balance sheet credit exposure4 6 — (2)(23)10 (29)39 136 Provision for credit losses$115 $154 $95 $(39)(26)%$269 $159 $110 70 %

The provision for credit losses for the Current Quarter was $115 million, a decrease of $39 million from $154 million for the Linked Quarter. 

•The provision for loan and lease losses for