Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 193

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 1
Chunk 193
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◦The rate paid on average interest-bearing liabilities for the current YTD was 3.19%, a decrease of 34 bps, from 3.53% for the prior YTD, primarily due to a lower rate paid on interest-bearing deposits, partially offset by the impacts of a higher average balance of interest-bearing deposits, and a higher average balance and rate paid for borrowings as a result of the 2025 Debt Issuances. 

Refer to the “Financial Performance Summary—Balance Sheet Highlights,” “Interest-earning Assets,” and “Interest-bearing Liabilities” sections of this MD&A for discussions of balance sheet trends that impact average interest-earning assets, average interest-bearing liabilities, and the related yields and rates paid.

(1) Refer to the “NII, NIM, and Interest and Fees on Loans, Excluding PAA” discussion in the “Non-GAAP Financial Measurements” section of this MD&A for further information.

The following table shows the types of average interest-earning assets as a percentage of total average interest-earning assets.  

Table 8Average Interest-earning Asset Mix

Three Months EndedNine Months EndedSeptember 30, 2025June 30,2025September 30, 2024September 30, 2025September 30, 2024Loans and leases67 %68 %68 %68 %67 %Investment securities21 21 19 21 18 Interest-earning deposits at banks12 11 13 11 15 Total interest-earning assets100 %100 %100 %100 %100 %

71

The following table shows the types of average interest-bearing liabilities as a percentage of total average interest-bearing liabilities.  

Table 9Average Interest-bearing Liability Mix

Three Months EndedNine Months EndedSeptember 30, 2025June 30,2025September 30, 2024September 30, 2025September 30, 2024Total interest-bearing deposits76 %76 %75 %76 %75 %Long-term borrowings24 24 25 24 25 Total interest-bearing liabilities100 %100 %100 %100 %100 %

Provision for Credit Losses

Table 10Provision for Credit Losses

dollars in millionsThree Months EndedIncrease (Decrease) from Linked QuarterNine Months EndedIncrease (Decrease)Year to DateSeptember 30, 2025