Company: FCNCB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000798941-25-000040
Chunk: 211

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1
Chunk 211
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 2025 were $125 million, an increase of $40 million or 48% from $85 million at December 31, 2024.   

Table 24

Assets Held for Sale

Increase (Decrease) from:dollars in millionsJune 30, 2025March 31, 2025December 31, 2024March 31, 2025December 31, 2024Loans and leases:Commercial (1)$40$113$27$(73)(65)%$1347 %Consumer8370551319 %2852 %Loans and leases12318382(60)(33)%4150 %Operating lease equipment223—— %(1)(17)%Total assets held for sale$125$185$85$(60)(32)%$4048 %

(1) Includes nonaccrual loans held for sale of $22 million as of June 30, 2025 and $19 million as of March 31, 2025. There were no nonaccrual loans held for sale at December 31, 2024.

Loans and Leases

The loan and lease disclosures for 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.

82

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