Company: FCNCB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000798941-25-000040
Chunk: 49

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 2
Chunk 49
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 the Linked Quarter and 2024 periods presented in this Form 10-Q were recast to reflect the 2025 Loan Class Changes summarized in the “Recent Events” section of this MD&A and further discussed in Note 1—Significant Accounting Policies and Basis of Presentation. 

Loans and leases at June 30, 2025 were $141.27 billion, an increase of $1.05 billion or 1% from $140.22 billion at December 31, 2024. Loan growth in the Commercial Bank segment of $793 million was mainly in our industry verticals, primarily TMT and healthcare, as well as the equipment finance portfolios. Loan growth of $155 million in the SVB Commercial segment was concentrated in global fund banking loans, partially offset by a decline in our investor dependent loans. Loan growth of $100 million in the General Bank segment was primarily in the wealth portfolio.

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The unamortized discount related to acquired loans was $1.45 billion at June 30, 2025, a decrease of $148 million from $1.60 billion at December 31, 2024. 

Refer to Note 4—Loans and Leases for further information.

The following table presents loans and leases by loan segment and loan class, and the respective proportion to total loans:

Table 25

Loans and Leases 

dollars in millionsJune 30, 2025March 31, 2025December 31, 2024Balance Increase (Decrease) from:Balance% to Total LoansBalance% to Total LoansBalance% to Total LoansMarch 31, 2025December 31, 2024Commercial:Commercial construction$5,714 4 %$5,529 4 %$5,109 4 %$185 3 %$605 12 %Owner occupied commercial mortgage17,053 12 16,951 12 16,842 12 102 1 211 1 Non-owner occupied commercial mortgage16,100 11 16,139 11 16,194 12 (39)— (94)(1)Commercial and industrial40,658 30 41,040 30 40,737 28 (382)(1)(79)— Leases2,028 1 2,022 1 2,014 1 6 — 14 1 Global