Company: FCNCB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000798941-25-000040
Chunk: 323

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 323
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Maintenance and other operating lease expenses— — — 113 — 113 Personnel cost424 141 224 14 825 1,628 Acquisition-related expenses— — — — 80 80 All other noninterest expense (3)721 313 537 40 (637)974 Total noninterest expense1,145 542 761 277 268 2,993 Provision for credit losses59 132 78 — — 269 Income before income taxes736 195 406 55 17 1,409 Income tax expense (benefit)189 50 104 14 (6)351 Net income$547 $145 $302 $41 $23 $1,058 Six Months Ended June 30, 2024General BankCommercial BankSVB CommercialRailCorporate (1)BancShares (2)Net interest income (expense)$1,414 $611 $1,076 $(88)$625 $3,638 Rental income on operating lease equipment— 115 — 399 — 514 All other noninterest income297 160 268 6 21 752 Total noninterest income297 275 268 405 21 1,266 Total revenue1,711 886 1,344 317 646 4,904 Depreciation on operating lease equipment— 94 — 100 — 194 Maintenance and other operating lease expenses— — — 105 — 105 Personnel cost392 137 242 14 704 1,489 Acquisition-related expenses— — — — 102 102 All other noninterest expense (3)637 275 493 29 (562)872 Total noninterest expense1,029 506 735 248 244 2,762 Provision for credit losses58 59 42 — — 159 Income before income taxes624 321 567 69 402 1,983 Income tax expense171 86 160 19 109 545 Net income$453 $235 $407 $50 $293 $1,438 (1) Corporate includes all other financial information that is not included in the reportable segments.(2) In the segment reporting table above, there are