Company: FCNCB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000798941-25-000040
Chunk: 63

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 2
Chunk 63
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$160 $1,672 $1,547 $153 $1,700 Net charge-off ratio0.37 %0.35 %Net charge-offs$255 $8 $263 $227 $8 $235 Average loans$141,288 $135,565 Percent of loans in each category to total loans80 %20 %100 %80 %20 %100 %

The ALLL at June 30, 2025 was $1.67 billion, representing a decrease of $4 million from December 31, 2024, mainly due to the decreases discussed above and the result of a mix shift from the investor dependent loan class to the global fund banking loan class, which has a lower loss rate relative to our other loan classes, partially offset by the impact of loan growth. 

Net charge-offs for the Current YTD were $263 million, an increase of $28 million from $235 million for the Prior YTD. The higher net charge-offs within commercial loans were mainly due to the commercial and industrial and non-owner occupied commercial mortgage loan classes, partially offset by lower net charge-offs in the investor dependent loan class.

Table 36

ALLL Ratios

dollars in millionsJune 30, 2025March 31, 2025December 31, 2024ALLL$1,672 $1,680 $1,676 Total loans and leases$141,269 $141,358 $140,221 ALLL to total loans and leases1.18 %1.19 %1.20 %Commercial loans and leases:ALLL - commercial$1,512 $1,517 $1,518 Commercial loans and leases$113,007 $113,211 $111,993 Commercial ALLL to commercial loans and leases1.34 %1.34 %1.35 %Consumer loans:ALLL - consumer$160 $163 $158 Consumer loans$28,262 $28,147 $28,228 Consumer ALLL to consumer loans0.56 %0.58 %0.56 %

The ALLL as a percentage of total loans and leases at June 30, 2025 was 1.18%, compared to 1.19% at March 31, 2025 and 1.20% at December