Company: FCNCB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000798941-25-000040
Chunk: 72

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 2
Chunk 72
---
Decrease) in EVEChange in interest rate (bps)June 30, 2025March 31, 2025December 31, 2024-2002.0  %3.2  %5.4  %-1002.0 2.5 3.1 +100(2.2)(2.9)(3.2)+200(4.0)(5.5)(7.0)

In addition to the above reported sensitivities, a wide variety of potential interest rate scenarios are simulated within our asset/liability management system. Scenarios that impact balance sheet composition or the sensitivity to key assumptions are also evaluated.

We use results of our various interest rate risk analyses to formulate and implement asset and liability management strategies, in coordination with the Asset and Liability Committee, to achieve the desired risk profile, while managing our objectives for market risk and other strategic objectives. Specifically, we may manage our interest rate risk position through certain pricing strategies and product design for loans and deposits, our investment portfolio, funding portfolio, or by using derivatives to mitigate earnings volatility. 

96

The above sensitivities provide an estimate of our interest rate sensitivity; however, they do not account for potential changes in credit quality, size, mix, or changes in the competition for business in the industries we serve. They also do not account for other business developments and other actions. Accordingly, we can give no assurance that actual results would not differ materially from the estimated outcomes of our simulations. 

Loan Maturity and Loan Interest Rate Sensitivity

The following table provides loan maturity distribution information:

Table 47

Loan Maturity Distribution

dollars in millionsAt June 30 2025, MaturingWithinOne YearOne to FiveYearsFive to 15YearsAfter 15 YearsTotalCommercialCommercial construction$1,430 $3,490 $748 $46 $5,714 Owner occupied commercial mortgage1,793 8,178 6,622 460 17,053 Non-owner occupied commercial mortgage3,310 9,942 2,045 803 16,100 Commercial and industrial10,409 24,645 4,566 1,038 40,658 Leases632 1,319 77 — 2,028 Global fund banking26,330 2,313 34 — 28,677 Investor dependent366 2,411 — — 2,777 Total